Video Transcript:
A computer often says no to your loan. Most people think that is the final answer. It is not, it just means a person must now look. This is where I, David Ghazaryan, step in. I take the file the computer rejected and prepare it for review by a real human underwriter instead. A low score is okay if you have other strengths. We call these compensating factors. Money saved or a steady job can prove you are a safe bet. We build a story with your good habits. If your new house payment is like your old rent, it shows you can handle it easily now. This second chance is built into the system for many people. The computer’s job is just to sort the easy files from the ones needing review. My work builds on this logic. See my analysis on social platforms or my website. The links in the description connect to the full article.
Read Blog Here: https://www.iqratemortgages.com/blog/fha-manual-underwriting-your-path-to-a-miami-home-loan
