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Tips For Your Savvy Borrowers...

Help you real estate savvy borrowers can take advantage of low housing prices. We have the ability to finance up to 3 properties per borrower, and use rental income for subject property!

·   10 Financed Properties will allow a borrower to finance up to 3 properties.  For example, if you own 15 properties but only 7 are financed, we will allow you to finance another 3 properties.

·   No Rapid Acquisition
As long as you qualify we will allow for the purchase of up to 3 properties at one time!

·   Rental Income
If you have 5 or more financed properties and have a two-year landlord history, BankerBroker will allow for rental income to be used on the subject property.

·    Let your Friends know of this opportunity

The Easiest Bank Statement Program in the Industry! call it Stated Income Mortgage, NO 4506, VOE or No Income Mortgage or whatever!!!....

posted Apr 27, 2015, 11:25 AM by Massey Kouhssari   [ updated May 23, 2015, 10:18 AM ]

California Only

The Easiest Bank Statement Program in the Industry!

Qualify with:

  • 100% of Deposits for Personal Statements!
  • 50% of Deposits for Business Statements! 
  • Don't look at Withdrawals!
  • Don't look at Overdrafts!
  • No P&L! 
  • No Reserves! 

85% LTV - 2yrs from Foreclosure, Short Sale or BK

Up to $2,000,000 Loan Amounts

Requirements:                                                   Learn More Click Here!
  1. 24 Months of Statements
  2. Owner Occ. w/ 600 Fico, Non Owner & 2nd Homes w/500 Fico
  3. Self Employed and 1099 borrowers only
  4. Only 6 NSF's in most recent 12 months
Click for Rates & Quotes

Outside Dodd-Frank (Stated)

Contact your BankerBroker Today!

Servicing California only mortgage loans  949.244.1880

The Nations Non-Prime Lender!
California Department of Real Estate License 01872368
Nationwide Mortgage Licensing System 288498


For mortgage professionals only.  This information is intended for the exclusive use of licensed real estate and mortgage lending professionals in accordance with local laws and regulations.  Distribution to the general public is prohibited.   Rates and programs are subject to change without notice.

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Save Virtually Any Purchase Loan - BankerBroker Non-Prime Loans

posted Apr 23, 2015, 10:25 AM by Massey Kouhssari is your Purchase Money Savoir!

We can SAVE your Purchase Loans with programs like:

  • 85% LTV - No PMI - 24 months from Foreclosure, Short Sale or BK

  • Bank Statements for income upto 85% LTV
    • No 4506T's
    • No P&L's
    • No tax returns

  • No Reserves

  • 50% DTI (including FTHB)

  • Use 100% Gift Funds or Gift of Equity!

  • Loan amounts to $2mil O/O

  • Loan amounts to $1mil N/O

  • True Stated for N/O

Plus many more programs including:

  • 1yr out of Short Sale to 80% LTV or 1 day out to 75% LTV!
  • Condotel's 
  • Non-Warrentable Condo's
  • Foreign Nationals
  • and much more!
CALL 949-244-1880

Stated Income Home Loans: Asset Depletion income

posted Apr 15, 2015, 5:37 PM by Massey Kouhssari

Adding Asset Depletion income is a powerful tool for qualifying more loans:


The borrower’s assets can be used, in addition to traditional income calculations, if needed to help qualify. See attached grid for monthly income based on age and total of eligible assets.


Eligible assets include:


          Checking and savings accounts

          Money Market Accounts


          Publicly traded stocks


          Mutual Funds

          Trust funds

          Retirement accounts- only if the borrower is of retirement age

          Cash out- on a case by case basis

·       Assets do not need to be withdrawn/moved or pledged.

·       Provide most recent 2 months statements for all accounts used to qualify.

·       Pricing adjustment of .25 to fee for Asset Depletion.

·       This can be used for o/o, 2nd home and NOO transactions.

