The Mortgage Reports Podcast: Recent Episodes
Themortgagereports.com
The Mortgage Reports podcast is operated by Full Beaker, Inc. NMLS# 1019791. Join Mortgage experts as they reveal tips, tricks, hacks, and knowledge to help you buy a home, refinance or invest in real estate. Whether you’re in the market for your first home, looking to buy a house with little money down, ready to refinance, or interested in investing in real estate - this podcast has a lot of easily digestible information for all things mortgage. The Mortgage Reports Podcast is hosted by a variety of mortgage and real estate experts with hands-on knowledge to help you through the home buying process step by step.Ivan Simental (@theivansimental) is a Mortgage Loan Office with 6 years of experience. He has a passion for empowering potential homebuyers to purchase their first home. Ivan uses social media to share unique information, tips, and advice about buying, refinancing, or investing in real estate. NMLS No. 1762746Arjun Dhingra (@arjunmortgage) is a mortgage banker and business development manager of 20 years based in San Francisco. He has a passion for creating high-quality content on all topics related to mortgages and making better real estate decisions. NMLS No. 1166050Visit themortgagereports.com for more!
Embarking on the journey to homeownership can be exhilarating yet daunting for first-time buyers. In this episode, Mortgage Expert, Ivan Simental NMLS# 1762746 guides you through the vital questions that every first-time homebuyer should ask. Join us as we uncover not only the common inquiries but also those often overlooked, and how these questions can transform your home buying experience.
Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
Equal Housing Opportunity.
Are you facing the challenging decision of removing someone from a mortgage? Whether it's a divorce, a change in financial circumstances, or a co-borrower's desire to step away from the responsibility, navigating the process can be daunting. In this episode, Mortgage Expert Ivan Simental NMLS# 1762746 explores the strategic approach of using refinancing as a means to remove a name from a mortgage. He shares insights into the refinancing process, highlighting its potential benefits and drawbacks.
But is refinancing the only option? Tune in as we delve into the question of whether it's possible to remove someone from a mortgage without the need for a full refinancing process.
Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
Equal Housing Opportunity.
In this episode of The Mortgage Reports Podcast, host Craig Berry NMLS# 200401 is joined by Rebecca Richardson aka @the.mortgage.lender on TikTok, a top originator in the mortgage industry. Rebecca shares her journey of how she stumbled into the mortgage business and her passion for finance. With a strong presence on social media, she discusses her success on platforms like TikTok and Instagram. Tune in to learn more about Rebecca's story and her unique perspective on the mortgage industry.
The views and opinions expressed are those of the speakers and do not necessarily reflect those of The Mortgage Reports.
Jump ahead to listen:
[00:01:03] About Rebecca's experience in mortgages
[00:06:29] Break down of the home buying experience, for first-time buyers
[00:09:31] Why working with a transparent lender is key
[00:11:27] Understanding interest rates and housing market.
[00:15:59] The 2023 housing market, explained
[00:23:43] Using TikTok for home buyer education
[00:26:09] Being your authentic self
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Equal Housing Opportunity.
Are you a first-time homebuyer feeling lost in the world of credit scores and mortgage qualifications? In this enlightening episode, mortgage expert Ivan Simental NMLS# 1762746 dives into the crucial factors that determine a good first-time buyer credit score and unravel the mystery behind credit score requirements for various loan types. He also provides tips on how to get your credit score in good shape.
Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
In this episode, Mortgage Expert, Ivan Simental NMLS# 1762746 explores the intricacies of buyers' markets and sellers' markets. He breaks down the essential differences between these two market types, exploring what characterizes each and how they influence your journey as a buyer or seller. Tune in to gain valuable insights, actionable tips, and a comprehensive understanding of how to navigate the shifting tides of real estate markets.
Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
In this episode of the Mortgage Reports Podcast, host Craig Berry NMLS# 200401 welcomes Mark Gordon, the Chief Revenue Officer of Princeton Mortgage. Mark shares his expertise in the mortgage industry, discussing his role in helping loan originators reach their full potential through coaching and guidance. He highlights the importance of supporting younger individuals reach their next level of success. By addressing and conquering their obstacles, individuals can unlock their full potential and pursue their career aspirations with confidence.
Read more about Mark Gordon on themortgagereports.com
Jump to Listen Ahead:[00:02:29] Changes in Mark's role.
[00:04:29] Overcoming limited mindsets.
[00:06:23] Radical transparency.
[00:11:02] The Princeton Promise.
[00:12:37] Transparency and accountability.
[00:16:11] Player's mindset and discipline.
[00:22:29] Selling real estate strategies.
[00:24:31] Partnering to accelerate business growth.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
In this episode of The Mortgage Reports Podcast, host Craig Berry NMLS# 200401 is joined by mortgage expert and founder of My LFG Energy Society, Arjun Dhingra NMLS# 1166050. They discuss the positive impacts of higher mortgage rates. They also explore the importance of financial literacy in today's market and how lenders can make a difference in the real estate industry. Arjun shares his journey into the mortgage business and highlights the need to bridge the financial literacy crisis in the US.
Read more about Arjun Dhingra on themortgagereports.com
Jump to Listen Ahead:
[00:01:42] Accidental entry into mortgage business.
[00:05:21] Normalizing the housing market.
[00:07:04] Negotiating in the real estate market.
[00:11:30] Interest rates and value.
[00:15:18] Financial literacy in America.
[00:21:01] Being commoditized in the industry.
[00:27:03] Pitting rate shopping against consumer's best interest.
[00:34:37] Lower mortgage rates in future.
[00:37:07] My LFG Energy Society.
[00:43:25] The housing market crash.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
In the current real estate landscape, potential homebuyers and homeowners are constantly keeping a watchful eye on mortgage rates, hoping to secure the best deal for their dream homes or to refinance their existing loans. But what will bring these rates down? In this episode, mortgage expert Arjun Dhingra NMLS# 1166050 breaks down the factors that influence mortgage rates and explores potential scenarios that could lead to a decline in rates.
Learn more about home buying, refinancing and real estate investing at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Join mortgage expert Ivan Simental NMLS# 1762746 as he discusses the concept of debt-to-income ratio (DTI) and its crucial role in determining your ability to purchase a home. Whether you're a first-time buyer or considering a new mortgage, understanding the significance of DTI is essential for navigating the homebuying process with confidence.
Ivan guides us through the ins and outs of DTI. He discusses what DTI is, how it is calculated, and why lenders consider it when assessing your mortgage application. Gain valuable insights into the ideal DTI range and learn strategies for managing your DTI, including tips for reducing debt and increasing income to improve your financial profile.
