PMI D.O. explains what is private mortgage insurance (PMI). Psi is on conventional loans only. FHA mortgage have MMI. VA home loans have no Monthly Mortgage Insurance, USDA loans have…
Take Control Of Your Transaction Keep in mind that your home loan borrower typically only applies for a mortgage once every 5-7 years. They don’t know how things are supposed…
The Difference Between Closing Costs And Prepaid Expenses In the borrower’s eyes, there’s no difference between closing costs and prepaids. It’s imperative that professionals understand this when walking a homebuyer…
Scripting - Landing The Appointment (Realtors) D.O. takes a deep dive into how and what to say when calling on Realtors to grow your book of business. Note-taking welcome.
Know The Hotspots It is imperative that you understand the man talking points of programs, products and guidelines. Leave knowing the finite details to the research tot he research you…
Longevity Is In The Purchase Market There’s no doubt that helping homebuyers finance their purchase is more difficult than helping homeowners refinance an existing purchase. However, if you want to…
Mortgage Math = 4th Grade Math In this short segment - D.O. walks through an example of how to quickly calculate a PITI payment without using a calculator. Big flex.
Mortgage Recording Fees Most counties charge homebuyers to record the mortgage. A mortgage is a legal document that attaches a note to a specific property. Some mortgages are only nine…
Own A Home, Become Wealthy It’s no secret the #1 way to generate wealth in America is home ownership. Your clients have a multitude of choices when it comes to…