·       Portfolio ARM Product


Please call or email me for additional information and/or questions. Massey K. 949-244-1880

Mortgage One day out of Short sale, Foreclosure, Bankruptcy, Loan Modification

posted Apr 14, 2015, 6:01 PM by Massey Kouhssari   [ updated Apr 14, 2015, 6:46 PM ]

Mortgage One day out of shortsale, Foreclosure, Bankruptcy, Loan Modification


·                  :. 5/1 ARM ONLY

·                  :. Primary, Second & Investment

·                  :. SFR, PUD, Condo & 2-4 Units

·                  :. 70% LTV up to $1MM with 720 FICO

·                  :. 60% LTV up to $2.5MM with 720 FICO

·                  :. 60% LTV up to $1MM with 620 FICO

·                  :. 55% LTV up to $2.5MM with 620 FICO

·                  :. Cash-out is allowed for N/O/O & 2-4 Units

·                  :. NO Seasoning on Cash-Out

·                  :. Cash Back to Borrower: Max equal to 55% LTV

·      :. Gift Funds are allowed after a min. 30% down payment from borrower’s own fund


Option 1: Full Documentation

Option 2: 1 Year Tax Return or 1 Year W-2 Option 3: 12 Month Personal Bank Statements Option 4: Most recent 12 months P&L

Option 5: CPA OR Tax Preparation Firm Letter

(Option 4 & 5) - Most recent 3 months of PERSONAL bank statements are also required.

Contact Your BankerBroker® Massey Kouhssari


Loans are made or arranged pursuant to CalBRE No. 01872368 & NMLS No. 288498. This information does not represent a commitment to enter into a loan agreement by BankerBroker Real Estate & Mortgage and/or its affiliates. Please note that all information is provided for informational purposes only. Not all

programs are available in all areas and rates and costs stated do not apply to all loans made. Underwriting guidelines and program restrictions apply. Terms and programs listed are subject to change without notice.

Reduction of Federal Housing Administration (FHA) annual Mortgage

posted Jan 19, 2015, 10:21 PM by Massey Kouhssari

Date: January 9, 2015
To: All Approved Mortgagees
Mortgagee Letter 2015-01
Subject Reduction of Federal Housing Administration (FHA) annual Mortgage
Insurance Premium (MIP) rates and Temporary Case Cancellation Authority
Purpose This Mortgagee Letter (ML) communicates revised annual MIP rates for FHA
Title II forward mortgages and provides opportunity for cancellation of
existing case numbers in order to utilize the MIP rates contained in the ML.
Background Pursuant to its statutory mandate, FHA continuously strives to achieve the
appropriate balance between meeting the housing needs of the borrowers
FHA’s mortgage insurance programs were created to serve and minimizing
the level of risk undertaken relative to the insurance of those mortgages.
FHA has determined that the appropriate balance of its statutory operational
goals now requires a reduction of the rate of annual MIP charged pursuant to
Section 203(c)(2)(B) of the National Housing Act (NHA). As provided in
this ML, the total annual MIP charged pursuant to sections 203(c)(2)(B) and
(C) for most Title II Single Family forward mortgages has been revised as
provided in this ML.
Effective Date This ML is effective for case numbers assigned on or after January 26,
Affected Topic This ML reduces the rate for annual MIP for all Title II forward mortgages,
with terms greater than 15 years, except;
 single family forward streamline refinance transactions that are
refinancing existing FHA loans that were endorsed on or before May
31, 2009;
 Section 247 mortgages (Hawaiian Homelands)
This ML supersedes the annual MIP rates established in ML 2013-4. All
other sections of ML 2013-4 remain in effect.
Mortgagee Letter 2015-01, Continued
Revision to
The following table shows the existing and the new annual MIP rates by
amortization term, base loan amount and Loan to Value (LTV) ratio. All
New MIP amounts set forth in this table are effective for case numbers
assigned on or after January 26, 2015.
Term > 15 Years
Base Loan Amt. LTV Previous MIP New MIP
≤ $625,500 ≤ 95.00% 130 bps 80 bps
≤ $625,500 > 95.00% 135 bps 85 bps
> $625,500 ≤ 95.00% 150 bps 100 bps
> $625,500 > 95.00% 155 bps 105 bps
Term ≤ 15 Years
≤ $625,500 ≤ 90.00% 45 bps 45 bps
≤ $625,500 > 90.00% 70 bps 70 bps
> $625,500 ≤ 78.00% 45 bps 45 bps
> $625,500 78.01% - 90.00% 70 bps 70 bps
> $625,500 > 90.00% 95 bps 95 bps
To allow mortgagees to obtain the reduced annual MIP rates contained in this
ML for loans in process with active FHA Case Numbers, FHA will
temporarily approve cancellation requests for active FHA Case Numbers
within 30 days of the effective date of this ML.
FHA will provide operational details on case cancellations through FHA Info
notifications and on FHA’s lender information page available at
4000.1 FHA
Single Family
Housing Policy
The policy in this ML is being incorporated into the 4000.1 FHA Single
Family Housing Policy Handbook as Appendix 1.0 as shown in Attachment
1 of this ML.
Questions Please address any questions about the topics addressed in this Mortgagee
letter to the FHA Resource Center at 1-800-225-5342. Persons with hearing
or speech impairments may reach this number via TTY by calling the Federal
Information Relay Service at 1-800-877-8339. For additional information on
this Mortgagee Letter, please visit
Signature ______________________________________________________________
Biniam Gebre
Acting Assistant Secretary for Housing - Federal Housing Commissioner

