The Mortgage Reports Podcast

Embarking on the journey to homeownership can be exhilarating yet daunting for first-time buyers. In this episode, Mortgage Expert, Ivan Simental NMLS# 1762746 guides you through the vital questions that every first-time homebuyer should ask. Join us as we uncover not only the common inquiries but also those often overlooked, and how these questions can transform your home buying experience.Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791Equal Housing Opportunity.

Are you facing the challenging decision of removing someone from a mortgage? Whether it's a divorce, a change in financial circumstances, or a co-borrower's desire to step away from the responsibility, navigating the process can be daunting. In this episode, Mortgage Expert Ivan Simental NMLS# 1762746 explores the strategic approach of using refinancing as a means to remove a name from a mortgage. He shares insights into the refinancing process, highlighting its potential benefits and drawbacks. But is refinancing the only option? Tune in as we delve into the question of whether it's possible to remove someone from a mortgage without the need for a full refinancing process. Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791Equal Housing Opportunity.

In this episode of The Mortgage Reports Podcast, host Craig Berry NMLS# 200401 is joined by Rebecca Richardson aka @the.mortgage.lender on TikTok, a top originator in the mortgage industry. Rebecca shares her journey of how she stumbled into the mortgage business and her passion for finance. With a strong presence on social media, she discusses her success on platforms like TikTok and Instagram. Tune in to learn more about Rebecca's story and her unique perspective on the mortgage industry.The views and opinions expressed are those of the speakers and do not necessarily reflect those of The Mortgage Reports.Jump ahead to listen: [00:01:03] About Rebecca's experience in mortgages [00:06:29] Break down of the home buying experience, for first-time buyers[00:09:31] Why working with a transparent lender is key [00:11:27] Understanding interest rates and housing market. [00:15:59] The 2023 housing market, explained[00:23:43] Using TikTok for home buyer education [00:26:09] Being your authentic selfThe Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Equal Housing Opportunity.

Are you a first-time homebuyer feeling lost in the world of credit scores and mortgage qualifications? In this enlightening episode, mortgage expert Ivan Simental NMLS# 1762746 dives into the crucial factors that determine a good first-time buyer credit score and unravel the mystery behind credit score requirements for various loan types. He also provides tips on how to get your credit score in good shape. Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791

In this episode, Mortgage Expert, Ivan Simental NMLS# 1762746 explores the intricacies of buyers' markets and sellers' markets. He breaks down the essential differences between these two market types, exploring what characterizes each and how they influence your journey as a buyer or seller. Tune in to gain valuable insights, actionable tips, and a comprehensive understanding of how to navigate the shifting tides of real estate markets.Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791

In this episode of the Mortgage Reports Podcast, host Craig Berry NMLS# 200401 welcomes Mark Gordon, the Chief Revenue Officer of Princeton Mortgage. Mark shares his expertise in the mortgage industry, discussing his role in helping loan originators reach their full potential through coaching and guidance. He highlights the importance of supporting younger individuals reach their next level of success. By addressing and conquering their obstacles, individuals can unlock their full potential and pursue their career aspirations with confidence.>>Read more about Mark Gordon on themortgagereports.comJump to Listen Ahead:[00:02:29] Changes in Mark's role. [00:04:29] Overcoming limited mindsets. [00:06:23] Radical transparency. [00:11:02] The Princeton Promise. [00:12:37] Transparency and accountability. [00:16:11] Player's mindset and discipline. [00:22:29] Selling real estate strategies. [00:24:31] Partnering to accelerate business growth. The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

