Mortgage Guide

E063: Buy and Hold VS Fix and Flip

Adam Lesner — Tue, 05 Aug 2025 17:39:58 +0000

In just 6 minutes, we break down the pros and cons of flipping vs. holding a mortgaged property in today's market.

With rising rates, shifting buyer demand, and tighter lending conditions—what's the smarter move in 2025?

Get a quick, no-fluff analysis to help guide your next real estate decision.

*Recorded LIVE on TikTok* follow @mortgagebyadam on tiktok and youtube

Schedule a call with me here: https://calendly.com/lesnerap63/30min

E062: How To Refinance A Mortgage With Bad Credit

Adam Lesner — Fri, 04 Apr 2025 15:50:30 +0000

In this episode, we break down how refinancing a mortgage is still possible, even with bad credit.

If you think low credit scores rule out refinancing, think again.

We'll explore practical tips, alternative options, and expert advice to help you understand how to improve your chances and navigate the process successfully.

Tune in to learn how you can still take control of your mortgage, regardless of your credit history.

Schedule a call with me here: https://calendly.com/lesnerap63/30min

E061: What Are Rental Portfolio Loans?

Adam Lesner — Tue, 11 Mar 2025 17:57:28 +0000

In this episode, we dive into the world of rental portfolio loans, exploring what they are and how they can benefit real estate investors.

A rental portfolio loan allows property owners to consolidate multiple rental properties under one loan, making it easier to manage and potentially offering better terms.

We’ll discuss how this type of financing can save time, reduce paperwork, and streamline cash flow management.

Whether you're looking to expand your property holdings or simply simplify your investment strategy, this podcast is packed with insights to help you maximize your returns and navigate the world of rental property financing with confidence.

Tune in for expert tips and practical advice on making rental portfolio loans work for you!

Schedule a call with Adam Lesner anytime here: https://calendly.com/lesnerap63/30min

E060: DSCR Loans Explained — “TikTok LIVE” Ep. 5

Adam Lesner — Tue, 11 Feb 2025 16:15:31 +0000

In this TikTok Livestream recap, we dive deep into DSCR loans—explaining how they work, who they’re for, and why they’re a game-changer for real estate investors looking for hassle-free financing.

E059: DSCR Loan — Mortgage Without Tax Returns – ‘TikTok LIVE’ Ep. 4

Adam Lesner — Tue, 04 Feb 2025 14:04:27 +0000

In this recap of the TikTok Livestream, we explore DSCR loans—no tax returns required.

Learn how this alternative financing option works, who it benefits, and how it can simplify the funding process for real estate investors.

E058: DSCR Loan – No Tax Returns – ‘TikTok LIVE’ Ep. 3

Adam Lesner — Tue, 03 Dec 2024 13:45:36 +0000

Getting a DSCR loan as a real estate investor without tax returns is a great way to accomplish your investment goals, if you have been told that you do not qualify for a mortgage because of your income situation.

Schedule a call here: https://calendly.com/lesnerap63/30min

If you want to be a part of the next live, please feel free to follow me on tiktok, just search mortgagebyadam or Adam Lesner.

My goal is to help you accomplish your homeownership and real estate investment goals. My oxygen is getting borrowers approved when other lenders say it's not possible.

More on DSCR loans here: https://balanceprocess.com/dscr-cash-out-refinance/ https://balanceprocess.com/dscr-loan-program/

E057: DSCR Loan (Do You Qualify?) ‘TikTok LIVE’ (Ep. 2)

Adam Lesner — Fri, 25 Oct 2024 12:45:12 +0000

Covering everything you need to know about DSCR loans. You're welcome to schedule a call anytime here: https://calendly.com/lesnerap63/30min

More on DSCR loans here: https://BalanceProcess.com/dscr-loan-program/

Be sure to subscribe and follow on tiktok ‎@MortgagebyAdam so you can be a part of the lives in the future.

