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Updated 5 months ago on . Most recent reply

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Lisa Fortune
  • San Diego, Ca
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Chris Seveney
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  • Virginia
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Lisa Fortune

Clayton hit the nail on the head. We have an in house risk assessment system that includes credit, property value and other factors to score a loan. But what type of loan

A PML typically doesn’t do owner occupied

For OO, banks right to government standards so they can sell the loans to the government

A private money lender underwrites to their or if they have a line from a lender will underwrite to their covenants

  • Chris Seveney
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