Here's one for you...

Imagine getting an adjustable rate mortgage loan. And imagine that after the fixed interest rate period ended the interest rate on your loan began to adjust upwards. You would expect that adjustment and the subsequent adjustments every six months to be minimal, wouldn't you? Of course you would, otherwise you would experience payment shock, and that is not allowed to happen to a borrower. Except...

Now imagine that the ENTIRE MORTGAGE INDUSTRY adjusts that initial fixed rate upward over 100% from the starting rate in less a year? Apparently that's allowed to happen!

Well that is EXACTLY what happened between 2022 and 2023, and the entire lending landscape has now changed considerably, from the standard 30 year mortgage product all the way to the ground up construction loans for real estate developers, and every loan product in between.

And when something so monumental occurs, of course only the strong survive in this business, but more importantly...

The adept become ever more important. That is undoubtedly Spyglass Lending. We were there on the front lines off the subprime crisis that began in 2007, weathered that storm, and we are here now on the front lines of a new liquidity crisis in 2023. We will weather this storm as well.

Entrust your loan scenario with the experts: Private Money and DSCR for real estate investors. We were built for times like these.