Person or organization that has a claim on the services of another party
✨ SUBSCRIBE TO THE OVERPRICED JPEGS CHANNEL ✨ https://bankless.cc/jpegs On this episode of Overpriced JPEGs, Carly sits down (in person for NFT NYC!) with Gabe Frank, Founder and CEO of Arcade—a liquidity protocol for NFT collateral. Gabe comes from a family that owns a chain of pawn shops and attributes this experience to his interest in loans collateralized with non-fungible physical assets. Mix in his crypto experience at BitGo and Curve and you get Arcade! How does Arcade work? What does the current state of regulation look like? How does the future of Arcade and the NFT lending market play out? Answers to these questions and so much more in the episode! ------
If history tends to repeat itself, you might wonder whether it's round two for the mortgage industry and the underwriting of risky loans – specifically, for short-term rental properties. It's easy to get into a short-term rental with a loan that's based on future rental income. It's not a new concept for real estate investors, but it's now becoming very popular for short-term rental investing as a way to pay for more expensive properties. On the other hand, it's possible to cover that expense with the expected income. But, what happens to that loan if, let's say, we have a recession and demand dries up for expensive short-term rentals?Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.Non-Owner, No Income LoansYou may already know a bit about these loans. They are commonly known as NONI loans which stands for Non-Owner, No Income and are based on the future income of a property, and not on the borrower's paycheck. When a lender underwrites this kind of loan, they approve an amount for the purchase of the property that is proportional to future income. According to Realty411, it's typical to get up to a 75% LTV on loans up to $3.5 million. Borrowers don't need to show any income or employment, and they can be first-time investors because qualification is based on the expected cash flow from the property. (1)Those are a few of the basics for a NONI loan. You might also hear them called “debt service coverage ratio” loans, but NONI has a nicer tone. It also means grandmother in Italian. One lender, called “The Lender,” is capitalizing on that with an image of a grey-haired woman wearing heart-shaped glasses and flashing a peace sign. (2) What's not to like about that?The ad says: “Our NONI likes Airbnb. The NONI program allows borrowers to use income from vacation rentals, like Airbnb and VRBO… Results without the B.S.” So granny will get you a loan for your short-term rental business. Thanks granny! Just to be perfectly clear about NONI loans, they are very common loans for real estate investors. And the real estate investing mortgage market has been booming, but it's unclear how much of that boom is due to short-term rental NONI loans.Loans Based on Projected Rental IncomeAccording to Inside Mortgage Finance, lenders issued almost $10 billion in loans to investors last year. That's eight times as much as they did in 2018. Most of those investors qualified for the loans based on projected rental income. Although there's no way of knowing how many were borrowing money for short-term rentals, it appears those numbers are growing.Bloomberg says that rating companies have noticed more mortgages for properties without a lease or for properties with leases that are less than 90 days. “The Lender” told Bloomberg that it expects 60% of its rental-based loans for this year will qualify because of short-term rental income. (3)As it stands, the default rate is usually higher for NONI loans. One analyst says that borrowers who qualify for these loans are three times as likely to default as those with conventional loans. And with an unsteady economy, and the idea of a potential slowdown in the short-term rental market, that could put those borrowers at a higher risk, especially if they are inexperienced.“The Starry-Eyed Inexperienced Investor”As former assistant director at the U.S. Consumer Financial Protection Bureau, Patty McCoy, told B;oomberg: “The influx of the starry-eyed inexperienced investor is artificially boosting demand and causing the rental market to be overheated.” She says: “This whole class of loan and, in particular, some of these underwriting practices are a sign of market euphoria. That rarely turns out well.”Although some analysts see a parallel here with subprime mortgages that were approved with little or no income documentation, lenders say they underwrite these loans with great care. For one, borrowers must have exemplary credit, and lenders often require experience in the short-term rental market, or at least some amount of experience as a landlord.Some lenders may have tougher requirements than the ones I previously mentioned. For example, Viseo Co-Founder, Jeff Ball, says that borrowers often need a 30% down payment and at least six months of funds in reserve to pay the mortgage. He says the loans that his companies underwrite perform extremely well. He says: “People with good credit have good credit because they have a history of paying their obligations in good times and bad times.”But he also acknowledges that in the event of a recession, and a cut back on travel, there could be trouble. He says: “It's an interesting question.”Will There be a Short-Term Rental Downturn?Consumers are still whole right now. They saved money during the pandemic, and are now itching to get away. Many of them can also work remotely so a typically shorter vacation can be turned into a longer one. That puts money into the pockets of short-term property owners, and helps to pay for those NONI loans, but there's also another issue that STR investors need to keep in mind.The need for long-term housing is putting more and more pressure on short-term operators. It's something that is impacting