Real estate is one of the largest investments you can make. And depending upon when you originated your loan, you could have missed out on a low interest rate. Or it may be the time to take cash out of your property to start a renovation, buy an investment property, or pay off high interest…
As a former banker, I have seen all kinds of issues from clients during the lending process. I used to get clients saying, “I’m a surgeon, my cash flow is fantastic,” to “I’ve been practicing law for 20 years, of course I’ll qualify.” Borrowers see themselves much differently than what is actually on paper. They…
Realtors and loan processors complain constantly about the struggles they have when interacting with new home buyers. Realtors lament the bad decisions borrowers make that kill their ability to get approved for a loan. Some seem like common sense, but other things might not be so clear on how one item is even connected with…
