Financing provided through this program is only available for properties located in Michigan or Florida.Available Product Type: SOFR 7/6 ARM, SOFR 10/6 ARMLoan Amount: $766,550 MaximumLTV: Purchase and No Cash Out Refinance - Maximum 99%Prepayment Penalty: NoneLoan Assumption: NoneEligible Properties: 1-unit dwellings, attached and detached condominiums, PUDsEscrow: An escrow account must be established for property taxes, and flood insurance, if requiredUnderwritingNo Private Mortgage InsuranceOccupancy – Primary residencesMinimum Credit Score - 700DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)Student Loans – If in deferment, no qualifying payment requiredDown payment of 1% must be borrower’s own funds, while closing costs and prepaids may be gift fundsAttached condominiums require a 10% down paymentEligible Borrowers – Protect and serve heroes are defined as employees of public or private education institutions, employees of medical and healthcare organizations, all first responders, and active or former military personnel.Servicing: Retained

I think a post on unique ways to obtain PML would be beneficial!

Recently after some medical issues(I’m all good now) I’ve exhausted all my reserve funds and have 50k in high interest debt.

My somewhat unique situation is that I have low reported income due to the structure of my investment accounts, yet I have access to meaningful capital.

Does the parcel have unique and challenging characteristics?

Any thought on this very unique situation?

What is uniquely complicated about our real estate transactions to justify the higher commissions?

Professional staging, virtual tours, and high-quality photos can help them envision how the space fits their lifestyle, whether it’s for entertaining, work, or family.To overcome the “biggest house in the neighborhood” concern, shift the focus to its uniqueness and lifestyle potential.

It's decreasing as time goes on, and the sell side is too stubborn to acknowledge it.So patience is my creativity, and uniqueness.

With so many banks to choose from and me already doing thorough research, I was hoping someone had a personal good experience with a certain bank or an individual at a bank who understands our world.I’d recommend looking for local or regional banks that have experience working with investors—they often understand the unique needs of real estate investing.