Read the article "Debt-to-income ratio for mortgage explained"
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
In this episode of The Mortgage Reports Podcast, host Craig Berry NMLS# 200401 is joined by Matthew Van Fossen, entrepreneur and CEO of Absolute Home Mortgage & Mortgage Automation Technologies. They discuss the need for innovative technological solutions in the mortgage industry and the benefits that both consumers and lenders can gain from this. Van Fossen emphasizes the importance of embracing technological advancements and understanding consumer evolution to remain competitive in the mortgage lending industry. Tune in to hear more about the evolving landscape of mortgage technology.
Read more about Matt Van Fossen on themortgagereports.com
Jump to Listen Ahead:
[00:02:06] Mortgage origin stories
[00:05:58] Advocacy for mid-sized mortgage banks.
[00:09:05] Advocacy and Technology in Mortgage Industry.
[00:11:00] Consumers will evolve.
[00:15:31] The loan pod technology.
[00:17:27] Loan pod innovation.
[00:21:27] A singular portal for consumers.
[00:25:08] Consumer choice in mortgage process.
[00:28:01] Mortgage automation technology customers.
[00:33:32] The Digital Mortgage Initiative.
[00:35:14] True digital-based mortgage.
[00:38:50] What's coming next for you?
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
In this episode, mortgage expert Arjun Dhingra NMLS# 1166050 dives into the advantages of high interest rates across various economic sectors. He explores the reasons why elevated interest rates can be a positive force for individuals, businesses, and the overall economy.
Learn more about home buying, refinancing and real estate investing at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
In this episode of The Mortgage Reports Podcast, host Craig Berry NMLS# 200401 is joined by Mike Hardy, principal and co-founder of CYRUS Opportunity Zone Fund and managing partner of California & Nevada business for Churchill Mortgage. They discuss the current state of the housing market and compare it to the market before the housing crisis 15 years ago. Mike shares how he got into the mortgage industry and his journey from being a pre-med student to becoming a successful mortgage professional. Mike also shares his personal journey of transitioning from a "do it yourself" mentality to outsourcing tasks and protecting their time to focus on their zone of genius.
Read more about Mike Hardy on themortgagereports.com
Jump to Listen Ahead:
[00:02:03] Transition into mortgage industry.
[00:07:19] Healthy homes and families.
[00:08:25] Finding your zone of genius.
[00:12:43] Automate, delegate, or eliminate.
[00:19:31] Focus and determination.
[00:22:21] Dramatic under supply of homes.
[00:25:11] Affordability and housing demand.
[00:29:31] Conflicting forces in the market.
[00:33:11] Prolonging Gen Z's ability to buy.
[00:37:07] Opportunity zones.
[00:41:09] The Almanac of Naval Ravikant.
[00:44:41] Overcoming fear in real estate.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
In this episode, mortgage expert Ivan Simental NMLS# 1762746 tackles the topic of downsizing your home and explores the strategic use of home equity to facilitate a seamless transition to a smaller property. Whether you're an empty-nester looking to simplify your lifestyle or someone seeking to optimize your finances, downsizing can offer a range of benefits.
Ivan discusses the various options available, including selling your current home, using the equity to make a cash purchase, or utilizing it as a down payment for a new property. Discover the potential financial advantages of downsizing and learn about the important considerations involved in assessing your home's value and estimating your equity.
Whether you're approaching retirement, seeking a simpler lifestyle, or looking to free up funds for other goals, this episode will equip you with the knowledge and strategies to leverage your home equity effectively.
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
In this episode of The Mortgage Reports Podcast, Craig Berry NMLS# 200401 is joined by Brad Nix, CEO and co-founder of Path & Post Real Estate. They discuss the current housing market and provide tips for buyers and sellers on how to navigate it. Brad, with 25 years of experience in real estate, shares his insights on the unique nature of the current market and how it differs from previous downturns like the 2008 housing collapse. Tune in to gain valuable knowledge on the current state of the housing market and how to make the most of it.
Jump to Listen Ahead:
[00:01:48] The unique current housing market.
[00:06:54] Choosing the right agent.
[00:07:45] Checking agent reviews and results.
[00:11:14] Understanding seller's priorities.
[00:14:03] Pre-closing walkthrough and home condition.
[00:22:07] If mortgage rates drop.
[00:24:36] Affordability in America.
[00:29:58] Don't rely on headlines.
[00:32:12] Connecting with Brad Nix.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
In this episode, mortgage expert Arjun Dhingra NMLS# 1166050 dives into one of the most common dilemmas faced by prospective homebuyers and investors: Should you wait for lower interest rates or make a purchase now?
Arjun explores the factors that influence this choice and provide valuable perspectives for listeners. Discover the potential risks and rewards associated with timing the market and the advantages and disadvantages of waiting for lower interest rates. Whether you're a prospective homebuyer or an investor, you'll gain practical insights to help you make informed decisions.
Learn more about home buying, refinancing and real estate investing at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
In this episode, mortgage expert Arjun Dhingra NMLS# 1166050 explores the captivating world of real estate and tackles the burning question on everyone's minds: Why hasn't the housing market crashed?
Over the past few years, the housing market has experienced remarkable growth and resilience, defying expectations of a significant downturn. Despite economic uncertainties, rising interest rates, and occasional bubbles in the market, the housing sector has remained steadfast.
Join Arjun as he dives into the factors contributing to the housing market's remarkable stability despite economic uncertainties and potential pitfalls.
Whether you're a prospective homebuyer, an investor, or simply curious about the intricacies of the economy, this episode sheds light on why the housing market continues to defy expectations.
Learn more about home buying, refinancing and real estate investing at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
In this episode, Mortgage Expert Ivan Simental NMLS# 1762746 dives into the intricacies of buying and selling a home simultaneously, a real estate juggling act that requires careful planning and strategy. Whether you're upgrading, downsizing, or relocating, the challenge of coordinating the sale of your current home with the purchase of a new one can be daunting.
Ivan explores the crucial steps involved in successfully managing both sides of the equation, offering valuable insights and practical tips to make your dual transaction a smooth and stress-free experience. He also discusses how to make financing work from different options including home equity line of credit (HELOC), 401k, bridge loans and more.
Read the article ">> Read the article "Buying and Selling a House at the Same Time: How You Can Make It Work"
Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
In this episode, mortgage expert Ivan Simental NMLS# 1762746 delves into the critical task of determining your budget and finding the perfect price range for your dream home. Whether you're a first-time buyer or a seasoned homeowner looking to upgrade, understanding your financial limits and aligning them with your housing aspirations is key to a successful home purchase.
