Value of Scratch and Dent Mortgage Broker

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Value of Scratch and Dent Mortgage Broker: There are situations in business where a middleman can just clog things up, slow down the process and really not add a lot of value.  A broker is a middleman in most cases and therefore sometimes gets a negative reputation.   However, there are situations and cases where a broker not only adds value but makes the deal come together.  The Scratch and Dent Niche within the mortgage industry is a great example of where a broker can be a big asset but you need to find the right one.

3 Types of Participants:

There are 3 different type of participants when it comes to liquidating scratch and dent loans.   First is the seller who is trying to liquidate the loan at the highest value possible.  Second is the buyer who is trying to purchase the loan at the lowest possible value.  So the seller and buyer are on opposite sides of the table so to speak.  This conflict is the reason a scratch and dent broker is so valuable in assisting and sometimes the reason why a loan is sold on the secondary market.

Right House Capital:

Right House Capital takes on a very active and aggressive role with all of our clients.  RHC assists with communication in the bidding process by taking a deep dive into seller expectations.  And then matching those expectations with the correct buyers.  Right House also works to satisfy all buyer stipulations by suggesting alternative solutions for supporting documentation.  RHC attacks any buyer rejection or turn down by performing a detailed loan analysis.  From there we present all the positive attributes of the loan in our rebuttal.  These are just a few examples of how Right House Capital not only adds value to the liquidation of a scratch and dent loan, investor overlay loan, non-QM loan, Jumbo loan, re-performing loan, sub-performing loan, non-performing loan or any other type of unsaleable loan but actually can be the reason a deal comes together.


For more information on the Value of Scratch and Dent Mortgage Broker or if you have any problem loans you want to liquidate today, contact Andrew Zale at 502-365-5632.

Andrew Zale - 502-365-5632

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