Updated over 1 year ago on . Most recent reply
PML vs Banks
How do PMLs evaluate the potential of a real estate investment differently from banks?
Most Popular Reply
@Lisa Fortune
Clayton hit the nail on the head. We have an in house risk assessment system that includes credit, property value and other factors to score a loan. But what type of loan
A PML typically doesn’t do owner occupied
For OO, banks right to government standards so they can sell the loans to the government
A private money lender underwrites to their or if they have a line from a lender will underwrite to their covenants
- Chris Seveney
7e investments
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