Join Ivan as he discusses:
- The factors that impact how much you can spend on a home
- Calculating how much you can actually afford
- What lenders look for when qualifying a mortgage
- Tips to find a comfortable home price range and obtain loan approval
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
In this episode, Mortgage Expert, Ivan Simental NMLS# 1762746 explores a unique strategy for aspiring entrepreneurs: utilizing home equity to kick-start their business dreams. He shares his insights on how to navigate the process of using home equity and discusses the potential advantages, such as lower interest rates and flexible repayment options, as well as the risks and challenges associated with this approach.
From understanding the eligibility criteria and the impact on your home ownership to calculating the ideal loan amount and considering alternative funding sources, Ivan covers the key factors you need to know before leveraging home equity. Whether you're a first-time business owner or a seasoned entrepreneur, this episode equips you with essential knowledge to make informed decisions and unlock the potential of your home equity for entrepreneurial success.
Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
In this episode Mortgage Expert, Ivan Simental NMLS# 1762746 tackles the delicate art of negotiating with a stubborn seller and explores when it's best to walk away from a deal that's just not working out.
Ivan explores tactics for dealing with stubborn sellers and guides listeners through the intricacies of negotiating with finesse, providing invaluable advice on when to stay and when to walk away from a deal. He also discusses the consequences of not walking away, such as overpaying or ending up with a less-than-desirable deal.
Whether you're a prospective homebuyer, an investor, or a real estate enthusiast, this episode provides you with the tools and insights needed to master the art of negotiation. Don't miss out on this valuable opportunity to enhance your negotiation skills and make informed decisions when faced with stubborn sellers.
Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
In this episode Mortgage Expert, Ivan Simental NMLS# 1762746 discusses the common challenge faced by many first-time home buyers: buying a home while carrying the burden of student debt. Ivan provides valuable insights and practical tips for those eager to become homeowners despite their educational loans including:
- Managing debt-to-income ratios
- Improving credit scores
- Finding mortgage options that cater to individuals with student loans
- Increasing income and reducing expenses
Don't let student debt hold you back from owning a home. Start your journey toward homeownership today by listening to this insightful episode.
Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
The value of homes has increased collectively by $1 Trillion. If you're looking to tap into that equity, there are several options to consider. In this episode Mortgage Expert, Ivan Simental NMLS# 1762746 discusses ways to tap into equity including,
- Home Equity Loan
- Home Equity Line of Credit (HELOC)
- Cash-Out Refinance
- Reverse Mortgage
- Sell or Downsize
- Home Equity Investment
It's important to consider the potential risks and costs associated with each option. Before proceeding, you should consult with a financial advisor or mortgage professional to determine which method best suits your financial goals and circumstances.
Read the article "Homeowners Gained $1 Trillion in Equity. How Can You Tap Into It?"
➡️ Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com
📌The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
Whether you're planning to sell your house or just looking to upgrade, there are certain improvements that can significantly increase your property's worth. In this episode, mortgage loan expert Ivan Simental NMLS# 1762746, explores the best renovations to consider if you want to add value to your home.
Ivan covers everything from simple cosmetic upgrades to more extensive renovations, such as adding a new bathroom or renovating your kitchen. He offers valuable insights and tips on how to budget, plan, and execute successful home renovation projects that will pay off in the long run.
Read the article "Best Loans for Home Improvement | 6 Types 2023"
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
In this episode, mortgage loan expert Ivan Simental NMLS# 1762746 breaks down the role of the Federal Reserve in regulating the country's monetary policy and provides insights into how its decisions impact interest rates, inflation, and the overall economy.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
In this episode, mortgage loan expert Ivan Simental NMLS# 1762746 breaks down the pros and cons of renting vs. buying and provides practical advice on how to make the best decision for your particular situation. Ivan also shares some common misconceptions about renting and buying and offers insights on factors to consider, such as location, finances, and personal goals. Whether you're a first-time homebuyer or a seasoned renter, this episode will provide valuable insights to help you make an informed decision.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
In this episode, mortgage expert Ivan Simental NMLS# 1762746, explores the benefits and drawbacks of adjustable-rate mortgages (ARMs) in the current economic climate. They discuss how ARMs differ from fixed-rate mortgages, and how they can be a good option for certain borrowers who are looking for lower initial payments or who plan to sell their home before the rate adjusts. Ivan also offers advice on how to determine whether an ARM is the right choice for a particular borrower's financial situation, taking into account factors such as the current interest rate environment and the borrower's plans for the future.
Read the article "Adjustable-rate mortgage guide: How ARM loans work"
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
In this podcast episode, mortgage expert Shivani Peterson NMLS# 866955 discusses the topic of a 40-year loan term, including its advantages and disadvantages. She delves into how this extended loan term can affect a borrower's overall financial situation and explores some alternative loan options that may be more suitable for certain individuals. Shivani also offers some tips on how to determine the best loan term for your unique financial needs and goals.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
In this episode, mortgage loan expert Ivan Simental NMLS# 1762746, shares insights into the requirements and challenges involved in obtaining a mortgage loan as a self-employed individual in 2023. Listeners will learn about the different types of mortgage loans available to self-employed individuals, the documentation required to qualify for a loan, and tips on how to increase their chances of qualifying. This episode is a valuable resource for self-employed individuals who are considering applying for a mortgage loan.
Read the article "Self-Employed Mortgage Loan | Requirements 2023"
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Do you own a home that you hate living in, but choose to stay because your payment is low? If so, you might be wondering what your options are. In this episode, mortgage expert Shivani Peterson NMLS# 866955 discusses the following points:
- Americans are moving less than at any time since 1948. What are the possible reasons?
- If you feel trapped in a house you hate because of the super low rate – could you use it as a rental and use the increased cash flow to offset a higher mortgage payment on your new primary?
- How much equity do you have – have you run the numbers on how much of a mortgage you’ll actually need on the other side? It might be less than you think, given how much equity many homeowners have in their current homes. That would result in a lesser mortgage payment even if rates are higher.
- Do you want to tap into a HELOC or cash-out refinance to make your home more suitable?
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Read about all the home equity resources available right now for homeowners.
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
In this episode, mortgage expert Shivani Peterson NMLS# 866955 discusses a concerning statistic in the real estate market: 39% of home buyers cannot afford a 5% down payment. She dives into the reasons behind this trend, including rising housing prices and stagnant wages. Shivani also explores potential solutions to help more people achieve homeownership, such as government programs and alternative financing options.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Read the article "39% of Home Buyers Can't Afford 5% Down Payment"
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
If you are searching for a home you've likely run into problems with low inventory. Mortgage rates are higher than they've been in years, new home construction has decreased, and many homeowners are staying put.
