Category: Real Estate

Nick Jimerson discusses recommendations for homebuyers in today’s market. Listen to the interview on the Business Innovators Radio Network:  https://businessinnovatorsradio.com/interview-with-nick-jimerson-mortgage-broker-with-edge-home-finance-corporation/ The path to homeownership isn’t always easy, but by not being careful, the chances of becoming a homeowner could be ruined. Here are five things that could get in the way of owning a house: Job-hopping. A steady job, preferably at the same company, shows stability and—most importantly—a consistent paycheck that will allow someone to pay their mortgage. Even if someone doesn’t go long without a job, hopping from job…

Listen to the interview on the Business Innovators Radio Network:  https://businessinnovatorsradio.com/interview-with-joe-massey-senior-loan-officer-at-castle-cooke-mortgage/# Joe Massey discusses the top misconceptions about the mortgage and real estate market. Misconception #1: A low credit score will automatically disqualify people from getting a mortgage. While it’s true that having a poor credit score can make it harder to get approved for a loan, this isn’t always the case. Every lender has different criteria when evaluating potential borrowers, and in some cases, they may take other factors into account, such as income or job stability, when making…

Gavin Ekstrom discusses why Mentorship is essential for building a mortgage team.  Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-gavin-ekstrom-senior-vice-president-of-crosscountry-mortgage/ Gavin says: “Mentorship provides an invaluable opportunity to build a strong mortgage team. A mentor is someone with extensive experience and knowledge in the field who can share their expertise and offer advice and support to less experienced individuals. Mentors can help develop employees’ skills, guide best practices, assist with problem-solving, and foster collaboration among team members. Having a mentor on board gives employees access to experienced…

Raymond Woods discusses mortgage tips for first-time home buyers.  Listen to the interview on the Business Innovators Radio Network:  https://businessinnovatorsradio.com/interview-with-raymond-woods-loan-officer-with-fairway-independent-mortgage/ When it comes to mortgages, the process can be overwhelming for first-time home buyers. They must arm themselves with the right knowledge and information before diving in. Here are some tips that will help make their mortgage experience a smooth one: 1) Get pre-approved – Before they start searching for a home, it’s crucial to get pre-approved for a mortgage so they know exactly how much house they can afford.…

Devin Shrum discusses finding the best mortgage professional when buying a home.  Listen to the interview on the Business Innovators Radio Network:  https://businessinnovatorsradio.com/interview-with-devin-shrum-mortgage-loan-originator-with-spire-financial-creating-wealth-through-real-estate/ When finding a mortgage professional, it’s essential to ensure they have the qualifications and experience to provide sound advice. Before deciding on one, there are specific questions people should ask themselves: Is the mortgage professional licensed? People will want to check with the appropriate state or federal agency or a local consumer protection agency to ensure they have the proper credentials. Does the mortgage lender have experience…

Bryce Waite discusses the top tips first-time homebuyers need to know.  Listen to the interview on the Business Innovators Radio Network:  https://businessinnovatorsradio.com/interview-with-bryce-waite-branch-manager-at-source-mortgage-group/ There are many things first–time homebuyers can do to prepare when looking for a home: Get Pre-Approved for a Loan. Before shopping for a home, it’s important to get pre-approved for a loan so they know exactly how much they can afford. A pre-approval not only helps make sure they’re getting the best deal on their mortgage but also shows sellers that they are serious about buying. It…

Michael Griffin discusses the best strategy to buy investment real estate for Air BnB. Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-michael-griffin-founder-of-wealth-by-real-estate/ One of the best strategies to buy investment real estate for Short Term Rentals (STRs) is researching and comparing different markets. It’s important to identify regions with a demand for short-term rentals, such as popular tourist destinations and areas with high concentration of business travelers, Investing in areas likely to have heavy foot traffic can increase homeowners’ chances of attracting more guests. Additionally, it’s wise…

Brian Barker discusses the differences between adjustable loan rates vs. fixed loan rates. Listen to the interview on the Business Innovators Radio Network:  https://businessinnovatorsradio.com/interview-with-brian-barker-branch-manager-with-nexa-mortgage/ Adjustable rate loans often have lower initial interest rates, making them attractive to borrowers. However, adjustable rate mortgages (ARMs) may come with a risk—the interest rate on the loan can change over time. This means that monthly payments can fluctuate. If people cannot keep up with the higher payments when the interest rises, they may be in financial trouble. On the other hand, fixed-rate mortgages offer…