Podcasts about fairway mortgage

Student loan payments are back, and millions of borrowers have no idea they're already delinquent. In this episode, Brian Vaughan breaks down what's happening with student loans, how it could tank your credit score without warning, and what to do before applying for a mortgage. Plus, we dive into what's coming this summer with medical debt reform and a wild loan story involving a surprise job switch that actually saved a deal.   Key takeaways to listen for Student loan chaos: Why millions of Americans are unknowingly delinquent Steps to take if your student loans have damaged your mortgage eligibility Why pulling your credit report annually should be your new self-care ritual A game-changing credit policy shift that could open doors for buyers Reasons job changes mid-mortgage can derail deals and how to time them right   Resources mentioned in this episode Free Credit Report Annual Credit Report.com Credit Karma CreditWise | Free Credit Score, Credit Report & Monitoring   About Brian VaughanBrian is a loan officer and co-manager of Fairway Mortgage in Burlington. In addition to lending people money to buy homes, he takes his black tea with milk, quotes Shakespeare less than he would prefer, and is somewhat of a soccer fanatic. Brian lives in Georgia, VT, with his wife, four kids, and Goldendoodle, Dame Judi Dench.   Connect with Brian Website: Brian Vaughan, Burlington, VT - NMLS# 2046057 Instagram: @brianvaughanmortgages LinkedIn: Brian Vaughan Email: brian.vaughan@fairwaymc.com Phone Number: 802-489-7186   Connect with LeighPlease subscribe to this podcast on your favorite podcast app at https://pod.link/1153262163, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram @ LeighThomasBrown.   Sponsors"You Ask. Leigh Answers." Your Affordable Coaching ProgramHey there, real estate pros! Are you ready for some more Leigh Brown wisdom in your life? Then don't miss out on my brand-new program, "You Ask. Leigh Answers." It's your exclusive gateway to the insights and advice you need to supercharge your real estate business. With "You Ask. Leigh Answers." you get Direct Access to Leigh Brown, directly! Expert Coaching, Community Connection, and Extensive Resources. Whether listening to this on the go or watching at home, sign up today at Answers.RealEstate and take your business to the next level. Trust me, you'll be glad you did!  

In today's episode, we interview one of the top loan officers in the country and a dear friend of mine, Jeramy Williams with Fairway Mortgage. We go over First Time Home Buyer loan programs, discuss the current state of the market, and answer a lot of your burning questions. You can reach out to Jeramy directly at jwilliams@fairwaymc.com and learn more here.Featuring your host Jessica Randolph, President of The How To Buy A House Class™, a women-owned business providing free home-buying classes for all.Learn more and sign up for an-in person class in your city at https://www.howtobuyahouseclass.com/. Follow us at https://www.instagram.com/thehowtobuyahouseclass/.#1 Home Buying Class in the US | Accessible Home-Buying Education

In real estate, you can get away with being a transactional salesperson - going from one deal to the next - for a limited amount of time. At some point, you'll have to shift to being relational if you want long-term success.  Anybody can get one deal…but it takes a completely different skillset to keep a relationship and get business for the rest of someone's life.  There are many ways we can nurture a long-term relationship with clients. Sending out valuable content, giving gifts and hosting client events, but a humble handwritten “thank you” card can actually be more effective than anything else.  Gratitude isn't just a great behavior to train ourselves on, it can give us the competitive advantage in business. How can we use gratitude and handwritten notes to build stronger relationships? How do you consistently show up for the people in your sphere? How do we practice gratitude when we don't feel like it? In this episode, I'm joined by Mr. Thank You, John Israel. The keynote speaker, author and gratitude coach talks about his journey, sending 1800 cards in a year, and how to shift out of transactional selling.  Anybody can get a deal, but to keep a relationship and get their business for the rest of their life takes work. -John Israel Things You'll Learn In This Episode  What you appreciate wants to duplicate In order to get more out of our relationships, we have to take responsibility for them. How do we reinforce our connection with people? How to be grateful when you don't feel like it Gratitude doesn't come naturally for human beings, so how do we make it a habit?  Go beyond handwritten cards  Handwritten cards are a strategic tool to make more connections, but it's not just about sending out a handwritten card and disappearing. How do we make sure we're consistent in our care and communication?   Guest Bio John Israel is a keynote speaker, author, and founder and Chief Gratitude officer of Mr. Thank You, a consulting firm focused on client and employee retention. John is one of the most sought after speakers and trainers who teaches companies both big and small how to Become Irreplaceable with their clients, team, and VIP's. In 2016, John started a personal social experiment around “human connection” that became a world-wide movement, a book, and TEDx talk titled: The Mr. Thank You Project. John's Mr. Thank You story has been featured on ABC News, Fox News, Good Morning America, and his clients include global brands such as: Square, ReMax, Fairway Mortgage, Sales Force and many others. John's goal is to help people build a sustainable sales and business career that supports their ideal life. To learn more, visit https://mrthankyou.com/.    About Your Host Real Producers Podcast is hosted by Remington Ramsey, creator of the Real Producers brand that reaches more than 120 markets nationwide. He is a real estate investor as well as an avid reader and writer. Remington calls Indianapolis home and enjoys life on the lake surrounded by his wife and their three girls.   Follow the show on our website, Apple Podcasts or Spotify so you don't miss a single inspiring episode! Start a Real Producers Magazine in YOUR Market! Learn more about franchise opportunities at realproducersmag.com

Today on the podcast, we are joined by Bryan Kerswell with Fairway Mortgage. Before Bryan began his career in the mortgage industry, he was doing credit repair and credit restoration. As a FICO certified credit advisor, he has an extensive knowledge about credit and how to rebuild it & maintain it for proper buying power. We're so excited for him to share some of this knowledge today! Recommended resources: Self.Inc NerdWallet.com CreditKarma.com You can contact Bryan at 651-230-5684

In this episode of Raising Real Estate Standards we sit down with mortgage industry veteran Bradford Thomas of Fairway Mortgage to unpack the current lending landscape and share crucial insights for both real estate professionals and homebuyers. From decoding the recent market shifts to revealing lesser-known mortgage options, Bradford breaks down how jobs reports and federal rate decisions really impact mortgage rates (spoiler: it's not what you think).Learn why today's 'mini buyer's market' might actually be the perfect time to buy despite higher rates, and discover innovative loan solutions for self-employed and gig economy workers. Brad shares insider tips on streamlining the lending process and reveals why the relationship between agents and lenders is more crucial than ever. Whether you're a real estate professional or potential homebuyer, this episode delivers actionable insights you won't want to miss.Bradford's Contact Info:Website: https://www.bradfordthomasloans.comEmail: bradfordt@fairwaymc.comPhone: (336) 714-1564The opinions on this podcast are Mark and Brian's and not in any way a reflection of RE/MAX or anyone else in the industry.Social Media and Contact InformationLink Tree:  https://linktr.ee/raisingrealestatestandards

Every year, millions of vacation days are rendered worthless to the employees who earned them. As employees accrue vacation time, the value of that time sits as a liability on a balance sheet and that number can drastically increase over time. While the first option for employees should be to use all their paid time off, the next best solution is to gain value from a benefit that would otherwise expire. Joining Bill Banham on the show this time is Rob Whalen, CEO & Co-founder at BNFT (formerly PTO Exchange), the first benefits platform that allows employees to self-direct the value of their unused paid time off (PTO) for other needs and causes. About Rob WhalenRob is a serial entrepreneur who has over 25 years of experience selling and developing software and hardware products.While building the company, Rob and his co-founder, Todd Lucas, found their mission was to enable flexibility in those benefits that employees earned but could not utilize. They also discovered that by enabling this capability and accountability, BNFT created equity and inclusion for workers to be compensated for their accrued productivity - creating a better benefit.About BNFT (PTO Exchange)BNFT is a comprehensive benefits platform for employees to unlock the full flexibility and value of their total rewards while providing HR teams with a low-cost and easy-to-use tool. PTO Exchange and LPA Exchange are powered by BNFT, which brings innovative solutions via one platform. Companies will have the flexibility to design cost-effective benefits while also empowering their employees to choose the benefits that support them through their transitions. BNFT is SOC 2-certified and trusted by Fairway Mortgage, Howard Brown Health, Agile Defense, UCare, Praxis Engineering, STRATACACHE, and others.We do our best to ensure editorial objectivity. The views and ideas shared by our guests and sponsors are entirely independent of The HR Gazette, HRchat Podcast and Iceni Media Inc.Feature Your Brand on the HRchat PodcastThe HRchat show has had 100,000s of downloads and is frequently listed as one of the most popular global podcasts for HR pros, Talent execs and leaders. It is ranked in the top ten in the world based on traffic, social media followers, domain authority & freshness. The podcast is also ranked as the Best Canadian HR Podcast by FeedSpot and one of the top 10% most popular shows by Listen Score. Want to share the story of how your business is helping to shape the world of work? We offer sponsored episodes, audio adverts, email campaigns, and a host of other options. Check out packages here. Follow us on LinkedIn Subscribe to our newsletter Check out our in-person events

Amy Slotnick has over 40 years of mortgage industry experience. As Regional SVP of Fairway Mortgage Corporation, she both manages a branch and helps buyers with mortgages. She is a constant top producer, with multiple awards and recognitions to her credit.Amy believes that education and customer service are the keys to success in the mortgage industry. She puts her many years of experience to work for customers to keep them confident and informed throughout the loan process.Winning Business Radio is broadcast live Mondays at 4PM ET.Winning Business TV Show is viewed on Talk 4 TV (www.talk4tv.com).Winning Business Radio Show is broadcast  on W4CY Radio (www.w4cy.com) part of Talk 4 Radio (www.talk4radio.com) on the Talk 4 Media Network (www.talk4media.com). Winning Business Radio Podcast is also available on Talk 4 Podcasting (www.talk4podcasting.com), iHeartRadio, Amazon Music, Pandora, Spotify, Audible, and over 100 other podcast outlets.

We had a blast on this episode talking with Heidi Ferraro from Fairway Mortgage to talk about her 35+ years in the industry, what it takes to be successful in business, and a little fun bonus at the end. https://www.fairwayindependentmc.com/lo/heidi-ferraro-163067?nmls=163067 Thaddeus Klaus SITOIG: SITO_BUILDING https://www.sitocontracting.com Twitter/X : @SledgeInOffice Mason Oxendale Realtor IG: MasonOxendale

Welcome to another season of Everybody Needs a Nudge, where we bring you inspiring stories of resilience, determination, and triumph. In this episode, we have the incredible journey of Matt Lazowski, a man whose life has been a testament to the power of using difficulty as a stepping stone. Born and raised in West Hartford, Connecticut, Matt's upbringing was shaped by the experiences of his father, a Holocaust survivor. After enduring the unimaginable, Matt's father found a new life in America, becoming a plumber after spending two years living in the woods. A pivotal mentorship changed Matt's trajectory with high school football coach Frank Robinson, who imparted valuable lessons: Taking his advice to heart, Matt excelled on the football field, playing center and guard while also focusing on the fundamentals of life – where attention to the little things ensures that the big things take care of themselves. His academic journey led him to Syracuse University, where he studied Psychology and TV Production. There, he forged a lifelong friendship with his roommate, Derek. After college, Matt joined his father in the plumbing business, attending tech school at night to become a master plumber. However, life took another turn when he transitioned into the tech industry for transportation and parking. Matt soon ventured into entrepreneurship, creating his own business with a northeast territory and relocating to Sudbury. As 2020 unfolded and the world faced unprecedented challenges, Matt decided it was time for a change. Fueled by the philosophy of "life's too short," he transitioned to a completely different field, entering the world of mortgages at Fairway Mortgage. Today, he stands as a top 10 loan officer for the company and is among the top 1% in the country. Join us in this riveting conversation with Matt Lazowski as he shares his journey of using difficulty as a driving force and embracing the philosophy that "life's too short" to settle for anything less than what makes you truly happy.

Hour 3 -  Nick Reed is live at Scramblers Diner for the Friday Road Show: Nick reads a letter from an SPS teacher. The Fox News debate between Democratic California Gov. Gavin Newsom and Republican Florida Gov. Ron DeSantis had several tense moments as the two governors clashed over policies related to abortion, crime, taxes and COVID-19. ALSO -  Anthony Carriker stops by: Anthony talks about loan options for Veterans. He also gives an update on their recent move to Fairway Mortgage. Russell with Foreman Mechanical stops by to talk about Nick's Favorite Things: Russell gives you some tips to keep you warm this winter. CHANGE YOUR FILTERS! That is one thing that is often overlooked. Also check you batteries in your thermostats and monitor your propane levels.

