It's not really possible to do accurate solid rate quotes until all paperwork is in-hand and the LO pitches it to the different non-qm investors; each one has a half dozen different mortgage products with their own 100 pages of guidelines... it's not like the Fannie/Freddie stuff where we all have it mostly memorized.And these aren't "subprime," if anything they are actually more time-intensive to close than a vanilla Fannie loan.

Here's a good resource on that: https://www.debt.org/credit/lo...I made some changes to what I think is the most important part of this article:The good part of receiving a loan from a friend or family member is that the family member you borrow from likely to be flexible about the amount borrowed and payment arrangements.

Either your LO is incompetent, or the lender is pulling a bait and switch, either way that's not cool. 

If you were to get caught in mortgage fraud, along with your broker or LO, you could be liable for major fines and even jail time... not worth it.

Would love to send you my presentation on the VA L-o-a-n (BP blocks certain words)… I also run an IG page focused on real estate / finances tailored toward providing education to veterans if you are interested in following!  

BBB is pay to play, just like Yelp.If that LO made a move, it was probably for a reason.

If you want to chat with other LO's in AZ, DM me and I can connect you with a couple.

Then, lo and behold, I attend the workshop (presented by Doug Clark) only to learn that the workshop alone will NOT give us a mentor, all of the tools provided, and research done for us.

Hi @Monica Lo, I'm an attorney in CA and an investor.

Large private lo How did you finance this deal?