After waiting 3 months for a loan, a local woman puts a message out on Facebook about finding a good lender. My assistant is friends with her and responded right away that she works for the “smartest lender ever in her 35 year in the business.” Ah, shucks. …
This client is a CPA, but has partial ownership in a huge apartment building, and has note income (very fancy tax returns). The old lender was counting the $2 million loan on the 60 unit apartment building against them. Of course, if you do that, they won’t qualify… Well, we don’t use stifling rules; we understand and defend our clients to get them the loan they need and deserve. This CPA is now one of our greatest cheerleaders because we met December 17th and closed January 8th, improving his cash flow so that he can afford college for his son.