Hour 3 -  Nick Reed and Sarah Myers are live at Scramblers Diner. Here's what Nick covers: Frustrated by what he argues is a lack of support by President Biden's administration, Republican Gov. Chris Sununu of New Hampshire is taking matters into his own hands to help secure his state's northern border with Canada. The White House press team posted a photo Wednesday night showing President Joe Biden shaking hands with U.S. special operators during his visit to Israel. The operators, whose faces were not blurred out in the photo posted to the official White House Instagram page, are presumably in the country to help rescue American hostages being held by Hamas in the Gaza Strip. ALSO -  Anthony Carriker stops by: Since Alex and Anthony switched to Fairway Mortgage, they want to host an open house! The open house will be on Nov. 9th at their new office - 1350 E Kingsley St A, Springfield, MO 65804. Anthony shares some industry news. Bruce with Beadles Property Maintenance joins Sarah this morning: If you're a property owner, listen up! Beadles Property Maintenance has a maintenance program that is great for rental properties. You will no longer have to stress about painting, leaks, or swapping out appliances. Bruce also wants to remind you to clean those gutters! Have a home repair? Beadles wants to help! 417-840-3330

Hour 3 -  Nick Reed and Sarah Myers are live at Scramblers Diner. Here's what Nick covers this hour: Officials from the FBI and the Department of Justice (DOJ) were “openly mocking” congressional inquiries about the Hunter Biden investigation into his taxes and firearms possession, a newly released IRS memo alleges. ALSO -  Anthony Carriker stops by: Don officially announced his retirement. The recent change from USA Mortgage to Fairway Mortgage. Fannie Mae has announced that, starting from the weekend after November 18, 2023, it will accept 5% down payments for owner-occupied 2-, 3-, and 4-unit homes. This marks a departure from the previous multifamily financing requirement of 15-25% down payments for duplexes, triplexes, and four-plexes. Luke with Beadles Property Maintenance joins Sarah this morning: Since Bruce is away, Luke talks about what it's really like to work for Beadles Property Maintenance. What makes Beadles different than other maintenance companies. Beadles not only does work for homeowners and realtors, but they also do property services for rentals as well. If you need a home repair or maintenance, give Beadles Property Maintenance a call today! The ever-so awesome Jeremy joins us: We have an exciting new announcement for you. Next Friday, we're hosting a new Heroes Breakfast... This one's for first responders. If you're a firefighter, EMT, law enforcement, or health care worker, you can get a free breakfast on us. This will be held at Scramblers Diner from 6 - 9am on Friday, October 13th. Special thanks to our sponsor, The Pyramid Roofing Company, for helping make this possible.

Mike Facchini of Fairway Mortgage is a Mortgage Lender and Investor with over 20 years of real estate experience! Mike starts with insights on the real estate environment leading up to the Housing Crash and compares it to today's market! He drops golden nuggets on indicators by the lending industry that precede and foreshadow what is to come in the economy. Mike shares his investment strategy and his geographical areas of focus centered around neighborhoods with high quality properties and tenants! Throughout the show, Mike emphasizes the importance of getting in the game and time being your biggest asset when it comes to real estate investing and building wealth! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guests: Mike Facchini, Fairway Mortgage ----------------- Guest Questions 04:29 Keep up with property maintenance to avoid negative attention! 06:38 Intro to our guest, Mike Facchini! 09:22 Real Estate before and leading up to the Housing Crash! 16:05 Mike's experience with bridge loans. 17:39 Tenant horror stories! 22:33 Lending environment now vs pre-crash. 24:43 Mike's investment strategy! 27:18 Neighborhoods Mike is focusing on! 36:36 Talking New Construction. 44:31 Financing options to create opportunities. 54:13 What is Mike's competitive advantage? 54:48 One piece of advice for new investors. 56:02 What do you do for fun? 56:25 Good book, podcast, or self development activity that you would recommend? 57:00 Local Network Recommendation? 57:54 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

So many things are happening in the real estate market. Inventory shortages, higher interest rates, decisions on buying and selling, how can we make sense of it all? Then what about the economy? Inflation and job numbers all of these things and more have an effect on our current real estate market. And we are all trying to time the market…should I sell, should I buy, what's the answer? On this episode of Real Estate Right Now, Michael Martin of of the Martin Mortgage Group and Senior Branch Manager of Fairway Mortgage helps us navigate these uneasy waters, to give us a little more clarity and even gives us some[...]

On this weeks episode I discuss:  How possible it is for you to buy a house.  I discuss the different programs and assistance you can get buying your first home. Did you know you could come up with very little out of pocket for buying your new home? Did you ever wonder how to get a downpayment when buying a house? Are there programs to help finically with a down payment? How much money do I have to come out of pocket for a down payment?

In this episode, Ed and Jefi catch up with Jeremy Patterson, a mortgage expert and the owner of Fairway Mortgage in San Diego, California. With over 15 years of experience in the industry, Jeremy has helped numerous clients achieve their homeownership dreams. Jefi, Ed, and Jeremy discuss the current state of the mortgage market and how it has evolved over the past year. They also talk about current interest rates, loan application volume, and the impact of the pandemic on the real estate industry.QUOTES“As loan officers and as realtors, we need to be having better conversations about where people are fiscally. Are they doing okay with inflation? Are they managing credit card debt? Do they need other services or help from us? Do they need a budget from us?” -Jeremy Patterson[13:49]“Supply and demand. Typical economics say with no supply and less demand, it doesn't matter because as long as demand is there to meet the supply, it will still go up. And that's the interesting part. We're not building enough homes. There's no way we're going to catch it.” -Jeremy Patterson [17:40]TIMESTAMPS01:16 The unpredictability of the past year04:19 Explanation of the government's shift in buying mortgage backed securities06:50 Advice for buyers and the unpredictability of the market11:17 Needs-based clients and driving the market with first-time buyers and last-time sellers17:40 Homeownership becoming a commodity due to lack of supply and high demand21:02 Cash offers and need for agents to better represent clients with lending offersRESOURCESNever Split the DifferenceThe Five Dysfunctions of a TeamThe Peak ExperienceThe U.S. Housing Market Has PeakedWhy Rising Mortgage Rates Push Buyers off the FenceThe One Thing Every Homeowner Needs To Know About a RecessionCONTACTMessy in the Middle: messyinthemiddlepodcast.comEd Billings: edbillings.comJefi Moultrie: jefisrealestate.com

SPAAR's Education & Events Director, Kristin Parker, sits down with two SPAAR Affiliate Members: Cindy Allen of Bay Equity Home Loans and Steven Tran of Fairway Mortgage to talk about First Time Homebuyers – what REALTORS® can do to educate and better help these consumers become a homeowner.

There are ways to save money when it comes to the actual cost of a home loan, and sometimes it comes down to the right strategy. Abbey Wentland, Senior Loan Officer with Wisconsin-founded Fairway Mortgage might just be the savings superhero of home loans. Abbey helps home buyers navigate the sometimes tricky unknowns of getting the best loan and is a seasoned expert in the process. She joins In The 608 hosts Ben Anton and Adam Elliott where we also get her thoughts on the current status of interest rates and what they mean to you. Get advice on home fixes with the "Top Of The Hour Tip." Go in-depth with advice for buyers and sellers with the "Market Update”' from the Lauer Realty Group. Get the bigger picture of the economy as it relates to the national real estate market with Phil Plourd and Phil's Phone-in that looks “Beyond the 608." Episode 5.3 - March 2023.

A competitive edge for buyers when you go to make an offer! Abbey Wentland from Fairway Mortgage @fairwayimc joins us once again to explain what fully underwritten pre-approvals are and how they help you! Learn More and Subscribe Facebook: https://www.facebook.com/gladuestoppedby/ Instagram: https://www.instagram.com/gladuestoppedby/ The Gladue Team: https://www.gladuestoppedby.com/ #madisonwi #realestate #underwrittenpreapproval #mortgage #locallender #yourmadisonrealtor

A competitive edge for buyers when you go to make an offer! Abbey Wentland from Fairway Mortgage @fairwayimc joins us once again to explain what fully underwritten pre-approvals are and how they help you! Learn More and Subscribe Facebook: https://www.facebook.com/gladuestoppedby/ Instagram: https://www.instagram.com/gladuestoppedby/ The Gladue Team: https://www.gladuestoppedby.com/ #madisonwi #realestate #underwrittenpreapproval #mortgage #locallender #yourmadisonrealtor

The Consumer Quarterback Show hosted by Brandon Rimes, joined by guests: Karina Faust of Mold Solutions USA, Diane Vance of Fairway Mortgage, and Alex Lima of Blackbelt Fitness and Martial Arts.Listen to Karina Faust talk about how Brandon and their son getting sick from mold.Listen to Diane Vance talk about the recent updates in the mortgage world!Then listen to Alex Lima talk about training with injuries, nutrition, and UFC updates! Hosted on Acast. See acast.com/privacy for more information.

I had a great time talking with Cameron about what we are seeing in the Arizona Real Estate Industry and dove into the details in regards to interest rates and how they have affected mortgage payments. I hope you enjoy our conversation

I had a great time talking with Cameron about what we are seeing in the Arizona Real Estate Industry and dove into the details when it comes to the the lending industry.

This week on Off The Court Episode 10, a podcast focused on athlete nutrition, mental health, and training, Dalton Solbrig talks to Dr. Peter Zhu who is a Physical Therapist. Dr. Zhu grew up doing a lot of water sports and loves to work with active individuals from weekend Warriors to professional athletes. Mahalo to Fairway Mortgage for sponsoring Off The Court

SUMMARY In this episode of Messy in the Middle, hosts Ed Billings, and Jefi Moultrie talk with Jeremy Patterson, a lender at Fairway Mortgage in San Diego. Jeremy shares his passion for educating people about financial literacy. He talks about the benefits of having home ownership in your financial portfolio and how it can be a way to protect your family for generations. Jeremy also discusses the current real estate market and how to help clients navigate fears amid a recession.   QUOTES “Equilibrium is six months. So it is still a very healthy market. It is just not pants on fire hot. It's hot. So it's resetting expectations.” - Ed Billings [13:23]   “These things are all so intertwined. It's beautiful because you are leveraging an amazing asset, which is your home, to do something that sets you up for your future.” - Jefi Moultrie [20:33]   “My job is not knowing mortgages. It is serving people and helping people make great decisions. I don't care what the decision is. I think it is more important to give them the data.” - Jeremy Patterson [10:11] TIMESTAMPS [00:30] Intro [01:00] Jeremy's “why?” [03:17] Buydowns [08:09] Recession and the real estate market [11:03] The current state of loans and the ability to qualify for them [14:06] Home Equity Conversion Mortgage [20:11] Financial planning [24:25] Starting the conversation: Reverse Mortgages [27:54] Jeremy's market predictions [29:37] Outro   RESOURCES The Peak Experience The U.S. Housing Market Has Peaked Why Rising Mortgage Rates Push Buyers off the Fence The One Thing Every Homeowner Needs To Know About a Recession   CONTACT Messy in the Middle: messyinthemiddlepodcast.com Ed Billings: edbillings.com Jefi Moultrie: jefisrealestate.com

College housing can be expensive, and it's not even guaranteed on all campuses for first year students. In this episode, Kim Venable, Senior Mortgage Planner with Fairway Mortgage, joins us to share her experience and expertise on purchasing a home for college housing. If you can afford it, not only is this solution more affordable and cost effective for your student and their roommates, but you'll also have a profitable rental property for years to come.Some key takeaways from this episode:Consider purchasing an investment property with 4 or 5 bedrooms for your student and 3-4 other students to rent from you. They'll all pay significantly less than they would for student housing or an apartment near campus.If you purchase your home in your student's name, they'll be able to build credit and both the required down payment and interest rates will be lower since they'll qualify as a first-time home buyer of a primary residence.Once your student graduates, you now have an investment property that you can continue to rent to incoming students. The Admissions Club Podcast is your one-stop shop for all things college admissions, complete with a nostalgic 80s playlist and Gen X vibes. It's hard to believe that we've traded in scrunchies and Bruce Springsteen posters for walking our kids through the college admissions process!  But, I'm here to share my 25 years of higher education experience, with 10 years of direct college admissions experience, with you and your student so you don't have to walk it alone.Connect with Elizabeth!WebsiteFacebookYouTubeLinkedIn

In this episode we interview Kyle Hiestand with Fairway Mortgage and talk about the state of lending today as well as how important is it that your lender and Realtor have a relationship.

NEW EPISODES EVERY THURSDAY!

Having your affairs in order are key to making sure your wishes are followed in case of accident or death no matter your age.  Mick and Sam of Phocus Law detail the documents you should have to carry out those wishes legally.  Ryne Jakobus of Fairway Mortgage explains what a renovation loan can do for remodeling your home.  Plus homeowner questions and more!

