Listen Up Home Buyers with Alex Margulis Cross Country Mortgage
Listen Up Home Buyers Advice & Tips from True Buyer Agents
English - June 29, 2021 20:51 - 24 minutes - 22.6 MB - ★★★★★ - 4 ratingsBusiness Education broker properties newhome home buyer real estate exclusive buyer agents home buying specialist home inspection how to buy a home naeba Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
2:00 What are you comfortable paying for a monthly mortgage payment?
3:12 What is your creditworthiness? Things to consider, your credit history, credit score, and your ability to repay the loan, or do you have steady employment?
4:15 What are you paying for at this time? This includes car payments or any monthly payments
5:10 How much does it cost to buy a home? Have you saved money? Are you receiving gift funds?
8:28 What is a credit check? Does it ding your credit score?
10:00 What is a VA loan? What is a conventional loan? What is an FHA loan?
10:45 What is a down payment?
12:00 Who are Fannie & Freddie?
12:45 Explanation of an FHA loan
13:32 What is Private Mortgage Insurance (PMI)?
16:17 What are closing costs? These will vary across the country
17:10 Why would a home buyer buy points? (on the loan)
18:20 What are escrow fees, recording fees, and settlement/title costs?
20:00 Explains buying down a rate a little more
22:00 Explains the options with different types of loan products
22:35 Why communication matters during the transaction
Learn more about Alex Margulis on his website with Cross Country Mortgage
Learn more about Victoria Ray Henderson with The Buyer Brokerage
and follow Victoria on HomesBuyHendersons Instagram
or at HomesBuyHendersons
Listen Up, Home Buyers! The podcast offering advice and tips from true buyer agents.
Host and Producer, Victoria Ray Henderson is the owner and broker of HomeBuyer Brokerage in the Washington D.C. area. Victoria is and a member of the National Association of Exclusive Buyer Agents.