The Mortgage Market Insider<\/title><br \/>\n <meta content=\"text\/html; charset=iso-8859-1\" http-equiv=\"Content-Type\"><br \/>\n <\/head><br \/>\n <body link=\"#206a99\" vlink=\"#666666\" jquery1266943589015=\"34\" jquery1266862677218=\"112\" jquery1266860451593=\"44\" jquery1266779893625=\"101\" jquery1266705752593=\"34\" jquery1266626499546=\"130\" jquery1266624981875=\"28\" jquery1266620933062=\"79\" jquery1266620364703=\"39\" jquery1265818357421=\"28\" jquery1265816411015=\"34\" jquery1265773037031=\"40\" jquery1265772929296=\"37\" jquery1265697118328=\"28\" jquery1265696049375=\"37\" jquery1265693913390=\"35\" jquery1265693832265=\"34\" jquery1265499839890=\"63\" jquery1265510640921=\"36\" jquery1265511555703=\"366\" jquery1265512078437=\"39\" jquery1265512731828=\"28\" jquery1265512781062=\"40\" jquery1265513709875=\"28\" jquery1265513837921=\"34\" jquery1265514728296=\"48\" jquery1265517971703=\"40\" jquery1265646218828=\"38\" jquery1265646767546=\"38\" jquery1265769662562=\"28\" jquery1265769730687=\"28\" jquery1265770139468=\"34\" jquery1266615347734=\"51\" jquery1266618917562=\"70\" jquery1266619811453=\"28\" jquery1269279664406=\"80\" jquery1269314493359=\"85\" jquery1269358433718=\"34\" jquery1269358780250=\"36\" jquery1269358780250=\"36\"><br \/>\n <center><\/p>\n<div><img loading=\"lazy\" decoding=\"async\" style=\"width: 633px; height: 158px;\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/header.jpg\" width=\"633\" height=\"158\" complete=\"complete\"> <\/div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\" width=\"600\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"409\" align=\"left\"><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\" width=\"380\"><\/p>\n<tbody>\n<tr>\n<td bgcolor=\"#206a99\" height=\"26\" valign=\"middle\" width=\"380\">\n<div align=\"left\"><b><font color=\"#ffffff\"><\/p>\n<p>Underwriters Reveal the Top 5 Reasons Why Loans are Being Denied!<\/p>\n<p><\/font><\/b><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" align=\"left\"><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td>\n<div> <\/div>\n<div> <\/div>\n<div> <\/div>\n<\/td>\n<td>\n<div align=\"left\"><font face=\"Verdana, Times New Roman, Times, serif\"><font size=\"2\"> <\/font><\/font><\/div>\n<div align=\"left\"><font size=\"2\" face=\"Verdana\">If it seems like underwriters are getting tougher with loan approvals these days then you are correct. From talking to 6 underwriters in the past few weeks about the state of our lending environment, I wanted to share with you the top 5 reasons why loans are getting turned down. Almost everyone I talked to shared the same information with me and had the same concerns. I will definitely be using this inside information as a guide on all future loans that come across my desk. <\/font><\/div>\n<div align=\"left\"><font size=\"2\" face=\"Verdana\"> <\/p>\n<div align=\"left\"><b>So why are the banks geting tougher?<\/b><\/div>\n<div align=\"left\">I have heard some people say that the banks don’t have enough money to lend or that there is a lack of liquidity in the markets, well let me dismiss that theory because that is not true at all. As you can see below the banks are more than flush with reserves and in fact should be lending a lot more money. <\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\"><img loading=\"lazy\" decoding=\"async\" style=\"width: 424px; height: 311px;\" title=\"\" alt=\"\" src=\"https:\/\/app.icontact.com\/icp\/loadimage.php\/mogile\/545159\/ec994ed9444125cf16beeb473e3c4d1d\/image\/png\" width=\"424\" height=\"311\"><\/div>\n<p align=\"left\">Unfortunately as more and more loan losses accumulate and they don’t show any signs of dissipating anytime soon, <b>investor guidelines are getting stricter across the board to prevent future losses on all new loans.<\/b> It is because of this fear of future losses that all of the underwriters admitted that the pendulum has swung too far the other way. But, as there is not much any of us can do about the current lay of the lending land, the best advice is to master the current property and lending rules that we have to deal with. Here are the top 5 reasons why loans are getting turned down, they are in no particular order. <\/p>\n<div align=\"left\"><b>1. The property does not meet our ‘flipped rules"<\/b><\/div>\n<div align=\"left\">Every underwriter admitted that they have to turn down this type of loan everyday. Each lender has a different set of rules for flipped properties and a lot of them do not accept these properties period. For example, even though the FHA eliminated their “90 day flip rule” recently, not all FHA lenders have followed suit and many still carry their own rules. <\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\"><img loading=\"lazy\" decoding=\"async\" style=\"width: 395px; height: 245px;\" title=\"\" alt=\"\" src=\"https:\/\/app.icontact.com\/icp\/loadimage.php\/mogile\/545159\/33c7ff9c6a7d61f22180a0103e5520eb\/image\/jpeg\" width=\"395\" height=\"245\"><\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\">It is important to know which bank allows flipped properties within 90 days if your buyer is purchasing this type of property. Also it is important to note that if the property is being sold for more than a 20% profit, the buyer may have to pay for a second appraisal with some lenders, this may cause a further delay in the transaction.