Months of Inventory for May landed at 0.67% or 20 days.  A balanced market, when supply equals demand, is defined by 6 months of inventory.  Yet, on the street, real estate agents and buyers “feel” like we are headed towards a balanced market.  Close to List came in at 105.33% telling us buyers are still paying more than asking on average.  If you look at over $1 million dollar homes, those went for 107.12% close to list. And median days on market were still a hot 4 days.  Yet some listings had few to no showings their first weekend on market and the median closed price actually dropped 0.24%. 197 more homes sold and 631 more homes went under contract than last month, while 72 fewer homes came on the market to choose from.  Given these numbers it's obvious that the active listings count pulled on the last day of May, on a Tuesday, would jump 14% from last month and 76% from last year giving buyers 3,652 homes to choose from. Right?  Buyer demand as measured by the United States MBA Purchase Index dropped 12.3% during the month of May.  Mortgage purchase applications softened as interest rates hit an average of 5.62% for a 30-year fixed mortgage on May 7th per the Mortgage News Daily survey. Application numbers remained muted even while rates dropped 0.5% during the 2nd half of May. With all the graduations and holidays, did buyers not notice? Buyers and sellers alike are trying to figure out how to time this market.  A market in transition is sending mixed messages. Inventory is still painfully low.  Closing 5,445 units last month means we need 32,670 homes for sale for a balanced market, an unrealistic number given Denver's propensity for being a sellers-market.  I'd be thrilled with even the 10,527 average active listings we've seen in May from 2008 through 2022.  There is a third of that today. But rising inventory will be the tell-tale of an easing market.  And we would expect to see rising inventory given consumer inflation of 8.3% and mortgage rates above 5% should cool buyer demand. Mortgage rates are expected to stay above 5% through 2022 as the Federal Reserve kicks off quantitative tightening on the 1st of June and plans on raising the Fed Rate by 0.5% in June and again in July.  We will know more as the Fed releases their Dot Plot Map at their June meeting; giving us clues as to where they see the Fed Rate going for the rest of 2022 as well as 2023 and 2024.  Many economists expect rates to stay where they are or even go a little higher as inflation continues to prove less transitory and weighted more on longer-lasting wages, housing, and the geopolitical events happening around us. These higher borrowing rates on top of our 18.42% year-to-date higher median closed prices could and should yield us longer days on market, higher active inventory counts, and softer month-over-month price growth as buyers become more decerning and slower to pull the trigger.  Sellers will need to adjust their strategies to continue to attract more buyers.  8.3% of closed transactions this May reduced their asking price prior to receiving an offer.  This compares to 6.9% in May of 2021.  Those properties that reduced their price spent a painful average of 28.4 days in the MLS compared to 7 days for those with no price reductions.  Sellers with homes on busy streets, odd layouts, or deferred maintenance might have missed their winning opportunity.  But for the rest of the sellers, pricing right and staging well will continue to reap rewards given our current months of inventory and close-to-list. Because buyers are still buying and willing to pay a premium.  Despite consumer confidence dipping 2.2 points, retail sales are up 0.9% month-over-month and 8.2% year-over-year.  Luxury sales, travel, and housing are all winners in the eyes of today's buyers.  As the number one hedge against inflation, housing will continue to remain strong even as we move inches towards a balanced market.  Because while the wealthy are spending $195 million on Andy Warhol prints of Marilyn Monroe and $143 million for 1955 vintage Mercedes Benz as hedges, the rest of us can count on a good home continuing to grow at a good pace providing stability and financial security as our hedge against inflation. Until next time, that's a wrap for this month's Market Trends update. It's my pleasure to keep you updated, Nicole Rueth of The Rueth Team of Fairway Mortgage

The Spring Market in Minnesota Real Estate continues to be very active. Mortgage interest rates are way up in the last few months - how will that affect home prices? Is more inventory coming? Top Small Team in Minnesota and Wisconsin with RE/MAX Results, The Carstensen Team is joined by Michele Baldwin of Fairway Mortgage and answers your current real estate and financing questions! 

Today we are talking all about real estate investing. Are you thinking about investing in a rental property or VRBO? Well, my friends, I wanted to have a conversation with one of my dear friends and fellow professionals in the industry, Carrie Guarrero. Carrie is an executive vice president for Fairway Mortgage, and she has an extensive career in real estate and mortgage. She, herself, is a real estate investor, and she's going to share some of her personal experiences, as well as some of her industry knowledge. She'll talk about important differences between long-term renters and vacation renters, and the mindset you need to adopt if you're going to invest in real estate. So if you've been thinking about real estate investing, this episode is for you!So listen and please share this episode with friends.Find out more about Forethought Planning: www.forethoughtplanning.comFollow Forethought Planning on social media:FacebookLinkedInYouTube channelScore our free Wealth Assessment tool on our website.Securities offered through LPL Financial, a member of FINRA/SIPC. Advisory services offered through Advisors' Pride, a SEC registered investment advisor. LPL Financial, Advisors' Pride, Forethought Planning and the guests of Thrive For[e]ward podcast are separate and unaffiliated parties. The views expressed here are those of the participants, and not those of Forethought Planning, Advisor's Pride, or LPL financial. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. LPL Financial and Forethought Planning do not offer legal services.   

In this episode, Dalyn Hazell sits down with Nick & Sam Riccio to discuss house hacking, how they've been able to house hack really expensive homes and explode their net worth and take real estate careers full time.Husband and wife team Samantha and Nick Riccio began their investing journey in 2017 with a small condo in East Boston. Since then, they have acquired 8 additional units in Boston, and have done large-scale renovations on all of them. In the past year, their equity in their properties well surpassed $1M and due to the sizable amount of equity & cash flow, they both were able to leave their steady W2 jobs and pursue their passions. Nick is now a Residential Loan Officer at Fairway Mortgage, and Sam is a Licensed General Contractor. As co-owners of Eagle Hill Homes, their construction and design business, Sam handles all things client-facing, construction and design-related, while Nick spearheads all business operations and development. The couple is continuing to invest in their own portfolio as well as help other investors and aspiring investors, secure and finance their properties as well as renovate them to ensure they will become a cash-flowing asset.Key takeaways from this episode: 02:40 - Starting real estate at an early age07:59 - Why choose house hacking11:04 - How to start house hacking11:57 - The benefits of getting a realtor agent 13:57 - Refinancing strategy15:03 - Improving units through renovations19:16 - Getting more money back on the refinance20:53 - The highs and lows of managing a property while living in that property22:58 - A general contractors role in real estate investing26:22 - A mortgage loan officers role in real estate investingTune in to learn more valuable information from this episode!Subscribe, Listen to our episodes and leave us a review:Apple: https://podcasts.apple.com/us/podcast/real-estate-investing-for-freedom/id1570870735Spotify: https://open.spotify.com/show/2d3nMp137jfw6MDyPPsY3jGoogle: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xNzkxNDk0LnJzcw==Connect with Guest, Nick & Sam Riccio:Sam's Instagram: https://www.instagram.com/samanthalriccio/Nick's Instagram: https://www.instagram.com/nick_riccio_/Connect with the Host, Dalyn Hazell:Facebook: https://www.facebook.com/dalyn.hazell/Instagram: https://www.instagram.com/dhazell24/Email: dalyndhazell@gmail.com

In this episode, we interview Mike Facchini, Branch Manager at Fairway Mortgage. Mike shares about his first experience house hacking with hopes of making some passive income to use as beer money. Mike also discusses personal vs. investment property and discusses his personal renovation setbacks. Stay Connected with Us!

Everything about financing a primary residence, your second investment property, avoiding PMI, first time home buying programs, tips, tricks, and all real estate insights with one of the industry's finest

This week's episode is so much fun and also centered around a common question I get when helping clients buy a home. Credit scores can be confusing, they can seem unfair and overwhelming if you do not know how to raise your score, how to build a score or what score you need to buy a home. I brought one of my trusted lenders, Troy McNeely from Fairway Mortgage to explain to you what is a good credit score, how to build credit and how credit is measured when trying to qualify for a mortgage. We hope that you are able to grab a few good points from this podcast and are able to feel more in control of your credit to help you finally buy a property and start raising your wealth through real estate!As always, to ask questions or connect follow me @sellingthepeachystate on Instagram. I love to address questions I receive and help you out in the journey of buying and selling real estate! Support the show (https://pod.fan/dashboard/real-estate-unfiltered/overview)

Let's go through some of the facts and fiction of purchasing a brand new home. Let's start out with one that tends to be the main selling point for new builds. You can customize your home and the basic options included and/or upgrade options available. There's no need to pay a contractor after you've closed to redo that pink tile in the bathroom because you participated in the finishes for your home. Because you get to help in the design, new builds tend to feel much more like home right off the bat. So who doesn't want that? This also means that your home is equipped with the monitored amenities so there's no upgrading needed once you move in, nor do you need to do that deep clean since you're the first homeowner. Another fact is that new builds in today's market can be easier to secure. Once you pick a builder and if they have a home available, you can secure it without competing against multiple buyers or over asking bids. Although finding a builder with a lot available in today's market is a bit harder these days. Colorado has luckily not yet gone to the lottery system for lots like some other states, Arizona. You should also prepare for a longer timeline and slightly higher costs given today's market conditions. ----more---- So let's move on to some myths. While you need to be pre-qualified for a new build, sometimes a year in advance, you don't finalize your loan until 30 or 60 days before getting the keys just like an existing home. This means that you need to play the long game with your lending team. And that could mean updating your loan documents several times along the way. You will still want to ensure that you do not purchase any big items or have a negative report on your credit during that waiting time. You will also typically not lock in an interest rate at the very beginning, but look to lock in closer to that 30 to 60 days before you close. If today's low rates sound appealing because they are, you might want to consider doing an extended lock, which you can go out as far as nine months before you close. But use caution here because anyone who has lived through home renovations knows that things can get delayed and a finished date is not always guaranteed. And you don't want to be stuck with expensive lock extension fees. Another myth related to your lending relationship is that you can't use your own lender or that the builder's incentive is so steep that you will need to go with their lender to get it. Well, we have great news for our clients. The Rueth Team is able to match builder's incentives to give our buyers the new build that they're craving and the service levels provided by our lending team. Our last myth today is that because your home is new, you won't run into any maintenance issues. However, while you should not run into significant issues with things like the foundation or outdated windows or general wear and tear, there's still a possibility of things going skew. Supplies can come in faulty from manufacturers. Installation can be rushed. And of course, with all homes, unexpected things can go wrong. And so while you're less likely to run into them with a new build, just because it's new does not mean it's fault-proof. New builds are a great option for homeowners that want modern new homes without the hassle of renovations. In today's hot seller's market, they may be easier to find, but many of the larger new build sites are outside of the Denver area, meaning you may have to commute a bit longer as a trade-off. Overall, they're a great option for first-time homebuyers or move-up buyers. So let us know in the comments below what you prefer. Is it a new build or is it purchasing an existing home and looking at renovating? And if you're thinking about a new build, don't forget to give us a call. Nicole Rueth with The Rueth Team of Fairway Mortgage. We look forward to serving you.

Jimi Ryan, Loan Officer on Team Get It Done at Fairway Mortgage, joins the 18th episode to provide his insights and best practices in the Lead Management domain. As more and more Consumer Direct mortgage lenders have started to make a shift into the Purchase world, Jimi offers his advice and strategies into successfully closing purchase transactions month after month. We discuss his optimal purchase contact strategy and the review the unique strategies he uses to keep customers engaged and remembering him after every phone call. Lastly, we chat about his latest venture called the "Get It Done Podcast" where he interviews those in the real estate industry to share their stories of hard work and adversity on their way to "Getting It Done". Jimi is currently in the middle of "Realtor Month" where he is interviewing 30 Realtors in 30 days so be sure to check it out!

Meet Brittney Hansen! Brittney is the mother to a white fur baby dog named Billy Idol, whom she loves to spoil. Brittney is a managing partner of a Fairway Mortgage branch, co-owner and CFO of The Success Collective, and has a huge heart for her community and making a difference. When global pandemics aren't stopping her, she enjoys traveling the world and trying new things. She loves hiking, relaxing by the beach, is an avid reader and hot tubber, and is a closet concert addict.

Agents and sellers may not know that VA loans aren't as difficult as they used to be. Active duty veterans, National Guard and Reserve are all eligible. Listen along as we discuss the required repairs, inspections, if gifts are allowed and how realtors can explain things to their sellers that is fair and current. Learn how a veteran buyer financially sets themselves up more successfully in a competitive market. Key Takeaways To Listen For Brian shares why he loves VA loans Who is eligible for VA financing on residential real estate? What is the current situation with required repairs and inspections Getting a gift depending on type of loan Does the VA use the same standard as the rest of the state How does a veteran buyer financially set themselves up more successfully in a competitive market Can local lender use local appraiser when doing VA appraisal About Brian Floyd Brian Floyd with Fairway Mortgage of Concord, North Carolina Lenders who happen to be a veteran himself.   Connect With Leigh Please subscribe to “Real Estate from the Rooftops” in Apple Podcast, or your favorite Podcast App, and on YouTube and Rumble—and never miss a beat from Leigh by following her on Instagram. As always, if you need a rockstar REALTOR® who is involved in political advocacy, homeownership rights, and is always in the know, call on this girl at leigh@leighbrown.com.  Click Here to Subscribe to Leigh's other podcast Crazy Sh*t in Real Estate!

Wow! The 425 Show is officially 3 years old! Supporting local businesses and sharing what makes this such a great place to live has always been a passion of mine. I'm grateful that the show gives me a chance to do that every week. We thought it was only fitting to celebrate with Vanessa Rimkus […]

Blake Ginther, The Ginther Group and Ashley McKenzie Sharpe, The Sharpe Team at Fairway Mortgage work together to make your home buying experience as smooth as possible. They talk ALL things real estate and give us some tips for how to prepare for the buying and/or selling process. You can contact Ashley at fairwayloansbyashley.com or 336.575.9448 and contact Blake at theginthergroup.com or 336-283-8689.

*Tapes Thursday noonTHIS SHOW AIRS: MONDAY 3.01.21 --------------------------------------------------*NOW LIVE STREAMING TO MULTIPLE PLATFORMS*Facebook / Youtube / Periscope------------------------------------------------------------------LISTEN MONDAY – THURSDAY AT 4PM ON AM860 / 93.7 FM SMART TV OWNERS CAN SEARCH BINGENETWORKS TO FIND US ON Roku / Firetv / Appletv /Amazon*Sunday show 102.5fm THE BONE SEGMENT 1 (:16 min) 24:30 to 08:00 OPEN: Who we are, What we do, todays show... SPONSOR – REPLENISH IV SOLUTIONS PROPERTIES (2) DIANE VANCE – FAIRWAY INDEPENDENT MORTGAGE Get the latest information about rates and projections for future rates from Diane. Diane and Ray discuss recent deals that they put together, and how trends are impacting current deals. Fairway Mortgage is headquartered in Texas and Diane tells us how Fairway is helping Texans during the recent crisis. **TEASE COMING UP................ & A FEELGOOD STORY ----------------------------------------------------------------------------------------------------- SEGMENT 2 (08:00 MIN) 08:00 – 00:00 SPONSOR – GOLF CART DEPOT PROPERTIES (2) RAY HALL – RAY HALL APPRAISALS Learn how Ray calculates values for both residential and commercial properties. Listen to Ray give examples of zoning regulations and how residents like Derek Jeter are able to get variance, so he could build a wall around his Davis Island home. Unusual lot shapes and sizes will control how construction can be designed, zoning plays a big role in building options. When it comes to evaluating land for commercial development, Ray often considers how fast the units will sell and the sales prices for those units. --------------------------------------------------------------------------------------------------SEGMENT 3 (08:00) 24:30 to 16:30 SPONSOR – VETERAN GUTTERS PROPERTIES (2) RAY HALL & DIANE VANCE --------------------------------------------------------------------------------------------------SEGMENT 4 (16:00) 16:30 TO 00:30 SPONSOR -BROTHERS EZ MOVING PROPERTY (1) FEELGOOD STORYLots of inspirational stories coming out of Texas, residents are helping one another cope with the winter storm that crippled the power grid and caused major blackouts for Texans. Families, grocery chains, and restaurants all have pitched in to help the needy. 00:30 – 00:00 CLOSE...PLEASE CONSIDER COMMITTING A RANDOM ACT OF KINDNESS... See acast.com/privacy for privacy and opt-out information.