the housing market here in the U.S. and around the world. There's a headline in the news right now, about the housing shortage in Brisbane, Australia, and a warning that short-term operators will be slapped with a huge additional fee. Like many places, Brisbane has seen a huge surge in short-term rentals. There are cities in Southern California tourist destination hot spots that have stopped issuing new licenses. Many long-term residents also want the ones in operation to be phased out. It's a wildcard that could spoil the best of your short-term rental plans! The best advice is to do your homework and make sure you know what's happening with demand and regulations. As you've heard me say before, real estate is the best way to build wealth, and there are many ways you can do that. But, you need to do your due diligence. You can find out more about how to invest safely by joining our network at newsforinvestors.com. It's free to join, and get your questions answered. While you are there, you can also check for links on this topic in the show notes for this episode.And please remember to hit the subscribe button, and leave a review!Thanks for listening. I'm Kathy Fettke.Links:1 -https://realty411.com/the-non-owner-no-income-noni-loan-solution/2 -https://retail.thelender.com/3 -https://www.bloomberg.com/news/features/2022-06-14/airbnb-rentals-turn-into-real-estate-goldmines-with-easy-money-mortgages
News & Updates: White Hat Hacker finds backdoor into Jacuzzi's backend exposing worldwide user data US Senators want to have a Common Charger, like the EU Starlink wants to provide Internet to Cruise Ships Dish Network accuses SpaceX of not stopping customers from using Starlink on moving vehicles Microsoft explains “Copy & Paste” and why sometimes it does not work Apple wants CarPlay to control all the screens in new cars Apple has Billions of $$ to lend w/ Pay Later Service
We are kicking off Season 3 with none other than Trixy Castro, founder and CEO of Aureus Finance Group. We were honored to sit down with this industry legend in person and learn more about Trixy and her history as an entrepreneur founding Genesis Capital and Hudson Marshall in the early days of private lending. We learned all about her new vision for Aureus, including how she approached her re-entry into the market after taking a few years off. Trixy has achieved so much in the industry yet maintains a level of entrepreneurialism and excitement about private lending and what it stands for.
*NOTE: This episode was recorded in May 2022.* We are kicking off Season 3 with none other than Trixy Castro, founder and CEO of Aureus Finance Group. We were honored to sit down with this industry legend in person and learn more about Trixy and her history as an entrepreneur founding Genesis Capital and Hudson Marshall in the early days of private lending. We learned all about her new vision for Aureus, including how she approached her re-entry into the market after taking a few years off. Trixy has achieved so much in the industry yet maintains a level of entrepreneurialism and excitement about private lending and what it stands for.
From corporate IT Tech to Millionaire Entrepreneur Allan has now built and established several successful business and a property portfolio worth over £7m. It's not all plain sailing and he's out to help anyone that wants it achieve what they want to in life. With experience in corporate environments through to building sites, Allan integrates with people at all levels making a great skills combination to deliver bigger projects in the future generating great business returns for him and his investors.
Resources to start or grow your Airbnb business: (1) Download US Cities Report to Make Money with Airbnb: https://bit.ly/307fh79 (2) Get 1 on 1 coaching with David Leroux: https://bit.ly/2ZpB2Qp (3) Get the Airbnb Cash Flow Method at https://bit.ly/2C09KYl (4) Get my Airbnb pricing tool at https://bit.ly/3elWRVq (5) Get my free ebook at www.davidbnb.com/go (6) Use Uplisting Property Management Software: https://www.uplisting.io/?via=cashflowstreet Submit your Airbnb question for a new podcast episode at: email@example.com
Today, my guests are Alison Williams and Anna Ramos. Allison is the Senior Vice President and Chief Production Officer at Walker Dunlop. And Anna is a managing director for the West Coast and mountain regions. And in just a minute, we're going to speak with Allison and Anna, about commercial lending strategies for multifamily.
Date: June 21st, 2022Name of podcast: Altus Insights Podcast SeriesEpisode title and number: When development projects in Canada go sidewaysEpisode summary: Marlon sits down with Colin Doran, EVP of Cost Consulting & Project Management at Altus Group, for a one-on-one discussion on distressed development projects in Canada. Don't miss this highly informative conversation as Colin covers distressed projects from delays to insolvencies to cancellations, why we're seeing an uptick, and what key project stakeholders can do to address projects that turn risky. Panelists in this episode: Colin Doran is the EVP of Cost Consulting & Project Management at Altus Group. Based in North America (Toronto) for approximately 25 years and currently responsible for overseeing the Cost Management and Lender & Developer Service lines in Eastern Canada. Colin has extensive experience in preparation and analysis of real estate development feasibility studies, capital cost budgeting, development due diligence, risk assessment and management, cost planning and loan monitoring. Colin also specialises in providing advice on distressed projects/work out deals in the Caribbean, the United States and in Canada. Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence through to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with. Key topics: 01:10 – Market factors for distressed projects 03:26 – Potential for future project distressed projects 04:21 – Project insolvencies in Canada 06:06 – Project profiles to watch for insolvency 07:11 – Project cancellations 10:59 – Steps lenders can take when concerned about projects turning risky 15:04 – Addressing distressed projects Referenced in this episode Episode 4: Canada's Housing affordability crisis Episode 5: Canada real estate market news roundup Sign up to receive our Altus InDepth NewsletterWatch a video recording of this podcast episode
