Speaking to MPA, Stoy explained why the family decided to take such a long, arduous journey in the middle of the pandemic. “It was expensive for them to buy in California, but since his job allowed him to work remotely, they decided to come to the east coast where it was cheaper,” he said.
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The next chapter of the story would take exactly 110 days, from the first contact to its happy dissolution. The first problem was finding a surveyor to take the order as the house was in a relatively remote location.
“The report took forever. Then we had to go to a second underwriter because it was a USDA loan, ”revealed Stoy. “There were a lot of delays and of course we wanted to get them out of the motorhome as soon as possible.”
Finding the way through the borrower’s income structure was also a mammoth task. “Because we had earnings upfront about how he worked for a company but was paid through two different W2s, we had to work with the underwriters to overcome this challenge,” he said.