There are a lot of government programs to help people to get into $100k homes.  

Hello looking to break into the US market in 2024. 

Appraisal transfers are pretty easy with the program I've got in mind.

These systems allow you to program which fuel source to use based on efficiency, automatically switching to the other source when needed.

There are definitely pros and cons to each so I figured I would just lay out a few benefits and personal thoughts: Small banks/brokerages:Pros:- Some regional knowledge of the market- Possibility of more creative lending guidelines with bank specific programs- Sometimes they have competitive rates for their areaCons: - weak balance sheet (more strict on some guidelines, no wiggle room, inability to be flexible or grant exceptions because they cannot afford to hold less than perfect loans)- Can't scale with clients to different markets- Usually limits exposure to individual investors (they don't want one investor to be too big of a portion of their balance sheet)- Lack of experience with multiple solutions (tend to have 2 or 3 loan products they sell and are too niche to provide tailored solutions)Large banks/brokerages:Pros:- Large compliance departments that understand individual market guidelines (typically each state has specific lending guidelines that augment the national baseline)- Ability to scale into multiple markets with same lender (licensed in many states)- Impossible for individual investors to "outgrow" a large bank's balance sheet (not concerned with one investor's concentration)- More lending solutions available for different scenarios- Often comparable or better rates given the game is volume basedCons:- Can be more difficult to get fast responses if the bank/brokerage does not have good follow up systems in place (or if the underwriting/processing staff gets overwhelmed)- Bad large banks can feel less like a relationship and more like a cog in a factory (less personal)Overall, I have worked from both and worked with both as a loan officer, branch manager, and as an investor/client myself. 

If you're custom building $100,000,000 in Palm Beach and that is their bread and butter market, they'll probably do what they can to make it right.

Purchase price: $1,410,000 Cash invested: $282,000 16 unit major value add off market multifamily apartment purchased in June 2022 without any investors or outside capital.

So the only money a lender makes is the fees and origination.Civic should you what happens when lenders try to sit on their own notes - when the market slipped and their loans started defaulting they went under.Now, sometimes a broker has a corresponding lender agreement with a lender which means that all the broker fees are white labeled into the HUD and grouped with the lenders and now you can't tell what fees are the lenders and which are the brokers.

Hi Allan,The housing market appears strong currently.

When the market was a little hotter in the recent past, a lot of listing agents in my area would shun or downplay offers that came with financing from credit unions or "too big to fail" banks.