<\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\"><b>2. Properties are being overpriced and appraisals coming in much lower<\/b><\/div>\n<div align=\"left\">Properties are going into contract overpriced and over valued and because of this appraisals are coming in under value.<b> Some underwriters are seeing appraisals come in as much as 5-10% or more under contract price<\/b>. Then because there is such a disparity between the contract price and the appraisal, both the buyer and seller cannot agree on a price or the buyer cannot afford to come in with any more funds and the loan falls apart, as the lender will base their loan to value financing approval for the buyer off the appraised value and not the contract price.<\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\">I think this will cease to be a problem soon once the $8k tax credit and low rates go away, as there will be fewer buyers bidding on properties driving values up.<\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\"><b>3. Not following recent changes to condo guidelines<\/b><\/div>\n<div align=\"left\">Condo guidelines are changing all the time. All underwriters recommend contacting the HOA initially and asking questions to try and dig up as much info as possible on the subject complex. For example, is there Litigation in the complex and if so what type of litigation? if it is structural litigation it will probably be turned down immediately. <\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\"><a href=\"http:\/\/www.ebcak.com\/wp-content\/uploads\/2008\/07\/trailertrash_condos.jpg\"><img loading=\"lazy\" decoding=\"async\" style=\"width: 360px; height: 234px;\" title=\"\" alt=\"\" src=\"https:\/\/app.icontact.com\/icp\/loadimage.php\/mogile\/545159\/3b40e9d2364671031d3d43198eeb1f9c\/image\/jpeg\" width=\"360\" height=\"234\"><\/a><\/div>\n<p align=\"left\">Are there more than 15% of the tenants delinquent with their HOA dues? If so then Fannie and Freddie for example will not lend in this complex. (Please note I have a way around this by using a “limited review” which does not require the lender to ask about HOA delinquencies). Is the complex FHA approved? Is the complex Fannie Mae approved? <\/p>\n<p align=\"left\">As condo’s are the type of property that most of our first time buyers can only afford, it is very important to do some homework upfront, as addressing all of these questions will ensure your loan will get approved. <\/p>\n<div align=\"left\"><b>4. The loan file does not qualify for the loan program <\/b><\/div>\n<div align=\"left\"> <strong><img loading=\"lazy\" decoding=\"async\" style=\"width: 212px; height: 222px;\" title=\"\" alt=\"\" src=\"https:\/\/app.icontact.com\/icp\/loadimage.php\/mogile\/545159\/33e6e862003d6e95d79429ed12043f4a\/image\/jpeg\" width=\"212\" height=\"222\"><\/strong>In many circumstances the loan file does not get submitted for the right loan program or to the correct lender. A good example is let’s say a husband previously bought a property in his name only before they were married, but now he has a short sale on his credit, when the wife with the clean credit tries to buy a home in her name only through FHA financing, they will not qualify because FHA must take into consideration both of their credit reports, so the loan gets turned down.<\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\">Another good example is where income is not getting calculated properly on a loan file, the underwriters admitted this happens on over 1\/3 of all loans. This is especially important these days as Fannie Mae has capped their debt to income ratios at 45%. <\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\">Let’s say we have a loan file where the debt to income is at 48% but was submitted to a Fannie Mae lender. Well this loan will probably be turned down. If the income was calculated correctly upfront, a loan that has debt to income ratios over 45% would have been correctly submitted to a Freddie Mac lender that allows debt to income ratios between 45-55% or a FHA lender which also allows some debt ratios between 45-55%. <\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\"><b>5. You did not explain your buyer’s motivation so we turned their loan down<\/b><\/div>\n<div align=\"left\">This is a subject that is especially annoying to an underwriter, whereby loan files are being submitted without any explanation. It is important to note that underwriters are not giving the benefit of the doubt so they will turn these files down immediately. For example a buyer lives in a 2800 sq feet home on an acre that is worth $550k, but goes into contract on an 1800 sq feet condo worth $325k. An underwriter will turn this down immediately becuase she assumes that this is probably an investment property purchase, (because this is considered buying down and why would they move out of their nicer bigger home). <\/div>\n<p align=\"left\">The correct thing to do here is to provide a letter of explanation written by the buyers advising that they are near retirement age and the upkeep of this bigger house is too much for them. As homes are much more affordable now and they are are preparing for retirement age in 3 years, they want to buy a smaller house that will not have any stairs or a large yard to maintain. This now makes sense to an underwriter and will get approved in most cases.