Josh, the way you frame the DSCR prepayment penalty as a strategic buy-down mechanism rather than a downside is a genuinely different take, most write-ups treat that 5-4-3-2-1 structure as a trap. Question on matching the penalty term to the exit: for a Central Texas investor who isn't 100% sure whether they'll hold long-term or refinance once rates ease, how do you counsel them on choosing the penalty period? Is there a break-even point where accepting a longer penalty structure stops making sense if there's a real chance they exit early?
CWChad Wagner
Business and Finance
Re:Non-QM Loans: Home Financing When You Don’t Fit the W-2 Box