Freddie Conventional vs SBL Underwriting

Which program would you prefer to have exposure to on the underwriting side and why? It seems like SBL is more straightforward whereas the conventional properties have more of a range on loan type (rehab, value-add, student, etc). 

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Either is fine, probably would base it on what you want to do next. On the conventional side you'll see a lot of institutional borrowers and standard stabilized properties, you can get some exposure to the products you mentioned but depends on your group and they're not doing that much of that right now. For the SBL side you can see some real weird stuff there because of the big cities they tend to be in and you'll get a lot of reps with the number of deals. 

 

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