Repeat client who came back to us to refinance and cash out his apartment building.
Years ago this person was referred to e buy my fahters friend. Great guy but in all reality the biggest challenge on this deal was him. Sometimes you really have to do some hand holding in the process and a s aloan officer you need to know your cleintele and for this borrower we knew it had to be a low doc program.
Identified a great program and lowered his interest rate by over 1.50% and with no appraisal fee originated under true no doc program.