Become a Real Estate Deal Financing Expert

Learn the eight stages of an investor loan—from prequalification and asset verification to clear close and funding—covering credit checks, down payment, documents, underwriter decisions, and closing.

Learn how borrowers are prequalified for investor loans by obtaining permission to pull credit, completing a prequalification, and for the loan officer to determine eligibility and initial terms.

Please rate and review this course to support ongoing real estate investor financing lessons, boost its ranking, and help us continue creating courses for you.

Discover how down payment size and credit scores shape the borrower's initial interest rate. Consider loan terms, state risk, and the option to buy down.

Borrowers complete and sign lender forms to ensure readable documents for lender. The loan officer reviews the application and forms while borrowers provide contact information, e-signature authorization, and title plans.

Review the 1003 and lender documents as the underwriter decides to approve or deny the loan. Leave the borrower's income blank; employment information is required, but income isn't considered.

Learn how you can be both real estate agent and loan officer on investor deals to double commissions, with licensing paths, practice tests, and state requirements.

Investor loans require a 20 percent down payment, rising to 25 percent if not qualified, and 35 percent for private money loans using rental income to qualify and minimize risk.

Understand loan conditions and the document flow from borrower to the underwriter, including appraisal payment, processing by the loan processor, and the path to a clear to close.

Coordinate a clear to close and schedule the closing by aligning the borrower and title company, with loan officer assistance and a mobile notary option.

Provide fast, knowledgeable responses to borrowers and escalate when needed to keep them happy. Encourage reviews as lifeblood, and conduct monthly check-ins to secure repeat referrals.

Coordinate closing by having the lender send documents to the title company, verify numbers and fees, review the closing disclosure, wire or cashier funds, and obtain borrower signatures.

The lender wires closing funds to the title company after the closing package is signed, enabling payment to the seller, mortgage company, real estate agents, and any debts, including liens.

Wire funds from the title company to the mortgage company to pay the loan officer via ACH, based on a percentage minus expenses; then the loan officer starts another loan.

Protect borrower information with secure storage like Dropbox and avoid group emails; use an incognito window in Chrome to minimize data exposure on public wifi.

Set clear loan production goals to drive a steady stream of leads and consecutive closings, using month-by-month targets and example calculations to grow loan volume.

Ask borrowers for five star reviews at multiple stages before, during, and after closing to build online credibility, attract future leads, and showcase testimonials on Google business and social media.

Learn a simple plan to generate more leads and close more investor loans by leveraging referrals, social media, and outreach to friends and family.

Identify and engage potential borrowers by texting your contact list, sharing a simple outreach message about investor deals, and sending a business card to spark referrals and leads.