In this episode of The Mortgage Reports Podcast, host Craig Berry NMLS# 200401 is joined by mortgage expert and founder of My LFG Energy Society, Arjun Dhingra NMLS# 1166050. They discuss the positive impacts of higher mortgage rates. They also explore the importance of financial literacy in today's market and how lenders can make a difference in the real estate industry. Arjun shares his journey into the mortgage business and highlights the need to bridge the financial literacy crisis in the US. >>Learn more on themortgagereports.comJump to Listen Ahead:[00:01:42] Accidental entry into mortgage business. [00:05:21] Normalizing the housing market. [00:07:04] Negotiating in the real estate market. [00:11:30] Interest rates and value. [00:15:18] Financial literacy in America. [00:21:01] Being commoditized in the industry. [00:27:03] Pitting rate shopping against consumer's best interest. [00:34:37] Lower mortgage rates in future. [00:37:07] My LFG Energy Society. [00:43:25] The housing market crash. The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

In the current real estate landscape, potential homebuyers and homeowners are constantly keeping a watchful eye on mortgage rates, hoping to secure the best deal for their dream homes or to refinance their existing loans. But what will bring these rates down? In this episode, mortgage expert Arjun Dhingra NMLS# 1166050 breaks down the factors that influence mortgage rates and explores potential scenarios that could lead to a decline in rates.  Learn more about home buying, refinancing and real estate investing at themortgagereports.comThe Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

Join mortgage expert Ivan Simental NMLS# 1762746 as he discusses the concept of debt-to-income ratio (DTI) and its crucial role in determining your ability to purchase a home. Whether you're a first-time buyer or considering a new mortgage, understanding the significance of DTI is essential for navigating the homebuying process with confidence.Ivan guides us through the ins and outs of DTI. He discusses what DTI is, how it is calculated, and why lenders consider it when assessing your mortgage application. Gain valuable insights into the ideal DTI range and learn strategies for managing your DTI, including tips for reducing debt and increasing income to improve your financial profile. >> Read the article "Debt-to-income ratio for mortgage explained"Learn more about home buying, refinancing, and real estate investing at themortgagereports.comThe Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

In this episode of The Mortgage Reports Podcast, host Craig Berry NMLS# 200401 is joined by Matthew Van Fossen, entrepreneur and CEO of Absolute Home Mortgage & Mortgage Automation Technologies. They discuss the need for innovative technological solutions in the mortgage industry and the benefits that both consumers and lenders can gain from this. Van Fossen emphasizes the importance of embracing technological advancements and understanding consumer evolution to remain competitive in the mortgage lending industry. Tune in to hear more about the evolving landscape of mortgage technology. >>Read more about Matt Van Fossen on themortgagereports.comJump to Listen Ahead:[00:02:06] Mortgage origin stories [00:05:58] Advocacy for mid-sized mortgage banks. [00:09:05] Advocacy and Technology in Mortgage Industry. [00:11:00] Consumers will evolve. [00:15:31] The loan pod technology. [00:17:27] Loan pod innovation. [00:21:27] A singular portal for consumers. [00:25:08] Consumer choice in mortgage process. [00:28:01] Mortgage automation technology customers. [00:33:32] The Digital Mortgage Initiative. [00:35:14] True digital-based mortgage. [00:38:50] What's coming next for you?The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

In this episode, mortgage expert Arjun Dhingra NMLS# 1166050 dives into the advantages of high interest rates across various economic sectors. He explores the reasons why elevated interest rates can be a positive force for individuals, businesses, and the overall economy.Learn more about home buying, refinancing and real estate investing at themortgagereports.comThe Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

In this episode of The Mortgage Reports Podcast, host Craig Berry NMLS# 200401 is joined by Mike Hardy, principal and co-founder of CYRUS Opportunity Zone Fund and managing partner of California & Nevada business for Churchill Mortgage. They discuss the current state of the housing market and compare it to the market before the housing crisis 15 years ago. Mike shares how he got into the mortgage industry and his journey from being a pre-med student to becoming a successful mortgage professional. Mike also shares his personal journey of transitioning from a "do it yourself" mentality to outsourcing tasks and protecting their time to focus on their zone of genius.>>Read more about Mike Hardy on themortgagereports.com Jump to Listen Ahead:[00:02:03] Transition into mortgage industry. [00:07:19] Healthy homes and families. [00:08:25] Finding your zone of genius. [00:12:43] Automate, delegate, or eliminate. [00:19:31] Focus and determination. [00:22:21] Dramatic under supply of homes. [00:25:11] Affordability and housing demand. [00:29:31] Conflicting forces in the market. [00:33:11] Prolonging Gen Z's ability to buy. [00:37:07] Opportunity zones. [00:41:09] The Almanac of Naval Ravikant. [00:44:41] Overcoming fear in real estate.The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

