Last week, there were many news articles announcing that for someone who has at least a 20% down payment, the qualifying benchmark stress test rate has been reduced from 5.34% to 5.19%. This results in a very minimal increase of $8,000.00 in purchasing power for someone who earns an annual income of $100,000.00

The secret is that there are still many non-federally regulated financial institutions that can still qualify borrowers with a reduced or even NO stress test. Yes, you read it correctly! NO STRESS TEST!

I’m not talking about private lenders, although these lenders do fall into this category. These are A-lenders that offer competitive rates similar to what you would find at Big 5 banks.

If you, or know someone who can’t borrow enough due to the stress test, there are more options! Contact me and let’s achieve your approval!




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