Amanda Snitker, Realtor Coldwell Banker Global Luxury Denver   Nicole Rueth with Fairway Mortgage joined me to share what she saw in the mortgage industry during 2020, how the COVID-19 pandemic shut down impacted lending, and how things progressed throughout the year.  She also shares what projections for lending and interest rates are looking like for 2021.

  There are many paths toward financial independence. But which can take you to it faster? https://www.linkedin.com/in/nicolerueth/ (Nicole Rueth), the Producing Branch Manager of https://theruethteam.com/home (The Rueth Team), believes it is in using home equity. In this episode, she joins Bob Roark and https://www.linkedin.com/in/jaime-nespor-zawmon-b861731/ (Jaime Zawmon) of Titan CEO to tell us why that is so and how she helps people get to them and capitalize on their biggest asset and liability. Featured as one of the 2020 Titan 100, Nicole then shares what characteristics make a Titan of Industry and how you can build a company with the best version of yourself—from habits and rituals to mindset. Join today’s conversation as Nicole takes you into her journey of leaving a legacy and helping people. --- Watch the podcast here:[embed]https://youtu.be/nwB-UwBCUZU[/embed] Leaving A Legacy Through Home Equity With Nicole Rueth, Producing Branch Manager, The Rueth Team, Fairway Mortgage, And Co-Host Jaime Zawmon, President of Titan CEOWe have our co-host Jaime Zawmon. She is the Founder and President of https://www.titanceo.com/ (Titan CEO). Our guest is Nicole Rueth. She is the Producing Branch Manager of https://www.theruethteam.com/ (The Rueth Team) at Fairway Mortgage. Thank you for taking the time. I appreciate the opportunity. Thank you for having me. Nicole, if you would tell us about your business and who you serve? As a lender, I serve people who own homes and want to refinance or buy homes but that's 1/100 of what we do. What my team does and what differentiates us in the market is the fact that we come alongside our clients to evaluate what is the swiftest way to get them towards independence financially using home equity. How do they capitalize on appreciation, principal reduction and rental income? How do they capitalize on what is the biggest asset and liability for most people? We solve the problem of how to finance that first purchase, that move up purchase and that investment property that's going to help take care of your family. When you first started on this path, was that your service offering? I first started as most lenders do dropping off candy at real estate offices, trying to connect with a divorce attorney, and trying to figure out who the financial planner that I was going to get referrals from. I operated it small and I was thinking about how do I get the next deal in my pipeline? It was a couple of years later when I started down this path of creating a team. I come from Corporate America so I manage large scale projects. This is back in the day of Andersen Consulting, now they're Accenture. I knew how to develop teams, strategies or solutions. I had no idea how to track that in mortgage lending. When I got out of the corporate business to have three amazing kids who are now young adults and then got back into a job, which that's all I thought it was. It happened to be in lending but I was trying to originate a loan. I started figuring out that I could originate more loans if I had people beside me that believed the same thing and then I got my first investment property. I had somebody come alongside me that cared enough to spend the time to teach me about what that meant because I didn't know, even though I was in the business. I started teaching other people. I had to pay it forward because I was generously given and I had to give it all away. As I'm giving it away, people want some of that and they're like, “I don't know how to build wealth.” Not real wealth where you invest in the stock market and right now that might be going well but next year it might not be. “How do you create that stability in that foundation?” It was that incremental change that somehow you don't even see coming until it's starting to build on itself and then it does. You realize that you want to start to build something that you're proud of, you can leave a legacy and you're

Steven Curtis and Trisha Stetzel talk about how his Fairway Mortgage business is giving back through Lenders Lending a Hand.Lenders Lending a Hand is a foundation created by Steven and Amy Curtis as a way to give back to our community! Their goal is to serve the immediate needs of the families directly. Often they raise money for a cure but they never leave behind those in any fight or who have immediate needs.Websitehttps://www.stevencurtisloans.com/FB Fairway Mortgage Nasa@fairwaynasaFB Lenders Lending a Hand@lendersgivebackTrisha Stetzel, owner of ResultsXtreme Business Solutions is your host.More About Trisha Herehttps://teamrxc.com/about-trisha/Video versions of Serving the Communityhttps://www.youtube.com/playlist?list=PLnxZ3MPHYPGn61f6JNIQzVg82I7gIZo_dHow to Connect with TrishaFacebookhttps://www.facebook.com/tstetzelLinkedInhttps://www.linkedin.com/in/trisha-stetzel/Instagramhttps://www.instagram.com/teamrxc_resultsxtreme/

In this Episode Chuck and Michelle Carstensen of the Carstensen Team of RE/MAX Results are joined by Michele Brandt of Fairway Mortgage to answer many financing and lender related questions.   Also viewers questions are answered during the broadcast at the end of the show!  Plus through out the show we give insight on the current real estate happenings in Minnesota Real Estate.

Managing Partner Hatem Dhiab follows up with with Jon Grauman of The Agency and Ryan Grant of Fairway Mortgage to keep you up to date with real estate news and trends during the pandemic. How is the industry moving forward while parts of the country are closing back up due to spikes in COVID-19 outbreaks?

Sarah Middleton is President, Sales Development & Recruiting at Fairway Independent Mortgage Corporation. 3:00 - Welcome and banter about how CoVid is affecting real estate transactions 2:05 - Introduction to Sarah Middleton - President of Sales Development and Recruiting, Fairway Mortgage 3:34 - The beginning. Achieving 800 units! A foundation void of boundaries. 7:35 - Be committed to having a system. Systems apply to EVERYTHING. Being systematic about sales calls. 11:06 - Where was the origina of your self-belief? 12:43 - The value of fitting in will be far exceded by achieving the goals that you set. 14:41 - Learn from your mistakes and setting bigger and bigger goals. Having great people in place around you. 15:49 - Sharing knowledge and a shoutout to CEO Steve Jacobson of Fairway Mortgage. Starting a coaching company. 17:56 - Believingin people and speaking greatness into being. 19:09 - The journey to becoming President of Sales Development and Recruiting. I want to be a CEO when I grow up. 22:08 - Taking risks. Being comfortable with failure. Always be growing. 23:00 - How do you help people dealing with failure? 24:30 - Getting fired at lunch. Being introspective and taking a hard look at yourself. Don't wallow. 27:45 - Listening to podcasts. Changing mindset. Never let a good crisis go to waste. ———————————— SUBSCRIBE / RATE / REVIEW

Our number one job in today's environment is to educate our clients. When we do, they win and we, as real estate professionals, demonstrate our value. Knowledge is power. Ryan Grant of Fairway Mortgage educates our Douglas Elliman agents so that they can educate their customers and help guide them into making sound decisions with their real estate assets.