Commercial Real Estate Loans for Gas Stations

posted Sep 21, 2014, 4:38 PM by Massey Kouhssari   [ updated Sep 21, 2014, 4:39 PM ]

BankerBroker Gas Station Commercial Loans

Commercial Real Estate Loans for Gas Stations

BankerBroker provides gas station commercial loans for gas station, service station, gas and c-store and other similar property types located in all 50 states and the District of Columbia. Gas station commercial property loans are available for the acquisition or refinancing of above average condition properties.


In recent years, gas station financing has become more and more difficult due to a dynamic and ever changing industry, environmental concerns, strict supplier agreements and other external factors negatively impacting the industry.


BankerBroker understands these challenges and has created special purpose gas station financing to meet the individual needs and requirements of its clients.


Gas Station Financing - Eligible Property Types -


Properties eligible for BankerBroker's gas station commercial real estate loan program should be of above average condition, environmentally compliant and located in medium and above market sectors.


  • Loans Must be Secured by Real Estate
  • Brand or Non-Brand
  • Gas With C-Store
  • Owner-Occupied or Investor Properties
  • Convenience With Limited Food Service OK
  • Established Businesses Only - No Start Ups -


Gas Station Commercial Loans - Program Highlights -


  • Minimum Gas Station Commercial Mortgage Loan Size is $500,000
  • Loan Collateralized by Commercial Real Estate - No Business Only Financing
  • Acquisition or Refinance of Stabilized 
    Gas Station Properties
  • Minimum 660 Credit Score
  • 3, 5, 7, 10 Year Fixed Rates
  • 15, 20, 25, & 30 Year Amortizations
  • Flexible Prepay Options
  • 75% LTV - Subordinate Debt OK
  • 3 Years of Historical Income Req.
  • Low Minimum 1.40 DSCR


Initial Gas Station Loan Documentation Requirements


To consider a request for financing, BankerBroker requires the following documentation:


  • 3 Years Business Tax Returns
  • 3 Years Borrowers Tax Returns
  • Business Interim Financial Statements
  • AR/AP Schedule
  • Schedule of Inventory
  • FF&E Breakdown
  • Franchise Agreement if Applicable
  • Supplier Agreement
  • Phase l / Phase ll Report


To learn more about BankerBroker's gas station financing contact a commercial mortgage professional today at 1-949-244-1880


For borrower seeking 80% gas station financing, BankerBroker offers borrowers an SBA loan option. Contact a gas station commercial mortgage professional for more information.

Foreign National Program: Work Visa / Immigrant / Expatriate Home Purchase Program

posted Sep 16, 2014, 5:30 PM by Massey Kouhssari   [ updated Sep 16, 2014, 6:06 PM ]

Work Visa program - max 80% LTV


We will need to review the following items for a loan pre-approval.


You can receive a pre-approval with a TBD address and an offer letter.