<\/p>\n<div align=\"left\"><b>Stay current and do the research on all loan files<\/b><\/div>\n<div align=\"left\"><strong><img loading=\"lazy\" decoding=\"async\" title=\"\" alt=\"\" src=\"https:\/\/app.icontact.com\/icp\/loadimage.php\/mogile\/545159\/ae11452e39d52028646037ecda8356b2\/image\/gif\" width=\"233\" height=\"214\"><\/strong><\/div>\n<div align=\"left\">I hope these 5 reasons are helpful to you and your business and provide an insight into what the underwriters are looking for on transactions. Remember sometimes it is taking over a week or two for an underwriter to decision a loan and sometimes there will be appraisals already done before the underwriter gets to decision the loan ile also. So this can really create a serious delay on a transaction if the loan gets turned down and you have to submit it elsewhere and the appraisal that was done is not transferable between lenders either. This is why it is so important to do a lot of homework upfront on a buyers file so it is submitted correctly and to the right lender.<\/div>\n<p align=\"left\">I believe the secret to this market is to stay on top of all the guidelines and rule changes that are occurring. Put aside a little time everyday to read these changes so you are always current. If you ever have any questions on a loan that got stuck recently or you need any help with any buyers, please feel free to contact me, myself and my team will be happy to help out you and your clients so you can get your loans funded. I look forward to chatting soon.<\/p>\n<div align=\"left\"> <img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/sign.jpg\" complete=\"complete\"><\/div>\n<p><\/font><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"http:\/\/[f2f_url]\" target=\"_blank\"><font color=\"#0000ff\"><img decoding=\"async\" border=\"0\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/forward.jpg\" complete=\"complete\"><\/font><\/a><\/td>\n<\/tr>\n<tr>\n<td><font color=\"#0000ff\"><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/font><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" align=\"left\">\n<div><font color=\"#0000ff\"><\/font><\/div>\n<div> <\/div>\n<div><a title=\"MMI contact form\" href=\"http:\/\/www.michaeladeery.com\/blog\/please-sign-up-for-the-mortgage-market-insider-newsletter\/\"><img decoding=\"async\" border=\"0\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/subscribe.jpg\" complete=\"complete\"><\/a><\/div>\n<\/td>\n<\/tr>\n<p><\/p>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/td>\n<td bgcolor=\"#eceacd\" valign=\"top\" width=\"191\" align=\"left\"><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"5\" width=\"100%\"><\/p>\n<tbody>\n<tr>\n<td bgcolor=\"#486e01\" height=\"26\" valign=\"middle\" width=\"200\"><font face=\"Times New Roman, Helvetica, sans-serif\"><font size=\"4\"><font color=\"#ffffff\"><strong>In This Issue<\/strong> <\/font><\/font><\/font><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" align=\"left\"><font face=\"Verdana, Times New Roman, Times, serif\"><font color=\"#000000\" size=\"2\"><b>Underwriters Reveal the Top 5 Reasons Why Loans are Being Turned Down!<\/b><\/font><\/font><\/td>\n<\/tr>\n<p><\/p>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<p><\/p>\n<tr>\n<td bgcolor=\"#486e01\" height=\"26\" valign=\"middle\" width=\"190\"><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/icon_01.jpg\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td>\n<div> <\/div>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<div><a href=\"http:\/\/www.sfgate.com\/cgi-bin\/article.cgi?f=\/c\/a\/2010\/02\/15\/MNSP1BVILP.DTL\"><strong><font color=\"#0033ff\">Experts predict interest rates for 2010!<\/font><\/strong><\/a><\/div>\n<div> <\/div>\n<div><a href=\"http:\/\/www.michaeladeery.com\/blog\/category\/how-to-qualify-for-president-obamas-home-loan-refinance-program-here-in-san-diego\/\"><strong><font color=\"#0033ff\">How to qualify for president Obama’s refinance program (up to 105% ltv)<\/font><\/strong><\/a><\/div>\n<div> <\/div>\n<div><font color=\"#0033ff\"><strong><a href=\"http:\/\/www.michaeladeery.com\/blog\/category\/what-happened-interest-rates-for-home-loans-in-san-diego-and-why-did-they-jump-to-55\/\"><font color=\"#0033ff\"><strong>Become an expert on understanding interest rates<\/strong><\/font><\/a><\/strong><\/font><\/div>\n<\/td>\n<\/tr>\n<p><\/p>\n<tr>\n<td valign=\"top\" align=\"left\">\n<div> <\/div>\n<\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<p><\/p>\n<tr>\n<td bgcolor=\"#486e01\" height=\"18\" valign=\"bottom\" width=\"190\"><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/icon_02.jpg\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" align=\"left\">\n<div>Always make sure to check if the condo your buyer is interested in is FHA or Fannie Mae approved. This will save you considerbale time by taking these non approved condos off your check list. To check if a condo is FHA approved click on the following link <a href=\"https:\/\/entp.hud.gov\/idapp\/html\/condlook.cfm\"><font color=\"#0033ff\">FHA Approved Condo<\/font><\/a>. To check if a condo is Fannie Mae approved click on the following link <a href=\"https:\/\/www.efanniemae.com\/sf\/refmaterials\/approvedprojects\/index.jsp?from=hp\"><font color=\"#0033ff\">Fannie Mae Approved Condo.