In this episode, Ivan Simental NMLS# 1762746 discusses the issue of low housing inventory right now, what to expect in the coming months, and offers his advice to first-time home buyers who are buying in this volatile market.
Read the article "Housing market predictions for 2023: Rates, prices, and inventory"
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
With the recent news of SVB bank filing for bankruptcy, you might be wondering how bank failure might impact real estate now and in the future. In this episode mortgage expert, Shivani Peterson NMLS# 866955 covers the following talking points,
- The role the Fed plays
- The impact we’ve seen on interest rates and how that could continue
- How this may sway buyer confidence and demand for housing
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Homeowners and potential homeowners will see some major changes impacting mortgage costs in May 2023. While loan-level price adjustments have always existed, in this episode mortgage expert, Shivani Peterson NMLS# 866955 dives deeps into these NEW changes.
She discusses how they will impact mortgage interest rates and what they mean for homeowners. Later, she discusses strategies potential homeowners can use to save on costs or take advantage of these changes.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Looking to make a big purchase? Need extra cash? Home equity lines of credit (HELOCs) are one of the cheapest forms of borrowing while credit cards are one of the most expensive. However, sometimes a credit card might be a better option. Other times, tapping your home equity could make more sense.
In this episode mortgage expert, Ivan Simental NMLS# 1762746 helps you to discover which may be a better match for your needs.
Read the article "HELOCs vs Credit Cards: Which is The Better Option?"
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
New homeowners might try to avoid private mortgage insurance (PMI) at all costs. It's usually thought of as a "bad" thing that you don't want as a homeowner. However, there are many benefits to having PMI.
In this episode mortgage expert, Shivani Peterson NMLS# 866955 discusses the benefits of having private mortgage insurance.
Read the article "Is PMI Bad? No. Here Are The “Silent” Benefits Of Mortgage Insurance"
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Mortgage relief can come in many forms. Whether you need a lower rate and payment or a break from making payments altogether, there are options. In this episode, Ivan Simental NMLS# 1762746
Read the article "Mortgage assistance and relief programs | 2023"
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Buying a home can make tax deductions a little better for homeowners! In this episode, Ivan Simental NMLS# 1762746 discusses 3 important tax deductions for homeowners.
Read the article "How The Mortgage Interest Deduction Helps Homeowners" now on themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Have mortgage rates peaked? Will they continue to increase? When will they go down? In this episode mortgage expert, Ivan Simental NMLS# 1762746 provides a mortgage interest rates forecast for the rest of 2023.
Read the article now on themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
With mortgage rates increasing, you might be wondering if buying a house or investing in real estate is even worth it this year. The big question is, If you buy a home in 2023, will it appreciate in the long run? The bigger question is, should you buy now or wait?
In this episode, mortgage expert Shivani Peterson NMLS# 866955 answers these questions and more:
- If you buy a home in 2023, is it likely to appreciate?
- How long will you have to wait in order to see appreciation and amortization gains?
- Will you get the same return as someone who bought last year or someone who buys next year?
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Home prices dropping dramatically nationwide. If you're thinking about buying a house in the future, you're probably wondering if you should buy now at a discounted price. You're probably also wondering if it's too risky to buy in today's higher-rate market. In this episode, mortgage expert Shivani Peterson NMLS# 866955 answers those questions and more:
- How will rates impact supply and demand this year?
- If you didn’t qualify in the price range you wanted due to higher rates, should you wait for them to come down?
- How will lower rates impact your ability to negotiate with a seller?
- How low could rates go and how fast?
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Buying a house is a major financial commitment that comes with costs that you might now be aware of. Of course, there's the downpayment. However, there are other costs associated with owning a home.
In this episode, Ivan Simental NMLS# 1762746 discusses how much money you should realistically have saved before buying your first home. Later, he gives some great tips for starting to save money for your first home.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
When preparing to get a mortgage and buy a new home, it’s important to do things beforehand in order to present yourself as a strong borrowing candidate.
In this episode, Ivan Simental NMLS# 1762746 tells you what NOT to do before buying a house.
Or, you can read the article What not to do before buying a house: 7 Mistakes to avoid
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
If you own a home you are probably worried about what will happen to your home value during a recession. With a recession predicted in 2023, let's discuss how that could affect your home value.
In this episode mortgage expert Ivan Simental NMLS# 1762746 has the answer to your question, "what will happen to my home value during a recession?"
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Are you getting ready to buy your first home in 2023? Maybe you're just now getting prepared? Are you confused about how to start the home-buying process?
In this episode mortgage expert Ivan Simental NMLS# 1762746 talks about the 5 most important things to know about buying a house in 2023.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
We hear the same advice all the time - buy the worst house, in the best neighborhood. Is this always true? Are there times when it's actually better to buy the BEST house in the worst neighborhood? Is there a middle ground?
In this episode, mortgage expert Ivan Simental NMLS# 1762746 talks about the situations when buying the ugliest house on the block have paid off big time. Later, he discusses the pros and cons of buying the nicest house in a "bad" neighborhood.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
We don't know about you, but the thought of sitting in a big new house without furniture or a completed yard sounds like a pretty bad situation. That is why when preparing to buy a house it's super important to account for all expenses. We're talking everything - beyond the downpayment and closing costs. You do not want to be "house poor" after purchasing your first home. Keep in mind that, yes, while the idea of buying your dream home might cloud your judgment, you'll still have an entire life to finance even after the sale is finalized.
In this episode mortgage expert Ivan Simental NMLS# 1762746 explains the meaning of "house poor" and teaches you how to properly prepare so that you don't find yourself in such an unfortunate, but totally preventable situation.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
If you're looking to invest in real estate it's important to know which cities offer the most potential and return on your investment.
In this episode, Ivan Simental NMLS# 1762746 discusses the top 5 cities to invest in real estate.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Buying a brand new, expensive, dream-home sounds amazing- in theory. However, in the long run, paying a mortgage on the home at the top of your budget is probably not the best decision. This doesn't mean you could never own your dream home, it just means that there is a more sound strategy to get you into that home over time.
In this episode, mortgage expert Ivan Simental NMLS# 1762746 discusses the reason why you should probably pass on the home that will max out your budget and what to do instead.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Most home sellers and buyers wait until the warmer months to either list their homes or start house-hunting. With the changing housing market, maybe you don't want to wait that long. There are definite pros to entering the housing market in the Winter and over the holidays.
