Why Real Estate Investors Could Be One of Your Best Sources of Repeat Mortgage Business
For loan originators looking to build a more consistent pipeline, real estate investors represent an opportunity worth paying attention to. Unlike a traditional homebuyer who may purchase a home and remain there for years, an active investor may purchase, refinance, renovate, sell, and acquire additional properties on an ongoing basis. That creates something every mortgage professional wants: the potential for repeat business. Investor Lending Is Becoming a Bigger Part of the Mortgage ConversationInvestor financing, particularly Debt Service Coverage Ratio loans, has continued to gain attention across the mortgage industry. National Mortgage Professional recently reported that DSCR lending has evolved from…
