TREC CE Class - Outside the Box Lending

TREC CE Class - Outside the Box Lending

11:30 am Open Networking Lunch Provided

12:00 pm - 2:00 pm TREC CE Class

Clients often think they need a certain percentage down on a certain term. However, we will discuss the non-traditional lending products available for a client that might be considered "outside the box."

We will discuss:

• The different programs available. – Go over the various programs that work alongside of the major programs and the programs that don’t
• Down Payment Assistance Programs for First-Time Home Buyers – There are multiple gov’t and non-profit organizations that want to help home buyers achieve the American Dream.
• Down Payment Assistance Programs for Repeat Buyers – Busting the myth that just because they have owned a home before, they no longer qualify for down payment assistance.
• TDHCA – Discuss the pros and cons of these two entities.
• TSHAC - Discuss the pros and cons of these two entities.
• Non-QM Loans / Portfolio Loans – What are these types of programs, and no they are not subprime.
• Bank Statement Programs – Going over products available for business owners with high cash flow but low income on taxes.
• Investor Cash Flow Programs – Going over products available for real estate investors with multiple properties.

Course Instructor:

Austen Smith, CMPS, Certified Master Networker, Certified Reverse Lender

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