Click For Your FREE
Home Value

Left Brain
Like What You're Reading? Submit your email to be notified of new articles! Really Simple Syndication

Categories

Archives


SCME Mortgage Closes It’s Doors

September 29th, 2007 Categories: Real Estate News

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

 

J0433045[1]

SCME Mortgage of Sandy Utah has closed it’s doors. Yet another mortgage company that has fallen in the Sub Prime Meltdown. Right now there are not many details. However I have spoken to a loan officer that had a loan in process there and now has to start over. Meaning buyers can be in a bind if their loans had been approved and they were set to close, they potentially can lose their earnest money.

Which means agents need to write a condition in the contract that is contingent on the mortgage company being in business and funding loans on the day of settlement.

Below are some contact info. Whether you can get anyone remains to be seen.

Sandy Contact Info

9350 South 150 East, Suite 100
Sandy, UT 84070
Phone: 801-748-2525 / 866-756-7263
Fax: 801-748-2526
E-mail: dschetselaar@scme.com

SCME Corporate Offices
6265 Greenwich Dr. Suite 200
San Diego, CA 92122
Phone: 800-716-7263
Help Desk: 858-558-2700 / 888-454-7263
Fax: 858-558-2717
E-mail: corporateinfo@scme.com

This entry was posted on Saturday, September 29th, 2007 at 5:53 am and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply

Copyright © 2007 Salt Lake Real Estate Blog     Agent Login     Design by Real Estate Tomato     Powered by Tomato Blogs