<\/font><\/a><font color=\"#0033ff\"> <\/font><\/div>\n<\/td>\n<p><\/tr>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<p><\/p>\n<tr>\n<td bgcolor=\"#486e01\" height=\"26\" valign=\"middle\" width=\"190\"><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/icon_03.jpg\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" align=\"left\">\n<div align=\"left\">\n<div><font color=\"#ff0000\">95% Conforming Financing Now Available for Condos!<\/font><\/div>\n<\/div>\n<div align=\"left\"> <\/div>\n<div>Are you having problems running into condos that are not FHA approved? I have a lender that offers 95% conforming financing on a condo, they have a special agreement with a mortgage insurance MI company. This is a great option for those condos that are not FHA approved. Call me for details.<\/div>\n<div><b> <\/b><font size=\"2\" face=\"Verdana\"> <\/font><\/div>\n<\/td>\n<p><\/tr>\n<tr>\n<td bgcolor=\"#486e01\" height=\"26\" valign=\"middle\" width=\"190\"><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/icon_04.jpg\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" align=\"left\">\n<div align=\"center\"><font face=\"Verdana, Times New Roman, Times, serif\"><font size=\"2\"><a href=\"http:\/\/www.facebook.com\/MichaelADeery?ref=name\" target=\"_blank\"><img decoding=\"async\" border=\"0\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/smm_fb.jpg\" complete=\"complete\"><\/a> <a href=\"http:\/\/twitter.com\/_MortgageExpert\" target=\"_blank\"><img decoding=\"async\" border=\"0\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/smm_tw.jpg\" complete=\"complete\"><\/a><a href=\"http:\/\/citywidefinancialcorp.com\/blog\" target=\"_blank\"><img decoding=\"async\" border=\"0\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/smm_blog.jpg\" complete=\"complete\"><\/a><a href=\"http:\/\/citywidefinancialcorp.com\/\" target=\"_blank\"><br \/>\n <font color=\"#0033ff\" size=\"4\">Visit My Website<\/font><\/a><\/font><\/font><\/div>\n<div align=\"center\"><font face=\"Verdana, Times New Roman, Times, serif\"><font size=\"2\"><br \/>\n <\/font><font color=\"#0033ff\" size=\"4\">Call Michael At <\/font><\/font><\/div>\n<div align=\"center\"><font color=\"#0033ff\" size=\"4\" face=\"Verdana, Times New Roman, Times, serif\">(858) 200-9602<\/font><\/div>\n<div> <\/div>\n<div> <\/div>\n<div align=\"center\"><font color=\"#009900\" size=\"4\">Joke of the week!<\/font><\/div>\n<div align=\"center\"><font color=\"#009900\"> <\/font><\/div>\n<div align=\"center\"><span class=\"UIStory_Message\"><font color=\"#009900\">St Patrick is driving in New York and gets stopped for speeding. The state trooper smells alcohol on his breath and then sees an empty wine bottle on the floor of the car. He says, ‘Sir, have you been drinking?’ ‘Just water,’ says St Patrick. The trooper says, ‘Then why do I smell wine?’ St patrick looks at the bottle <span class=\"text_exposed_hide\">…<\/span><span class=\"text_exposed_show\">and says, ‘Good Lord! He’s done it again!<\/span><\/font><\/span> <\/div>\n<div> <\/div>\n<\/td>\n<p><\/tr>\n<\/tbody>\n<\/table>\n<p><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/center><br \/>\n <\/body><br \/>\n<\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Mortgage Market Insider Underwriters Reveal the Top 5 Reasons Why Loans are Being Denied! If it seems like underwriters are getting tougher with loan approvals these days then you are correct. From talking to 6 underwriters in the past few weeks about the state of our lending environment, I wanted to share […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":2383,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-2485","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/pages\/2485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/comments?post=2485"}],"version-history":[{"count":1,"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/pages\/2485\/revisions"}],"predecessor-version":[{"id":2486,"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/pages\/2485\/revisions\/2486"}],"up":[{"embeddable":true,"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/pages\/2383"}],"wp:attachment":[{"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/media?parent=2485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

{"id":2485,"date":"2014-05-05T16:06:16","date_gmt":"2014-05-05T16:06:16","guid":{"rendered":"http:\/\/www.michaeladeery.com\/blog\/?page_id=2485"},"modified":"2014-05-05T16:06:16","modified_gmt":"2014-05-05T16:06:16","slug":"underwriters-reveal-the-top-5-reasons-why-loans-are-being-denied","status":"publish","type":"page","link":"https:\/\/www.michaeladeery.com\/blog\/newsletter-archive\/underwriters-reveal-the-top-5-reasons-why-loans-are-being-denied\/","title":{"rendered":"Underwriters Reveal the Top 5 Reasons Why Loans are Being Denied!"},"content":{"rendered":"

