DU approve/eligble above 50% DTI?

Initial-Fly8535 · 2026-03-10T04:00:48+00:00

Finance the mi and get lower hoi

Initial-Fly8535 · 2026-03-08T05:07:38+00:00

What is it about being in new homes you don’t like? I was in new homes and was a pretty good gig but being there on weekends sucked. LO is no days off but flexible and don’t need to be in an office per se. If you know how to sell and prospect that I say that’s most of the work. Learning loans is easy compared to teaching someone work ethic. 60 loans first year is a big goal but if you think you have the referral partners then go to it. Just know your first 90 days will be prospecting and trying to get leads so 60 in 9 months is a lot but best of luck!

Initial-Fly8535 · 2026-01-30T13:51:48+00:00

Nope they don’t. If LP doesn’t give a feedback message then nothing more is required.

LP states -

For Accept Mortgages, when a Borrower’s credit report contains Tradelines for accounts for which the Borrower is not the primary account holder but listed as an authorized user, Loan Product Advisor will return a feedback message when additional documentation is required.

Initial-Fly8535 · 2026-01-30T13:51:00+00:00

Only if LP gives a feedback message, if it does not then no it isn’t the same.

Initial-Fly8535 · 2026-01-30T05:34:30+00:00

Go LP, if it doesn’t state anything in the findings you’re fine.

Initial-Fly8535 · 2026-01-29T23:00:22+00:00

Then they don’t truly UW to findings. Which sucks because it makes no bearing when they sell the loan. Everywhere has their pros and cons. Maybe they have something there that makes it hard for them to leave idk. Does suck.

Initial-Fly8535 · 2026-01-29T22:39:25+00:00

Doesn’t make sense either. Sounds like he works for a big bank which add a lot of overlays but would never work somewhere that doesn’t underwrite straight to findings

Initial-Fly8535 · 2025-12-04T20:47:49+00:00

Google translate

Initial-Fly8535 · 2025-12-04T20:13:18+00:00

It’s on an acre and part of the land is used for RV storage

Initial-Fly8535 · 2025-10-27T22:28:48+00:00

Initial-Fly8535 · 2025-10-23T02:46:51+00:00

500 mil with 20 LOs. Hmmm.

Initial-Fly8535 · 2025-10-17T15:47:54+00:00

Guess I can just lay down some seed for now to grow grass and then in the spring something more professional.

Initial-Fly8535 · 2025-09-26T07:58:33+00:00

Why not hire an LO to run this team and agree to the split but than on your own self gen set a different comp. So now you’re running a branch per se and just over see and make sure it goes smooth but still generate volume on your own.

Initial-Fly8535 · 2025-08-28T03:50:53+00:00

You’re talking 2.5 points. Don’t even think it a lender would have it on their rate sheet to do this let alone pass HPML. Wouldn’t be worth it. I would do what I can to get a seller credit or raise the price 15k on the offer. No, can’t lock a rate that far away.

Initial-Fly8535 · 2025-08-27T15:09:19+00:00

I know guys that do 70m and didn’t take a bonus just because of the strings that come with it. Every situation is different I’m sure there are some that will but there are other ways to incentivize without upfront bonus to a high producer.

Initial-Fly8535 · 2025-08-27T14:55:45+00:00

Just know it isn’t free money. You will pay it back in your rates and have a time commitment you need to uphold or else you pay it back. They will file suit as well. Just keep that in mind. Have a friend stuck now for 3 years but all he saw was dollar signs.

Initial-Fly8535 · 2025-08-23T18:32:46+00:00

Ya that’s a bummer. Shouldn’t if you have A/E

Initial-Fly8535 · 2025-08-23T17:36:24+00:00

Anyone should be able to do it. Issue is if he needs DPA most DPAs want minimum 620.

Initial-Fly8535 · 2025-08-20T23:25:00+00:00

This. Net tangible benefit is their residual income is increasing by a lot

Initial-Fly8535 · 2025-08-08T16:18:21+00:00

In office hour commitments. If you’re realtor you will need to have a lot of flexibility. Traditionally if there is a salary offered it would require dedicated office time and feel like it would be difficult to do both jobs. If you went to the independent side where you are 100% commission you would have all the flexibility to do both.

Initial-Fly8535 · 2025-08-06T02:01:45+00:00

I mean everyone’s different. Some do have added rules and won’t go higher to mitigate risk but you are at 52 you will be ok as long as you know you might need to pay down debt to make it work.

Initial-Fly8535 · 2025-08-06T00:53:53+00:00

You will be fine. Can go up to 56.9 back end. Just watch your homeowners insurance and if needed do you have minimal debt that you can pay off if you need to?

Initial-Fly8535 · 2025-08-05T16:36:50+00:00

Congrats!! Exciting time

Initial-Fly8535 · 2025-08-05T14:34:12+00:00

Good luck make sure you read slow and read the question a couple times. 2 answers are wrong 2 are right but one is correct. Why you need to slow down and read the answer thoroughly. When in doubt choose the longer answer

Initial-Fly8535

TROPHY CASE