In this episode, mortgage expert Ivan Simental NMLS# 1762746 goes over the benefits and disadvantages you might face while listing or shopping for a new home during the holiday season.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
There are a lot of headlines in the news about mortgage interest rates. Some of these headlines are confusing while others are downright scary. It's important for you, as a current or future home buyer, to properly understand how to track and understand interest rates.
In this episode, mortgage expert Shivani Peterson NMLS# 866955 talks about some of the current headlines that may be misleading, and how you can track mortgage rates like a pro.
Mortgage rates don't have to be scary, there are lots to learn - if you have the right tools!
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
As inflation continues, Americans are turning to their credit cards to survive. If you already own a home and are looking to pay down your credit card debt, a HELOC might be an option for you. If you are looking to buy a home or own a home, here's what you need to know about your credit card debt and how it impacts your home loan applications and chances to buy a property.
Shivani Peterson discusses the following topics:
- Credit utilization - what percentage should future homeowners aim for?
- Is credit card debt bad for future homeowners?
- Should you close your credit cards before applying for a home loan?
- How to manage credit card debt as a current homeowner?
- How to use a HELOC to pay off credit card debt? Should you?
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Everyone, especially homeowners and potential buyers are wondering if the housing market will crash in 2023? In this episode mortgage expert Arjun Dhingra NMLS# 1166050 explains what would cause the housing market to crash and why it's probably unlikely to happen soon.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
How much do mortgage rates really matter in the grand scheme of things? Yes, mortgage rates have risen and may continue to rise. However, mortgage rates never stay the same, they will always change. Furthermore, the housing market is constantly transitioning. There's a lot more to think about when buying a home than the rate of your current mortgage.
In this episode, mortgage expert Arjun Dhingra NMLS# 1166050 dives into the current mortgage rates and why it's important to look at the big picture.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
If you want to buy a home, but are on the fence due to the looming recession you might be asking yourself - should I continue to rent during the recession or should I buy a home instead? What makes the best sense for you?
In this episode, mortgage expert Ivan Simental NMLS# 1762746 discusses the pros and cons of renting vs. owning a home during a recession. He'll help you decide what is the best choice for you.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
If you're thinking about buying a house, you might be wondering about what happens if you want to sell your future home, but still, owe a mortgage.
In this episode mortgage expert, Ivan Simental NMLS# 1762746 discusses this scenario.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
If you are thinking about selling your house you might be worried about the looming recession. If you're thinking about selling your house right now, you probably have a lot of questions about what will happen to your home value during a recession, and what will happen to rates...should you sell now, or wait?
In this episode, mortgage expert Ivan Simental NMLS# 1762746 discusses everything you need to know about selling a house during a recession - or, even, before a recession hits.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
In this episode mortgage expert, Shivani Peterson NMLS# 866955 presents the economic forecast for the housing market throughout the end of 2022 and into 2023. She discusses what home buyers can expect regarding:
- Recession
- Inflation
- Interest Rates
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
At what point in the home-buying process should you shop around for rates? How do you even go about shopping for mortgage interest rates?
In this episode, mortgage expert Ivan Simental NMLS# 1762746 gives his best professional advice for shopping for a mortgage, comparing interest rates and even choosing the best lender for you.
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
If you have equity in your home you've probably heard of home equity lines of credit. So, what is a HELOC? How does a HELOC work? Should you use a HELOC?
In this episode, mortgage expert Ivan Simental NMLS# 1762746 breaks down the HELOC option and helps you decide if you should tap into your home equity with a HELOC.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Real estate contingencies - what does that even mean? How are contingencies changing in today's housing market? What contingencies do mortgage loan officers recommend be included and never removed before buying and which ones should you waive?
In this episode, mortgage expert Ivan Simental NMLS# 1762746 answers these questions and many more about real estate contingencies.
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
The housing market is correcting. Interest rates are rising. We are in a buyer's market. Home prices are dropping. But, could all this change lead to a housing meltdown or financial crash like what happened during the Great Recession of 2008?
In this episode mortgage expert, Ivan Simental NMLS# 1762746, discusses the current market, compares it to the housing market of 2008, and shares his prediction about the housing market possibly melting down (or not.)
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
What are your options if you lock a mortgage and then rates fall? Unfortunately, you can't just unlock your rate and get the lower rate. However, there are various options to take to get a lower rate.
In this episode mortgage expert, Ivan Simental NMLS# 1762746, discusses the steps to take if you lock a mortgage in a higher interest rate market and what to do once they drop.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
The housing market has recently shifted into a buyer's market. This could put some home buyers in a prime position to get the best deals on their mortgages.
What does the shift mean for home buyers and sellers? Will home prices be lower? Are houses on the market longer? Is it easier to negotiate prices and concessions?
In this episode mortgage expert, Ivan Simental NMLS# 1762746, discusses why right now in buyers market is the best time to buy a house, even with higher interest rates.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
With rising interest rates in today's market, it might take first-time home buyers a bit more financial planning to prepare to get approved for a mortgage.
In this episode, mortgage expert Ivan Simental NMLS# 1762746 discusses ten tips to take before you purchase a home in a higher interest-rate market.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Shopping for a mortgage takes some time, but it’s worth it in the long run. In this episode, mortgage expert Shivani Peterson NMLS# 866955 discusses why choosing the right mortgage lender for your circumstances is one of the most important steps in the home-buying process. She details a plan for shopping for and ultimately choosing the right mortgage lender for you.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
The housing market has changed a lot this year and has introduced some challenges to those who are looking to buy a home in 2022. However, there are still plenty of reasons why 2022 is a great year to buy a home.
In this episode, mortgage expert Ivan Simental NMLS# 1762746, shares the top 3 reasons to buy a house this year.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
If you're hoping to learn how to save money on your first home, get the most bang for your buck, and have the best home-buying process possible, this episode is for you! Mortgage expert, Ivan Simental NMLS# 1762746 reveals little-known home buying tips for first-time home buyers.
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
With the cooling housing market, buying a home in 2022 and beyond could become a lot easier for first-time home buyers, and here's why.
In this episode, Ivan Simental NMLS# 1762746 explains why right now is a great time to buy. He dives into the current market, credit scores, and down payment assistance programs that are back this year.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
The housing market of the past 2 years was NOT normal or healthy. Housing was the hottest sector in the economy during the past two years. This was an artificial housing market that was being kept low on purpose to keep the economy going.
