There are some products out there that will go to 80 CLTV but pricing will be much better at 75%.

There is a price discount, and your sales rep will inform you of "specials" on products you may be interested in from time to time.

The relationships to bring the product to market or to a distributor.

Even worse, they still haven't syndicated the listing on crucial platforms like realtor.com and Redfin.The process for reviewing applications is painfully slow.

It was admittedly somewhat of a frustrating process and I got the impression that lenders purposefully make it challenging to remove and do the bare minimum to meet the federal guidelines for removal (very slow responses to PMI removal inquiries requiring multiple follow ups, incomplete or missing information on the process of removal or borrower rights, calculating LTV incorrectly, etc, etc).

There were also pre-payment penalties that were associated with that loan product.

I'd first slow down and develop some sort of subject matter expertise.

It's not for a lack of trying.I've asked him to try working some other channels to see what we can put together for you.Sorry for any slow communication; it's a crazy time in the markets and the low/tight inventory has made it rather challenging for everyone in the industry.I'll follow up with Micheal more tomorrow.Feel free to contact me anytime!

I'm glad you two were able to connect.Although we have a pool of conventional and portfolio lenders, the challenge today is there are not a lot of "stated income" loan products.  

There are way to many PM's not getting properties rented and they are staying vacant, there is also way to many rentals being rented less than market rent to get a "quick tenant" causing investors to lose money, you will also need that PM to be completely productive and quick to the applicants and also not trying to incentivize off of your property needing repairs.