All Forum Posts by: Gabriel Landinguin

Super excited for this event. Last time, it was great. See you there Jason!

Hey Lee,

I work for a mortgage broker, typically what I tell my clients that are investors is to apply for a Non-QM loan. DSCR, bank statement, etc. These offer flexibility, and underwriting is typically less strict. After a year or two, refinance into a conventional loan. Another option, is to find a conventional lender that will accept an LOE or an exception for the particular situation. A lot of lenders that keep a portfolio of loans (usually the smaller ones) have the ability to do this. Conventional and FHA, are pretty nuanced, but working with a broker with access to more lenders is never a bad thing. I will say with COVID-19 lenders have been getting more strict. Your situation doesn't seem that crazy though. You shouldn't have much trouble. Let me know if you need anything.