The appraisers square footage measurements were over 900 square feet in disagreement. There was an explanation, but we couldn’t get the underwriters on the investor side to look logically at the differences. Naturally the clock was ticking and the movers were scheduled.

Solution: By applying the "Smart Money Mortgage", Ashford was able to close the loan regardless of the indecisiveness of the ultimate investor's underwriters. The night before the closing, the parent corporation of Ashford instructed all parties involved that the loan would close the next day regardless. AME, Ashford's parent corporation would hold the loan on their warehouse line until the investor was satisfied about the property as collateral for the loan. More Here!