Investor Mortgage Report 3 30 2020


Investor mortgage report

Investor Mortgage Report



What We Know:

Conventional mortgage lenders are clamping down on investors in a couple ways. (This applies to homes investors are buying for themselves (to live in) and the ones they are renting out.)


  1. Lenders are requiring between 6 and 12 months of reserves for EACH property.
  2. In some cases, lenders are not allowing rental property income to qualify for a mortgage.


Let’s all hope this changes soon. However, the reality is that investor loans make up only a small percentage of lenders’ volume and they don’t want to take on the extra risk of renters not making payments unless the borrower (you) can afford to carry it for 6 to 12 months.


What We’re Doing

Private money and subject to’s might be the wave of the foreseeable future. That’s why we are working hard on plans to help you expand this area of your business.


This is how we make our living, so we all need to figure out a way through this. Not only a way through, but a way to come out stronger and ready to dominate the next real estate market—whatever that is.


Stay tuned! Hopefully we have hit the peak of this craziness and can soon we can report good news on the easing of money for the investor world.