Balboa Capital Group, directly sourced the funding of this $1,600,000 primary residential purchase in San Jose, CA. The borrower was a week away from closing on this purchase and was let go from her employment. The original lender was no longer able to move forward with a loan to fund this acquisition. The agent reached out to Balboa Capital Group for a quick solution to save this transaction. Balbo Capital Group was able to access a non-qualified mortgage (non-QM) option and close just a few days past the original scheduled closing date. This highlights a win-win for the seller and buyer; that were on the verge of canceling the purchase contract. Balboa Capital Group prides itself on its ability to access a wide range of capital markets to support challenging opportunities in the real estate marketplace.