Had a client a while back who thought seller financing was the answer, but the contract had a balloon payment buried in the fine print—caught it just ...
Honestly, you'd be surprised what gets flagged. Even with stellar credit, underwriters are trained to question anything out of the ordinary—it's less ...
Couldn’t agree more. I’ve seen folks get tripped up by tiny old debts or weird credit quirks that could’ve been caught early. It’s like waiting for th...
It’s wild how much scrutiny even small transactions can get. I’ve seen underwriters ask for explanations on $30 transfers—just depends on the lender a...
Honestly, I’ve seen some of those “mystery fees” pop up too, and you’re right—they can sneak up on you if you’re not paying attention. I always tell f...
I’ve seen a lot of folks get tripped up by thinking prequalification locks them in, but it really doesn’t. Had a client last year who shopped around w...
I hear you on prioritizing the big-ticket items, but I’d push back a bit on the idea that “creaky floors and old windows aren’t always red flags.” In ...
I get where you’re coming from—it can feel a bit over the top when underwriters flag every little thing. I remember working with a client who had to e...
That’s a fair observation—there really is more flexibility than most people expect, especially with processing or admin fees. I do want to add, though...
Couldn't agree more with this approach. A few years back, I thought I'd save some money by handling my rental property's taxes myself—seemed straightf...
Totally agree—I've seen this happen more times than I'd like. Appraisals can be tricky, especially if you're relying on online estimates or recent nei...
Good point about visuals—I've seen lenders relax a bit when they have clear data in front of them. But honestly, even with solid explanations, some le...
This is such an accurate description—I see this scenario play out often. From my experience, lenders do appreciate seeing liquidity, especially after ...
That's a valid concern. In my experience, refinancing can indeed be beneficial, but it's not always the best solution for everyone. I've seen situatio...
You're definitely not alone in this—I've seen plenty of folks underestimate the complexity around home equity and taxes. Even as someone who deals wit...