Semper Fidelis

E056: No Tax Return Mortgage ‘TikTok LIVE’ Q&A (Ep. 1)

Adam Lesner — Wed, 16 Oct 2024 13:07:50 +0000

Today's recap on everything you need to know about getting a no tax return mortgage via DSCR loan or bank statement loan.

Schedule a call with me directly here: https://calendly.com/lesnerap63/30min

If you want to be a part of the next live be sure to follow @mortgagebyadam on tiktok

More on no tax return mortgage loans here: https://balanceprocess.com/mortgage-without-2-years-tax-returns/

Subscribe on youtube: https://youtu.be/0O7yQ7hiUUk

Semper Fidelis

E055: Mortgage without 2 years tax returns – 6 Options

Adam Lesner — Mon, 20 May 2024 11:49:09 +0000

Today we go deep into the 6 best options available if you're looking to get approved for a mortgage without having to provide 2 years of tax returns. Everything I covered here: https://balanceprocess.com/mortgage-without-2-years-tax-returns/

Subscribe on youtube here: https://youtu.be/0O7yQ7hiUUk

E054: DSCR Cash Out Refinance

Adam Lesner — Wed, 10 Apr 2024 11:19:36 +0000

Today we cover the 5 most important things you need to know about getting a cash out refinance with a DSCR loan. Everything I covered here: https://balanceprocess.com/dscr-cash-out-refinance/

Full video here: https://youtu.be/QZ1NmIZoWAQ

E053: Easy to Use Tenant Management Software

Adam Lesner — Sat, 13 Jan 2024 17:23:09 +0000

In today's episode we cover the ultimate tenant management software with the co-founder and CEO of Lendlord, Aviram Shahar.

For access to all the premium features on Lendlord, free for three months, go here: https://lendlord.io/adam-lesner

E052: Real Estate Deal Analyzer – Ultimate Guide

Adam Lesner — Fri, 24 Nov 2023 02:00:41 +0000

Analyzing a real estate investment deal. Premium LendLord features: https://lendlord.io/adam-lesner-us

Everything I covered here: https://balanceprocess.com/real-estate-deal-analyzer/

E051: Asset Depletion Mortgage – How to Get Approved

Adam Lesner — Tue, 17 Oct 2023 13:27:04 +0000

Today we cover everything you need to know about getting approved for the 2 best asset depletion mortgage loan options available in today's market.

Learn more here: https://balanceprocess.com/asset-depletion-mortgage/

Subscribe on YouTube: https://youtu.be/GaHv05Jcos0

E050: Testimonial – Kind Lending and Floify

Adam Lesner — Tue, 10 Oct 2023 15:07:56 +0000

On today's episode I just wanted to give some love to a couple companies that have made my life and business easier. Kind Lending and Floify.

Grateful for the things that are going right, and grateful for the people who handle their business with care.

E049: FHA Non-Occupant Co-Borrower Loan – What you need to know

Adam Lesner — Thu, 05 Oct 2023 13:47:41 +0000

I'm excited to share our latest in-depth exploration into the world of FHA loans, with a spotlight on the role of non-occupant co-borrowers. This piece dives deep into understanding how you can aid a potential homeowner, even without residing in the property.

In this guide, you'll uncover:

The intricacies of FHA loans
The pivotal role non-occupant co-borrowers play
Best practices and crucial points of consideration

It's an enlightening listen designed for professionals, financial advisors, and anyone keen on real estate intricacies. 🏡

Learn more here: https://balanceprocess.com/fha-non-occupant-co-borrower/

E048: FHA Loan with 500 Credit Score | Getting Approved

Adam Lesner — Wed, 03 May 2023 22:33:20 +0000

In today's episode I cover what you need to keep in mind if you're trying to get an FHA loan and you have 500 credit. Link to everything I covered here: https://balanceprocess.com/fha-loan-with-500-credit-score/

E047: Cash Out Refinance in Texas with Low Credit

Adam Lesner — Wed, 26 Apr 2023 19:44:03 +0000

Today we cover everything you need to know about getting approved for a cash out refinance with bad credit. Everything I covered here: https://balanceprocess.com/cash-out-refinance-in-texas-with-bad-credit/

E046: High Debt to Income Ratio Mortgage

Adam Lesner — Tue, 28 Feb 2023 15:06:26 +0000

When your debt to income ratio is high, it’s important to know what options you have when looking to purchase or refinance your home.

