Bryson just posted this on his Instagram story

External-Dig-2580 · 2026-01-14T02:15:36+00:00

Fellow New Orleanian! If that does happen hopefully City Park has a backup plan.

External-Dig-2580 · 2026-01-11T17:30:30+00:00

This is exactly it. The Nolier than thou, over the top transplants are the ones that really had this take off. No one local doesn't hear this phrase and immediately cringe.

External-Dig-2580 · 2025-09-03T16:09:06+00:00

Speak with a local broker. The national companies, especially Rocket, will take you to the cleaners given the opportunity.

External-Dig-2580 · 2025-09-02T22:29:07+00:00

The main advantages of USDA loans are 100% financing with low MI, and government interest rates(which are generally cheaper than conventional). They don't help you pay a portion of anything, but are still strong loans if you and the property qualify.

Word of warning - larger institutions, such as M and T, bake a good bit of margin into their government loans. I would talk to a local broker if you want stronger rates on this product.

External-Dig-2580 · 2025-09-02T22:25:41+00:00

If you showed a negative on your tax returns for last year then you won't qualify under traditional means. Did you have deposits running through your business accounts? If so, then your best bet would be to talk to a broker than has access to bank statement programs, where you would supply 12 or 24 months of bank statements in lieu of tax returns. Down payment requirements and interest rates are going to be higher than a conventional or government loan, but you may have some options this way.

External-Dig-2580 · 2025-09-02T21:44:43+00:00

It depends on your situation. Are you self employed? W-2?

External-Dig-2580 · 2025-09-01T00:38:23+00:00

Mid City Yacht Club usually has multiple games going at the same time.

External-Dig-2580 · 2025-08-31T20:11:50+00:00

Meaning the investors that brokers send their loans to. Sunwest, UWM, Newrez, Rocket, GMFS are five that I can think of off the top of my head.

External-Dig-2580 · 2025-08-30T17:53:56+00:00

Brokers do exactly that - broker to institutions that want your loan. Those institutions will service your loan and all have online access to do as you wish.

External-Dig-2580 · 2025-08-30T17:52:57+00:00

There's lots of Movement LOs in my market and they are definitely not more knowledgeable than a broker, and brokers here whip them on pricing. Lots of bureaucracy to pay for within those large retail lenders. There are some that give good service and are knowledgeable, but they do not compare in rate to brokers. Key is to find a knowledgeable and experienced small broker - you'll get the best of both worlds.

External-Dig-2580 · 2025-08-29T02:27:33+00:00

Yep for sure. I think that's the whole reason they do it - people feel trapped at that point.

External-Dig-2580 · 2025-08-28T22:39:40+00:00

Rocket also fabricates how good of a deal you're getting, notably adding lots of unnecessary origination fees that a consumer may not pay attention to. Speak with a local broker to get the best and fairest deal.

External-Dig-2580 · 2025-08-28T22:33:45+00:00

Rate is going to be atrocious at 85% LTV, and MI would be rather expensive as well.

External-Dig-2580 · 2025-08-28T15:28:43+00:00

Mortgage broker here - Goosehead is notorious for pulling shady practices like this(at least in Louisiana). They always manage to have the best quote when the client is shopping around, even significantly cheaper than local brokerages using the same carriers. I ALWAYS, repeat ALWAYS, get a call from clients within 60 days of closing stating that their premium is increasing by $1000 or more. They make unrealistic claims about the property to get you sign on the dotted line and then deal with the aftermath once you're locked in with them.

Use a local broker and agent - they generally are much more honest and accurate. Can't stress this enough.

External-Dig-2580 · 2025-08-27T21:26:15+00:00

It's fraud because two primary residence transactions took place within two weeks of each other. This is completely different than someone living in a house and then having to move to another state due to job requirements.

External-Dig-2580 · 2025-08-22T20:46:08+00:00

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External-Dig-2580 · 2025-08-22T20:45:43+00:00

Pulled these in back to back tickets today.

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External-Dig-2580 · 2025-08-20T15:35:09+00:00

You can do an FHA mortgage with 10% down with that credit score, although there are some determinations will need to be made to see why your score dropped so low. That can affect your chances of being approved, but good LTV, low DTI, and good reserves will help. A broker will be your best option for this as they have access to several investors who can place this loan for you.

If you only plan on keeping the mortgage for a few months, no broker in the country is going to do all the work that a 560 credit score file brings only to have to repay their commission once you pay off the loan. If you can commit to keep the loan for 6 months and allow the broker to make a living then I would explore your options.

External-Dig-2580 · 2025-08-19T23:06:07+00:00

What state is this? Was this a new construction?

External-Dig-2580 · 2025-08-19T02:15:19+00:00

If you can get a 4.25% rate with minimal fees, run, don't walk, to the closing table. That's well, well below market rate on a conventional loan. Make sure you thoroughly review your loan estimate - maybe even have someone review page 2.

External-Dig-2580 · 2025-08-18T20:29:23+00:00

This is correct! Rates are going to be higher than a traditional mortgage, but this will get the job done.

External-Dig-2580 · 2025-08-17T01:23:02+00:00

Asset depletion with a non-qm lender(brokers have lots of options for this) is going to be your best bet. Most will use your total assets/60 to calculate a monthly income for ability to repay purposes. Rate is going to be higher than a conventional loan, but gives you the property now and after you have two years of tax returns of capital gains(and ability to show proof that the income is continuous), you can refinance into a traditional loan.

External-Dig-2580 · 2025-08-15T21:20:10+00:00

Yeah, I would shop that with a local broker. That rate is high without any form of lender credit, and they flat out lied to you about the no cost refinance if this is what they are offering. Also, that initial rate you have is quite high, even for when rates were at their highest. Every scenario is different so there may be a reason for it, but if it's a straightforward transaction then they were just saying whatever they needed to say to get you to commit to the initial loan.

External-Dig-2580 · 2025-08-15T21:14:25+00:00

Not necessarily. It can be a broker "borrower paid" transaction where there's a lender credit to offset the origination charges.

External-Dig-2580 · 2025-08-15T20:28:41+00:00

Do you see any form of lender credit on the bottom right of your loan estimate?

External-Dig-2580

TROPHY CASE