06/15/2026
They don't tell you what's best. They tell you what's best for them. 🎯
I love knowledge. I love gravitating toward people who share it openly. One Rental at a Time is one of the BEST channels out there for daily real estate news. But this video missed the mark badly.
The speaker is a mortgage broker. Maybe he just does not know enough. But almost everything in this video I disagree with. 👇
Here is the truth.
These loans have been around forever. Bank statement loans, asset depletion, P&L only, DSCR, business purpose. None of this is new. What is new is that brokers and lenders are finally learning how to do them because the market is demanding it. 📈
Seven or eight years ago most originators did not want to touch bank statement loans because they required real work. Twelve months of statements. Actual analysis. Real effort. So they pushed agency loans. Not because it was best for the borrower. Because it was easier and paid better. 💰
He says business owners cannot get conventional financing. A good originator can absolutely get a business owner agency financing. It takes more time.
He also talks about how DSCR loans are safe because lenders use 1007 rent surveys to validate income. 🛑
A group of New York investors ran a $100 million fraud scheme using DSCR loans across more than 700 properties. The exact tool he called safe — the 1007 rent survey — was at the center of how they did it. Appraisers were paid to inflate valuations. Properties were recycled between related parties to artificially create fake market comps. One property bought for $100,000 that sold for $13,000 five years earlier was used to secure a $220,000 loan. Over 50% of the portfolio is now in default. Multiple lenders were victims. Tenants received foreclosure notices on their doors with zero warning.
Is that the loan's fault? No. Is that the 1007's fault? No. It was bad actors who manipulated the process. But you cannot sit on camera and say 1007s make DSCR loans safe. That is either a lack of knowledge. 👀
On the borrower profile shift he is not wrong that it shifted but he is wrong about why. 👇
First time buyers have largely been priced out. They were the core FHA and agency borrowers. When that group stops buying everything else looks like a dramatic shift but its just a subtraction.
Investors are using Non QM and business purpose because those products have better benefits then agency!
It is not because borrowers got riskier. It is because smarter borrowers are learning what actually serves them. 🧠
Borrowers are wising up. They are learning there is more out there than what most mortgage people ever told them. For years the industry pushed agency because it was what they knew, what was easy, and what paid more. Non QM has been here the whole time. It is just now getting the attention it always deserved.
Love the channel. Respect the content. But on this one the speaker is either missing the full picture or only sharing the part that serves him. 👀
