Quote from @Jeff Chisum: If a DSCR originator (keep in mind you don’t need a mortgage license to originate) tells you the loan will not be reported on your personal credit but require you to be a personal guarantor your next request should be; “I want to see in writing it will not be reported on my personal credit”.  

Most brokers set their own origination costs.

Originally posted by @Corey Slaughter:@Steve Sellers Thanks for the information!

Originally posted by @Jay Breitlow:Ethan finding a cleaning crew is PARAMOUNT.  

However, several random websites still have my original listing with the $30,000 price as an active listing and my phone number. 

Don't forget you need the original developer's permission to conduct structural changes to the villa inside and out.

I am originally from the Hazleton Area (this spelling is the actual spelling, as the founders misspelled it). 

So we all donated our time and we each put in the original seed money .

@Glenn N.As mentioned this makes no sense and you as the lender would never change the name of your company because of thisThe loan is still in the original entity and the loan docs should have default provisions if you used a legitimate attorney to create them

If I was the originator on this loan (loan officer, lender, or whatever title is used), I would have made this restriction very clear to my borrower if they had explained that they wanted to eventually use the property as a rental.