Consider using a Broker…
1) Consider using a Broker (Pick ME!) who has access to lenders that will not use a STRESS TEST. For a rate difference of only .10 we can qualify for substantially more than any of the Banks.
2) Consider using a Broker (yep, ME again!) who knows the best lenders to work with when we are dealing with multiple properties . Again, certain lenders allow for MUCH higher use of rental income than others.
3) Consider using a Broker (surprise! It’s ME!) who can DEDUCT Child Support payments from income instead of adding this to liabilities (substantially higher approvals)
4) Lastly, consider using a Broker (you get it…) who CARES deeply for her client’s situation and is an expert at not only getting them the BEST rates in the Market. My toolbox also contains quick and painless Alternative B and Private lending options that aren’t just a Band-Aid solution, but instead come with an exit strategy to get them back into the A space as soon as possible.
“People don’t care how much you know, until they know how much you care” Theodore Roosevelt