Now we are entering a more "normal" market, and the news is full of fearful headlines. In this episode mortgage expert Arjun Dhingra NMLS# 1166050 gets real about the previous market, the current market, and what that means for hopeful home buyers.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing and real estate investing at themortgagereports.com
Most first-time home buyers are concerned with having enough down payment funds, but that's only part of the total cost of homeownership. In this episode mortgage expert, Shivani Peterson NMLS# 866955, breaks down all the expenses you need to be prepared for when buying a house such as closing costs and other fees. Later, Shivani shares great strategies to save and be prepared for these costs so you're not surprised.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
These home buyers are feeling relief in the current volatile housing market. In late 2022, rates are higher, inventory is still low and some home buyers have been priced out of the market. With all of these changes, some home buyers who were struggling with purchasing a home last year due to high housing prices and multiple offers on a single home are now able to secure homes.
In this episode mortgage expert, Shivani Peterson NMLS# 866955, discusses the current housing market of 2022, upcoming predictions for home prices and rates, and recent home buyer success stories including,
- How a home buyer with a lower down payment and FHA loan was able to get their offers accepted
- Contingent offers being accepted
- Clients who were outbid on 10 offers last year, just got their offer accepted
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Is buying a house during a recession a good or bad idea? An economic downturn could be an opportune time to buy a house, but it could also bring along financial instability and stress.
In this episode mortgage expert Ivan Simental NMLS# 1762746 discusses the pros and cons of buying a house in a recession. He goes into detail about
- Home prices during a recession
- Mortgage rates
- Financial stability
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing and real estate investing at themortgagereports.com
Living with roommates? Why not buy a home and have your roommates pay rent to you!? This "house hack" is a path to homeownership that not a lot of people use.
In this episode, Ivan Simental NMLS# 1762746 talked about house hacking:
- What mortgage loans are available?
- What rules and other requirements are there?
- How can this help make home-buying more affordable?
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Home buyers in 2022 can receive tax benefits and tax credits that could reduce the cost of buying a home.
In this episode Ivan Simental NMLS# 1762746, discusses:
- Updates on President Biden's proposed home buyer credit
- Advice for buyers who are wondering about potential tax credits
- How tax advantages associated with purchasing a home might reduce the cost of buying and homeownership
- How home buyers can apply for tax credits
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Many home-buyers and homeowners are wondering how the housing market might be impacted if the economy turns into a recession.
In this episode, mortgage expert Arjun Dhingra NMLS# 1166050, discusses the questions that are on everyone's mind as forecasts of a recession loom:
- Will home prices decrease or increase during a recession?
- Should you buy a home during a recession or wait?
- Should you refinance during a recession or wait?
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Homeowners are sitting on a lot of equity. You might be wondering if now is a good time to refinance in order to access that equity - even with rates being higher?
In this episode, mortgage expert Shivani Peterson NMLS# 866955, goes over scenarios where refinancing at a higher rate might be worth it and scenarios where you should wait to refinance.
- Homeowner equity is at an all-time high – so people may be wondering what they can do with it.
- Reasons you shouldn’t pull equity out.
- Reasons it would make sense to pull equity out, even if your payment and rate will go up
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
The fed continues to increase mortgage interest rates. The good news is that it might now be bad news for home buyers. There is a silver lining here! So if you're hoping to buy a home in the current market, this episode is for you.
Mortgage expert, Shivani Peterson NMLS# 866955, breaks down the current housing market with rising rates:
- The economics of how the Fed has to tackle inflation
- How inflation drives long-term rates and what this means for today's buyers
- Historically how interest rate hikes have played out
- What we can expect for the rest of the year with the fed increasing interest rates
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
The Closing Disclosure can be confusing at first glance. It is an overview of your final home loan costs - including your closing costs. This important document should be read thoroughly to ensure that you fully understand the costs associated with your new home loan. The closing disclosure includes explanations for costs, such as - closing costs, loan fees, interest rate, real estate taxes, home purchase price, and other costs regarding your loan.
In this episode, mortgage expert Ivan Simental NMLS# 1762746 goes into detail about the Closing Disclosure, why you should take the time to read it, what it means, what's listed, and what happens after it's signed.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Real estate investing can be very expensive and may feel unattainable to some potential investors. However, it remains one of the best investments to make. Rental properties can be lucrative and profitable.
The good news is that there are several ways to finance an investment property even if you don't have loads of cash on hand.
In this episode, mortgage expert Shivani Peterson NMLS# 866955 breaks down:
- What’s the difference between a rental property purchase versus a home you are going to live in? (Down payment, interest rate, underwriting)
- How do mortgage loan experts decide if you can afford a rental?
- How mortgage loan officers analyze the potential rental income.
- Special loan programs for investors (debt service coverage ratio)
The key is to consider real estate as an asset class and whether it’s the right one for you to invest in and to make sure you understand your monthly cash flow.
Learn more tips, tricks, and hacks about home buying, refinancing and real estate investing at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Financial planning is key to buying your first home and securing a financially successful future with a new home. From ways to save money with mortgage loan products, to tips to possibly reduce your mortgage and advice to plan a monthly budget while factoring in your new mortgage.
In this episode, Shivani Peterson NMLS# 866955 reveals some great budgeting tips and homebuying hacks to save you money.
Tips Shivani discusses:
- How to ask for a rate buydown, instead of a price reduction from the seller.
- A look into all loan products – ARMs, buydowns, long-term locks.
- Tips to analyze your other monthly debts - If your housing expense is going to be more (which is likely even if you rent), how do you need to adjust your budget for other bills? Can you pay something off to boost your cash flow and buying power? How will your income change over the next 6 months?
Learn more about home buying, refinancing and real-estate investing at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Different scenarios exist for homeowners to improve their loans through a refinance even as inflation pushes rates higher. So, is now a good time for YOU to refinance? In this episode, Ivan Simental NMLS# 1762746 discusses who would benefit the most from refinancing in 2022 - and, who should wait.
Most industry experts predict interest rates will rise throughout the rest of 2022 given the Federal Reserve’s likely actions to offset inflation — which could ultimately help home buyers.
Read the full article Four smart reasons to refinance with rates above 5% now on themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
With home prices skyrocketing over the last two years, and interest rates on the rise, many folks in the mortgage industry — and outside of it — have been heard using the term "housing bubble." As a homeowner or home buyer, how concerned should you be when you hear that term? We explain why real estate buyers shouldn't worry about a housing bubble in the near future.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Learn more about home buying, refinancing and investing at themortgagereports.com
If you're feeling uneasy with the current housing market in 2022 - you're not alone. Lots of new and experienced home buyers are struggling to decide if they should buy now or wait. It's natural to feel scared to make a large purchase in uncertain times.
In this episode, mortgage expert Shivani Peterson NMLS# 866955 addresses the biggest fears plaguing home buyers today and how to work through those fears to actualize your dream of owning a home.