  • Fannie Mae 3.2 file
  • Complete 1008 / 1003 with the last three years employment and residence history. Follow link to fill out application:
  • Copy of offer letter or work contract and / or work visa and latest paystub if received.
  • US credit report if they have a SS#. No credit score or low score is allowed.
  • SS# or ITIN# required before funding.
  • Typically no foreign credit report is required.
  • If they do not yet have a SS# you can submit with no US credit and leave this section blank.
  • Complete asset statements (foreign funds are usually acceptable) for net worth review. Screen shots are not allowed. Convert foreign funds to the USD equivalent on your 1003. Please note - the more assets you can list the easier it is for us to approve a file.
  • Please add the spouse to the loan if possible (pull a joint credit report if they have a SS # but none is required).
  • If the spouse is not on the loan please divide any shared asset by 50%.
  • Stocks, vested options, mutual funds, bonds etc. are used at 100% face value and consider liquid for reserve purposes (see rates sheet for requirements).
  • We allow the seller to cover up to 6% in closing costs AND HOA dues.
  • We always ask what they are doing for a car and debt them 500.00 per spouse if no cars are listed as an asset. Some exceptions apply.
  • We will offer a car loan (or two) and credit card (or two) should they need these immediately. The mortgage, car loan, and credit card will all appear on their US credit.
  • Please qualify at 6.00% over the start rate for the 3/1, 2.00% over the start rate for the 5/1, and use the start rate for the 7/1.


Please let me know if you have any questions.


Foreign national - pre-approval checklist max 50% LTV


  • Fannie Mae 3.2 file
  • 1008 / 1003 with complete two year residence and job history.
  • US credit report will be needed if they have an established SS#. No score or false / low score is ok if due to a lack of credit.
  • SS# or ITIN# required before funding.
  • Complete personal asset statements dated within 30 days (no screen shots allowed).
  • Please convert all foreign assets to USD equivalent on the 1003. Remember that we use income and assets as our key qualifiers so the more you can list the better.
  • Copy of their passport or visa allowing entry into the US.
  • Foreign paystubs dated within the last 30 days if wage earner.
  • Copy of the last two year’s personal and business tax returns and YTD P&L if self-employed.
  • If married or a spouse is present please add to the loan if they share assets used to qualify. If removing a spouse please divide shared assets by 50%.
  • Use 740+ base rate and add:
  • .75% for foreign national.
  • .50% for NOO. Or .25%  2nd / vacation home ( must be in resort area ).
  • All income, assets, PITI, and employment info must be translated by a US based certified translation company.
  • Qualify at the max rate for the 3/1 arm, 2.00% over the start rate for the 5/1 arm, and the start rate for the 7/1 arm.

For Translation Services we accept the following translation companies:

Foreign National Full Doc. Purchase Loan Checklist:

  • Signed Purchase Agreement
  • Last 2 years Tax Returns or equivalent Verifiable Employment Contract or letter
  • 2 years W-2 and current paystub (if applicable)
  • 12 months cancelled checks for verification of rent/mortgage (if applicable
  • 3 months copies of personal bank statements (all pages)
  • Asset Statement (401K, Brokerage Accounts, Mutual Funds, Stocks, etc) all pages
  • Signed loan application
  • Mortgage Statement or Coupons/rental agreements
  • Borrower's signed authorization
  • Driver's License and Social Security Card - or Equivalent ID and/or Passport
  • HOA Documents
  • Home Owner Insurance provider info & dec. page 
  • $25 Credit Card payment for each borrower on the loan payable at  this link:         

Submission Checklist for Foreign NationalsForeign National Home Purchase Program - Work Visa Immigrant Expatriate program


FHA's new "Back To Work" Program

posted Aug 28, 2014, 5:57 PM by Massey Kouhssari   [ updated Mar 28, 2015, 1:34 PM ]

FHA “Back to Work” Program: Get Your Consulting Requirement Fulfilled Here

We are here to help you get the required Consulting that is needed to obtain a new FHA mortgage – even if you’ve recently lost your home or declared bankruptcy.

About the Program

Under the new federal program called “Back to Work – Extenuating Circumstances”, if you have had a foreclosure, short sale, deed-in-lieu of foreclosure, or have declared bankruptcy you may qualify for a new home loan if you are back to work and can document the extenuating circumstances. is here to help you complete the program qualifications.

Do You Qualify?

