The Joist Deal of The Week

Ralph Abbott

This week we are featuring a deal that enabled a borrower into despair to build their future. The borrower was referred to Joist by a nationwide real estate rehab lender. Her credit score was not up to the lender's standards, so she wasn't able to secure a loan for a fix & flip that she spent months planning. Luckily, we were around to reevaluation the borrower's situation to truly understand if she was worthy of a loan. After some number crunching, we realized that the borrower had an amazing business opportunity on her hands and had a track record of rehabs to prove out her experience. So Joist went forward with a loan which enabled her to close the deal! Solid work all around.

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