Your options are: FHA Loan, VA Loan, CDFI Loan, Asset Based Mortgage

Today I cover everything you need to know about each option to help you figure out which makes the most sense for you.

Link to everything I covered: https://balanceprocess.com/high-debt-to-income-ratio-mortgage/

E045: How to get approved if self-employed for less than 1 year

Adam Lesner — Tue, 07 Feb 2023 12:31:47 +0000

Today we cover exactly how to get approved for a mortgage if you have been self employed for less than 1 year.

A traditional loan will not be an option if you have been self-employed less than a year.

It will be done on a no income verification loan.

The loan approval is based on credit and assets.

Available on home purchase and refinance.

You’ll need to work with a loan officer that specializes in these non-traditional types of loans.

Here we cover all of the requirements to get approved and tips to get prepared. Link to everything I covered: https://balanceprocess.com/self-employed-less-than-1-year-mortgage/

E044: Getting approved for a No Income Verification Mortgage Loan

Adam Lesner — Wed, 18 Jan 2023 20:06:31 +0000

If you have been told you do not qualify for a mortgage due to your income or employment history, a no income verification mortgage loan is the solution.

These are available for primary residence and 2nd homes, and can be done on a purchase or refinance.

This loan option is for well qualified borrowers with good credit, and strong verifiable assets.

Here is everything you need to know about getting approved for a no income verification mortgage loan. https://balanceprocess.com/no-income-verification-mortgage-loan/

E043: Buying your first investment property with little out of pocket up front

Adam Lesner — Thu, 01 Dec 2022 15:55:08 +0000

Today I met with real estate investor Tyler Atchison, who shares how he got started with investing in rental property as a beginner.

Tyler's story is a perfect example of how anyone with grit and creativity can accomplish their real estate investing goals.

There are so many ways to start investing in rental property for beginners, and I think Tyler's approach is probably one of the most practical and interesting ways to get into the real estate investing world.

Be sure to subscribe to continue to get real world exmples of how to invest in real estate, and how to get approved for a mortgage even when other lenders say it's not possible.

You're welcome to reach out with inquiries anytime here: https://BalanceProcess.com/contact

Subscribe on youtube here: https://youtu.be/mv5oa5PVoQY

E042: 12 Month Bank Statement Mortgage for Self Employed

Adam Lesner — Tue, 29 Nov 2022 19:23:37 +0000

Business owners and 1099 private contractors - Did you know, with a 12 month bank statement mortgage, you can get approved based on average bank deposits, NOT tax returns?

With a 12 month bank statement mortgage, tax returns are not required.

Your income is calculated based on 12 month deposits.

Here is everything you need to know about getting approved for a 12 month bank statement mortgage on a home purchase and refinance.

https://balanceprocess.com/12-month-bank-statement-mortgage/

https://youtu.be/93a4n20r5F8

E041: How to get a VA Loan with Low Credit Score

Adam Lesner — Wed, 07 Sep 2022 15:31:17 +0000

Today we cover what you need to know about getting approved for a VA loan if you have a low credit score. Link to everything I covered: https://balanceprocess.com/va-loan-low-credit-score/

Subscribe on Youtube: https://youtu.be/MWfvcDvp3uI

E040: DSCR Loan Program for real estate investors

Adam Lesner — Fri, 06 May 2022 21:29:48 +0000

How to get approved for a rental property mortgage with no employment history or personal income

With a Debt Service Coverage Ratio (DSCR) loan, there is no verification of personal income.

The approval is done based on property cash flow, not personal income.

You still need to meet credit and asset requirements, but the process is extremely simplified by not having to get tax returns, or any other personal income docs.

These are available on home purchase, rate/term refinance, and cash out refinance.

In today’s post, I cover everything you need to know about getting a DSCR Loan.

