Client: Zach Taylor

Broker: Loan Wolf Lending

‍‍‍The Challenge: Lender Fallout and Urgency

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Zach Taylor, a broker at Loan Wolf Lending, encountered a high-pressure scenario. A promising deal for his borrower was in jeopardy after her original lender denied a bank statement loan due to its own specific internal guidelines, despite the file having a strong, completed appraisal.

With the borrower’s contracted closing date looming, Zach faced a critical decision. Before committing his own reputation and resources to salvaging the file, he needed absolute certainty. He required a lending partner who could:

Confirm Fundability: Provide a definitive "yes" on being able to fund the unique loan scenario.
Preserve Time and Value: Accept the existing appraisal to avoid the cost and, more importantly, the 1-2 week delay of ordering a new one.
Close Exceptionally Fast: Ensure the transaction could close on time, preventing a breach of contract and a disappointed client.

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The Solution: A Partnership Built on Certainty and Responsiveness

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Zach didn’t operate on assumptions. He proactively reached out to his trusted Account Executive, Mike, at Lendz. He presented the unique circumstances of the file and posed the critical questions: “Can you fund this? Can you use the existing appraisal?”

Mike’s response was immediate and unequivocal. He confirmed that Lendz could not only fund the bank statement loan but would also accept the transferred appraisal, a key factor in preserving the timeline. Armed with this verified confidence, Zach officially transferred the file to Lendz.

The Lendz team moved swiftly, leveraging the approved appraisal and their efficient processing system to accelerate the file toward closing

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The Result: A 12-Day Close and a Delighted Client

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The collaboration between Loan Wolf Lending and Lendz yielded outstanding results:

Record-Setting Speed: The loan was cleared-to-close (CTC) in just 12 days from the point of being submitted to Lendz.
Contract Saved: The borrower successfully closed on her property on her original contracted date, avoiding any potential penalties or deal fallout.
Unexpected Value: Lendz didn’t just match expectations; they exceeded them by securing an interest rate 0.5% lower than originally anticipated, putting more money in the borrower’s pocket.
A Strengthened Partnership: The successful resolution of this complex file reinforced Zach’s trust in Lendz as a reliable and capable lending partner.

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“I love that I can check with Lendz ahead of time to confirm they’ll accept a loan, even before committing to the file. My Account Executive, Mike, is always quick to respond and ready to help. Not only did Lendz fund this deal, but they also accepted the transferred appraisal everyone was happy with - avoiding the cost and hassle of ordering a new one. To top it off, they even lowered the rate by half a point. I’ll definitely be working with Lendz again soon."
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Zach Taylor
Loan Officer, Loan Wolf Lending