Nelson Group - Edge Home Finance

A recent client came to me looking at renovation refinancing, but they were concerned about changing their overall rate on the full project. Since speed was also a priority and they had already started working with the contractor, we explored a HELOC as a faster solution.

From application to close, the process took just 5 days. After the 3-day rescission period, the funds will be directly deposited, which means that with a weekend in between, they’ll have the cash they need in 10 calendar days.

From being denied at their local bank after 35 days to being cleared to close in just 14 days — this is why working with a broker can make all the difference.

Will every file have this same outcome? No. But this is a great example of how the right lender and the right approach can work to your advantage, or your client’s advantage.

The bank was convinced this loan would not close and made that clear when they transferred the FHA case number. We took a different path, worked with a lender who reviews files directly under FHA guidelines, and now these buyers are new first-time homeowners.

Congratulations to my clients! 🎉

After spending over a month working with their local bank, they were ultimately told the transaction couldn’t be completed.

Now—their loan is officially approved, in 24 hrs ✅

We’ve still got a few final steps to wrap up, but we’re moving quickly toward the finish line so they can start enjoying their new home.

Grateful for the opportunity to step in and help get this one across the line. Let’s finish strong! 💪