Full post here: https://balanceprocess.com/dscr-loan-program/

Full video here: https://youtu.be/5Bvh7fSYyDI

E039: USDA Construction Loan Requirements and How to Get Approved

Adam Lesner — Fri, 11 Mar 2022 20:54:21 +0000

Today we have special guest David Corwin with USDA, here to tell us exactly why a USDA Construction Loan is a great option to consider (instead of buying an existing home) in today's market.

Important links below

USDA Income Limits: https://eligibility.sc.egov.usda.gov/eligibility/incomeEligibilityAction.do?pageAction=state

Property Location Eligibility: https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp

Reach out to connect with a USDA Construction Lender: https://balanceprocess.com/contact

E038: No Tax Return Mortgage | How to Get Approved

Adam Lesner — Wed, 09 Feb 2022 20:27:32 +0000

Reduce documentation and confusion by getting a mortgage without tax returns.

It’s extremely common for lenders to ask for tax returns by default, even if they are not needed.

Today I cover everything you need to know about how to get approved for a home purchase or refinance without providing tax returns.

This is available for wage earners (W2 employees), business owners, and real estate investors.

Learn more here: https://balanceprocess.com/no-tax-return-mortgage/

Subscribe on youtube: https://www.youtube.com/c/MortgagebyAdam

E037: Cash Out Refinance with a 500 Credit Score

Adam Lesner — Thu, 23 Sep 2021 16:36:24 +0000

Here are 3 ways to get approved with credit score in the 500’s. Link to everything I covered here: https://balanceprocess.com/cash-out-refinance-500-credit-score/

Be sure to subscribe to Mortgage by Adam on YouTube

E036: Update – Credit Score Eligibility in DU

Adam Lesner — Thu, 26 Aug 2021 12:03:19 +0000

Effective 9/18/2021 borrowers/co-borrowers will be able to use a combined average of their scores on Desktop Underwriter (DU). Let me know your thoughts on this: adam@balanceprocess.com

E035: FHA W2 Only Program – How to Qualify

Adam Lesner — Tue, 24 Aug 2021 14:38:33 +0000

Tody we cover everything you need to know about getting approved for the FHA W2 Only Program. Here is the link to everythign I covered: https://balanceprocess.com/fha-w2-only-program/

E034: How to Refinance Mortgage Without an Appraisal

Adam Lesner — Wed, 10 Feb 2021 18:45:25 +0000

Today we cover the 3 ways to refinance your home without getting an appraisal. Learn more on everythign I covered here: https://www.balanceprocess.com/refinance-mortgage-without-appraisal/

Check out and subscribe to the YouTube Channel: Portfolio Loan Mortgage Guide

E033: Top Alternative Mortgage for Small Business Owner

Adam Lesner — Wed, 14 Oct 2020 12:23:51 +0000

If you’re a small business owner, and have been told you don’t qualify for a mortgage because of your tax deductions, this episode covers everything you need to know on how to get approved to purchase or refinance a home. We cover everything on getting approved for bank statement mortgage and profit and loss mortgage loan types. Learn more at: https://www.balanceprocess.com/mortgage-for-small-business-owner/

E032: Mortgage on Quarantine | What is happening?

Adam Lesner — Wed, 15 Apr 2020 18:53:56 +0000

The stimulus checks are trickling in, but for many people that will not be enough to survive as the economy remains on pause. Today I cover my persective on what is happening in the mortgage world during this pandemic, what needs to happen to recover, and what products are still available today. References and links to everything I covered here: https://www.balanceprocess.com/coronavirus-mortgage-market-current-situation/

E031: AirBnB Refinance – Short Term Rental Refi for Investors

Adam Lesner — Thu, 13 Feb 2020 15:14:48 +0000

Most lenders aren’t a huge fan of considering a refinance on a short term rental. The potential risk of not having a long term lease on the property makes them nervous.

Now investors can get approved to refinance if they can show 12 months history to support that their short term rental out performs long term rentals in their respective market.

In today’s post I cover everything investors need to know about getting approved on this type of mortgage.

