Join hosts Izzy and Misty as they shed light on the intricate process of loan underwriting in the latest episode of Deeds in the Desert. Discover why every loan released may not be the perfect fit for you as an investor and gain a deeper understanding of the factors that determine Loan to Value (LTV) ratios.
Izzy and Misty delve into the factors that shape Ignite Funding's underwriting process, including location, local economies, job markets, and borrower profiles. Gain a deeper understanding of how Ignite Funding evaluates risks and rewards associated with each loan.
Whether you're an investor or simply curious about lending decisions, this podcast offers valuable knowledge on the art of loan underwriting. Explore the key elements considered by Ignite Funding and gain insights into their commitment to making informed choices for the benefit of investors.
Topic Timecodes:
00:00 Intro
1:40 Why is the LTV (Loan to Value) higher?
2:00 We don’t shop BPOs: Broker Price Opinion
2:36 We believe the loan is of lower value but STILL a good loan.
3:50 How do we decide on the location of loans?
7:15 New Borrowers mean further diversification.
8:45 Off-the-wall project (not your typical projects)
9:40 Evil Knievel Museum coming to Las Vegas.
12:05 Every loan we release may not be your cup of tea!
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on social media: -Instagram -Twitter -LinkedIn -Facebook -YouTube
Schedule a free Investor Consultation
Download FREE 8 Steps to Trust Deed Investing Whitepaper
Disclaimer: Ignite Funding, LLC | NVMBL #311 | AZ CMB-0932150 | | Money invested through a mortgage broker is not guaranteed to earn any interest and is not insured. Prior to investing, investors must be provided with applicable disclosure documents.
Learn how Carrie Cook and Pat Vassar manage the default process and determine the right time to file the NOD. Part 2 in the...
In this episode, join us for a candid discussion on the nuances of Forbearance Agreements, where we delve into its pros and cons from...
Welcome to "Deeds in the Desert," the podcast that delves deep into the world of Trust Deed investments. This episode seeks to answer the...