That meant wading through lenders who asked for pay stubs and who freaked out when we didn’t have any, or even banks who weren’t interested in working with us at all. We did finally find a lender that was open minded and willing to work with us. It just took a lot of time and patience, and the underwriting process was long.
There is no rule saying that “the producer gets this percentage and the artist gets this percentage.” All of this is negotiable. What is important is that all creators understand and take advantage of what publishing rights have to offer. This involves having a conversation with your collaborators about the publishing percentage owned, and properly registering your share with a collection service like Songtrust. Alternatively, you could be the sole creator and automatically own and register at 100%.