In this episode, mortgage expert Ivan Simental NMLS# 1762746 tackles the topic of downsizing your home and explores the strategic use of home equity to facilitate a seamless transition to a smaller property. Whether you're an empty-nester looking to simplify your lifestyle or someone seeking to optimize your finances, downsizing can offer a range of benefits.Ivan discusses the various options available, including selling your current home, using the equity to make a cash purchase, or utilizing it as a down payment for a new property. Discover the potential financial advantages of downsizing and learn about the important considerations involved in assessing your home's value and estimating your equity.Whether you're approaching retirement, seeking a simpler lifestyle, or looking to free up funds for other goals, this episode will equip you with the knowledge and strategies to leverage your home equity effectively.Learn more about home buying, refinancing, and real estate investing at themortgagereports.comThe Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

In this episode of The Mortgage Reports Podcast, Craig Berry NMLS# 200401 is joined by Brad Nix, CEO and co-founder of Path & Post Real Estate. They discuss the current housing market and provide tips for buyers and sellers on how to navigate it. Brad, with 25 years of experience in real estate, shares his insights on the unique nature of the current market and how it differs from previous downturns like the 2008 housing collapse. Tune in to gain valuable knowledge on the current state of the housing market and how to make the most of it.>>Read the article on themortgagereports.comJump to Listen Ahead:[00:01:48] The unique current housing market. [00:06:54] Choosing the right agent. [00:07:45] Checking agent reviews and results. [00:11:14] Understanding seller's priorities. [00:14:03] Pre-closing walkthrough and home condition. [00:22:07] If mortgage rates drop. [00:24:36] Affordability in America. [00:29:58] Don't rely on headlines. [00:32:12] Connecting with Brad Nix.The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

In this episode, mortgage expert Arjun Dhingra NMLS# 1166050 dives into one of the most common dilemmas faced by prospective homebuyers and investors: Should you wait for lower interest rates or make a purchase now?Arjun explores the factors that influence this choice and provide valuable perspectives for listeners. Discover the potential risks and rewards associated with timing the market and the advantages and disadvantages of waiting for lower interest rates. Whether you're a prospective homebuyer or an investor, you'll gain practical insights to help you make informed decisions.Learn more about home buying, refinancing and real estate investing at themortgagereports.comThe Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

In this episode, mortgage expert Arjun Dhingra NMLS# 1166050 explores the captivating world of real estate and tackles the burning question on everyone's minds: Why hasn't the housing market crashed?Over the past few years, the housing market has experienced remarkable growth and resilience, defying expectations of a significant downturn. Despite economic uncertainties, rising interest rates, and occasional bubbles in the market, the housing sector has remained steadfast. Join Arjun as he dives into the factors contributing to the housing market's remarkable stability despite economic uncertainties and potential pitfalls. Whether you're a prospective homebuyer, an investor, or simply curious about the intricacies of the economy, this episode sheds light on why the housing market continues to defy expectations. Learn more about home buying, refinancing and real estate investing at themortgagereports.comThe Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

