Let me start by saying that I will be referring anyone and everyone I know to Whitney Rice from Costal Lending. I call her Whitney "Wonder Woman" Rice. I gave her that epithet because she had me "wondering" how she was able to do what she did for me. Now let me tell you my situation. I was granted temporary full custody of my 6 year old son in April of 2017 and then granted permanent full custody of him in August of 2017. I wanted to keep him in the same school but the school's pupil liaison, Mr. Greenburg, would not let me enroll him because I didn't live in the district, even though he did NOTHING when my son missed 57% of his kindergarten school year. As you can tell I'm still a little sensitive about that. So I searched for an apartment to rent in the same district. Pleasant Plains Elementary school in Towson Maryland has a small school district. They only have 4 apartment complexes in their district. 3 of the 4 complexes were nice but to expensive for me and the location of the last complex was slightly better in price but was not where I wanted to raise my son.
I decided to look for a Townhouse to buy. I knew It was going to be a long shot; to find a townhouse, to get financing and if I did find a place, to settle in a month, but on September 3rd I found a place. The agent who showed me the townhouse asked me, when would you like to go to settlement if the offer is accepted. I told her a.s.a.p. She said the earliest would probably be 30 days. I told her, 30 days it is, October 3rd. That same day, after meeting with the Real Estate agent, I was referred by a friend to Whitney Rice of Coastal Lending. I called Whitney and explained to her the urgency of my situation. This is when Whitney first showed me her ability. She got me approved for a loan and was able to put an approval letter in my hand, to give to the Real Estate agent, all in the same day. You might be thinking, well that's no big deal but consider this, I contacted Whitney around 4:00 p.m. that afternoon and she was able to accomplish those things the same day. I think that's impressive, considering how some Loan officers take hours or days just to call you back.
The property was listed for $135,000. After some negotiations the seller was willing to sell at $125,000, which was good but that's when my first hurdle popped up and when Whitney "Wonder Woman" Rice showed me her powers again (LOL). Even though I was approved for a loan, it was for only $120,000 and the lenders program wouldn't allow me to be approved for the additional $5000. So I thought the deal was dead but Whitney never gave up. She Found a lender that not only approved me for the $125,000 needed but also gave me a buyers credit of approximately $3,000. I was amazed and thought It was to good to be true. I say this because I had a credit score of 630 and didn't think I was going to get approved for a loan at all. So to get approved for the first amount of $120,000 (only to have the seller not drop the price to or below my approved loan amount) and then to have Whitney find me another lender that would approve me for the $125,000 and also provide a $3000 credit was incredible!
Next step was providing all the necessary papers and signing all the necessary documents. This can be a daunting task but with Whitney's expertise and professionalism it was fast and easy. The only contributing factor that slowed this process down was me not providing the papers and documents fast enough to Whitney. Once she received everything from me, she had my final approval within a day or two. I couldn't believe how fast she did all this. I was able to go to settlement on the 4th of October which was one day later than I told the Real Estate agent we would. That one day difference was not do to Whitney at all. It was do to the fact, the appraiser from the lender couldn't get out there for his follow up inspection after the seller made the required repairs needed for the sale.
So in conclusion, Whitney Rice is the BEST of the best! She really knows her profession better than any other Loan Originator that I've ever worked with. And as I said in the beginning, I will be referring anyone and everyone I know to Whitney "Wonder Woman" Rice from Costal Lending.
Thanks Whit, you are the BEST!
Ian Alexander read more