Episode Details
Back to EpisodesEP 627 - Understanding Note Exit Strategies And How They Affect Borrower’s Credit With Merrill Chandler
Episode 627
Published 5 years, 4 months ago
Description
Not all note exit strategies are created equal. While each of them may have their own merits, they can have different net effects on your fundability. In their monthly episode together, Scott Carson talks with Merrill Chandler from GetFundable.com about how the ten different exit strategies with notes affect the borrower's credit and FICO scores. They discuss everything from mortgage lates to modifications, forbearance agreements, short sales, payoffs, loan assumptions, bankruptcies, and foreclosures and how you can use this knowledge to work with your distressed borrowers. Listen in for this extremely valuable and timely conversation.
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