
Top DSCR Loan Originator | Top 1% Mtg Originator| CrossCountry Mortgage #573461
St Louis, MO
Joined February 2022
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These charts are wild. This is my fear. There is so much leverage in the markets…institutional trading and hedge fund etc. when u have these types of massive drawdowns like this in one day. And then if does the same
Thing the next day, u have margin calls, and wither need to put up more collateral or have to sell. Could see blood in the water.
Look at this chart. And i had shared few weeks back. How fast it went from $730 to $770. In 4 trading days. Then it chopper for weeks. And no elevator down.
This could be at 700 in a heart in a matter of days. And then from there who knows.
From april of this year it went from 630 to 720 in about 5-6 weeks.
I have three helocs im working on for clients right now.
-Primary residence can go to 95% LTV
-Investment properties can go to 80% LTV. But only 1-2 units and in personal name.
(if in an LLC there are 2nd mortgages as well for DSCR)
Live with Restream, November 03 nitter.gq/i/broadcasts/2brkzEvEg…
Mortgage Lending For Entrepreneurs retweeted
Replying to @Gmzeroog
I want to see more brandon williams and that speed. And bassey
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