  Welcome to our first Agent Ignite Coffee Talk. I've got my water. As I was telling Jeremy Keen earlier, he's like, "Where's your coffee?" I'm two coffees in already, so I'm already a little shaky and I talk fast anyway, so I'm not sure you guys could keep up if I had a third. That's the New Yorker coming out in me. Our first weekly Agent Ignite Coffee Talk, we're going to do this until we don't. We're going to do this until things settle down again. Right now, things are happening at light speed. It is just changing daily, and so the moment we don't need this anymore, we'll pull back to our monthly, but for right now, we do. The only Fridays that it won't happen on is the Friday that we have the third Thursday monthly agent night. We're going to hold true to that format. I've got Bruce Gardner coming in April. Hopefully, we'll all be back together again in May, but we've got an incredible speaker lineup for our monthly events. ----more---- We're going to keep doing those, so let's jump in. I want to share what happened this week, but I want to put it in the perspective of where we came from.  Listen to the Q&S Session from this week's coffee talk here > RSVP:  Coffee Talk:   https://fairwaymc.zoom.us/webinar/register/WN_5xzg3jN3SDiM8mHV4FNQ0w Agent Ignite:  https://theruethteam.com/Agent-Ignite How fast can you listen or read? Nicole had a bunch of coffee for this so we know she's speaking fast, but if you missed something, you can replay or read through the transcript here: We're going to keep doing those, so let's jump in. I want to share what happened this week, but I want to put it in the perspective of where we came from. Everybody's trying to liken this recession to 2008, or even to 9/11, and I get it. We want to compare it to something, because with that comparison comes a sense of familiarity, something that I can wrap my head around, but it's not necessarily comparable. For that, I want to be very specific that this is different. This, as you guys probably already know, is a pandemic. It is all centered around the Coronavirus. The faster we move towards a treatment plan, the faster we pull out of this. The housing market was the strongest it had ever been. In fact, home sales were at a 13-year high, housing starts were at a 13-year high, we had tight inventory, which we'd love to see more supply. That tight inventory was giving us appreciation. We had strong demand and we're going to continue to have strong demand. You guys saw, if you were last week's Agent Ignite, where I showed you the average age of a home buyer is 33, and for the next five years we have this massive population gain, so thankful for those babies being born 33 years ago, we have this continued demand and life will go on. Kids will graduate, people will have to move, people will have babies, and that's just going to happen and it's going to continue to happen. We have this continued demand and we also have low-interest rates, and we're going to talk about interest rates a little bit, but they have been extremely volatile, but they're still low. On any given day, I'm walking anything between three and a quarter and four and a quarter, and I know that sounds high, today's market, four and a quarter. That swing historically is still at amazingly low-interest rates, and we all know that once we get into a recession, that those rates are going to continue to stay low. We've got a while of low-interest rates on our side, which is going to help affordability. Affordability is fantastic, of course, for those people that haven't lost their jobs, and my heart does go out to them. I'm not removing the fact that this whole thing has a huge health side to it. I'm trying to stay focused on the economic side so that I can provide you guys the stability so that you can continue to educate your clients, I can continue to educate you, but yes, personally, we're all dealing with this, and that I don't take lightly. We also have highly qualified buyers. We had highly qualified buyers coming in, non-QM, which is the non-qualified mortgage, had only started ramping up. As you know, it's almost all been gone and it will be years before it comes back. It's just too risky of a product. There's no buyer for the paper. It all comes down to is there an investor to buy the paper that I've got? Then we have a high amount of equity in this country. In fact, we have $15.8 trillion in home equity, meaning all the values of residential real estate in the United States, less all of the loans, we have $15.8 trillion in 2019. That's phenomenal, and as we know, 40% of all homes didn't even have a loan on them. All right, so let's talk really quickly about this week and what we're seeing. Let me get out of here, sorry. All right, so quantitative easing, I feel like was likelier. To infinity and beyond, that's pretty much what was said, and this all started on Monday. I could go back and talk about everything else that the fed had already started doing, the money that they had already started putting in in the initial drop of the fed rate. Let's just look at this week, because this week alone is mind-blowing every single day and the changes that we had. He said, "I am not stopping. I will send as much money as we need, we'll print it." The inflation we'll deal with later, we're taking care of the funding right now. Quantitative easing with no limitations. He was buying everything. Commercial bonds, residential bonds, mortgage-backed securities, as we know them, treasuries. Any kind of government or muni bonds he was willing to buy, so in that case, he was trying to uphold any of the industries that he could. Small business loans were coming into a conversation at that point and the kind of monies, and then he had also instituted something called Main Street, which was given to small and medium-sized businesses. He kicked it right out of the gate on Monday, where he, Powell, had said $75 billion a day to buy treasuries, $50 billion a day to buy mortgage-backed securities. Now, I want to take a step back just for a second, because all that sounds great, but from the mortgage perspective, all of that funding and all of that buying mortgage-backed securities, it creates a supply and demand where our interest rates are impacted and all of a sudden we're going to have situations where lenders are getting margin calls. We're going to go into that in a minute, but those margin calls are not a good thing. When rates go down, individual lenders have to write checks, sometimes in the millions. It could be anywhere from $28 to $32 to $80 million checks per week for margin calls. All of that, buying mortgage-backed security sounds great, but it wasn't actually supporting our mortgage space, it was hurting us. Things have been changing with the stimulus package, so we're going to talk about just a couple of days later. That happened on Monday, and on Tuesday we had a calm day. Home appreciation values came out, and I thought that that was so funny that everything is great and rosy, but remember, all of that is data that has passed, but we were still seeing strong home sales, strong home starts, and we were still seeing strong appreciation. We will continue to see home appreciation and what's going into home appreciation, I'm getting this call constantly saying, "I've got people that are scared to buy because they think we're going to go through a dip and lose value in our homes." They're liking it to 2008. This is not that. If you look at the inventory statistics on 2008 versus today, part of the reason why 2008 happened, the recession didn't cause the housing bubble, the housing bubble caused the recession because we had too much inventory. All of a sudden we couldn't sell that, we had all the foreclosures or short sales, and homes were going for bottom prices. Now, we will have some foreclosures in this market, and I will talk about that in a minute, but not nearly to the extent. As long as we have the low-interest rates, as long as we have the strong demand, and as long as we have the lack of supply, which we have right now, and remember, builders aren't really building right now because of lack of workers and supplies and funding, so we're going to continue to have low supply. Those appreciation numbers will continue. Wednesday happened and we got a stimulus package, right? It got passed by the Senate and it's going to be passed by the House hopefully today, it's scheduled to come out. The COVID stimulus package is even more money, more specifically dedicated, so $1,200 checks written to every individual as long as you make less than $75,000 a year, another $500 per kid, $500 billion towards the airlines, which is beautiful. It was $500 billion towards all of the industries, $60 billion specifically to bail out the airlines, $350 billion for small businesses to keep employees, $130 billion for hospitals, $250 billion to expand the unemployment insurance and services, $150 billion for state and local governments, so that's a lot of money. In that stimulus package is also the forbearance program. At first, Fannie Mae and Freddie Mac had come out saying that they were allowing a forbearance for up to 60 days. That happened last week, so it's not on my schedule and charts here, but this week they're putting that into place where it's up to a year. They're looking at increments, so they're doing 180 days and then an additional 180 days. So they're looking at this going, "Okay, six months to start with another six months already pre-approved, depending on where the economy is." That forbearance opportunity is pretty wide open. Every borrower and you as agents need to know this because you probably have clients asking, they need to contact their servicer. I'm seeing some scams already on the internet trying to get their information. Don't let them just go and do a Google search. Have them contact their servicer and get the process that they need specifically per servicer. Those services are supposed to give them all that information and provide it, and should they be able to say ... Remember, this is a health thing, so you can't dig too deep, but if they say that their family or themselves are impacted by COVID, then they're going to be able to take advantage of this forbearance. Well, that sounds like a great thing, but again, this forbearance is going to hurt our mortgage industry, and it's specifically the servicers. I want to talk about that, but I want you to keep this point in mind because I want to finish the week. Then I want to circle back to how this is impacting servicers and then why people are now saying that gov loans are going away and why I'm hearing some realtors aren't taking a government offer when they get it on their listing, or why I'm now hearing that some lenders are saying it's either, one, going away or, two, the restrictions, and it all comes down to do you have enough people to buy the paper? This forbearance is causing a crisis in the mortgage industry. At first, it wasn't being addressed, but it is now, so the Federal Reserve is now putting together facilities to fund the servicing. They just have to collateralize the paper and they'll get enough money to continue that, so that's going to be a huge win, and we'll find out more after all of this has passed. Mortgage applications, not a huge surprise that they're way down. In fact, we had had an 11-year high just two weeks ago, and then the dramatic declines that we had were the biggest drop since 2009. I only bring that up to say that those of us that are busy right now, we are going to see some level of a slowdown as this continues. The longer it takes to find a treatment plan is the longer we're going to be in this situation, and we're going to have the lack of apps and we're going to have the business slowdown. What we had to do is just be proactive and I'm going to share with you some things that I'm doing in my free time to stay relevant, to stay educated, and to make sure that I'm staying on what's happening. Here was the big news for Thursday. As we come around, towards the end of the week, we got the jobless claims. I don't know if you could fully see the extremity of this change, so the highest that we had had in weekly jobless claims in history was 671,000 jobless claims in 1982. That was the highest. Just last week on March 14, we had 282,000 people file for unemployment. On March 21st, the numbers came out, we had almost 3.3 million people file, and that number should be higher, but literally systems crashed. They couldn't take all of the applications, so next week when this comes out, it's expected to be higher still. It is really interesting when I look back, and Mnuchin had started this last week, and I'd even talked about it at the Mobley agenting night, when he had said that unemployment was going to hit a high of 20%, the reality of that just didn't even make sense. The great depression was 25%, our great recession wasn't even 20%, so for him to say 20% I thought it was a bit extreme. Well, now I'm hearing it could be as much as 30%, but we have to put this in perspective. This is a hard, fast, intense change. It's because people can't go to work, they're stuck at home. They have to file for unemployment, they're being laid off. There will be jobs returning as soon as we can go back to work and get released from our homes. We have to know that that's coming. Will it be the same? No, it won't and some businesses won't come back, but the businesses that can come back and can reemploy their people, they will see some level of normalcy relatively quickly. This economic change right now, or I should say this recession, is not an economic recession. It is because of the Coronavirus, so let's go on. We wanted to show you really quickly, so we track the 2.5% coupon rate. That's a mortgage-backed securities coupon rate, and this chart is a big one. It just simply shows you that rates have been declining. As the coupon rate goes up, that means our interest rates go down. We've seen that this has been trending up since November of 2018. That's what this chart is, but these are candlesticks, so every single one of these little moves, these little red and green movements is the change in the day. Check this out, so this has been my last two weeks. You guys, I am telling you, I can't predict what rates are going to do any day, nobody can. The size of those candlesticks is the volatility in every single day. Every day we wake up surprised, and then throughout the day, we continue to be surprised as we have rate changes. We used to be able to watch the 10-year treasury and know where our rates were headed. We used to be able to watch the 2.5% coupon and know where our rates were going, but due to supply, due to the issues that we're having with servicing, due to liquidity, the system is broken. It just is. It doesn't have the connection, the partnership of those metrics to my results like it used to. What we have to do is simply relate what's happening behind the scenes and how do I communicate that in a way that my clients understand and don't take it out on me if I'm not giving them a 2.99 rate that day? I'd be surprised, honestly, if we saw 2.99 for a couple of reasons. One, it dang near broke the system. We have $11 trillion in mortgage debt across the country. On an average year, we turn $1-2 trillion. We expect it to turn $5 trillion, almost half of the entire bucket of originations, this year alone, and I promise you it felt like everybody was trying to do it on the same day. It broke the system. In addition, we have the servicing, and I want to quickly touch on that. If I'm an originator and I am originating a loan and I'm thinking nothing about, and I want to originate as many loans as I can, you want to close as many homes as you can. That makes sense. I'm over here and I'm originating loans and I don't think anything about it. Well, when that loan ... Let me actually back up. Before that loan closes, when that person goes under contract, I give them a rate and I lock in that rate, but that rate is locked in as a promise between me representing my company, Fairway Mortgage, and that buyer or refinanced borrower. I lock in that rate and say I locked in that rate of 2.99, because why not? If I locked in that rate, I have to commit to 2.99 to that borrower. Now, in the meantime, the rates are moving every day, as you saw. The rates are moving at massive amounts, and so I need to protect as a company, Fairway Mortgage, and every mortgage company needs to protect against the risks if the rates go higher. Well, when that loan gets sold, when that home finally closes and you get to the closing table and you guys are all excited because everybody just got paid and they just signed and they got keys, well, truth be told, that's when we had to figure out, "Well, I locked that guy in at 2.99, but now the market rate is 3.5, so as a lender, I have to buy that rate back down to the 2.99 that I promised the borrower," and we do that. In turn, if rates go lower, to 2.5, that's not going to happen, but then you have an upside. The upside pays for the downside and the risk. In all of that, we have insurance and if we get outside the scope of what a company should theoretically be living in, as you know, insurance carriers will only wait so long and so they have this thing called margin calls, and if the rates move too quickly, they don't want to burden that risk anymore. They require the lenders to pay the margin call for the risk that they're holding against those rates. Now, if I as a lender am planning on closing that loan, I'll get paid back some of that money, but not every loan will close. I could be writing a check as much as $20 million, $50 million, $80 million in a week's time for margin calls. It's going to strain those lenders who are not liquid, and that's a real thing. Back to my history, then that loan closes and it goes to a servicer, and that servicer is responsible for it, they pay for the right to service that loan because they collect the interest every month. They have to pay the investor who's holding that note, so that servicer sells the hard paper, the note to an investor, and then they have to pay the property taxes, the homeowner's insurance, and the investor every month. Here's where we go back to the forbearance because that servicer has to pay that investor and the property taxes and the insurance, regardless of whether or not they have any money coming in, but they had no money coming in. Well, servicers expect that to some degree, but these percentages are through the roof right now, which is why a lot of servicers were saying, "We can't buy any more loans, or we're not going to be able to fund these." We've got a lot going on with the servicers right now. Now, luckily, Fannie Mae and Freddie Mac have a limit on that. They say, "Well, the servicer has to pay at least one payment to the investor if they don't receive a payment," and then you could start foreclosure proceedings, and the whole thing goes on. Government loans didn't have a limit, so that servicer had to keep paying that investor for as long as that note was held because that participant or that buyer got a government loan and is in forbearance and is not making their payments anymore. That servicer is starting to seize up because they're still having to pay, but they don't have any money to pay because they don't have money coming in. Therein lies the problem with the government loans and why people are starting to figure out "Can we continue to originate, because will anybody service them?" and you can't do all your loans with cash. We've resolved the fact that there are going to be some lenders that aren't going to be able to do the government loans. Having said that, there's a lot of money coming in from the federal government to protect these servicers. Now, all of those conversations started this week. It also has to do with the fact that those loans were going to try to protect, so when you start seeing all of the lenders start to say, "Well, we're going to tighten the credit box, meaning we're going to increase the credit score, we're going to reduce the debt to income ratio," it's because they're trying to protect what they can sell. Who's going to be the investor for my paper? Because interestingly enough, that 2.5% coupon that I'm watching, that mortgage-backed security might've started out as a 3.5 or a 4% mortgage interest rate that your buyer's closed on. Then they went to the servicer and the servicer took a little bit, and then it went to the aggregator and the aggregator took it a little bit, and then it went through the chain. Now that that mortgage-backed security landed in an IRA or 401(k) at a 2.5% rate that you and I invest in, so we're paying for our own mortgages but after it has gone through the system. I hope that I shared a little bit about what's going on. I know we're going to have a ton of questions and I'm almost done. We have to remember that when this is all over, we are going to get to a place where life is going to return to normal. If you think about it, you've been trapped in that home with your kids and your spouse, and all of a sudden you're going to want to go out to eat. Because you want to stop eating the home-cooked food and restaurants are going to get busy again, and the sons and daughters and siblings are going to want to go visit mom and travel, and airlines are going to get busy again. All those sports fans that have been eager for all those games are going to buy tickets to any games they can. The music fans who have been diligently listening to music online, and I've seen some great concerts online, they're going to want to go see live events and the ticket sales are going to go up. Those athletes, like myself, that have been itching to go, well, then all of a sudden the gym memberships and all of those athletic fields are going to start going up again and, interestingly enough, my question is how sick of that house are they going to want to be and move? Interesting, Home Depot and the maintenance services, those stocks are actually doing well right now. A few sales are up, people are ... They're stuck in their homes, they want to paint, they want to fix, but will they want to live there when it's over? I don't know, might be an opportunity, and certainly a reason I would want to stay in front of my database and communicate with them. Here are three things that you can be doing right now because I told you I was going to leave you with some things that specifically you can do to continue to take advantage of the time that you have. Whatever pauses you have in your life right now, find new friends but keep the old. Ones like silver, ones like gold, that's the old saying from Peter's mom. My husband's mom chimes into my head all the time. Stay top of mind. Keep relationships building. Get on the phone. Call people, check in on them. Be relevant. Call three old clients, call three current, call three new, just whatever you can do to continue conversations and see how they're doing and be a servant. Then, video techs, anything you can do where they can see their faces. Social media, we're doing a ton of live videos. Knowledge is power. Commit yourself to pick up that book that you haven't read, reading two articles a day, getting yourself involved in what's happening so that you could start to see how this is unpacking and where can you go from here. Housing Wire is a great resource, NAR, CAR. I just saw something on NAR, they had a whole series of technologies and training that you could do, so that's a fantastic resource, and then walk the walk. I was talking to somebody last night and they were like, "I was driving through and they were taking pictures and checking out a house and it was that eerie nobody's on the streets, people are all out on their porches looking at me, and it's like, 'Okay, did I just invade a space?'" It was so funny, I was dying laughing, but it's that. People are sitting on their porches, they're relating to one another, they're talking. Granted, stay six feet away. Social distancing is a very real thing, but have that time and get friendly with your neighbors. This is the time to do that, and then if you guys need something to listen to, you need some educational materials, I started up a podcast about a week ago. There is already a ton of content in there, and you can load that up from your favorite podcast sources, whether that's Apple, it's already on Apple, it's on Blueberry, Tunein, and Google Podcasts, so check that out. Nicole Rueth, SVP The Rueth Team 750 W Hampden Avenue, Suite 500 Englewood, CO 80110 303-214-6393 www.TheRuethTeam.com Connect on social media: Follow me on FB: https://www.facebook.com/theruethteam/ Twitter: https://twitter.com/nicolerueth Linkedin: https://www.linkedin.com/company/the-rueth-team-fairway-independent-mortgage/ YouTube Channel: https://www.youtube.com/channel/UCPMdb94tUNMMsUTgdWRMDKw Nicole Rueth (NMLS 239840) is licensed to practice on behalf of OneTrust Home Loans (NMLS 46375) in the states listed below. For full compliance verbiage, visit theruethteam.com/compliance/. AZ, CA, CO, FL, ID, IL, IN, KS, MI, MN, MS, MO, MT, NE, NM, NC, OK, OR, TN, TX, UT, VA, WA, WI, WY.  

