Banks have a rigorous and set list of specific criteria such as requiring documentation of cash flow, credit bureau reports, TDS/GDS ratios, geographic areas, and more. If a borrower struggles to meet any of these criteria they will be declined. We are an equity lender and as such our primary focus is on borrower’s experience and cash equity instead. Because the banks have a tight snapshot of what they deem acceptable, they open up new markets for private lenders like Benson.