This video discusses the most common things that can make a house or a borrower ineligible for secondary market financing, and explores other sources of financing for these situations. 

Topics Covered

• Issues that can make a property ineligible for the secondary market
• Comparing and contrasting secondary market loans with in-house or portfolio loans
• Alt-A borrowers and the use of portfolio lenders for those borrowers

Course Duration

• 10 minutes

About The Instructor

Melanie McLane is a second-generation REALTOR®, broker, and appraiser. A real estate educator, she was inducted into the REBAC Hall of Fame as an educator in 2008 and in 2012 was named by NAR as the RSPS (Resort and Second Property Specialist) of the Year in recognition of her educational contributions to that certification. She is also certified as a distance instructor (CDEI) and is an Appraiser Qualifications Board approved USPAP (Uniform Standards of Professional Appraisal Practice) Instructor. She has written numerous courses, both for her own use, and as works for hire for other educational companies.