Bonus: tax returns are not required on this product.

Learn More here: https://www.balanceprocess.com/airbnb-refinance-short-term-rental-mortgage/

E030: Land Contract Cash Out Refinance – How To

Adam Lesner — Thu, 24 Oct 2019 12:47:12 +0000

Happy to share with you some interesting tips on how to successfully complete a cash out refinance on a land contract. Here is a link to everything that I covered: https://www.balanceprocess.com/cash-out-refinance-land-contract/

E029: Mortgage with 580 Credit Score | 3 Ways to Get Approved

Adam Lesner — Fri, 04 Oct 2019 14:06:02 +0000

Everything you need to know about getting approved for a mortgage with 580 credit score on FHA, VA, and non-QM mortgage. Home purchase, refinance, and cash out refinance. Here is the link to everything I covered: https://www.balanceprocess.com/mortgage-with-580-credit-score/

E028: Non-QM Mortgage – The Perfect Solution

Adam Lesner — Thu, 20 Jun 2019 12:08:16 +0000

A non-QM mortgage is a home loan that will likely be your solution for financing if you don’t meet traditional lending guidelines. Perfect for: bad credit, unique income, unique property type, and foreign nationals. Link to everything I covered: https://www.balanceprocess.com/what-is-a-non-qm-mortgage/

Feel free to send inquiries to me at adam@balanceprocess.com

E027: Best Mortgage for Bad Credit

Adam Lesner — Thu, 06 Jun 2019 13:54:49 +0000

Everything you need to know about the best mortgages available on the market if you have bad credit. Link to everything I covered: https://www.balanceprocess.com/best-mortgage-for-bad-credit/

E026: Best Home Loans for Self-Employed Borrowers

Adam Lesner — Wed, 08 May 2019 13:51:00 +0000

Covering the top 4 homes loans for self-employed borrowers. What you need to expect and how to get approved. Links to all content covered here: https://www.balanceprocess.com/home-loans-for-self-employed-borrowers/

E025: Crucial on Manufactured Home | Affidavit of Affixture

Adam Lesner — Thu, 04 Apr 2019 12:09:18 +0000

If you are a realtor, loan officer, or title agent – and there is a slight chance you might ever do a deal on a manufactured home, this episode will save you a shit ton of time and stress. How to get an affidavit of affixture properly recorded on a manufactured home. All the links I mentioned can be found here: https://www.balanceprocess.com/what-is-an-affidavit-of-affixture/

E024: FHA Loans for Bad Credit | Below 580 okay

Adam Lesner — Tue, 05 Mar 2019 12:59:00 +0000

Everything you need to know about getting approved for an FHA loan with credit as low as 500 score. Learn more here: https://www.balanceprocess.com/fha-loans-for-bad-credit/

Also, check your FHA county loan limit here: https://entp.hud.gov/idapp/html/hicostlook.cfm?CFID=2580506&CFTOKEN=748204175f33ca46-20A3305C-91BE-0129-C465BB71E0AFC3B9

E023: Rental Property Financing | 3 Incredible Ways to Get Approved

Adam Lesner — Thu, 14 Feb 2019 12:58:01 +0000

If you are a real estate investor, or have thought about getting into real estate investing, this might be the most important content you will listen to on getting approved for rental property financing. Find out more at: https://www.balanceprocess.com/rental-property-financing/

E022: Mortgage Without Tax Returns | No Problem

Adam Lesner — Fri, 11 Jan 2019 15:47:35 +0000

No tax returns? No problem. Here are 5 ways to get approved for a mortgage without providing tax returns even if you are self-employed. You can shoot me an inquiry anytime at balanceprocess.com to get your questions answered.