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\n The Mortgage Market Insider<\/title><br \/>\n <meta content=\"text\/html; charset=iso-8859-1\" http-equiv=\"Content-Type\"><br \/>\n <\/head><br \/>\n <body link=\"#206a99\" vlink=\"#666666\" jquery1266943589015=\"34\" jquery1266862677218=\"112\" jquery1266860451593=\"44\" jquery1266779893625=\"101\" jquery1266705752593=\"34\" jquery1266626499546=\"130\" jquery1266624981875=\"28\" jquery1266620933062=\"79\" jquery1266620364703=\"39\" jquery1265818357421=\"28\" jquery1265816411015=\"34\" jquery1265773037031=\"40\" jquery1265772929296=\"37\" jquery1265697118328=\"28\" jquery1265696049375=\"37\" jquery1265693913390=\"35\" jquery1265693832265=\"34\" jquery1265499839890=\"63\" jquery1265510640921=\"36\" jquery1265511555703=\"366\" jquery1265512078437=\"39\" jquery1265512731828=\"28\" jquery1265512781062=\"40\" jquery1265513709875=\"28\" jquery1265513837921=\"34\" jquery1265514728296=\"48\" jquery1265517971703=\"40\" jquery1265646218828=\"38\" jquery1265646767546=\"38\" jquery1265769662562=\"28\" jquery1265769730687=\"28\" jquery1265770139468=\"34\" jquery1266615347734=\"51\" jquery1266618917562=\"70\" jquery1266619811453=\"28\" jquery1269279664406=\"80\" jquery1269314493359=\"85\" jquery1269358433718=\"34\" jquery1269358780250=\"36\" jquery1269358780250=\"36\"><br \/>\n <center><\/p>\n<div><img loading=\"lazy\" decoding=\"async\" style=\"width: 633px; height: 158px;\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/header.jpg\" width=\"633\" height=\"158\" complete=\"complete\"> <\/div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\" width=\"600\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"409\" align=\"left\"><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\" width=\"380\"><\/p>\n<tbody>\n<tr>\n<td bgcolor=\"#206a99\" height=\"26\" valign=\"middle\" width=\"380\">\n<div align=\"left\"><b><font color=\"#ffffff\"><\/p>\n<p>Underwriters Reveal the Top 5 Reasons Why Loans are Being Denied!<\/p>\n<p><\/font><\/b><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" align=\"left\"><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td>\n<div> <\/div>\n<div> <\/div>\n<div> <\/div>\n<\/td>\n<td>\n<div align=\"left\"><font face=\"Verdana, Times New Roman, Times, serif\"><font size=\"2\"> <\/font><\/font><\/div>\n<div align=\"left\"><font size=\"2\" face=\"Verdana\">If it seems like underwriters are getting tougher with loan approvals these days then you are correct. From talking to 6 underwriters in the past few weeks about the state of our lending environment, I wanted to share with you the top 5 reasons why loans are getting turned down. Almost everyone I talked to shared the same information with me and had the same concerns. I will definitely be using this inside information as a guide on all future loans that come across my desk. <\/font><\/div>\n<div align=\"left\"><font size=\"2\" face=\"Verdana\"> <\/p>\n<div align=\"left\"><b>So why are the banks geting tougher?<\/b><\/div>\n<div align=\"left\">I have heard some people say that the banks don’t have enough money to lend or that there is a lack of liquidity in the markets, well let me dismiss that theory because that is not true at all. As you can see below the banks are more than flush with reserves and in fact should be lending a lot more money. <\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\"><img loading=\"lazy\" decoding=\"async\" style=\"width: 424px; height: 311px;\" title=\"\" alt=\"\" src=\"https:\/\/app.icontact.com\/icp\/loadimage.php\/mogile\/545159\/ec994ed9444125cf16beeb473e3c4d1d\/image\/png\" width=\"424\" height=\"311\"><\/div>\n<p align=\"left\">Unfortunately as more and more loan losses accumulate and they don’t show any signs of dissipating anytime soon, <b>investor guidelines are getting stricter across the board to prevent future losses on all new loans.<\/b> It is because of this fear of future losses that all of the underwriters admitted that the pendulum has swung too far the other way. But, as there is not much any of us can do about the current lay of the lending land, the best advice is to master the current property and lending rules that we have to deal with. Here are the top 5 reasons why loans are getting turned down, they are in no particular order. <\/p>\n<div align=\"left\"><b>1. The property does not meet our ‘flipped rules"<\/b><\/div>\n<div align=\"left\">Every underwriter admitted that they have to turn down this type of loan everyday. Each lender has a different set of rules for flipped properties and a lot of them do not accept these properties period. For example, even though the FHA eliminated their “90 day flip rule” recently, not all FHA lenders have followed suit and many still carry their own rules. <\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\"><img loading=\"lazy\" decoding=\"async\" style=\"width: 395px; height: 245px;\" title=\"\" alt=\"\" src=\"https:\/\/app.icontact.com\/icp\/loadimage.php\/mogile\/545159\/33c7ff9c6a7d61f22180a0103e5520eb\/image\/jpeg\" width=\"395\" height=\"245\"><\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\">It is important to know which bank allows flipped properties within 90 days if your buyer is purchasing this type of property. Also it is important to note that if the property is being sold for more than a 20% profit, the buyer may have to pay for a second appraisal with some lenders, this may cause a further delay in the transaction.