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Loan limits increased to $715,000 for FNMA and FHMC
get better rates without having to go to Jumbo financing

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Non-QM lenders going out of business
Non-QM having to pay to get their loans off their lines
conventional lenders laying off, closing channels across the board
fewer loans more scrutiny
loans being over-documented in order to get them sold
rates have doubled this year and as a result, this has all happened

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doing verification of rent with a private individual or mgmt co
being prepared if doing a non-QM loan if they want canceled checks

maybe best not to pay in cash
be in good standing with your landlord

ok to be rent-free as well

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Didier malaiges nmls#212566
dda mortgage nmls#324329

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what happens to the  property taxes after you purchase your home
do you know about portability if it applies to you
what about the homestead and not forgetting to file for it

how do you learn to research what the new property tax bill will be

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dda mortgage nmls#324239

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is your insurance going up in your escrow account
when buying are you shopping
know to get a 4 pt when shopping
why are the insurance carriers leaving the State of Florida
Are downgrades coming to the insurance companies in Florida
what is going on with all these new roofs

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dda mortgafge nmls#324329

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du/lp the loan when getting a verbal
borrower uploads documents quickly
borrower shops insurance
processor orders appraisal and title
realtor gets home inspection done asap
if an appraisal waiver is granted - take it
if one is needed, order quickly
everyone working together makes a fast closing
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Didier malagies nmls#212566
dda mortgage nmls#324329

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12 months of bank statements to qualify for a mortgage
2 years of being self-employed

no tax returns
no w2s
no 1099's

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dda mortgage nmls#324329

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buyers are having a better chance of getting their home when making an offer
even though rates are higher than what we have experienced there is an answer to what is come
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Didier malagies nmls#212566
dda mortgage nmls#324329

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why did Sprout go out of business?
what did they do that other may have done as well?

need to monitor in the coming months if others fall by the wayside

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didier malagies nmls#212566
dda mortgage nmls#324239

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2 years self-employed
680 min credit score
no cashflow analysis
no debt refi , no equipment

30% of their top line, gross revenue from the last tax returns UP to $150,000

didier malagies nmls#212566
dda mortgage nmls#324329

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