- Concerns about a “bubble”
- Concerns about Personal Finance
- Concerns about living somewhere you don’t like, and why you need to in order to buy the house you really want
Learn more about the home buying process, refinancing, and how much mortgage you can afford on themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Mortgage rates have been increasing since the beginning of 2022. Now, it's May 2022 - and you probably have lots of questions.
In this episode Shivani Peterson NMLS# 866955, answers some of the most important questions about rising rates:
- When will mortgage interest rates stop rising?
- How high will rates get before they plateau?
- How will rising rates impact the housing market?
- Why is the Fed taking action to raise mortgage interest rates?
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
There are simply not enough houses right now to meet the demand of home buyers. This shortage tips the housing market in the seller's favor - driving inflated home prices. But, what exactly is driving the lack of inventory?
In this episode, mortgage expert Arjun Dhingra NMLS# 1166050 discusses the 2 main reasons why inventory is so low and what to expect going forward.
Learn more about home buying, refinancing and real estate investing at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
If you've found your dream home and are desperate to buy it, writing a letter to the seller could definitely benefit you says themortgagereports.com podcast host Ivan Simental NMLS# 1762746. Learn more in this episode!
The Mortgage Report Podcast is presented and operated by FULL BEAKER, INC. NMLS# 1019791
Learn more about home buying and refinancing at themortgagereports.com
Mortgage rates are already well above 4% -- which, previously, was the highest many experts thought they'd go in 2022.
Now, how high do we think rates could go before the end of the year? Will they plateau, and when?
In this episode, Ivan Simental NMLS# 1762746 delivers the best insight on mortgage rates rising in 2022 and beyond.
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS# 1019791
Learn more about home buying and refinancing at themortgagereports.com
Rising inflation will impact home buyers and homeowners alike, but don't expect a crash. Here's how inflation is affecting housing in 2022. In this episode, Ivan Simental NMLS# 1762746 discusses inflation and homeownership.
The Mortgage Report Podcast is presented and operated by FULL BEAKER, INC. NMLS#1019791
Learn more about buying and refinancing your home at themortgagereports.com
It's a common problem for buyers in the market today: Find a house you love. Make an offer. Get beat out by an all-cash offer. But you don't have to relive the same scenario again and again. Believe it or not, it is possible to win against an all-cash offer.
In this episode, Ivan Simental NMLS# 1762746 discusses his tips and strategies you can use to beat an all-cash offer.
Learn more at https://themortgagereports.com/
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
The real estate market has seen a lack of inventory, resulting in bidding wars and causing house values to rapidly increase. Does a higher purchase price automatically mean a higher down payment? Is it even possible to buy a home with a low down payment in 2022?
In this episode, Ivan Simental NMLS# 1762746 discusses how to make financed offers with low down payments or down payment assistance more appealing to sellers.
Learn more at https://themortgagereports.com/
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
While rising rates can hurt affordability, will they also help buyers by reducing demand? Will competition for homes be less due to high rates? Will home values drop?
In this episode, Ivan Simental NMLS# 1762746 discusses the current and future state of home buying and the increasing interest rates.
Learn more at https://themortgagereports.com/
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Over the past couple of years, home prices have grown exponentially. And now, interest rates are rising, too. If you're looking to buy a house soon you might be wondering if you should buy ASAP or wait and see if the market cools in 2023.
In this episode, Ivan Simental NMLS# 1762746 breaks it all down for those of you who are weighing a decision like this and helps you decide if homeownership makes sense right now, or if it’s better to wait.
Learn more home buying, selling, and refinancing tips, tricks, and hacks at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Home prices have been surging for the past few years. Will this trend continue into 2022 and beyond?
In this episode, Ivan Simental NMLS# 1762746 discusses his predictions in the real estate market.
Learn more home buying, selling, and refinancing tips, tricks, and hacks at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
With interest rates going up, will home price growth finally go down?
It’s a fair question. And while it’s something home buyers desperately hope for after what we’ve seen over the past year, the answer isn’t totally black and white.
In this episode Arjun Dhingra NMLS# 1166050 discusses the following points:
- How will home prices be affected by inflation?
- Where does affordability go from here?
- Is the housing market going to crash?
- Advice for your next move
Read the full article at themortgagereports.com
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
The Federal Reserve will move forward with tightening its fiscal policies in 2022, just not as aggressively as originally planned. In this episode, Arjun Dhingra NMLS# 1166050 discusses why borrowers looking to refinance or buy a home should act quickly before interest rates likely increase in the months ahead.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Read the full article at themortgagereports.com
A bridge loan can help ease some of the financial strain that comes with selling one home while buying your next home or investment property. If you're planning on using the profit from selling your current home towards another property, a bridge loan might be for you. In this episode, Arjun Dhingra NMLS# 1166050 teams up with Sofia Nadjibi, President of Golden Gate Lending to explain what a bridge loan is, who is eligible for a bridge loan, and provide examples of when it's the right time to use a bridge loan.
Zillow has seen massive losses recently. Throughout 2021 Zillow overspent on tens of thousands of homes in an unprecedented home-buying spree. Then, in late 2021 it all came crashing down. Zillow exited the "iBuying" business and their stocks plummeted. The news reported that this might be an indicator that a housing market crash is soon to follow.
In this episode, Arjun Dhingra NMLS#1166050 discusses why he feels that Zillows efforts will not cause the housing market to crash and what he thinks will happen instead.
Call it the unintended consequence of debt-free living: With no visible evidence that you’ve managed credit accounts in the past, mortgage lenders will be nervous about your ability to repay a loan in the future. There’s no history for them to go on.
Thankfully, you may not need a traditional credit profile to get a mortgage–approved.
In this episode, Ivan Simental NMLS# 1762746 discusses how to get a mortgage if you have no credit history.
Read our complete guide to buying a home with no credit history on themortgagereports.com
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
Many experts now speculate the Fed will raise interest rates sooner than initially planned; maybe as early as March. And it could hike rates four times (up from three) over the course of the year.
In this episode, In this episode, Ivan Simental NMLS# 1762746 discusses why significant mortgage rate growth could take off in the next few months. It also means if you’re betting on interest rates to decline before you buy a home or you pushed off refinancing, the interest rate environment might never be lower than it is now.
Read the full article on themortgagereports.com
Are you wondering about mortgage insurance and if it's actually required? Maybe you want to know how to avoid it altogether? In this episode, Ivan Simental NMLS# 1762746 breaks down everything you need to know about mortgage insurance:
- The basics of mortgage insurance: how it works and why it's required
- Conventional PMI vs FHA MIP, USDA mortgage insurance, VA funding fee
- Is mortgage insurance bad?