In this episode, Mortgage Expert Ivan Simental NMLS# 1762746 dives into the intricacies of buying and selling a home simultaneously, a real estate juggling act that requires careful planning and strategy. Whether you're upgrading, downsizing, or relocating, the challenge of coordinating the sale of your current home with the purchase of a new one can be daunting.Ivan explores the crucial steps involved in successfully managing both sides of the equation, offering valuable insights and practical tips to make your dual transaction a smooth and stress-free experience. He also discusses how to make financing work from different options including home equity line of credit (HELOC), 401k, bridge loans and more. >> Read the article ">> Read the article "Buying and Selling a House at the Same Time: How You Can Make It Work"Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791

In this episode, mortgage expert Ivan Simental NMLS# 1762746 delves into the critical task of determining your budget and finding the perfect price range for your dream home. Whether you're a first-time buyer or a seasoned homeowner looking to upgrade, understanding your financial limits and aligning them with your housing aspirations is key to a successful home purchase.Join Ivan as he discusses:The factors that impact how much you can spend on a homeCalculating how much you can actually affordWhat lenders look for when qualifying a mortgageTips to find a comfortable home price range and obtain loan approvalLearn more about home buying, refinancing, and real estate investing at themortgagereports.comThe Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

In this episode, Mortgage Expert, Ivan Simental NMLS# 1762746 explores a unique strategy for aspiring entrepreneurs: utilizing home equity to kick-start their business dreams. He shares his insights on how to navigate the process of using home equity and discusses the potential advantages, such as lower interest rates and flexible repayment options, as well as the risks and challenges associated with this approach.From understanding the eligibility criteria and the impact on your home ownership to calculating the ideal loan amount and considering alternative funding sources, Ivan covers the key factors you need to know before leveraging home equity. Whether you're a first-time business owner or a seasoned entrepreneur, this episode equips you with essential knowledge to make informed decisions and unlock the potential of your home equity for entrepreneurial success.Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791

In this episode Mortgage Expert, Ivan Simental NMLS# 1762746 tackles the delicate art of negotiating with a stubborn seller and explores when it's best to walk away from a deal that's just not working out.Ivan explores tactics for dealing with stubborn sellers and guides listeners through the intricacies of negotiating with finesse, providing invaluable advice on when to stay and when to walk away from a deal. He also discusses the consequences of not walking away, such as overpaying or ending up with a less-than-desirable deal.Whether you're a prospective homebuyer, an investor, or a real estate enthusiast, this episode provides you with the tools and insights needed to master the art of negotiation. Don't miss out on this valuable opportunity to enhance your negotiation skills and make informed decisions when faced with stubborn sellers.Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791

In this episode Mortgage Expert, Ivan Simental NMLS# 1762746 discusses the common challenge faced by many first-time home buyers: buying a home while carrying the burden of student debt. Ivan provides valuable insights and practical tips for those eager to become homeowners despite their educational loans including:Managing debt-to-income ratiosImproving credit scoresFinding mortgage options that cater to individuals with student loansIncreasing income and reducing expensesDon't let student debt hold you back from owning a home. Start your journey toward homeownership today by listening to this insightful episode.Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com The Mortgage Report Podcast presented and operated by FULL BEAKER, INC. NMLS#1019791

 The value of homes has increased collectively by $1 Trillion. If you're looking to tap into that equity, there are several options to consider. In this episode Mortgage Expert, Ivan Simental NMLS# 1762746 discusses ways to tap into equity including, Home Equity LoanHome Equity Line of Credit (HELOC)Cash-Out RefinanceReverse MortgageSell or DownsizeHome Equity InvestmentIt's important to consider the potential risks and costs associated with each option. Before proceeding, you should consult with a financial advisor or mortgage professional to determine which method best suits your financial goals and circumstances.>> Read the article "Homeowners Gained $1 Trillion in Equity. How Can You Tap Into It?"➡️ Learn more about the home buying process, refinancing, and real estate investing at themortgagereports.com 

