Conventional Loan Denial? Here's What You're Missing

Conventional Loan Denial? Here's What You're Missing

In this video, Megan speaks with a seasoned conventional lender about exactly what it takes for real estate investors to become the ideal borrower. Whether you're a new or experienced investor, this interview will help you understand what lenders look for and be better prepared to get your first or next investment loan. Tell me what you liked about today’s video by leaving a comment or question. I read them all! A big thank you to my subscribers. #rentalproperties #realestateinvesting #realestateloans Watch These Next! Speak Banker: 5 Financial Terms Every Real Estate Investor Needs to Know    • Speak Banker: 5 Financial Terms Every Real...   The BRRRR Method for Beginners    • The BRRRR Method for Beginners (Step-by-St...   Subscribe for more real estate & personal finance videos    / @money-megan   Sign up for the Money Megan Newsletter https://moneymegan.com/ Connect with me on Instagram:   / megan_great_houses   TIME STAMPS 00:00 Intro 00:21 Lender background 01:18 Working with investors 02:32 Underwriting process 04:00 Key financial readiness factors 06:47 Improving borrowing profile 08:12 Overcoming weaknesses 09:05 Documentation for self-employed individuals 09:53 Why applicants get denied 10:50 Deal red flags 12:20 Common mistakes 13:13 Increasing approval odds 14:40 Becoming loan-worthy 16:44 One final piece of advice 17:45 Conclusion