09/28/2022

Have you ever worked with a DSCR loan? Do you have any idea how they work? Will they help my clients? When I am asked the questions above I answer the with the following:Yes.Yes.Yes. Those are three of the many questions that I am often asked when this loan program comes up for agents looking for a loan program that can help their clients interested in a listed property.NON QM programs in general are getting very popular in this market.  Bank Statement Loans and DSCR loans are where many buyers who may not qualify for a conventional loan based on their tax returns can qualify with a NON QM mortgage.  Newer investors and established investors can both take advantage of this type of loan.  The DSCR loan helps many newer investors that are looking to get started as they want to look for op... 10/03/2022

As mortgage rates are surging, we are seeing a pause in most markets.  Those of us that have been through many cycles are now looking for ways to offer rate shocked clients solutions instead of feeding into their fears that buying a home may not be their best option today.  Even though home prices have corrected in many markets over the buying frenzy from earlier this year, the media stoking fears of a GFC (Great Financial Crisis) part 2 is keeping clients from thinking clearly.  If rates are 3% higher than earlier this spring but home prices are 20% less than they would have paid with those lower rates, are they better off now?  Especially if they had to bid up to 105% of list price and pay cash just to get that home?  This question is going to be unique and different to each potential... 09/29/2022