<\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\"><b>2. Properties are being overpriced and appraisals coming in much lower<\/b><\/div>\n<div align=\"left\">Properties are going into contract overpriced and over valued and because of this appraisals are coming in under value.<b> Some underwriters are seeing appraisals come in as much as 5-10% or more under contract price<\/b>. Then because there is such a disparity between the contract price and the appraisal, both the buyer and seller cannot agree on a price or the buyer cannot afford to come in with any more funds and the loan falls apart, as the lender will base their loan to value financing approval for the buyer off the appraised value and not the contract price.<\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\">I think this will cease to be a problem soon once the $8k tax credit and low rates go away, as there will be fewer buyers bidding on properties driving values up.<\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\"><b>3. Not following recent changes to condo guidelines<\/b><\/div>\n<div align=\"left\">Condo guidelines are changing all the time. All underwriters recommend contacting the HOA initially and asking questions to try and dig up as much info as possible on the subject complex. For example, is there Litigation in the complex and if so what type of litigation? if it is structural litigation it will probably be turned down immediately. <\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\"><a href=\"http:\/\/www.ebcak.com\/wp-content\/uploads\/2008\/07\/trailertrash_condos.jpg\"><img loading=\"lazy\" decoding=\"async\" style=\"width: 360px; height: 234px;\" title=\"\" alt=\"\" src=\"https:\/\/app.icontact.com\/icp\/loadimage.php\/mogile\/545159\/3b40e9d2364671031d3d43198eeb1f9c\/image\/jpeg\" width=\"360\" height=\"234\"><\/a><\/div>\n<p align=\"left\">Are there more than 15% of the tenants delinquent with their HOA dues? If so then Fannie and Freddie for example will not lend in this complex. (Please note I have a way around this by using a “limited review” which does not require the lender to ask about HOA delinquencies). Is the complex FHA approved? Is the complex Fannie Mae approved? <\/p>\n<p align=\"left\">As condo’s are the type of property that most of our first time buyers can only afford, it is very important to do some homework upfront, as addressing all of these questions will ensure your loan will get approved. <\/p>\n<div align=\"left\"><b>4. The loan file does not qualify for the loan program <\/b><\/div>\n<div align=\"left\"> <strong><img loading=\"lazy\" decoding=\"async\" style=\"width: 212px; height: 222px;\" title=\"\" alt=\"\" src=\"https:\/\/app.icontact.com\/icp\/loadimage.php\/mogile\/545159\/33e6e862003d6e95d79429ed12043f4a\/image\/jpeg\" width=\"212\" height=\"222\"><\/strong>In many circumstances the loan file does not get submitted for the right loan program or to the correct lender. A good example is let’s say a husband previously bought a property in his name only before they were married, but now he has a short sale on his credit, when the wife with the clean credit tries to buy a home in her name only through FHA financing, they will not qualify because FHA must take into consideration both of their credit reports, so the loan gets turned down.<\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\">Another good example is where income is not getting calculated properly on a loan file, the underwriters admitted this happens on over 1\/3 of all loans. This is especially important these days as Fannie Mae has capped their debt to income ratios at 45%. <\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\">Let’s say we have a loan file where the debt to income is at 48% but was submitted to a Fannie Mae lender. Well this loan will probably be turned down. If the income was calculated correctly upfront, a loan that has debt to income ratios over 45% would have been correctly submitted to a Freddie Mac lender that allows debt to income ratios between 45-55% or a FHA lender which also allows some debt ratios between 45-55%. <\/div>\n<div align=\"left\"> <\/div>\n<div align=\"left\"><b>5. You did not explain your buyer’s motivation so we turned their loan down<\/b><\/div>\n<div align=\"left\">This is a subject that is especially annoying to an underwriter, whereby loan files are being submitted without any explanation. It is important to note that underwriters are not giving the benefit of the doubt so they will turn these files down immediately. For example a buyer lives in a 2800 sq feet home on an acre that is worth $550k, but goes into contract on an 1800 sq feet condo worth $325k. An underwriter will turn this down immediately becuase she assumes that this is probably an investment property purchase, (because this is considered buying down and why would they move out of their nicer bigger home). <\/div>\n<p align=\"left\">The correct thing to do here is to provide a letter of explanation written by the buyers advising that they are near retirement age and the upkeep of this bigger house is too much for them. As homes are much more affordable now and they are are preparing for retirement age in 3 years, they want to buy a smaller house that will not have any stairs or a large yard to maintain. This now makes sense to an underwriter and will get approved in most cases.