Good morning! I hope you're all well! I was thinking this morning about the fact that most of the potential borrowers out there think they wouldn't be able to get a loan these days. Repeat after me. "I am a good borrower! I am a good borrower!"
It's amazing to me this public perception. Yes, alot more is required to get a loan these days but money is available. We've gotten back to the good old days where a borrower had to prove income, assets, and that they had a job. If you have these things and are not looking to borrow 100%, you can probably get a loan. I've been told even by great borrowers (good credit, assets, and income) that they know they're good borrowers and are frustrated by how much information a lender needs these days. This is true. Will it always be this way? Probably not. There will come a time soon where credit won't be so tight.
So if you think you can't borrow money, think again. The loans are out there. Repeat after me. "I am a good borrower! I am a good borrower!" Have a great day!
Paul
Paul McFadden
