Do you guys run a credit and background check on every applicant?  

Just got word that the City Council is considering an ordinance that would make it unlawful or discrimination to exclude section 8 applicants from the application process.  

As I'm progressing toward my goal of building enough passive income through buying and holding small multi-family properties in the Duluth, MN area to replace my income, I came to the realization that this is actually a possible goal.

After several weeks, the loan was denied for rentals and I objected saying that they were clearly declared in the application and if that was an issue, the loan should have been denied IMMEDIATELY, not three weeks later!

Hi @Jonathan Desjardin,If you went from self employed to W2, the two year average thing shouldn't be applicable to you, and you shouldn't need a HML, unless I am missing something? 

Hope this helps and keep us posted on your progress

@Jeff Hamlin congrats and keep us posted on your progress

No, I'm not a millionaire (but comfortable... work in progress) and nope not a guru either.

I was interested in the Mastery program, at first, and went forward with the application and the interview. 

It may also be used by some lenders for other credit product application evaluations (such as credit cards, personal loans, retail credit, student loans, etc.)."