This episode followed the first portion of the new Agent Ignite Coffee Talk series on Friday mornings. This week questions poured in including these topics: Forbearance, Unemployment claims, HELOC rates, FHA loans, investor rates, furloughed limitations in qualifying, COVID-19 addendums, rate locks, jumbo loans. Listen to this episode of The Double Comma Club. ----more---- You can get more information about joining in here.  Coffee Talk:   https://fairwaymc.zoom.us/webinar/register/WN_5xzg3jN3SDiM8mHV4FNQ0w Agent Ignite:  https://theruethteam.com/Agent-Ignite Do you actually read faster than Nicole can speak? Even after three cups of coffee? Then read the transcript below: Cara: We definitely have a few questions, so the first one that came through was, Are there any negative ramifications to forbearance on credit scores and different things like that?" Nicole Rueth: Fantastic question. Okay, so Fannie Mae and Freddie Mac said "no" right out of the gate. The government didn't, so it was actually up to the servicer. It was strongly recommended, but not required, and that's changing. With this stimulus bill, one of the things that they're saying in there is that that has to be honored and the credit won't get destroyed or there won't be any negative lates. Remember, they're going to have to catch up and there will probably be some foreclosures because of this, but whatever mortgage payments were missed are just going to be tacked onto the end. Most people don't make a full 30 years of payments, so that balance due will be paid when a refinance happens or a sale, but that's just going to be tacked onto the end and have to be made up. If you think of, especially those who are the majority of our FHA borrowers, they are entry-level homes. We have this increasing population that's coming in that wants those entry-level homes. I'm not worried about that supply coming into the market and even it really depressing our appreciating values at all. Cara: Then, do you think investors that are not receiving rental income will need to sell those properties? Nicole Rueth:  I love that question because I think, as an investor, I'm looking for two opportunities right now. Because, remember, as mortgage holders, so as a homeowner, I can go through forbearance and I can stop making my mortgage payment. The same applies to that, it was stated, you cannot evict during this time. Landlords have to be ... I don't want to say kind to their tenants. I'm always kind to my tenants, but we have to be understanding; you're not going to evict somebody in what's going on right now. Some people, I guess, would, and so they're mandating that you can't evict them. The same thing's going to happen. You're either going to have to have that tenant catch up or, once this is over, you're going to be able to evict them. There are investors who have done well over the last eight years. It's my expectation, and there are no numbers that qualify what I'm saying, it's simply my being in the market and what I think is going to happen. If I was an investor, and say I was 65 or 70 years old and I had all these investments, I might just take my chips off the table now. I might just say, "I had a great eight years, I've got a tenant who's not paying or maybe we just came out of this." There are hungry investors who will buy that investment, who have a little bit of money reserved and they know, if they can just hold on for the next two to four months, maybe six, then they're going to have an appreciating asset and inventory that they didn't have before, so the buyers will come in. I don't think it's going to be a fire sale. I think you're going to pay fair market value, but I think that there's going to be investors. There were at least some of their inventory during this time. The other opportunity I see is in commercial space. I think that there's going to be some commercial buildings, regretfully, because of businesses in the next six months. Cara: Yep, definitely. Then this next question was in reference to when we are looking at the different unemployment claims. It says, do you know what the percentages in claims were when you look at the population in 1982, and then you look at the current population and the percentages? Nicole Rueth: I don't have the percentages yet right now because unemployment always lags, so that unemployment number is still sitting at lows, but it won't as soon as that comes out again. That's an excellent question and I can do some research and see if I can find the answer and even post it up in the Agent Ignite group. Cara:  Then the next one is somebody was wondering what was happening with HELOC rates. Nicole Rueth:  Well, there are HELOC banks that are stopping. I know Bellco stopped taking any new originations, I know KeyBank stopped taking any new originations, and they're not closing their doors, they're just not taking any new originations. I'm hearing a few others that are about to do that as well. I've taken a poll of all of my folks, so if you want any names of people that are still doing the HELOCs, there are still some, I can give you the contacts that I reach out to all the time. I'm happy to do that, but as far as rates going up right now, the HELOC rates are going to be tied to prime. Prime's not going up. Prime is not necessarily tied to the mortgage-backed securities, it's tied to short-term rates, so I expect those to probably be good for another couple of years. At some point, they will go up and there's risk associated with that, but I'm not worried about it quite yet. Cara:  Awesome. Somebody, in the same general scope, was wondering if anything, in particular, is happening to VA loans. Nicole Rueth:  The same as gov. The FHA and the VA are the same, so we're still doing them and we will continue to do them. I don't foresee us stopping FHA or VA. In fact, I just took a number of FHA loans from another lender who's choosing not to do them, and I understand. Some lenders, let's just put this on the table. Fairway Mortgage, we're an employee-owned company. We are extremely liquid and we're well-founded financially, and we have a phenomenal leadership. That's a little plug for Fairway. The way we're going about this situation is we're taking every lesson that we learned in 2008 and we're making sure that we react quickly and then we save the ship. We're making sure that everything we do allows us to continue to do business. Our decision earlier this week to stop originating jumbos and then mid of this week stop originating CHFA was a pause. Neither one of those has stopped entirely. It was a "Let's see if we continue to have investors to buy this paper," because you have other lenders that are continuing to churn out those originations, and they might close in March, but if they don't have anybody to buy that paper in April, they might not have any warehouse line left to originate any more loans. Then we had to see what was going to happen with servicing, so there's a lot of unknowns the way this particular crisis is unfolding. I personally would be much more comfortable knowing that my company is making a few decisions, maybe even ahead of the curve, but decisions to protect the 85% of the business, which the 85% of the business is vanilla. It's your Fannie Mae, Freddie Mac, VA, FHA, and there we are extremely secure and we will continue and we'll pick back up on the jumbos and the downpayment assistance maybe in a couple of weeks or a month. As soon as we see servicing picking back up again and being well-funded and investors buying the paper. Cara: Then we had a question on when the dust settles, how much will buyer demand to be affected by the buyers that were good to go, having to then re-qualify, and will that cause any lag, and if so, how much? Nicole Rueth:  I don't think it's going to cause any lag. Many banks can, we can get a qualification out in a couple of hours. Other than if you have a temp employee or an hourly and you need verifications of employment, that kind of stuff is a little bit slower. Right now we're dealing with third-party services, so the IRS is having a huge delay and even a gap, in some cases, on the 4506-T, so that's the verification of your tax returns. Every time we're getting something, and then, of course, the home inspections of the appraisers. We're finding solutions when we're coming up against a problem and the whole industry, I'm pretty impressed, is moving pretty quickly to say, "Okay, so an appraiser can't go into a home. Here comes Fannie Mae, Freddie Mac, and the government, and FHA will follow suit saying a desktop appraisal is okay, or a drive-by is okay given the circumstances," so we're getting solutions very quickly, especially in this ...Everything's happening in a condensed ... If you go back to '08, it took six months for this stuff to unpack and dissipate, and this is just happening. It's like a year in a day. It's amazing to me. Cara:  Got you. Then somebody was asking what the investor rates were right now. They had a couple of clients wondering what that was like. Nicole Rueth: I'm not even going to quote a rate on something like this right now. Investor interest rates are higher, obviously than primary homes. Primary homes and second homes are the same interest rate. Investment rates might be a point higher. I would be shooting myself in the foot if I actually ... Because, like I said, if we're quoting anywhere from 3.25 to 4.25 on a primary home, depending on the day, and depending on the scenario, maybe we're quoting 3.875 to 4.99, in that range. It so varies. Cara:  Alex asked with it being harder for people to get government-funded loans, what do you think a safe credit score and DTI limit would be for first-time homebuyers looking to get into a home now that there's limited downpayment assistance? Nicole Rueth:  That credit box will tighten and it will tighten until we get through this. We're already seeing some announcements coming out. Fairway's announcement will come out. All of us are saying because we used to be 580 for VAs and 600 for FHAs, it's all going to start to look more like a conventional box because we're going to have to make sure that we have sellable paper. We have to have a loan that we can then sell on the secondary market. Cara:  Kelly asked can people still qualify for loans if they'd been furloughed? Nicole Rueth:  Had been in the past or currently ... Been furloughed. I was thinking forbearance, my apologies. If they have been furloughed, it is going to depend. If they don't have a paycheck coming in, sometimes when people are furloughed, they still get a base pay, but if they're not getting any pay at all, they're going to have to wait until they get some sort of payback. We're going to have to qualify them on something, whether that's a cosigner. I just did another couple, one spouse was furloughed but the other one had enough employment that we could qualify them to still buy, so it's taking a look at each individual case and finding the solution. There's always a solution in there somewhere. You just have to work hard enough to find it. Cara: Then, someone asked, on the brokerage side, we have a COVID-19 addendum to put the RE contracts on pause. Are rate locks being paused or extended on the lending side? Nicole Rueth:  We have not had a pause yet, so the rate lock is a very real cost and it all goes back to the insurance that we have to place and then finding that and the margin calls, there is a very real cost to locking in an interest rate. At this point, I have not heard, honestly, and I will ask that question. I have not heard of any non-cost-related pause; I've only heard of having to pay to extend the rate. Cara: Got it. Then, we have somebody who's wondering how you can help buyers who would need a jumbo loan, how can they best help them now that those are limited or nonexistent? Nicole Rueth: Yeah, and they're definitely limited. There are some banks that I know for a fact are still doing them. The interesting thing about that is when the other lenders are taking a position of lowering their risk by not doing them, and all of them start to go towards the few banks that are still doing them, those banks won't do them very long because, obviously, their percentage of risk is going to go much higher. Then the question is just because you lock it doesn't mean it's going to close. We're going to find that, after all these loans that close in March, there are going to be some lenders that might have liquidity issues, that are having problems locking, and we just saw Zillow canceled all their contracts literally days or a day before closing. I don't know that that'll be the last time. I'm not worried about that at all with Fairway Mortgage, not even a little, actually. The solution on those is I still have second lenders, so I would do a first and second loan. I'm still doing a number of those and then we would just refinance them in six months into a jumbo loan because the jumbo loans will come back. It's just a pause.   Cara: Are conventional loans going to be required to get forbearance under current legislation? Nicole Rueth:  Freddie Mac and Fannie Mae came out saying that they were allowing a 60-day forbearance. FHA, gov, came out saying that they were highly suggesting it. That will change with this stimulus package that is getting approved today, so all of them will have access to the forbearance. We're going to do this again next week because it's happening. Every day something's happening and I'm getting out on videos as much as I can. Guys, keep watching the social media, I'm just sharing everything I find, so if you have questions, even e-mail me and I can post about it if it's a big thing or I'll just stop and answer that, but definitely stay tuned. Every week we're going to do some version of this, making sure that I'm available, answering questions, sharing what I have learned that week because I'm learning a lot every single day. All right, well, thank you guys so much for joining us. I'm looking forward to chatting with you soon. Bye-bye.   Nicole Rueth, SVP The Rueth Team 750 W Hampden Avenue, Suite 500 Englewood, CO 80110 303-214-6393 www.TheRuethTeam.com Connect on social media: Follow me on FB: https://www.facebook.com/theruethteam/ Twitter: https://twitter.com/nicolerueth Linkedin: https://www.linkedin.com/company/the-rueth-team-fairway-independent-mortgage/ YouTube Channel: https://www.youtube.com/channel/UCPMdb94tUNMMsUTgdWRMDKw Nicole Rueth (NMLS 239840) is licensed to practice on behalf of OneTrust Home Loans (NMLS 46375) in the states listed below. For full compliance verbiage, visit theruethteam.com/compliance/. AZ, CA, CO, FL, ID, IL, IN, KS, MI, MN, MS, MO, MT, NE, NM, NC, OK, OR, TN, TX, UT, VA, WA, WI, WY.  

Steve Jacobson talks about letting peace be your referee. As founder and CEO of Fairway Independent Mortgage Corporation, Steve Jacobson oversees and directs all business operations for the company's full-service mortgage lending operation. Steve founded Fairway in April of 1996, and within five years, he grew the company to achieve over $1 billion in closed annual loans. Learn more about your ad choices. Visit megaphone.fm/adchoices

As founder and CEO of Fairway Independent Mortgage Corporation, Steve Jacobson oversees and directs all business operations for the company’s full-service mortgage lending operation. Steve founded Fairway in April of 1996, and within five years, he grew the company to achieve over $1 billion in closed annual loans. Prior to establishing Fairway, he held several executive positions at another mortgage company. As Senior Vice President, he was responsible for production levels between $225 and $250 million, and as National Sales Director, he was responsible for negotiating placements of in-house Loan Officers in real estate offices nationwide. A Wisconsin native, Steve holds a Bachelor of Arts degree in management from the University of Wisconsin. He is also the former captain of the University of Wisconsin basketball team where he played for four years and achieved All Academic Big Ten his graduating year. 2:51 - What was Steve Jacobson's mindset when he first started Fairway Mortgage? 6:30 - As a young kid, what coach really impressed the idea of attitude on you? 11:58 - Who moved you and who has shaken your attitude 16:39 - What’s the leadership lesson? 18:21 - What advice can you give that one person to turn everything around? 20:42 - Do more than you’re paid for 22:53 - Fairway Cares and American Warrior Initiative 26:16 - Knowledge through the decades - advice from a newborn 27:19 - Knowledge through the decades - advice from a 10 year old 28:44 - Knowledge through the decades - advice from a 20 year old 30:29 - Knowledge through the decades - advice from a 30 yaer old 37:26 - Show close NEED MORE ATTITUDE? Visit the University of Attitude. America’s #1 source for attitude awareness, development and realignment. Join thousands of others in our Attitude Movement. Change your attitude, change your LIFE! Don’t forget to subscribe rate and review our podcast. It only takes a second and helps us make more podcasts for you. WATCH video episodes of the Get Attitude Podcast on Glenn’s youtube page.

