Tag Archive for: residential lending guidelines

When Rich Borrowers Can’t Get Loans; “Salability” Once Again

SUCCESSFUL COMMERCIAL LOAN OFFICER DOESN’T UNDERSTAND RESIDENTIAL LENDING We recently had a very successful commercial banker apply for low down payment financing b/c he wanted to preserve his cash for improvements and other projects. He, however, had side businesses with losses on his tax returns, he wanted to use a business bank account for his […]Read More