12. What are the Capital Network Fudning (CNF) Underwriting Considerations?

CNF’s primary concern when arranging a loan secured by a Deed of Trust is protective equity, for this reason CNF is principally categorized as an “Asset-Based Loan Originator.” Though credit is a factor, equity in the collateral together with evidence that the borrower has the ability to repay the loan are required before CNF will ever offer the loan to its investor clientele.

Credit scores, low debt ratios and income are always a factor, but on their own they won’t qualify the borrower to get a loan through CNF. The supposition being, if a borrower stops making payments, it won’t be good credit scores and decent debt ratios that’ll enable him or her to repay the loan. The lender must look to the collateral for the return of his or her investment.

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