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iLender Offers Calif. Home Sellers Up to $3 Million Guaranteed if Buyer Falters
Orange County Register, Nov. 18, 2021–Jeff Lazerson
A new breed of lenders – called iLenders – has emerged. Their business plans vary, but in essence, they buy the house for you – paying cash – and then transition you into a mortgage, sometimes after the deal has closed. (MBA mention)
https://www.ocregister.com/2021/11/18/ilender-offers-calif-home-sellers-up-to-3-million-guaranteed-if-buyer-falters/