FHA will consider you for eligibility if you had a financial hardship in the past but can now document the following circumstances about yourself:

1.       You meet FHA loan requirements

2.       You can document the mortgage or credit problems resulted from a financial hardship

3.       You have re-established a responsible credit history

4.       You have completed HUD-approved housing Consulting

A lender will first have to determine if you meet the FHA loan requirements before you can apply for a FHA loan under the Back to Work program. You will need to explain how the financial hardship was something beyond your control that reduced your income or caused you to lose employment. If your household income dropped by 20% or more for at least six months, it may count for this type of financial hardship.

To re-establish credit you must have a 12 month record of on-time rental housing payments with no delinquencies, and not have been 30 days late on more than one non-housing loan payment. If you still have any open collection or judgment accounts, then a “capacity analysis” will be done to see if you can repay those creditors.

How to Get Started

To start an application with a us as your FHA-lender you must first take a “Pre-Purchase Consulting” phone interview with a HUD approved housing Consulting agency 30 days before you start the application. A certified counselor will assess your debt, ability to afford the mortgage, features of the mortgage, explain mortgage insurance and the loan application process. is a HUD-approved housing Consulting agency, and can help you make sure you have done everything you need to do to access the “Back to Work–Extenuating Circumstances” program. You will need to complete your Consulting at least 30 days before you apply for a new FHA mortgage. Your certificate is valid for 6 months.’s Pre-purchase Counsulting offers the HUD-approved housing consulting that is required for your FHA loan application.

If the recession caused a loss of income that led you to lose your home or declare bankruptcy, you can call for Pre-purchase Counsulting and ask about the “Back to Work” program. 877-410-6663


How long after bankruptcy, BK, foreclosure or shortsale can I buy a house? or How long does bad credit can effect my record?

posted Jul 8, 2014, 10:44 AM by Massey Kouhssari

 Fannie MaeFreddie MacFHAVA
Bankruptcy(Chap. 7 or 11)4 Years from dismissal/discharge date48 months from discharge/ dismissal date2 Years2 Years
Bankruptcy (Chap. 13)2 Years from the discharge date, or 4 Years from dismissal date24 months after discharge date, or 48 months from dismissal date2 Years from discharge date12 Months with approval from Trustee or BK Judge
Mult. BK Filings (Past 7 Years)5 Years from most recent dismissal/ discharge date60 months from most recent discharge/ dismissal dateN/AN/A
Foreclosure7 Year waiting period84 months from completion date as reported on the credit report3 Years2 Years
Deed-in-Lieu of Foreclosure and Pre-foreclosure Sale2 Years - 80 % Max LTV, 4 Years - 90 % Max LTV, 7 Years - LTV Ratios per Eligibility Matrix48 months from the execution date3 Years2 Years
** Please note: This matrix does not include timeframes for extenuating circumstances. Please see the appropriate handbook/manual for further details. 
Short Sale:  You can buy a home 1 day after short sale & receive financing Call for details Massey Kouhssari 949-244-1880


posted May 12, 2014, 7:09 AM by Massey Kouhssari   [ updated May 12, 2014, 7:31 AM ]

What is Priority Financial`s FHA Home Office Sponsor ID?

Please click on the link. : Sponsor ID 1883900009


What is Priority Financial`s preferred Appraisal Management Company?

Appraisal Selection Services Inc.


What is the maximum loan amount for my borrower?
HUD County Loan Limits


How can I find out if the property my borrower is purchasing is an approved condo association with HUD? 
HUD Approved Condo Associations


Where can I get more information on the 203K Rehabilitation Program or refinancing a property that needs upgrades, renovations or repairs?
HUD 203K Rehabilitation Program


What loan fees does Priority Financial require be disclosed on the GFE?

Loan Fees: $350 Underwriting Fee to FAMT $650 Administrative Fee to FAMT
Lender Paid Compensation must also be correctly disclosed on the GFE
Please Note: No other fees should be listed in the first section of the GFE

What is Priority Financial`s Mortgagee Clause?
Loss/Payee Clause Title and CPL

Priority Financial Network dba of 

BM Real Estate Services, Inc

5016 N. Parkway Calabasas, Suite 200, Calabasas, CA 91302

Hazard Insurance Binder:

BM Real Estate Services, Inc

5016 N. Parkway Calabasas, Suite 200, Calabasas, CA 91302

Please note: Binder must cover 100% replacement cost. Provide paid receipt.

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