Whether you're planning to sell your house or just looking to upgrade, there are certain improvements that can significantly increase your property's worth. In this episode, mortgage loan expert Ivan Simental NMLS# 1762746, explores the best renovations to consider if you want to add value to your home. Ivan covers everything from simple cosmetic upgrades to more extensive renovations, such as adding a new bathroom or renovating your kitchen. He offers valuable insights and tips on how to budget, plan, and execute successful home renovation projects that will pay off in the long run. >> Read the article "Best Loans for Home Improvement | 6 Types 2023"The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

In this episode, mortgage loan expert Ivan Simental NMLS# 1762746 breaks down the role of the Federal Reserve in regulating the country's monetary policy and provides insights into how its decisions impact interest rates, inflation, and the overall economy.The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791 Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

In this episode, mortgage loan expert Ivan Simental NMLS# 1762746 breaks down the pros and cons of renting vs. buying and provides practical advice on how to make the best decision for your particular situation. Ivan also shares some common misconceptions about renting and buying and offers insights on factors to consider, such as location, finances, and personal goals. Whether you're a first-time homebuyer or a seasoned renter, this episode will provide valuable insights to help you make an informed decision.The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

In this episode, mortgage expert Ivan Simental NMLS# 1762746, explores the benefits and drawbacks of adjustable-rate mortgages (ARMs) in the current economic climate. They discuss how ARMs differ from fixed-rate mortgages, and how they can be a good option for certain borrowers who are looking for lower initial payments or who plan to sell their home before the rate adjusts. Ivan also offers advice on how to determine whether an ARM is the right choice for a particular borrower's financial situation, taking into account factors such as the current interest rate environment and the borrower's plans for the future. >> Read the article "Adjustable-rate mortgage guide: How ARM loans work"The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

In this podcast episode, mortgage expert Shivani Peterson NMLS# 866955 discusses the topic of a 40-year loan term, including its advantages and disadvantages. She delves into how this extended loan term can affect a borrower's overall financial situation and explores some alternative loan options that may be more suitable for certain individuals. Shivani also offers some tips on how to determine the best loan term for your unique financial needs and goals. The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

In this episode, mortgage loan expert Ivan Simental NMLS# 1762746, shares insights into the requirements and challenges involved in obtaining a mortgage loan as a self-employed individual in 2023. Listeners will learn about the different types of mortgage loans available to self-employed individuals, the documentation required to qualify for a loan, and tips on how to increase their chances of qualifying. This episode is a valuable resource for self-employed individuals who are considering applying for a mortgage loan.>> Read the article "Self-Employed Mortgage Loan | Requirements 2023"Learn more about home buying, refinancing, and real estate investing at themortgagereports.comThe Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

Do you own a home that you hate living in, but choose to stay because your payment is low? If so, you might be wondering what your options are. In this episode, mortgage expert Shivani Peterson NMLS# 866955 discusses the following points: Americans are moving less than at any time since 1948.  What are the possible reasons?If you feel trapped in a house you hate because of the super low rate – could you use it as a rental and use the increased cash flow to offset a higher mortgage payment on your new primary?How much equity do you have – have you run the numbers on how much of a mortgage you'll actually need on the other side?  It might be less than you think, given how much equity many homeowners have in their current homes.  That would result in a lesser mortgage payment even if rates are higher.Do you want to tap into a HELOC or cash-out refinance to make your home more suitable?The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791>>Read about all the home equity resources available right now for homeowners. Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

In this episode, mortgage expert Shivani Peterson NMLS# 866955 discusses a concerning statistic in the real estate market: 39% of home buyers cannot afford a 5% down payment. She dives into the reasons behind this trend, including rising housing prices and stagnant wages. Shivani also explores potential solutions to help more people achieve homeownership, such as government programs and alternative financing options. The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791>> Read the article "39% of Home Buyers Can't Afford 5% Down Payment"Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

