11min chapter

The Building Culture Podcast cover image

#7 R. John Anderson - An Insightful Journey From Tradesman to Developer

The Building Culture Podcast

CHAPTER

Exploring Small Balance Loans and their Benefits

This chapter of the podcast delves into the world of small balance loans, discussing their advantages over commercial loans. The speakers emphasize the ease of loan approval and non-recourse nature of small balance loans, while also explaining the requirements for obtaining them. They also compare different loan products, such as Fannie Mae and FHA loans, highlighting the benefits of Fannie and Freddie's private mortgage insurance and the potential for cash-out refinancing.

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