NMLS# 258528
Licensed in AZ, AR, CA, CO, FL, ID, IA, MI, NE, NV, NJ, NM, OK, OR, SC, TX, UT, WA, WY
2750 E Cottonwood Pkwy Suite 660
Cottonwood Heights, UT
Mobile Number: 801-897-3222
Work Number: 801-307-4442
Matt Barrett is the Branch Manager of the Canyons Branch of Intercap Lending. Matt has been working in residential lending in the state of Utah for 20-years. He has a vast amount of knowledge and experience in the lending world. Determining what suits his clients best is Matt’s main goal. He specializes in Conventional, Investment, FHA, Grant Programs, VA, USDA, and many niche products. Feeling confident with your financial choices is important and by choosing someone with knowledge and experience you are ensuring a more positive outcome.
Agency guidelines typically credit 75% of market rent ($0) against the departing PITI for DTI. That produces a qualifying contribution of $0/mo. The cash-flow math above uses real-world expenses, which is what the borrower actually feels in their checking account.
A pristine 5-year-old build with HOA-handled exterior carries a different reserve than a 1970s home with an original roof. Toggle the condition preset to show clients an honest picture — landlord reality, not a brochure.