<\/p>\n<div align=\"left\"><b>Stay current and do the research on all loan files<\/b><\/div>\n<div align=\"left\"><strong><img loading=\"lazy\" decoding=\"async\" title=\"\" alt=\"\" src=\"https:\/\/app.icontact.com\/icp\/loadimage.php\/mogile\/545159\/ae11452e39d52028646037ecda8356b2\/image\/gif\" width=\"233\" height=\"214\"><\/strong><\/div>\n<div align=\"left\">I hope these 5 reasons are helpful to you and your business and provide an insight into what the underwriters are looking for on transactions. Remember sometimes it is taking over a week or two for an underwriter to decision a loan and sometimes there will be appraisals already done before the underwriter gets to decision the loan ile also. So this can really create a serious delay on a transaction if the loan gets turned down and you have to submit it elsewhere and the appraisal that was done is not transferable between lenders either. This is why it is so important to do a lot of homework upfront on a buyers file so it is submitted correctly and to the right lender.<\/div>\n<p align=\"left\">I believe the secret to this market is to stay on top of all the guidelines and rule changes that are occurring. Put aside a little time everyday to read these changes so you are always current. If you ever have any questions on a loan that got stuck recently or you need any help with any buyers, please feel free to contact me, myself and my team will be happy to help out you and your clients so you can get your loans funded. I look forward to chatting soon.<\/p>\n<div align=\"left\"> <img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/sign.jpg\" complete=\"complete\"><\/div>\n<p><\/font><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"http:\/\/[f2f_url]\" target=\"_blank\"><font color=\"#0000ff\"><img decoding=\"async\" border=\"0\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/forward.jpg\" complete=\"complete\"><\/font><\/a><\/td>\n<\/tr>\n<tr>\n<td><font color=\"#0000ff\"><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/font><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" align=\"left\">\n<div><font color=\"#0000ff\"><\/font><\/div>\n<div> <\/div>\n<div><a title=\"MMI contact form\" href=\"http:\/\/www.michaeladeery.com\/blog\/please-sign-up-for-the-mortgage-market-insider-newsletter\/\"><img decoding=\"async\" border=\"0\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/subscribe.jpg\" complete=\"complete\"><\/a><\/div>\n<\/td>\n<\/tr>\n<p><\/p>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/td>\n<td bgcolor=\"#eceacd\" valign=\"top\" width=\"191\" align=\"left\"><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"5\" width=\"100%\"><\/p>\n<tbody>\n<tr>\n<td bgcolor=\"#486e01\" height=\"26\" valign=\"middle\" width=\"200\"><font face=\"Times New Roman, Helvetica, sans-serif\"><font size=\"4\"><font color=\"#ffffff\"><strong>In This Issue<\/strong> <\/font><\/font><\/font><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" align=\"left\"><font face=\"Verdana, Times New Roman, Times, serif\"><font color=\"#000000\" size=\"2\"><b>Underwriters Reveal the Top 5 Reasons Why Loans are Being Turned Down!<\/b><\/font><\/font><\/td>\n<\/tr>\n<p><\/p>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<p><\/p>\n<tr>\n<td bgcolor=\"#486e01\" height=\"26\" valign=\"middle\" width=\"190\"><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/icon_01.jpg\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td>\n<div> <\/div>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<div><a href=\"http:\/\/www.sfgate.com\/cgi-bin\/article.cgi?f=\/c\/a\/2010\/02\/15\/MNSP1BVILP.DTL\"><strong><font color=\"#0033ff\">Experts predict interest rates for 2010!<\/font><\/strong><\/a><\/div>\n<div> <\/div>\n<div><a href=\"http:\/\/www.michaeladeery.com\/blog\/category\/how-to-qualify-for-president-obamas-home-loan-refinance-program-here-in-san-diego\/\"><strong><font color=\"#0033ff\">How to qualify for president Obama’s refinance program (up to 105% ltv)<\/font><\/strong><\/a><\/div>\n<div> <\/div>\n<div><font color=\"#0033ff\"><strong><a href=\"http:\/\/www.michaeladeery.com\/blog\/category\/what-happened-interest-rates-for-home-loans-in-san-diego-and-why-did-they-jump-to-55\/\"><font color=\"#0033ff\"><strong>Become an expert on understanding interest rates<\/strong><\/font><\/a><\/strong><\/font><\/div>\n<\/td>\n<\/tr>\n<p><\/p>\n<tr>\n<td valign=\"top\" align=\"left\">\n<div> <\/div>\n<\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<p><\/p>\n<tr>\n<td