{"id":2728,"date":"2021-06-16T08:35:41","date_gmt":"2021-06-16T15:35:41","guid":{"rendered":"https:\/\/icgre.com\/?p=2728"},"modified":"2023-03-02T17:28:12","modified_gmt":"2023-03-03T01:28:12","slug":"no-fannie-mae-loans-available-non-qualifying-mortgages-are-the-way-to-go","status":"publish","type":"post","link":"https:\/\/icgre.com\/no-fannie-mae-loans-available-non-qualifying-mortgages-are-the-way-to-go\/","title":{"rendered":"No Fannie Mae Loans Available? Non Qualifying Mortgages are The Way To Go!"},"content":{"rendered":"<div style=\"text-align: center;\"><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/7h5_6i_huwY\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<div><\/div>\n<div><span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv\">The government directives regarding Fannie Mae or qualified mortgages is seen as bad news by investors. They are scared because this could well mean scarcity of QM loans in the market. But here\u2019s the solution: non qualifying mortgage loans! These are the loans that are going to tide you over and secure those retirement riches for you. <a href=\"https:\/\/www.youtube.com\/watch?v=7h5_6i_huwY&amp;t=1s\">Watch as I explain how.<\/a><\/span><\/div>\n<div><\/div>\n<h2><span class=\"ace-all-bold-hthree\"><span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv\"><b>Non-Qualifying Mortgage \u2013 your secret for success.<\/b><\/span><\/span><\/h2>\n<div><\/div>\n<div><span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv\">As I always say, it is the loan duration and the amount of down payment<\/span> <span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv h-lparen\">(should<\/span><span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv\"> be the lowest possible for most circumstances) that are the key to a successful investment and rich returns. This is more important than whether it\u2019s a non-qualifying mortgage or a Fannie Mae loan.<\/span><\/div>\n<div><span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv\">Right now, the idea of non-QM loans may seem intimidating, but they are a smart choice for investors who cannot get QM loans, and in the long run, they aren't that much different. Right now rates are low and this is what makes now the perfect time for you to pick this option instead of doing nothing, as I explain in <\/span><a href=\"https:\/\/www.youtube.com\/watch?v=7h5_6i_huwY&amp;t=1s\"><span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv\"><u>this video<\/u><\/span><span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv\">.<\/span><\/a><\/div>\n<div><\/div>\n<h2><span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv\">Initial negative cash flows? No problem!<\/span><\/h2>\n<div><\/div>\n<div><span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv\">And yes, even if you're looking at negative cash flows to begin with, I would still tell you to go ahead and invest in property and buy as many homes as you possibly can<\/span> <span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv h-lparen\">(assuming<\/span><span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv\"> you can sustain \u00a0the slight negatives). Whatever your negative cash flow is right now, in the future it may be \u00a0about the same as one dinner in a fancy restaurant<\/span> <span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv h-lparen\">(after,<\/span><span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv\"> say, fifteen years or so)! While your PI payments will remain fixed, the rising cost of living will ensure that your rent amounts keep increasing.<\/span><\/div>\n<div><\/div>\n<div><span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv\">Check out this short episode where I speak about non-qualifying mortgages as well as Fannie Mae loans and the pros and cons of each. Also find out more about my early experiences with real estate investments in the Vegas areas back in the 80s. You probably will not believe the sort of prices at which I acquired homes at the time<\/span> <span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv h-hyphen\">--<\/span><span class=\" author-d-1gg9uz65z1iz85zgdz68zmqkz84zo2qowz82zpigz122zhz67zz76zj3xcz68zz122zz74z8z122z7z74zrz77zuiz83zz87zez76zxsz89zv\"> why I was able to buy so many and why I would buy a hundred more if I could go back in time. Check it out right now \u2013 <a href=\"https:\/\/www.youtube.com\/watch?v=7h5_6i_huwY&amp;t=1s\">you can thank me later!<\/a><\/span><\/div>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The government directives regarding Fannie Mae or qualified mortgages is seen as bad news by investors. They are scared because this could well mean scarcity of QM loans in the market. But here\u2019s the solution: non qualifying mortgage loans! These are the loans that are going to tide you over and secure those retirement riches [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2729,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,253],"tags":[28,192,59],"_links":{"self":[{"href":"https:\/\/icgre.com\/wp-json\/wp\/v2\/posts\/2728"}],"collection":[{"href":"https:\/\/icgre.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icgre.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icgre.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/icgre.com\/wp-json\/wp\/v2\/comments?post=2728"}],"version-history":[{"count":0,"href":"https:\/\/icgre.com\/wp-json\/wp\/v2\/posts\/2728\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/icgre.com\/wp-json\/wp\/v2\/media\/2729"}],"wp:attachment":[{"href":"https:\/\/icgre.com\/wp-json\/wp\/v2\/media?parent=2728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icgre.com\/wp-json\/wp\/v2\/categories?post=2728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icgre.com\/wp-json\/wp\/v2\/tags?post=2728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}