Utilize Technology To Close Loans Faster and Ensure Perfect 1003's

Why would you send your borrower to an online application that requires you another post application interview with them? Then you must hope you "dig in" and ask all other questions that don't live in your 1003 and then remember what is now needed for your loan. PerfectLO fool proofs the process, so that you don' make mistakes and forget to ask them anything. I can promise you that your underwriter will remind you of each and every one you forgot. Also, that your loan is incomplete, inaccurate and that you don't know...We will get you off on the "right" foot. Now you you need to go back to the borrower and the back and forth begins as does the the painful slow downs. You now need to reach

AIRBNB=TNT?!#

How do you like your eggs? The words "Bed and Breakfast" do not conform nor are they acceptable words for most of your gov't and conventional underwriters. Yes, we all know that it's more than likely just a vacation home that is rented a small portion of the year to help offset the costs or perhaps like most the owners vacate when they land a "renter" for the week. However, it can potentially cause your deal to "blow up" in underwriting. So take this with a big ol' bag of explosives and expletive’s and ask your underwriter if he or she will deny the property regardless of the need to use the "rental income" or if it's dead on arrival regardless. If you search the web for "Fannie Mae and A

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3612 Lafayette Rd. Ste 12  Portsmouth, NH  03801
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