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Curt Kessler: Buyer-Friendly Financing Options When Rates Are Rising
Manage episode 373252287 series 3499311
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In this episode, Dave and Curt discuss:
- Buying when it is right for you, not just when it’s a buyer’s market.
- What the current interest rates mean for you.
- Seller buy-downs, 2-1 buy-down mortgages, and assumable mortgages.
- Why you should talk to a mortgage specialist.
Key Takeaways:
- The interest rate on rent is ALWAYS 100%.
- Loans are underwritten based on what you can currently afford and the process is more stringent than it was back before 2008.
- There are more lending options available than most people are aware of.
- Do not buy a boat (or finance furniture or anything else) before the closing. This will throw off your “debt-to-income” numbers and likely affect your interest rate and/or ability to close as planned.
"Be careful. Talk to an advisor - a lender that you are comfortable with and trust." — Curt Kessler
About Curt Kessler: Curt is a residential real estate lender who looks through the lens of an adviser. Buying and owning real estate should be looked at as part of your financial portfolio. Not a painful transaction you go through a few times in your life. With the belief that the time to buy is when it's right for you, not when others say "it's a buyers market" Curt works to ensure the mortgage product you use is right for your personal situation and story.
Connect with Curt Kessler:
Website: grarate.com/CurtKessler
Text: 312-404-2878
Book: ckessler@grarate.com
YouTube: https://www.youtube.com/channel/UCA8EFopvnDAtQuGMnD8R5AA
LinkedIn: https://www.linkedin.com/company/guaranteedrateaffinity
Facebook: https://www.facebook.com/GuaranteedRateAffinity
Connect with Dave Nimick:
Website: https://thenimickteam.com/
Email: dave@thenimickteam.com
YouTube: https://www.youtube.com/channel/UC4WqeMs62CL3T5P-w6ncqbQ/videos
LinkedIn: https://www.linkedin.com/in/davenimick/
Facebook: https://www.facebook.com/thenimickteam
Dave Nimick is owner of The Nimick Team, Inc. with Keller Williams Realty
Show notes by Podcastologist: Chelsea Taylor-Sturkie
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
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