bgcolor=\"#486e01\" height=\"18\" valign=\"bottom\" width=\"190\"><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/icon_02.jpg\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" align=\"left\">\n<div>Always make sure to check if the condo your buyer is interested in is FHA or Fannie Mae approved. This will save you considerbale time by taking these non approved condos off your check list. To check if a condo is FHA approved click on the following link <a href=\"https:\/\/entp.hud.gov\/idapp\/html\/condlook.cfm\"><font color=\"#0033ff\">FHA Approved Condo<\/font><\/a>. To check if a condo is Fannie Mae approved click on the following link <a href=\"https:\/\/www.efanniemae.com\/sf\/refmaterials\/approvedprojects\/index.jsp?from=hp\"><font color=\"#0033ff\">Fannie Mae Approved Condo.<\/font><\/a><font color=\"#0033ff\"> <\/font><\/div>\n<\/td>\n<p><\/tr>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<p><\/p>\n<tr>\n<td bgcolor=\"#486e01\" height=\"26\" valign=\"middle\" width=\"190\"><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/icon_03.jpg\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" align=\"left\">\n<div align=\"left\">\n<div><font color=\"#ff0000\">95% Conforming Financing Now Available for Condos!<\/font><\/div>\n<\/div>\n<div align=\"left\"> <\/div>\n<div>Are you having problems running into condos that are not FHA approved? I have a lender that offers 95% conforming financing on a condo, they have a special agreement with a mortgage insurance MI company. This is a great option for those condos that are not FHA approved. Call me for details.<\/div>\n<div><b> <\/b><font size=\"2\" face=\"Verdana\"> <\/font><\/div>\n<\/td>\n<p><\/tr>\n<tr>\n<td bgcolor=\"#486e01\" height=\"26\" valign=\"middle\" width=\"190\"><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/icon_04.jpg\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/spacer.gif\" complete=\"complete\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" align=\"left\">\n<div align=\"center\"><font face=\"Verdana, Times New Roman, Times, serif\"><font size=\"2\"><a href=\"http:\/\/www.facebook.com\/MichaelADeery?ref=name\" target=\"_blank\"><img decoding=\"async\" border=\"0\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/smm_fb.jpg\" complete=\"complete\"><\/a> <a href=\"http:\/\/twitter.com\/_MortgageExpert\" target=\"_blank\"><img decoding=\"async\" border=\"0\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/smm_tw.jpg\" complete=\"complete\"><\/a><a href=\"http:\/\/citywidefinancialcorp.com\/blog\" target=\"_blank\"><img decoding=\"async\" border=\"0\" alt=\"\" src=\"http:\/\/citywidefinancialcorp.com\/newsletter\/images\/smm_blog.jpg\" complete=\"complete\"><\/a><a href=\"http:\/\/citywidefinancialcorp.com\/\" target=\"_blank\"><br \/>\n <font color=\"#0033ff\" size=\"4\">Visit My Website<\/font><\/a><\/font><\/font><\/div>\n<div align=\"center\"><font face=\"Verdana, Times New Roman, Times, serif\"><font size=\"2\"><br \/>\n <\/font><font color=\"#0033ff\" size=\"4\">Call Michael At <\/font><\/font><\/div>\n<div align=\"center\"><font color=\"#0033ff\" size=\"4\" face=\"Verdana, Times New Roman, Times, serif\">(858) 200-9602<\/font><\/div>\n<div> <\/div>\n<div> <\/div>\n<div align=\"center\"><font color=\"#009900\" size=\"4\">Joke of the week!<\/font><\/div>\n<div align=\"center\"><font color=\"#009900\"> <\/font><\/div>\n<div align=\"center\"><span class=\"UIStory_Message\"><font color=\"#009900\">St Patrick is driving in New York and gets stopped for speeding. The state trooper smells alcohol on his breath and then sees an empty wine bottle on the floor of the car. He says, ‘Sir, have you been drinking?’ ‘Just water,’ says St Patrick. The trooper says, ‘Then why do I smell wine?’ St patrick looks at the bottle <span class=\"text_exposed_hide\">…<\/span><span class=\"text_exposed_show\">and says, ‘Good Lord! He’s done it again!<\/span><\/font><\/span> <\/div>\n<div> <\/div>\n<\/td>\n<p><\/tr>\n<\/tbody>\n<\/table>\n<p><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/center><br \/>\n <\/body><br \/>\n<\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Mortgage Market Insider Underwriters Reveal the Top 5 Reasons Why Loans are Being Denied! If it seems like underwriters are getting tougher with loan approvals these days then you are correct. From talking to 6 underwriters in the past few weeks about the state of our lending environment, I wanted to share […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":2383,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-2485","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/pages\/2485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/comments?post=2485"}],"version-history":[{"count":1,"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/pages\/2485\/revisions"}],"predecessor-version":[{"id":2486,"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/pages\/2485\/revisions\/2486"}],"up":[{"embeddable":true,"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/pages\/2383"}],"wp:attachment":[{"href":"https:\/\/www.michaeladeery.com\/blog\/wp-json\/wp\/v2\/media?parent=2485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}