On this episode of the Positive University Podcast, bestselling author Jon Gordon talks with Steve Jacobson (@fairwaysteve1), the founder and CEO of Fairway Mortgage. Fairway is one of the top mortgage companies in the country, funding over 39 billion in 2019. They also employ over 7000 people nationwide and have helped thousands of people achieve their dreams of home ownership. This episode is packed with back-to-back takeaways. Steve shares a lot of real-world, practical lessons from what he's learned by leading and growing Fairwary since 1996. Some of those takeaways include: How Steve overcame significant adversity early on to make Fairway what it is today. The importance of discipline in achieving your goals and how daily disciplines create the results long term. Guiding principles that he has used to build Fairway’s culture and sustain their growth and success. 3 Keys that drive Steve as a leader. And much more... Before we dive in, we have a quick question for you… How do you feel about where you are personally and professionally right now? Would you like to be at a better place? Maybe happier, more fulfilled, achieving better results? If so… we want to encourage you to join Jon Gordon's Mentor Coaching Program where Jon teaches a LIVE, interactive group coaching session online each month. We do a deep dive on a variety of topics from personal growth to leadership and more. You also get support via our private Facebook community and bonus session from some of our expert guests. Response from members has been phenomenal. See some of their remarks and learn how you can join now at jongordoncoaching.com. Our next LIVE session is soon! Don’t miss it. Sign up here.

Matt Wilson is joined by Jake Perry of Fairway Mortgage. Matt and Jake take a look back at the 2019 market, a look ahead at the 2020 market and talk about Homestead Exemptions. Jake has been committed to taking great care of people who are looking to buy or refinance a home since 2004. After graduating from Stephen F. Austin State University in Nacogdoches, Texas, Jake spent 13 years working in the mortgage industry before coming to Fairway. He lives in Richardson, Texas, with his wife Amy and their daughter, Hannah. Jake loves traveling with his family and enjoys working for Fairway because he is passionate about helping people get the home they have always wanted.

On This Episode of the Daily Credit Report Partnered with the CrediNation and Credilife we will be covering Mortgage information, How to build for a mortgage, What lenders and underwriters are looking for and much more. I am joined by Ashley Rios with Fairway Mortgage. She is one of our preferred Rightway to Real Estate Lenders Schedule a call at Bookcoachmarc.com

Improving your credit score to get pre-approved for a home loan. Learn on the steps involved in getting pre-approved for loans from Scott Kiesling."Real Estate U with Lettiann" - Season 1. Episode 3.Feel free to reach out to Lettiann with questions or comments:Lettiann@Lettiann.com816.330.2050https://Lettiann.com

The Consumer Quarterback Show 11.19.19 Diane Vance - Fairway Independent Mortgage dianevance.com-brings lots of news from the Fairway Mortgage seminar, lots of new loan products-reviews many reasons that it still is a great time to buy, wealth building tool Rick NIckerson - Bottomzupp bottomzupp.com-Rick has separated himself from other flooring specialists by using technology, advanced training techniques and old fashioned customer service-save time and eliminate the mess...Bottomzupp can do it faster w NO MESSRay Hall - Ray Hall Appraisals rayhallappraisals.com-values can decrease at this time of year because people will sit during the holidays, dont miss a chance to make a deal-careful w sale by owners, can run into overpriced homes-Ray offers an alternative to the traditional $400 appraisal, for only $150 ray can get you set See acast.com/privacy for privacy and opt-out information.

On Episode 35 of Inside Divorce, Hindell speaks with Jesse Stein, a Senior Loan Officer at Fairway Mortgage. Jesse has been writing mortgages since 2003, and has a wealth of knowledge to share. Hindell and Jesse talk about all things mortgage including credit scores, ratios, underwriting, cash out refinances and different ways to co-own property or get out of a co-owned property.

André sits down with Bryan Kerswell, Mortgage Specialist at Fairway Mortgage Co. They discuss everything credit: tips to improve it and the importance of being educated with it.

This episode will rock your world. Louise Thaxton is "lightning in a bottle." Louise Thaxton has been in the mortgage business for 22 years, almost 19 of those years with Fairway Independent Mortgage Corporation, as a producing regional manager, with offices across Louisiana, Texas, Arkansas and Colorado. Louise was named as one of the Top Women Originators in America for 2018 by Scotsman Guide, was included in the top 100 Minority Mortgage Bankers of America (NAMMBA) for 2018, and named by National Mortgage Professional Magazine as one of the “Best Military Lenders and Originators 2018”. She is the National Director of the Military Mortgage Specialist, a designation exclusive to loan professionals of Fairway Mortgage, which trains and equips loan professionals on working with military clients. Louise is a national advocate for America’s veterans and is the Director and co-founder of the American Warrior Initiative, the non-profit of Fairway, leading the way for hundreds of initiatives for veterans in need across the country, inspiring millions of dollars in donations to fund those initiatives. If you'd like to make a donation or purchase Red Friday Shirt – and make a notation of “Service Dog” or #BillHart or #AllIn, Louise will match the funds to place a dog in a veteran’s life – www.AmericanWarriorInitiative.com   "All In with Coach Bill Hart" is sponsored by Knowledge Coop, creators of absolutely brilliant training materials for the mortgage industry! https://www.knowledgecoop.com/allin   Bill Hart is a coach at Building Champions in Lake Oswego Oregon. He is also the author of the book "White Collar Warrior: Lessons for Sales Professionals from America's Military Elite". Podcast produced by Studio C Creative Sound in San Diego CA

Most generous companies are not rewarded in the marketplace for their philanthropy. In today’s episode, Martin Barrett, co-founder of The Generosity Agency, Sozo Gifts, World Changers and The Hunt For Charity explains why this is, how it relates to marketing and overall business results, and what to do about it. Using The Generosity Agency platform, businesses large and small are now able to engage their customer base in shared generosity initiatives that reward customers, maximize customer loyalty, and incentivize greater generosity. The end result? Charities gain the financial support they need, customers feel good about the contribution they are making to causes they believe in, and businesses gain the customer’s loyalty and improve their ROI while increasing their generosity.  Martin Barrett and The Generosity Agency currently partner with dozens of businesses including Mercedes Benz, Jaguar, Lexus, Guild Mortgage, Fairway Mortgage, and countless other Real Estate, Mortgage and Manufacturing businesses. Listen as he shares how you can reap the benefits of shared generosity in your business and community. Key Takeaways Businesses are not rewarded for their generosity because they fail to acknowledge the customer as the source of their generosity. Last year American companies spent close to $200 billion dollars in advertising. They gave away close to $20 billion dollars. Companies could give money away and have it generate a better return than advertising, during certain times in the customer lifecycle. We are wired to be generous because we get deep satisfaction from generosity. Advertising works with dopamine whereas generosity works with cytosine. Because of the way cytosine affects the brain, whenever we have a shared experience of generosity, we are hardwired to trust the people we shared it with more. It is impossible to create that trust and loyalty with dopamine. Don’t spend more money on advertising; give the money away through your customers and gain a better return. There is a time to tell your customer about your product. Unfortunately, that’s often all companies want to talk about. Customers want to be about something bigger than the thing they purchased; to know that what they are doing is impacting others in a positive way. The biggest challenge for any company is to get out of their ‘me’ centeredness. The Generosity Agency gives them a reason to stay in contact with customers, without always trying to sell them something. Connect With Martin Barrett & The Generous Agency The Generosity Agency: https://www.generosity.agency LinkedIn: https://www.linkedin.com/in/martin-barrett-84327014/

To be successful in life, we must develop a success mindset. Stinkin' thinkin creates stinkin' results. Champion thinking creates champion results. All movement without is preceded by movement within. Our outer world is simply a reflection of our inner world. How can we program ourselves for massive success? Can we train ourselves to become confident, self-assured, powerful? On this episode, loan officer, Kira Truett explains the role mindset played in her quintupling her income in just 4 months.     Takeaways  Think like your future self. Tap into the mindset of someone who has already achieved wealth, and start behaving like them today. Interview real estate agents, rather than letting them interview you. Look for people you want to work with, and stop attaching yourself to agents whose values don’t align with your own. Think from a place of abundance, and don’t allow yourself to think of the worst case scenario. Focus on what could go right, rather than what could go wrong.   At the start of the episode, Kira shared her motivation for success. She talked about wanting to spend more time with her family, work fewer hours and make more money. She also explained what led to her multiplying her earnings six times.  We also discussed: How to keep home time separate from business time Why we should surround ourselves with our accomplishments How to avoid overspending while motivating yourself   Visualization is crucial to success, so it’s important to think like a winner. Just hoping for success is not enough- you have to be willing to win now. Pay attention to your mindset, and make sure that whatever you do to behave like your future self isn’t harming your financial wellbeing at present.   Guest Bio  Kira Truett is a loan officer at Fairway Independent Mortgage Company. She first broke into the mortgage industry after working as a real estate agent, and seeing first-hand the challenges of the home buying process. In just four months as a loan officer at Fairway Mortgage, Kira managed to multiply her earnings by 6. To find out more about Kira, head to https://www.linkedin.com/in/kira-truett-54b265122

The VA Vendee Loan Program offers qualified borrowers the option of purchasing VA Real Estate Owned (REO) properties with little to no money down. The program is available to Veterans, non-Veterans, owner-occupants, and investors. Mortgage Broker Mike Bendebba takes a deep dive into this unique program. The top 6 reasons to get involved in this program are as follows: 1. For Veterans, non-Veterans, owner-occupants and investors (pretty much anyone) 2. You can get financing for very little money down  3. Many of the fees can be rolled into the loan 4. The interest rates are competitive 5. No Mortgage Insurance required 6. No appraisal required If you want more information about this program, contact Mike Bendebba of Fairway Mortgage at mikeb@fairwaymc.com or 240-776-5731. https://www.fairwayindependentmc.com/Mike-Bendebba If you are looking to sell or buy a home, contact Eric Grainger (EricGraingerPA@Gmail.com) or Jason Jakus (Jason@YourNextHomeAdvisors.com) for a FREE analysis of your homes value or to get set up on our live MLS website.  www.JakusRealtyTeam.com http://ericgrainger.com        

In the second hour, Chris & Annie welcome Jeff Kobold, Branch Manager & Senior Loan Officer from Fairway Mortgage in Hyannis. They discuss prime rates, renovation loan programs, 203K loans, PMI, aging in place, reverse mortgages & more! Jeff closes the hour sharing information on Fairway Mortgage and how the branches are managed. For your free home booklet, contact Jeff @ 508.221.6254 or www.CapeCodLoans.com.

Today we are joined by Eni O'Donnell @enimortgage from Fairway Mortgage. Eni came literally through a traffic driven rainy day to be on the podcast. She shares with us her struggles as a new mother of two and how her affirmations, her work ethic and her schedule get her through the ups and downs of her daily tasks. We talk about the importance of communication with clients and what happens when you fail to do so. Enjoy the show! Eni can be reached at 619-797-6555 call or text. www.EniMortgage.com Join the conversation or catch the podcast live on our social media feeds @BusinessBrosPod Facebook, Instagram and Twitter. You can listen to past episodes on our website www.SiasFirst.com. Want to be on an episode of Business Bros? Send us an email BusinessBros@SiasFirst.com so we can get in touch with you ASAP. FREE COACHING CALL REAL ESTATE AGENTS https://siasfirst.com/coaching/real-estate-agents/ WANT TO BE ON THE PODCAST OR WANT TO CONTACT THE BUSINESS BROS https://siasfirst.com/coaching/business-owners/  www.bensound.com

HOST: Michael J Maher CO-HOST: Chris Angell GUEST: Sandy Krestan, Certified Referral Coach, Certified Referral Trainer, Lender, Fairway Mortgage, Scottsdale, AZ When it comes to your database of prospects, do you have analysis paralysis? On this episode of The Referrals Podcast, we welcome Sandy Krestan.  http://www.ReferralsPodcast.com

Happy New Year! As we start 2019, I wanted to bring you an update on the latest lending news. I hope you all had a happy new year and a happy and safe holiday season. To kick off 2019, I'm here with Brandon Moss of Fairway Mortgage to discuss some things that are going on in the lending world of real estate. Right now, everyone is talking about the fact that interest rates have dropped. Last year, we saw rates go up a handful of times, most recently in December. However, at the start of the 4th quarter, we saw a heavy decline in the stock market, which has helped mortgage rates quite a bit.  We've actually seen rates drop from around 5% to the mid 4.5% range, some of the best levels we've seen in the past year. This is great news for anyone who is looking to buy a home or refinance their current mortgage. The other piece of big news is that the conforming loan limits have also increased nationwide. They have gone up from $454,000 to $484,00. In high-cost areas like Los Angeles, this amount has increased from $679,000 to $726,000. This means that more buyers are going to be able to qualify for a larger loan amount at more flexible conforming guidelines. This helps both buyers and sellers as we head into 2019. “Conforming loan limits have gone up nationwide.” If you have any lending questions for Brandon, feel free to reach out by giving him a call at (818) 256-4330 or sending him an email at Brandon.Moss@fairwaymc.com.  If you have any other real estate-related questions or needs that I can assist you with, don't hesitate to give me a call or send me an email. I look forward to hearing from you soon. 

