SCME Mortgage Closes It’s Doors
September 29th, 2007 Categories: Real Estate News
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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
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