Tap Into A Growing Market Share Of Underserved Borrowers With Newrezs Smart Series
Summary
A non-QM path can open up his opportunities – he will be able to use his bank statements and 1099s as part of alternative documentation, scale his loan payments with his income using flexible terms, and already come in with the understanding that his debt-to-income ratios are temporarily higher as he transitions into being a full-time gig worker and freelancer. In March she needed an emergency root canal, which she opened a new credit card account for, and in April her job cut her hours back to half. SmartEdge has its advantages, like SmartSelf: Scott owns a few rental properties in Phoenix, Arizona and a company that creates investment software. His company has been growing exponentially the last few years – he wants to abandon his pricey landlord/tenant lease in an office building and purchase a property closer to the suburbs where he and his employees live. From here, it’s up to us, as mortgage professionals, to serve more borrowers with home loans that meet their needs and continue paving the way for them to achieve their homeownership dreams.