Nicole Rueth of Fairway Mortgage breaks down for us how the government shutdown is affecting the mortgage process.     Nicole Rueth Rueth Team Fairway Mortgage NMLS# 239840 303-214-6393 https://theruethteam.com/

Kyle Randall, one of our mortgage experts with The RJ Baxter Team at Fairway Mortgage joins us this week to talk about how you can get rid of that pesky mortgage insurance or PMI once and for all. There are two ways to get rid of PMI that we will talk about in this episode; refinancing your current mortgage, or going through your current lender to request the cancellation. Kyle and RJ will go over the key steps to make it happen, what to expect, and what option is right for you. If you have questions about your specific situation, we are here for you. Just give us a call! RJ Baxter & Kyle Randall The RJ Baxter Team Fairway Independent Mortgage Corp 303-670-0137 baxterteam@fairwaymc.com http://www.rjbaxter.com For more Real Estate Talk Denver podcasts, visit us on Itunes, Spotify, Soundcloud, or visit our website at http://www.realestatetalkdenver.com

Welcome to the First Timers Podcast Show where we offer insights, tips and advice for first time or long time Home Buyers, Sellers, and Investors. Thank you for listening to the show. My name is Mikey T, or Michael Anthony Timpani as my momma named me. Please follow the show on Instagram and Facebook @firstTimersPodcastShow You can follow me on Instagram and Facebook @THSHomeAdvisors and @mikeyTSellsNJHomes Please leave a review on ITunes, subscribe and share this podcast. Message us with any questions or topics you would like to hear covered. And if you’re a professional and have some value you could offer my listeners, please reach out, we would love to hear from you. Today we welcome Jeff Koch from Fairway Mortgage to the show. Jeff educates us about two different home renovation mortgage products, 203k and the Homestyle loan. Jeff is super knowledgeable in home renovation loans as well as all types of mortgages. You can contact Jeff on his website loansByJeffery.com 732-307-9848 and on Instagram.com/newjerseyfairway

Last week's episode was about reverse mortgages.  This week's episode of the podcast features Jeannine Smith, loan officer with Fairway Independent Mortgage, and we discuss mortgages in general. Jeannine's email address is Jeannine.Smith@fairwaymc.com and her website is www.jsmithmortgage.com. Jeannine has been in the mortgage industry for about 12 years, since 2006. Buying a house is easier than you might think. Jeannine and I dispel myths, like how much you may need in a downpayment, and how your credit score impacts your ability to get a mortgage. We also talk about best practices and what you can do to better qualify for a loan. Fairway Mortgage is a lender offering a range of products. Jeannine is focused on helping Veterans obtain VA loans, and educating those who might qualify on the pros and cons of that, and other, loan products. You can get ahold of Jeannine at the links above, or contact us at Shawn@YesnerLaw.com or www.YesnerLaw.com. What are some other myths you have about mortgages that we can help dispel?

This episode features a panel of experts from Retiremeet North, Harlan Accola from Fairway Mortgage, Rick Gregorek from Gregorek and Associates, Paul Merriman formerly of Merriman, Don McDonald, and Tom Cock. - The most difficult decisions we see people make as they get close to retirement. - Understanding the mental shift required to spend home equity. - Overcoming the fear of action and breaking free of planning paralysis. - How to end your reverse mortgage prior to selling your house. - The most common information a client omits/forgets to tell an advisor. - Learning to foresee potential problems that can arise when writing your will. - The best way to set up power of attorney with multiple agents. - What you should be looking for when choosing a new financial advisor. - Truly understanding the definition of a fiduciary relationship. - Utilizing real estate as part of your long-term strategy to build passive income. - The difference between a reverse mortgage as a home equity and a regular home equity. - Incorporating Publicly traded Real Estate Investment Trust (REITs) in your portfolio. - Understanding sector funds and why it is an over-weighted, gamble of an investment. - The pros and cons of market cap-weighted index funds versus ones that are not. - Why artificially impoverishing yourself to get on Medicaid is a matter of ethics. - The best two-minute advice from our panelists to get prepared and ready for retirement. Money Thirty Podcast — [https://www.moneythirty.com/](https://www.moneythirty.com/) Real Investing Journal — [https://www.realinvestingjournal.com/](https://www.realinvestingjournal.com/) Vestory — [https://vestory.com/](https://vestory.com/) 401411 — [http://www.401411.com/](http://www.401411.com/) Retiremeet North — [http://www.retiremeet.com/](http://www.retiremeet.com/) Tom Cock — [https://www.linkedin.com/in/tom-cock-846234b/](https://www.linkedin.com/in/tom-cock-846234b/) Harlan Accola — [https://www.linkedin.com/in/harlan-j-accola-crmp-b6544819/](https://www.linkedin.com/in/harlan-j-accola-crmp-b6544819/) Fairway — [http://fairwayreverse.com/](http://fairwayreverse.com/) Rick Gregorek — [https://www.linkedin.com/in/rick-gregorek-esq-86687513/](https://www.linkedin.com/in/rick-gregorek-esq-86687513/) Gregorek and Associates — [http://www.rjglegal.com/](http://www.rjglegal.com/) _Your Partner in Law_ — [http://yourpartnerinlaw.com/](http://yourpartnerinlaw.com/) Paul Merriman — [https://paulmerriman.com/](https://paulmerriman.com/) _25 Things You Should Be Getting From Your Financial Advisor_ — [https://paulmerriman.com/25-things-getting-financial-advisor/](https://paulmerriman.com/25-things-getting-financial-advisor/) _Get Smart Or Get Screwed_ — [https://www.amazon.com/Get-Smart-Screwed-Financial-Advisor/dp/1480179531](https://www.amazon.com/Get-Smart-Screwed-Financial-Advisor/dp/1480179531) Dimensional Fund Advisors — [https://www.dimensional.com/](https://www.dimensional.com/) My Future Blueprint — [http://www.myfutureblueprint.com/](http://www.myfutureblueprint.com/)

Though interest rates have risen, the introduction of new lending programs and the loosening of lending guidelines mean now is a great time to buy or sell a home. Looking to buy a home? Get a Full Home Search   Looking to sell your home?  Free Home Price EvaluationOne of the most common questions we’re getting right now is how interest rates are affecting buyers and sellers in our market, so I’ve once again brought in our preferred lender Brandon Moss to shed some light on this topic. Interest rates have gone up by roughly 0.5% since the start of 2018, and they’re still sitting in the mid-4% range for 30-year fixed mortgages. Stocks have also continued to hit all-time highs, and the 10-year yield nearly reached 3%, which is the highest point it’s been in four years. According to Brandon, this means it’s a great time for buyers and sellers to get off the fence while affordability is at an all-time high. If you’re a seller, you can get top dollar now while buyers can still qualify for higher-priced homes and afford low interest rate payments.  There have been some notable changes to conforming loans that are advantageous to buyers. Their guidelines have become more flexible, and their limit was raised from $634,000 to $679,000. This helps buyers qualify for higher loan amounts with less of a down payment and, due to rising prices in LA County, increases their purchasing power.  It’s a great time for buyers and sellers to get off the fence. If you’re a buyer, Fairway Mortgage is offering some new programs this year that you might be interested in, including programs designed for self-employed buyers who can’t show enough income to qualify, reduced documentation programs, and reduced down payment programs.Though interest rates have gone up, the introduction of these new programs and the loosening of lending guidelines has opened up more doors for buyers and made now a great time to get a loan and buy a house.“You’d be surprised what you might qualify for nowadays and how easy it might be to get a loan,” Brandon says.If you have any lending questions for Brandon, you can call him at (818) 256-4330. If you have real estate questions for me or you’re thinking of buying or selling a home, feel free to give me a call or send me an email. I’d be happy to help you.

Though interest rates have risen, the introduction of new lending programs and the loosening of lending guidelines mean now is a great time to buy or sell a home. Looking to buy a home? Get a Full Home Search Looking to sell your home? Free Home Price Evaluation One of the most common questions we're getting right now is how interest rates are affecting buyers and sellers in our market, so I've once again brought in our preferred lender Brandon Moss to shed some light on this topic. Interest rates have gone up by roughly 0.5% since the start of 2018, and they're still sitting in the mid-4% range for 30-year fixed mortgages. Stocks have also continued to hit all-time highs, and the 10-year yield nearly reached 3%, which is the highest point it's been in four years. According to Brandon, this means it's a great time for buyers and sellers to get off the fence while affordability is at an all-time high. If you're a seller, you can get top dollar now while buyers can still qualify for higher-priced homes and afford low interest rate payments. There have been some notable changes to conforming loans that are advantageous to buyers. Their guidelines have become more flexible, and their limit was raised from $634,000 to $679,000. This helps buyers qualify for higher loan amounts with less of a down payment and, due to rising prices in LA County, increases their purchasing power. “IT'S A GREAT TIME FOR BUYERS AND SELLERS TO GET OFF THE FENCE.” If you're a buyer, Fairway Mortgage is offering some new programs this year that you might be interested in, including programs designed for self-employed buyers who can't show enough income to qualify, reduced documentation programs, and reduced down payment programs. Though interest rates have gone up, the introduction of these new programs and the loosening of lending guidelines has opened up more doors for buyers and made now a great time to get a loan and buy a house. “You'd be surprised what you might qualify for nowadays and how easy it might be to get a loan,” Brandon says. If you have any lending questions for Brandon, you can call him at (818) 256-4330. If you have real estate questions for me or you're thinking of buying or selling a home, feel free to give me a call or send me an email. I'd be happy to help you.

Facebook past, present and future. We hear from expert social media guru Jarred Alexandrov with Fairway Mortgage.

5 Minute Success Podcast - Christy Carroll Solar  Join host Karen Briscoe each week to learn how you can achieve success at a higher level by investing just 5 minutes a day! Tune in to hear powerful, inspirational success stories and expert insights from entrepreneurs, business owners, industry leaders, and real estate agents that will transform your business and life. Karen shares a-ha moments that have shaped her career and discusses key concepts from her book Real Estate Success in 5 Minutes a Day: Secrets of a Top Agent Revealed.   Here’s to your success in business and in life!   In this episode, Karen and Christy discuss: Christy’s start to her career path Christy’s strategies How Christy generates leads Client Trust and Communication Christy’s secret to success   Key Takeaways and Actionable Success Principles: Christy began her career in loans Christy gave out 3,000 business cards in 90 days! Business is a lifestyle so it’s ok to let people know what you do Making purposeful connections is how Christy generates leads There’ll always be people that offer what you offer, so make the client relationship go beyond the transaction At the end of the day, you’ve got to find something that’s disruptive in the market… what’s going to set you apart?    “One of the smartest things that was done for me was that Fairway Mortgage hired a business coach for me.” - Christy Carroll Solar   Connect with Karen Briscoe   Twitter: @5MinuteSuccess Facebook: https://www.facebook.com/groups/5minutesuccess/ Website: http://www.5minutesuccess.com/ Email: karen@5minutesuccess.com     Connect with Christy Carroll Solar  Facebook: https://www.facebook.com/FairwayMortgage Website: https://www.fairwayindependentmc.com/   5 Minute Success Links   Learn more about Karen’s book, Real Estate Success in 5 Minutes a Day   Subscribe to 5 Minute Success Podcast   Spread the love and share the secrets of 5 Minute Success with your friends and colleagues!     Show Notes by Executive Producer: Anna Nygren

12-13-2017 Radio Show - Loan Process

On this episode I will be speaking with two of my favorite mortgage loan officers, that have been my go-to guys recently. I really don't need to say too much about them, because we covered so much in the episode. This episode is funny, because we (the two guys and guy) probably laughed more than my episode with Brittney. We really did have a ton of fun! I do apologize for that traffic noise you hear, but you really get to imagine that you are sitting right there at the table with us. That is Galleria traffic and 610 traffic. #yuck #MEATANDPOTATOES I am so pleased to present to you the third episode of A Cup with Jo, where I interviewed Patrick Thibodeaux and Steven Curtis by #POCUMENTING their story around working at Fairway Independent Mortgage. Enjoy the show.

I had the opportunity to sit down and speak with Carrie Uberuaga who manages a branch for Fairway Mortgage. Carrie has a LOT of entrepreneurial experience and it has translated beautifully into her current position.          Carrie started in the mortgage business in 2005 when the mortgage business was humming.  Soon after, came the biggest financial […] The post None of my Business S2:E11 Carrie Uberuaga appeared first on Dietz Agency.

This weeks guest will be Rian Roberts from Fairway Mortgage. Rian Roberts has seen all sides of the mortgage world. When he first started as a Loan Officer for a small brokerage in 1998, licenses weren’t even required. All that you needed to be a Mortgage Broker was a phone and a fax machine. After becoming the lead producer for the brokerage, Mr. Roberts ventured out on his own to start Trinity Home Loans at the beginning of 2001. Trinity started as a brokerage but quickly morphed into a fully functioning mortgage bank with its own designated processors, underwriters, and closers. During the last decade, Trinity helped obtain mortgage financing for over 2,000 families in Denton County alone. The staff at Trinity recently became a part of the Fairway Independent Mortgage network, maintaining their status as mortgage bankers. Moving into the next decade, Mr. Roberts will continue to provide the same level of knowledge and service as he has the past 12 years. To find out more about the Robert J Russell Show, send us an email: wediditagaingroup@yahoo.com and be sure and join our Social Network - http://robertjrussellsocialnetwork.ning.com Come join us - we welcome your suggestions and feedback! Robert J Russell International Real Estate Specialist Broker for Robert J Russell Real Estate, LLC * http://www.robertjrussell.com Broker for Robert J Russell Insurance Agency, Inc. * http://www.InsurancePricedRight.com Public Speaker