Giving you details on these steps of taking a loan application:Taking the loan applicationPulling creditElectronically sending packageUploading your documentsGetting home inspectionNext part of the series is the loan in processingFor more info,

Mortgage Rates

Jan 30th, 2020 12m 37s

Should you lock in your mortgage rate or float it? Covering insurance shopping as well. Is it wise to float your rate?What are the risks involvedWhat strategies can you do in the future to improve on your rateShopping insurance – what do I do a

Investor Loans

Jan 22nd, 2020 12m 4s

In this episode of Investor Loans I cover:Low credit scores – 500 mid scores1 day out of bk or foreclosureForeign nationalsWhat types of propertiesClose in an LLC and a trustUnlimited seller contributionsNo reservesProperty flips okay

Should You Refinance?

Jan 15th, 2020 25m 57s

This episode covers: Why would you refinanceWill it be a rate term refinanceWill it be a cash out refinanceHow do you consider it when you have a first and second mortgageDoes it make sense to refinance a loan when you already have a low rateSh

Non-QM Loans for 2020

Jan 8th, 2020 13m 37s

Covered in this week's episode:Purchasing a home with just a bank statement on a owner occupiedPurchasing a home with just a profit and loss on a owner occupiedPurchasing an investment property with just rental incomeNo doc loans on investment

Homestead

Dec 23rd, 2019 12m 4s

Does it make sense to close in December or wait until January?That's an important question to consider.What are the seller paying for property taxes now?Does it benefit you to close now or later?What not to do with the seller If closing in Janu

All You Need to Know About Condos

Dec 18th, 2019 15m 30s

Covered in this episode:Limited Review - what does that mean and at what loan to value & why go to a limited reviewFull Doc Review - what is entailed and what do you need to know before spending moneyWhat type of financing are on condos and wha

Changes and Updates in the Mortgage Industry

Dec 11th, 2019 14m 41s

The changes and updates you should know about in the mortgage industry1.Loan amounts have increased in Florida for 510,400What does that mean in terms of higher purchase priceWith homes prices going up how does that help2.FHA 203k - increasing

Are You Getting the Best Rate

Nov 27th, 2019 13m 49s

1. Shopping rates and your bank gives you a rate that is incredibleDid they get a CDDid they deliver on what was quotedWere you able to speak to them during the processDid you get what you were told? Did you understand itTime to go to closing,

What to Expect During the Process

Nov 20th, 2019 29m 39s

Didier and David discuss:What type of financingOrdering a home inspectionOrdering appraisalOrdering titleOrdering insuranceOrdering surveyOrdering pest inspectionDoing a walk thruWiring funds

Start to Finish

Nov 13th, 2019 42m 3s

Not sure what goes into buying property?

Buyers, Rates and Location

Nov 6th, 2019 22m 22s

Todays episode covers these important topics:I Buy and Big Tech BuyersMortgage Rates and RefinancingDunedin, Florida area

Buying Flipping and Real Estate Recommendations

Oct 30th, 2019 57m 19s

This episode welcomes a guest co-host, Florida Realtor, David Zusman and covered in this episode is:Buyers Hesitations - Concerns of a RecessionFlipping a PropertyIs it a Good Time to Purchase a HomeRecommendations for Buyers When it Comes to O

Who Do You Go To For A Mortgage?

Oct 23rd, 2019 18m 56s

Do you shop online?Do you go with a referral, someone in the community?Is it from a realtor, friend, or someone from your workWhat are questions to ask when getting rates and costsAre they 9 to 5 and does it matter?Will they attend the closing?

What are the Funds to Close

Oct 16th, 2019 15m 19s

Funds to close on a home:How much down do you need?Fund down for fha, va, conventional and non qm loansDown payment assistance - how does that workWhere are the funds coming fromThe ground - pillow - Gift from a family member401kChecking, savin

Sources of Funds to Close

Oct 9th, 2019 12m 11s

Downpayment - what is availableDown payment assistanceBorrower from your 401kGift of funds from a familyFunds have to be paper trailedSeasoning for 2 months

How Do You Get Credit?

Oct 2nd, 2019 21m 5s

Graduating high school - what do you do?Bad things happen to good people , what do you do?What causes low credit scores and what can you do?How does the credit score scale work?Does it affect the rate and your monthly PMI if you put less than 2

Appraisals

Sep 25th, 2019 17m 26s

When do you order an appraisal?What happens if the value is higher, the same or lower?If it is lower than what can you do?Is there a solution and how does it affect conventional,fha and va?Appraisal waivers and how does that work?Is this someth

Non QM Loans on the Rise

Sep 18th, 2019 27m 34s

What is a non QM loan and how does it differ from a QM LoanDoes it apply to owner occupied homes, second homes and investor home?What type of programs are theirWhy would someone need a non QM loanIs it growing from previous years - Is it compa

Tailor Making Your Refinance

Sep 11th, 2019 21m 43s

Rates are coming downDo we just go for savings or do you switch gears and look at reducing the termHow can we taylor make our refinance - just a 10-15-30 year?What about the interest rateWhat about debt consolidationKids student loans due for p

Delinquencies on a Mortgage

Sep 4th, 2019 15m 32s

What happens when you are delinquent? Are we heading into a recessionHow many are past due on their mortgageWhat actions do you takeShould you just do nothingWhat about the big tech companiesWho should you be dealing withWhat is the plan of att

The Loan Process from Start to Finish

Aug 28th, 2019 13m 17s

Taking the loan applicationElectronic signaturesDownloading supporting documentsOrdering titleGetting home inspection/ then ordering appraisalGetting home insuranceGetting any outstanding documentationGoing to closingWiring moneyListen in for e

Is It Easy to Buy a Condo

Aug 21st, 2019 17m 38s

Conventional financing - limited reviewQualifying - what do they include in the debt ratio - a. Insurance and b. Association feesConventional financing - full reviewVA - condosFHA condo approvalNew info never shared before that I just recently

Is It Time to Refinance with Fed Cut

Aug 14th, 2019 28m 32s

Here's what you'll on this week's episode:Is it time to refinanceAre you consolidating debt or is it a rate term onlyWhat makes sense cost wise and what drop in rate do you needWhat time frame to recuperate your costs How long do you plan on st

Fed Rate Cut

Aug 7th, 2019 13m 15s

Do rates drop down the day of the announcementFed vs wall streetDoes it make sense to refinanceWhat does the future hold for this yearWhat does it hold for 2020http://www.ddamortgage.com