- When can you get rid of mortgage insurance?
- Should you save 20% to avoid PMI?
- Strategies to avoid PMI if you really want (LPMI, piggyback loan, etc.)
Get all these questions answered in this episode!
Visit themortgagereports.com for more.
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
In this episode, Ivan Simental NMLS# 1762746 answers the most common questions he is asked by first-time home buyers.
- How much mortgage can you afford?
- What will your mortgage payment be?
- What do I need to qualify for a home loan?
- What is my interest rate?
Learn more about home buying tips and advice at themortgagereports.com
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
Do you feel confused about the whole mortgage loan process? We get it, it can feel daunting. In this episode, Ivan Simental NMLS# 1762746 breaks down the entire process so you can feel confident applying for a mortgage loan.
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
Learn more at themortgagereports.com
In a competitive market like today, you might feel pressured to lock in a mortgage rate especially if you find a home you love. It's important to prepare and to slow down. In this episode, Ivan Simental NMLS# 1762746 discusses the most important steps to take before buying a home.
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
Learn more about home buying tips and advice at themortgagereports.com
Mortgage rates have started to rise and should go higher in 2022. In this episode, Arjun Dhingra NMLS#1166050 explains why and what it means for you.
Visit themortgagereports.com for more tips, tricks, advice, and knowledge on purchasing or refinancing your home!
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
Read more at themortgagereports.com
Home prices and rent are skyrocketing, it's anything but normal right now. What will happen in 2022? What could turn things around and cause a drop in prices or increase inventory? Arjun Dhingra NMLS#1166050 discusses all of this and more.
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
Learn more at themortgagereports.com
In this episode, Ivan Simental NMLS# 1762746 discusses the FHA loan and offers amazing advice for first-time homebuyers who are considering an FHA loan.
Visit themortgagereports.com for more tips, tricks, advice, and knowledge on purchasing or refinancing your home!
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
If your student loans have stopped you from buying your first home, this episode is for you! A recent change to the FHA home loan guidelines has made it much easier for borrowers with student loans to own a home. Ivan Simental NMLS# 1762746 breaks down all the changes and why this is great news for those who are hoping to purchase their first home soon!
Visit themortgagereports.com for more.
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
House hacking allows the owner to live for free, renters pay the mortgage, and allows the homeowner to start an investment property. In this episode, Ivan Simental NMLS# 1762746 breaks down the topic of house hacking. What is house hacking? Is house hacking worth it? How do you get qualified to own an investment property? Can you buy a second home after purchasing your investment property? What's the difference between house hacking and traditional investing?
Get all these questions answered in this episode!
Visit themortgagereports.com for more.
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
The short answer is YES! You can buy a house with student loan debt. But, it's going to take a bit more planning. In this episode, Ivan Simental NMLS# 1762746 dives deep into what it takes to get pre-qualified for a home loan if you are right out of college and have student loan debt.
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
Visit themortgagereports.com for more home buying tips!
In this episode In this episode, Arjun Dhingra NMLS#1166050 discusses the key reasons why the current housing market shouldn't necessarily be compared to the housing market during The Great Recession. And, why now is still a good time to buy a house.
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
Refinancing has boomed in the last year, and it’s no wonder why. With rates at historic lows and homeowners sitting on record amounts of equity, many borrowers have saved thousands.
And if you haven’t refinanced yet? It’s not too late. Over 15 million homeowners are still ‘in the money to refi according to data firm Black Knight.
As mortgage expert Arjun Dhingra NMLS# 1166050 says, now may be the perfect time to do it.
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
Visit themortgagereports.com for more home buying tips!
If you’ve ever wished that there were some way you could get help affording a down payment so you could purchase a home that you love, you’re in luck: there is.
In a recent episode of The Mortgage Report podcast, Ivan Simental NMLS# 1762746, mortgage advisor at @theivansimental tackled how to qualify for down assistance programs when buying a home, if such programs could be right for you, and the pros and cons of using such programs.
The Mortgage Report Podcast presented and operated by FULLBEAKER, INC. NMLS#1019791
Looking for some advice on leveraging the equity in your home? Mortgage advisor Arjun Dhingra NMLS#1166050 of the Mortgage Reports podcast recently tackled the trending hot topic of homeowners and cash-out refinances. Here’s what he had to say.
The Mortgage Report Podcast presented and operated by FULLBEAKER, INC. NMLS#1019791
Mortgage expert, Arjun Dhingra NMLS#1166050 tackles a hot topic: buying real estate in today’s inflated market.
With home prices hitting record highs, many would-be buyers are wondering whether it makes sense to invest in real estate right now — or wait for prices to level out.
Arjun discussed what inflation is, how it impacts real estate, and what you can do to hedge yourself against it. Here’s what you should know about investing in real estate and how to make smart financial decisions during times of high inflation.
The Mortgage Report Podcast presented and operated by FULLBEAKER, INC. NMLS#1019791
It’s the million-dollar question and Ivan Simental NMLS# 1762746, mortgage advisor at @theivansimental and host of The Mortgage Report podcast is tackling it: do you actually need two years of employment history before you can buy a house?
The answer is yes, but according to Simental, there’s more to the story than that. “There are a few caveats around that,” he notes. So what are they? What do mortgage lenders actually require? Find all your answers here!
The Mortgage Report Podcast presented and operated by FULLBEAKER, INC. NMLS#1019791
If you have ever wondered how much money you need to save for a down payment on a house or how much money you should put down (hint: sometimes more is not always better!) Ivan Simental NMLS# 1762746 has you covered.
In this podcast episode, he explained if you actually need to have 20% down in order to buy a home and how you can decide how much to put down. Here’s what he had to say about down payments and home mortgages.
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
If you’re looking to buy a house but you have bad credit, we have some good news for you: you may still be able to get a mortgage loan. In this episode, Mortgage Expert Ivan Semintal NMLS # 1762746, gives the best advice on buying a house with a low credit score.
Bad credit, or even not-so-great credit isn’t the automatic deterrent for a home loan that it once was says Ivan Simental, mortgage advisor at @theivansimental and host of themortgagereports.com podcast. In a recent episode, Ivan discussed how exactly you can still buy a house, even if you have bad credit.
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791
In this episode, mortgage expert, Ivan Semintal NMLS# 1762746, reveals how to buy a home with zero out-of-pocket. He also breaks down the difference in down payment and closing costs and what you might expect to owe at closing. Don't let a 20% downpayment hold you back from buying a house. Did you know that most homeowners don't put 20% down because they qualify for programs that allow you to put much less down? You might even qualify for a 0% down mortgage or a down payment assistance program.
The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791