E021: Cash Out Refinance With Bad Credit

Adam Lesner — Fri, 07 Dec 2018 17:33:11 +0000

Getting approved for cash out refinance when you have bad credit. Everything you need to know. Learn more at https://www.balanceprocess.com/cash-out-refinance-with-bad-credit/

E020: Bank Statement Mortgage for self-employed or private contractor

Adam Lesner — Fri, 30 Nov 2018 17:00:20 +0000

Today we cover everything business owners need to know about getting approved for a home loan without tax returns. on a bank statement mortgage. For self-employed and private contractors who show low income on tax returns. Learn more at https://www.balanceprocess.com/bank-statement-mortgage/

E019: When to buy a house after mortgage is included in bankruptcy

Adam Lesner — Thu, 26 Apr 2018 13:17:55 +0000

Perhaps one of the most misunderstood guidelines in the mortgage world as it relates to buying a home after bankruptcy. Today I go deeeeeeeep into what it takes to buy after BK, and have surrendered a house in that bankruptcy (regardless of foreclosure date). Learn more at BalanceProcess.com

E018: How to Buy a House on Land Contract

Adam Lesner — Thu, 15 Feb 2018 13:11:12 +0000

When you decide buying a house on land contract is the route you want to take, here is a video on how to find homes for sale on land contract, and how to prepare to buy.

Other videos and helpful links… Everything you need to know about buying on land contract Video – https://youtu.be/Wx4HWqndK7w Blog – https://www.balanceprocess.com/buying-a-home-on-land-contra…/

Alternative to land contract – Portfolio Loan https://www.balanceprocess.com/what-is-a-portfolio-loan/

Follow me Insta – @alesner

E017: Veteran Real Estate Tax Exemption

Adam Lesner — Thu, 18 Jan 2018 19:54:47 +0000

Today I cover the real estate tax exemption for 100% disabled veterans in the state of Michigan. If you are a veteran of the armed forces, I appreciate your service to our country. Semper Fidelis. Helpful link https://www.balanceprocess.com/all-american-exempt

E016: Incredible Solution – Manual Underwriting Mortgage

Adam Lesner — Fri, 15 Dec 2017 12:55:53 +0000

Getting approved with a manual underwrite is often the most logical solution for a challenge on an FHA or VA loan. In today’s episode of the mortgage guide podcast I cover what manual underwriting mortgage means, and how it can be the glue that holds it all together.

E015: Bank Statement Loan for Self-Employed Borrowers

Adam Lesner — Tue, 05 Dec 2017 15:06:37 +0000

If you are self-employed or a private contractor, this is the episode you need to hear. I dive into exactly how to get approved for a mortgage with a bank statement loan, and no tax returns are required. Unfortunately, so many times business owners are told they do not qualify for a mortgage because of the way they show their income on their tax returns. With a bank statement loan your income is calculated by averaging your deposits over a 12 or 24 month period. You can use personal bank statements or business bank statements. Everything you need to know about getting a bank statement loan in today’s Mortgage Guide Podcast. Learn more at BalanceProcess.com/bank-statement-loan

E014: How to Think Like an Underwriter | Q and A

Adam Lesner — Thu, 19 Oct 2017 11:04:47 +0000

Do I qualify for a home loan? To answer that question you need to understand how lenders look at your income, your credit, your assets, and the property you’re looking to finance. Today I dive into each component in depth in order to answer all of the qualifying questions you may have. More at BalanceProcess.com

E013: How Your Tax Returns Are Crucial On Your Mortgage

Adam Lesner — Fri, 13 Oct 2017 13:14:10 +0000

Everything you need to know about how an underwriter looks at your income and tax returns when considering you for approval or denial. More at BalanceProcess.com

E012: How to Get a Jumbo Loan After Recent Foreclosure

Adam Lesner — Fri, 14 Jul 2017 14:35:17 +0000

Recent foreclosure or short sale? Not the end of the world. With a portfolio loan there are options for home financing EVEN if you you’re seeking a jumbo loan. I go into detail in today’s podcast.

Follow me on insta @alesner

E011: 5 First Time Home Buyer Loans Every Buyer Should Know

Adam Lesner — Wed, 14 Jun 2017 15:16:36 +0000

Here is a full breakdown on the most popular first time home buyer loan options. All very low down payment, and some 0% down. I mentioned several useful tools to use to research your eligibility, all of those are included in the link below.