If you are searching for a home you've likely run into problems with low inventory. Mortgage rates are higher than they've been in years, new home construction has decreased, and many homeowners are staying put.In this episode, Ivan Simental NMLS# 1762746 discusses the issue of low housing inventory right now, what to expect in the coming months, and offers his advice to first-time home buyers who are buying in this volatile market. >> Read the article "Housing market predictions for 2023: Rates, prices, and inventory"The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

With the recent news of SVB bank filing for bankruptcy, you might be wondering how bank failure might impact real estate now and in the future. In this episode mortgage expert, Shivani Peterson NMLS# 866955 covers the following talking points, The role the Fed playsThe impact we've seen on interest rates and how that could continueHow this may sway buyer confidence and demand for housingThe Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

Homeowners and potential homeowners will see some major changes impacting mortgage costs in May 2023. While loan-level price adjustments have always existed, in this episode mortgage expert, Shivani Peterson NMLS# 866955 dives deeps into these NEW changes. She discusses how they will impact mortgage interest rates and what they mean for homeowners. Later, she discusses strategies potential homeowners can use to save on costs or take advantage of these changes. The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

Looking to make a big purchase? Need extra cash? Home equity lines of credit (HELOCs) are one of the cheapest forms of borrowing while credit cards are one of the most expensive. However, sometimes a credit card might be a better option. Other times, tapping your home equity could make more sense. In this episode mortgage expert, Ivan Simental NMLS# 1762746 helps you to discover which may be a better match for your needs.>>Read the article "HELOCs vs Credit Cards: Which is The Better Option?"The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

New homeowners might try to avoid private mortgage insurance (PMI) at all costs. It's usually thought of as a "bad" thing that you don't want as a homeowner. However, there are many benefits to having PMI. In this episode mortgage expert, Shivani Peterson NMLS# 866955 discusses the benefits of having  private mortgage insurance. >> Read the article "Is PMI Bad? No. Here Are The “Silent” Benefits Of Mortgage Insurance"  The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

Mortgage relief can come in many forms. Whether you need a lower rate and payment or a break from making payments altogether, there are options. In this episode, Ivan Simental NMLS# 1762746>> Read the article "Mortgage assistance and relief programs | 2023"Learn more about home buying, refinancing, and real estate investing at themortgagereports.comThe Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

Buying a home can make tax deductions a little better for homeowners! In this episode, Ivan Simental NMLS# 1762746 discusses 3 important tax deductions for homeowners. >>Read the article "How The Mortgage Interest Deduction Helps Homeowners" now on themortgagereports.comThe Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

Have mortgage rates peaked? Will they continue to increase? When will they go down? In this episode mortgage expert, Ivan Simental NMLS# 1762746 provides a mortgage interest rates forecast for the rest of 2023.>>Read the article now on themortgagereports.comThe Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

With mortgage rates increasing, you might be wondering if buying a house or investing in real estate is even worth it this year. The big question is, If you buy a home in 2023, will it appreciate in the long run? The bigger question is, should you buy now or wait? In this episode, mortgage expert Shivani Peterson NMLS# 866955 answers these questions and more: If you buy a home in 2023, is it likely to appreciate?How long will you have to wait in order to see appreciation and amortization gains?Will you get the same return as someone who bought last year or someone who buys next year?The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com 

Home prices dropping dramatically nationwide. If you're thinking about buying a house in the future, you're probably wondering if you should buy now at a discounted price. You're probably also wondering if it's too risky to buy in today's higher-rate market. In this episode, mortgage expert Shivani Peterson NMLS# 866955 answers those questions and more: How will rates impact supply and demand this year?If you didn't qualify in the price range you wanted due to higher rates, should you wait for them to come down?How will lower rates impact your ability to negotiate with a seller?How low could rates go and how fast?The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

Buying a house is a major financial commitment that comes with costs that you might now be aware of. Of course, there's the downpayment. However, there are other costs associated with owning a home. In this episode, Ivan Simental NMLS# 1762746 discusses how much money you should realistically have saved before buying your first home. Later, he gives some great tips for starting to save money for your first home. The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

