))
Ep 9: Top 7 Mortgage Tips
Manage episode 322970638 series 3012587
Content provided by Bill Litton. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bill Litton or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
What should future home buyers know? On today’s episode, we discuss the top 7 mortgage tips out there and how they apply to the home buying process. Don’t let a non-exceptional credit score prevent you from applying for a mortgage. Even with a perfect score, you may be facing higher interest rates in the near future.
Just like when you are shopping for a car, look around and get multiple quotes. If you’re in the process of buying a house or refinancing it’s best to hold off on other big purchases. We explore prequalification versus preapproval, mortgage rates, down payments, and more.
TIMESTAMPS:
0:40 – Non-exceptional credit score
2:33 – Get multiple quotes
4:22 – Don’t make large purchases
6:25 – Prequalification and pre-approval
9:15 – Small increase in mortgage rates
10:30 – Increasing or decreasing down payment
12:05 – Agent and lender communication
CONTACT:
Schedule a time to meet with Bill here.
Visit the Smart Mortgage Show website for more podcasts, videos and info.
Call: 484-352-4151.
Visit LendUS® on the web.
60 episodes
Share