Useful links found here: https://www.balanceprocess.com/first-time-home-buyer-loan/

E010: Why Your Appraisal Matters Beyond Value (big time)

Adam Lesner — Fri, 14 Apr 2017 10:56:47 +0000

Today, we look at 5 reasons your appraisal matters BEYOND value. Yes, the whole point of getting an appraisal is to find out the fair market value, but an appraisal means so much more than just the value when it comes to the home buying process.

E009: 5 Odd Things That Don’t Show on Credit Report

Adam Lesner — Tue, 04 Apr 2017 17:04:15 +0000

(click play above)

In today’s episode of the Mortgage Guide Podcast we cover what lenders are looking for when reviewing your credit report, and the things that DON’T show on your credit report as well.

E008: Why the Ability to Repay is Crucial

Adam Lesner — Fri, 31 Mar 2017 14:20:09 +0000

Demonstrating the ability to repay is perhaps the most important piece of getting approved to buy a house. Here is why.

E007: The Power of Seller Concessions

Adam Lesner — Thu, 30 Mar 2017 18:45:21 +0000

Sellers concessions can bring life to a dead deal. Here are the things you need to know about getting seller concessions negotiated into your home purchase contract.

BalanceProcess.com – Bringing balance to the home buying process.

E006: How to Get Pre Approved For a Mortgage With Ease

Adam Lesner — Tue, 28 Mar 2017 13:59:38 +0000

In today’s episode of the mortgage guide podcast we cover the basics of what lenders are looking for when evaluating a possible pre-approval: income, credit, assets, and property. Learn more at BalanceProcess.com

E005: 4 Things to STOP After Pre Approval

Adam Lesner — Fri, 24 Mar 2017 14:48:05 +0000

(click play above)

There are some specific things you should NOT be doing after you get pre-approved for a mortgage. In today’s episode we cover the classic mistakes a borrower can make when.

E004: Building Your House w/ FHA Construction Loan

Adam Lesner — Wed, 15 Mar 2017 21:57:45 +0000

What you need to know about building a house with an FHA Construction to Permanent One Time Close Loan.

Full article here: https://www.balanceprocess.com/fha-construction-loan/

Keep in mind, there are limits to loan amounts for FHA in every county, check your county here: https://www.fha.com/lending_limits

E003: Buying a Home on Land Contract

Adam Lesner — Thu, 02 Mar 2017 21:09:09 +0000

Buying a home with seller financing on a land contract is not for everyone. In this episode I cover what you need to know about buying a house on land contract, and how to successfully refinance out of it when it’s time.

You can also learn more at https://www.balanceprocess.com/what-is-a-land-contract/

E002: Portfolio Loans | How They Save Deals

Adam Lesner — Thu, 02 Feb 2017 13:47:13 +0000

Everything you need to know about getting a portfolio loan. Portfolio loans are a perfect opportunity for borrowers seeking home financing, but don’t fit within normal lending guidelines.

Here are some scenarios where a portfolio loan might be a good fit:

Recent credit issue – Bankruptcy, foreclosure, short sale, ect. – but now back on their feet
Unique property type – Non-warrantable condo, log cabin, etc.
Foreign National – Borrowers new to the US with no credit established
Investment property – Borrowers with a high number of investment properties that are already financed
Self-Employed – Borrowers with unique income due to being a business owner

Here is the original article: https://www.balanceprocess.com/what-is-a-portfolio-loan/

In the podcast I mentioned there is a way for borrowers to get approved for conventional financing without having 2 years self-employed income, here is the full video on that – https://youtu.be/t9fIAegHCr8

E001: How to Build Credit to Buy a House

Adam Lesner — Mon, 16 Jan 2017 19:46:15 +0000

Episode 1 of the Mortgage Guide podcast. Building credit is crucial when seeking home financing. Here are some tips to carry with you.

Original video here: https://youtu.be/oqgEkE_zYQE

Full article here: https://www.balanceprocess.com/credit/

More on portfolio lending: https://www.balanceprocess.com/what-is-a-portfolio-loan/