When Ziv applied for a cash-out refinance on Loan 1275, he expected the newly released funds to count toward his liquidity requirements. After all, wasn’t…
Property Address: XXXX, Jacksonville, FL 32254Loan Type: DSCR (Debt-Service Coverage Ratio)Insurance Concern: Borrower questioned high insurance premiumClarification: The lender does not control the insurance rate…
When it comes to DSCR (Debt-Service Coverage Ratio) loans, investors often assume that entity ownership is a formality. But Loan 1366 an investment loan application…
What happens when a structural issue shows up during underwriting? For borrower Chen, a termite discovery nearly derailed a time-sensitive purchase loan in North Carolina.…
Loan Type: DSCR Refinance Situation OverviewDuring the final stages of underwriting, the lender required $500,000 liability coverage on each property’s insurance policy. This triggered a…
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