Did you commit mortgage fraud?

Becoming a mortgage lender is appealing to me and seems like it could be a good fit for my skill set (i.e. detail oriented, wanting to help people, enjoying working with numbers).For the mortgage lenders out there, what do you love most about your job and what maybe isn't so great about the role?

-The home is owned outright (no mortgage) and my friend is single, middle-aged, and has no children.

Mortgage rates have been dropping back down since December and they will continue to trend down this year.

Then using our first home as a sober living using rent to pay the first mortgage.

Probably easier and much cheaper

I’m still coming out of pocket $115 per month to cover the mortgage and condo fee, not including extra maintenance and issues down the line.

The title company will calculate what's owned to the seller and pay off the lien when you go to sell, again, just like a bank mortgage would be paid off in a normal sale.I would recommend two contracts for the two properties. 

You cannot do a recourse loan. 99.8% of DSCR lenders are full recourse as they rely on the person's mortgage middle FICO for pricing the loan as well as location, property type, LTV, DSCR ratio, experience...

We are a mortgage broker located in Bellevue WA.