When you buy a note at a discount the interest rate stated in the note is not relevant to the note holder as mush as the computed interest rate earned on the purchase price.

The equity comps also show highly inflated adjustments, but then to that he said "there is nothing on the computer I can edit for equity".

Shut my computer & rest as my husband keeps telling me in last few days cause I am sick, fever & sore throat knock me down but I could not hand off my computer & stop digging on MLS for a good deal.I won't give up & I refuse to give up, I will crack the code & find a way that will work.

Use a credit untion or mortgage broker to help find you the best program for youI always ask the lender for a copy of what's called the DU which stands for desktop underwriter which I include in all my offers. 

Many years ago I was the owner and operator of a computer repair business that was based out of my home and car.

When I get back to my home computer I will get online and see if you're available for a chat 

I assume the credit underwriting you do is with insurance risks, I'd agree.You can check fannie mae underwriting, if a credit card has a zero balance, and that account is still open, half the high credit amount that had been used is used to compute debt ratios.

___Originally posted by @Bill Gulley: I assume the credit underwriting you do is with insurance risks, I'd agree.You can check fannie mae underwriting, if a credit card has a zero balance, and that account is still open, half the high credit amount that had been used is used to compute debt ratios.

He also has in the office 4 computer screens and multiple computers running 24\7 for his business.  

For new rentals, lenders compute the net rental income using:  net rental income = (rent * 75%) - PITI.