This is sample editorial content published to demonstrate the article template. No rates, ratios, or limits are stated.
Government lending has a reputation problem among brokers who have not written it recently. Most of the objections trace back to how the process worked years ago rather than how it works now.
Myth: you need your own agency approval
Qualified brokers can be sponsored for FHA and VA origination through JMAC. That single fact removes the most common reason shops skip government business entirely.
Myth: government loans always close slowly
Timing problems on government loans usually come from documentation gaps discovered late, not from the programs themselves. Loans submitted complete move at the same pace as the rest of the pipeline.
- Submit a scenario before ordering third-party reports.
- Confirm appraisal ordering requirements up front.
- Use the checklists in the JMAC help center for your first few loans.
Myth: there is no margin in it
Government borrowers refer other government borrowers, and the referral partners who serve them are among the most loyal in the business. Skipping the segment costs more than it saves.
Sample editorial content for prototype purposes. Intended for use by real estate and lending professionals only and not for distribution to consumers. Programs are subject to change without notice and this is not a commitment to lend.