When preparing to get a mortgage and buy a new home, it's important to do things beforehand in order to present yourself as a strong borrowing candidate. In this episode, Ivan Simental NMLS# 1762746 tells you what NOT to do before buying a house. Or, you can read the article What not to do before buying a house: 7 Mistakes to avoidThe Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

If you own a home you are probably worried about what will happen to your home value during a recession. With a recession predicted in 2023, let's discuss how that could affect your home value. In this episode mortgage expert Ivan Simental NMLS# 1762746 has the answer to your question, "what will happen to my home value during a recession?"The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

Are you getting ready to buy your first home in 2023? Maybe you're just now getting prepared? Are you confused about how to start the home-buying process? In this episode mortgage expert Ivan Simental NMLS# 1762746 talks about the 5 most important things to know about buying a house in 2023. The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

We hear the same advice all the time - buy the worst house, in the best neighborhood. Is this always true? Are there times when it's actually better to buy the BEST house in the worst neighborhood? If there a middle ground? In this episode, mortgage expert Ivan Simental NMLS# 1762746 talks about the situations when buying the ugliest house on the block have paid off big time. Later, he discusses the pros and cons of buying the nicest house in a "bad" neighborhood. The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

We don't know about you, but the thought of sitting in a big new house without furniture or a completed yard sounds like a pretty bad situation. That is why when preparing to buy a house it's super important to account for all expenses. We're talking everything - beyond the downpayment and closing costs. You do not want to be "house poor" after purchasing your first home. Keep in mind that, yes, while the idea of buying your dream home might cloud your judgment, you'll still have an entire life to finance even after the sale is finalized. In this episode mortgage expert Ivan Simental NMLS# 1762746explains the meaning of "house poor" and teaches you how to properly prepare so that you don't find yourself in such an unfortunate, but totally preventable situation. The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

If you're looking to invest in real estate it's important to know which cities offer the most potential and return on your investment. In this episode, Ivan Simental NMLS# 1762746 discusses the top 5 cities to invest in real estate. The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com 

Buying a brand new, expensive, dream-home sounds amazing- in theory. However, in the long run, paying a mortgage on the home at the top of your budget is probably not the best decision. This doesn't mean you could never own your dream home, it just means that there is a more sound strategy to get you into that home over time. In this episode, mortgage expert Ivan Simental NMLS# 1762746 discusses the reason why you should probably pass on the home that will max out your budget and what to do instead. The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

Most home sellers and buyers wait until the warmer months to either list their homes or start house-hunting. With the changing housing market, maybe you don't want to wait that long. There are definite pros to entering the housing market in the Winter and over the holidays. In this episode, mortgage expert Ivan Simental NMLS# 1762746 goes over the benefits and disadvantages you might face while listing or shopping for a new home during the holiday season. The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

There are a lot of headlines in the news about mortgage interest rates. Some of these headlines are confusing while others are downright scary. It's important for you, as a current or future home buyer, to properly understand how to track and understand interest rates. In this episode, mortgage expert Shivani Peterson NMLS# 866955 talks about some of the current headlines that may be misleading, and how you can track mortgage rates like a pro. Mortgage rates don't have to be scary, there are lots to learn - if you have the right tools! The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

As inflation continues, Americans are turning to their credit cards to survive. If you already own a home and are looking to pay down your credit card debt, a HELOC might be an option for you. If you are looking to buy a home or own a home, here's what you need to know about your credit card debt and how it impacts your home loan applications and chances to buy a property. Shivani Peterson discusses the following topics: - Credit utilization - what percentage should future homeowners aim for? - Is credit card debt bad for future homeowners? - Should you close your credit cards before applying for a home loan? - How to manage credit card debt as a current homeowner? - How to use a HELOC to pay off credit card debt? Should you? The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791Learn more about home buying, refinancing, and real estate investing at themortgagereports.com