Closing a Pre-Sale Home on a Professional Athlete's Variable Income
"A real story about bridging a closing today while building toward better financing tomorrow."
⚽ The Challenge
Our client, a professional soccer player, had a pre-sale property closing — and income that didn't move in a straight line: inconsistent contract earnings, some past credit issues, and a partner with variable nursing income.
🔘Professional Athlete 🔘 Variable Contract Income 🔘 Pre-Sale Closing Deadline
However, standard and even alternative lenders were hesitant to commit against income that could shift from one contract to the next.
Why?
"Inconsistent contract earnings and past credit issues." – Early lender assessment
📉 This is a common roadblock for:
- Athletes and contract-based professionals with variable income
- Buyers with past credit issues that don't reflect their current situation
- Pre-sale closings with a fixed deadline and evolving finances
And it's proof that a hard deadline doesn't mean settling for the first offer available.
Secured private lender financing to make sure the closing wasn’t at risk.
Monitored his income as it stabilized over subsequent contracts.
Progressed the file from a private lender to a B lender, and eventually to an A lender, as the financial picture strengthened.
Instead of one financing decision, this was three — each one better than the last.
⚽ What You Can Learn from This
Private lending can bridge a closing when timing doesn’t allow for a slower approval.
A financing plan can evolve in stages as income stabilizes not just at the start.
Past credit issues don’t have to define long-term financing options.
📞 Call to Action
Facing pushback due to your job or income style?
Let us help tell your story — and find the right mortgage solution for you.
📧 paul.davidescu@mortgagepal.ca