How borrowers structure their loans
Walkthroughs of common scenarios, what the borrower faced, which loan structure fit, and why. Every entry below is a clearly labeled illustrative example, not a real client.
First-Time Buyer in Tampa Uses Down Payment Assistance
She had stable income and solid credit but less than $8,000 in savings, not enough for a down payment plus closing costs on a starter home in the Tampa market.
Read the walkthrough ›Investor Refinances a Dallas Duplex With a DSCR Loan
He wanted to pull equity out of the duplex to fund the down payment on a second rental, but his tax returns showed heavy write-offs that made conventional income qualification difficult.
Read the walkthrough ›1099 Contractor Buys in Phoenix With Bank Statements
Two years of tax returns showed far less income than his actual cash flow, which killed his conventional loan application, the underwriter could only use the after-write-off number.
Read the walkthrough ›Your scenario is next
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