Every lender is taking a different approach to every single deal right now so what you knew to be consistent a year ago is not the case right now. Lenders are currently opportunistic depending on the deal, location, and their current appetite, an appetite that is constantly changing and evolving.
Navigating through this unsteady, uneasy-to-follow market is when our mortgage bankers' expertise really comes through. It is tough to predict the market and rates are moving so fast they are hard to track. Therefore, you need a mortgage banker to find the diamond in the rough lender whose rates are lagging the market or a lender that has an allocation that needs to be filled and is offering better than market terms to fill it.

Right now, the market is inconsistent and that makes a mortgage banker's job difficult, yet more valuable as they provide a way to navigate through the turmoil. This is the time to talk to mortgage bankers who have market intel on where to find the best deal and can provide structured debt financing solutions.