I went through the same ordeal as well. It's hard to find "A" paper lenders if you have no experience and are new. Your best bet is to look in the Penny Saver for subprime lenders and fill out a broker application for every lender. In fact, any lender you come across, fill out a broker application. Broker apps are usually availble online at their website.
Also, if you know any friends who are mortgage brokers or come into contact with account reps of lenders, your application usually gets accepted with the referral. For example, I came across a rep for Flagstaff when I attended a Calyx Point training course. Because of my conversation with her, she gave me an application and told me to who to submit it to so it gets approved.
California Licensed Real Estate Broker and Investor
· 1 decade ago