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Series

In-depth insights for all your mortgage lending needs. Browse our available series and volumes. Subscribe below to receive future installments.

Beyond Banks (Volume 1): Know your options when shopping for a home mortgage loan

You may be looking for a mortgage to purchase a new home. Or, you may be looking to refinance your current home mortgage. If so, do not make the same mistake that many other borrowers make. Many borrowers apply to only one lender, such as their current financial...

Beyond Banks (Volume 2): Know your options when shopping for a commercial mortgage loan

If you are a business owner, it is inevitable that you will need a commercial mortgage loan to fund new endeavors, or perhaps refinance your current debt. When that day comes -- whether you are a start-up company, small business, or large corporation -- it is...

Beyond Banks (Volume 3): Discover the power of bridge loans

What is a bridge loan? A bridge loan is a short-term mortgage loan that allows the borrower to quickly secure funds to cover a pressing need. It acts as a "bridge" until the borrower is able to pay off the loan or secure more permanent financing. Bridge loans are...

Bank Turndowns (Volume 1): Was your home mortgage loan application denied?

You are disappointed that your bank rejected your home loan application, but this is a very common experience, especially in Florida. Indeed, based on the most recent data collected from thousands of lenders under the federal Home Mortgage Disclosure Act, three of the...

Bank Turndowns (Volume 2): Was your business loan application denied?

You had grand plans to obtain a business loan, whether you were looking to expand your company, refinance your existing loan, meet operating expenses, make renovations, or undergo a management buyout. However, that all came to a crashing halt when your bank said, “No”...

Bank Turndowns (Volume 3): What are some creative ways to qualify for a home mortgage loan?

Under the Dodd-Frank Act, mortgage lenders cannot extend a loan unless they first determine that the borrower will have a "reasonable ability to repay the loan." 26 C.F.R. 1026.43(c)(1).   Traditionally, large banks determine "ability to repay" based on a full...

Bank Turndowns (Volume 4): What are some alternative ways to qualify for a commercial real estate loan?

It is common for business owners to be turned away for loans by their banks for various reasons such as insufficient credit history, poor quality of earnings, or too much debt. If you are looking for a commercial mortgage loan, but were unable to satisfy your bank's...

Bank Turndowns (Volume 5): Are you a non-U.S. citizen hoping to purchase or refinance a home in Florida?

If you are a non-U.S. citizen - whether a permanent resident, non-permanent resident, or a foreign national - entering the U.S. real estate market and obtaining a home mortgage loan may seem particularly daunting. Indeed, in Florida, the majority of foreign buyers end...

Bank Turndowns (Volume 6): Are you looking for a commercial construction loan?

Last updated: If you are looking for a commercial construction loan, it can be challenging to convince your bank to hit the "approval" button. From the bank's perspective, commercial construction lending is particularly risky due to various factors:...

Bank Turndowns (Volume 7): Can you still qualify for a home mortgage loan despite a recent bankruptcy, foreclosure, or other negative credit event?

Perhaps you are interested in purchasing a new home, but you recently went through a bankruptcy, foreclosure, deed-in-lieu of foreclosure, or short sale. You may think that, due to the recent damage to your credit history, it is not possible to...

Bank Turndowns (Volume 8): Are you looking for a commercial loan for a unique or special-purpose property?

If you are looking for a purchase or investment loan for a commercial property type that is "off the beaten path," chances are you may have heard these discouraging words from your bank, "Sorry, but we don't lend for commercial properties of that type." From the...

Bank Turndowns (Volume 9): Are you looking to purchase or invest in a Florida condominium, including a non-warrantable condominium?

If you are looking for financing to purchase or invest in a Florida condominium, be prepared. Condo financing presents unique challenges, particularly in Florida: Compared to single-family homes, the loan approval process is more complex for condos. Essentially, the...

Bank Turndowns (Volume 10): Are you looking for debtor-in-possession (DIP) financing to keep you afloat during bankruptcy?

If you are contemplating filing for bankruptcy on behalf of your company, looking for a new loan may be the last thing on your mind. Indeed, it seems counterintuitive to think that a bank would ever want to loan money to a company in financial distress, let alone a...