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The Men, The Myths, The Dudes

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Manage episode 433843957 series 3551888
Content provided by Mortgage Dudes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mortgage Dudes 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.

There is so much misinformation out there about buying homes these days. The dudes go over some of the top Home Buying Myths today and educate you on how you can be a homeowner regardless of the negative things you hear.

Thanks for listening and enjoy the show!

__________________________________________

For more information and to apply for free visit https://greentreeloan.com/ or https://moloneymortgage.com/

_____________________________________________________________

Shane Marzullo 419-861-9008 Greentree Mortgage Services 7555 Airport Hwy, Suite A * Holland, OH 43528 NMLS 275577/133641, MI FR0018548

Ed Moloney Equity Resources, Inc. 774-573-0329 465 E Falmouth Hwy, Ste B * East Falmouth, MA 02536 NMLS 1579/10321 MA Mortgage Lender & MA Mortgage Broker MC1579. NH 23282-MB-BCH. RI 20153125LL B03 DBA Equity Resources of Ohio, Inc. Certain restrictions apply, call for details.

FHA loan with 3.5% down payment. Loan Amount $245,471 with a fixed interest rate of 6.500% (7.110% APR) for 30 years = $1,661.55 monthly payment.

Conventional loan with 20% down payment. Loan Amount $280,000 with a 7.000% fixed interest rate/7.060% APR for 30 years = $1,862.85 monthly payment.

Conventional loan with 3% down payment. Loan amount $130,950 with a fixed interest rate of 6.5% (6.859% APR) for 30 years = $860.43 monthly payment.

Conventional loan with Loan Amount $240,000 with a 6.625% fixed interest rate/6.711% APR for 30 years = $1536.75 monthly payment.

Conventional loan with Loan Amount $240,000 with a 6.625% fixed interest rate/6.767% APR for 15 years = $2107.19 monthly payment.

Payment is Principal & Interest only, based on a 790 credit score. Does not include amounts for taxes & home insurance premiums. The actual payment obligation will be greater. Final approval subject to credit review. Loan program examples are for illustrative purposes only. This is not a commitment to lend.

  continue reading

7 episodes

Artwork
iconShare
 
Manage episode 433843957 series 3551888
Content provided by Mortgage Dudes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mortgage Dudes 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.

There is so much misinformation out there about buying homes these days. The dudes go over some of the top Home Buying Myths today and educate you on how you can be a homeowner regardless of the negative things you hear.

Thanks for listening and enjoy the show!

__________________________________________

For more information and to apply for free visit https://greentreeloan.com/ or https://moloneymortgage.com/

_____________________________________________________________

Shane Marzullo 419-861-9008 Greentree Mortgage Services 7555 Airport Hwy, Suite A * Holland, OH 43528 NMLS 275577/133641, MI FR0018548

Ed Moloney Equity Resources, Inc. 774-573-0329 465 E Falmouth Hwy, Ste B * East Falmouth, MA 02536 NMLS 1579/10321 MA Mortgage Lender & MA Mortgage Broker MC1579. NH 23282-MB-BCH. RI 20153125LL B03 DBA Equity Resources of Ohio, Inc. Certain restrictions apply, call for details.

FHA loan with 3.5% down payment. Loan Amount $245,471 with a fixed interest rate of 6.500% (7.110% APR) for 30 years = $1,661.55 monthly payment.

Conventional loan with 20% down payment. Loan Amount $280,000 with a 7.000% fixed interest rate/7.060% APR for 30 years = $1,862.85 monthly payment.

Conventional loan with 3% down payment. Loan amount $130,950 with a fixed interest rate of 6.5% (6.859% APR) for 30 years = $860.43 monthly payment.

Conventional loan with Loan Amount $240,000 with a 6.625% fixed interest rate/6.711% APR for 30 years = $1536.75 monthly payment.

Conventional loan with Loan Amount $240,000 with a 6.625% fixed interest rate/6.767% APR for 15 years = $2107.19 monthly payment.

Payment is Principal & Interest only, based on a 790 credit score. Does not include amounts for taxes & home insurance premiums. The actual payment obligation will be greater. Final approval subject to credit review. Loan program examples are for illustrative purposes only. This is not a commitment to lend.

  continue reading

7 episodes

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