Segment 2 – 7 Reasons to Avoid a Buyers Agent When Selling Your HomeWe are back on the Real Estate Voice with your host, Barb Schlinker.Barb, there are a lot of things that can go wrong with the sale of ahome after it goes under contract. But your approach to real estate isquite unique. You have a way to sell a home without dealing with anoutside agent whose mission is to derail the transaction, tell us about it.Let's Talk About How a Traditional Sale Happens:o List with an Agento Agent Posts it in the MLSo Hopes Another Agent Has a Buyero Home Goes Under Contract….the funbeginso Buyers Agent Fiduciary for Buyer or Enemyof the Deal?▪ In Most Cases, the behavior causes:● Contract Failure!● “Protect the buyer from theHouse!● “Sales Prevention Business”Think About the Sellers Situation:1. Commitment to Sell on Seller's Behalf –Inviolable/unbreakablea. Only 2 maybe Off Ramps for a seller (even ifthe buyer lied)i. Almost sold 1 where the agent omittedHouse to Sell to perform (very significantfact)ii. I Found out from the Lender (who alsoomitted it from his pre-approval letter)2. Buyer has at least a dozen Off-Rampsa. Loan – two recent cases of lender failures!b. Inspection – asking for $120,000 in sellerconcessions!c. Change their mind – at the closing table andthen asking for $ back!More About Sellers Situation:1. Have to Move Out!a. Get Rid of Stuffb. Schedule a Move (hope the van is ready)#1: What Buyers Agents DO – Low Offers1. PriceTheir Objective – Get Buyer Lowest Price (not thehouse!)Seller's Objective – Get the Highest Price and Get itSold!#2: What Buyers Agents DO – Work Against Appraisals1. AppraisalTheir Objective – Get Buyer Lowest Price (SuggestPrice to High to Get Contract and Hope AppraiserWalks Price Back!)Seller's Objective – Have it Appraise at ContractPrice#3: What Buyers Agents DO – Inspections!1. InspectionsTheir Objective – Get Buyer Most StuffSeller's Objective – Have it Pass Inspectiona. Agents skip out on inspections and rely onunlicensed inspectorb. Kyles story – Let unlicensed men in homeand leave!#4: Unrealistic Inspection Demands:Buyers' Agents Become “messengers” and evenadvocates for ‘getting stuff' from the sellers thenrecommend unrealistic requestsc. Buyers Agents write offer “AS-IS” but STILLask for repairsd. Ask for Stuff NOT on the property!e. Agents insert themselves in HOW repairs aredone#6: Buyer Agent - Untimely Extensions.Story – West Side1 Biz Day Before ClosingCall from Buyers' Agent – Lender Needs 2 MoreWeeksDigging – Found out – Buyer May NOT Really QualifyBuyers Agent: HOPEs it Works out!!!Buyers Agent KNEW they would ask for an extensionbut did NOT Tell Me 10 DAYS AGO!Buyer Agent – LACK OF DUE DILIGENCE!To Be Successful WE have to Verify Everybody isDoing their JobNobody wants a failure at the closing table or evena few days before closing!We have to check all of these functions that aresent out to VendorsYou are Listening to Barb Schlinker on The Real Estate Voice of Your Home Sold Guaranteed Realty you can reach Barb at 719 301 3900 or visit BarbHasTheBuyers.com.In our next segment, we will be discussing Home Selling Checklist to Sell for the Most Money
We interview Jason Hull. He works with some of the biggest multi-family developers and investors in the country. He also invests in a wide array of residential and commercial assets in many different states. We discuss: -Best practices for operators -What the future of rates and what good terms are available today - How to be a great role model to your kid Tune in now and watch past podcast episodes at www.realestatereservepodcast.com If you enjoyed this podcast we would appreciate a positive review, like or Tune in now and watch the video version of the podcast at www.realestatereservepodcast.com If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777
Welcome to the May episode of Learn With A Lender with Joel Schaub of Guaranteed Rate! In this episode Joel talks about the raised rates and the importance of agents' knowledge of the market when advising clients. Joel once more emphasizes the the importance of having a lending partner who can educate you on the […]
In this video, Ramsay & White Director Joel White, chats to Steven Pardoe and Adam Huzzey, Business Owners, Property Investors & Developers. Steven and Adam share their experience in building a £15M portfolio over the last 5 years!
In this episode, Blaine talks about some of the most important things for appraisers, as well as Realtors, Lenders, and people from all walks of life to do during an economic recession. Recession proof your appraisal business
Is it still possible to cash flow in this market? Lender and Strategic Partner Joe Massey joins us to talk about a single family home in Pueblo he helped Denver investors close on. Not only were they able to find a home well under budget, they're poised to cash flow $4K a year! Listen to the episode to hear all of the numbers, and learn how different down payment amounts can affect returns.
Auto lenders should take a close look at their credit decisioning and dealer relationships following a recent Consumer Financial Protection Bureau (CFPB) bulletin and a decision by the Supreme Court of California. In this episode of the Weekly Wrap, Deputy Editor Amanda Harris, Associate Editor Whitney McDonald and Editor Joey Pizzolato discuss the top stories for the week ended June 10, and in the week ahead.
Cryptocurrency lender Celsius Network, recently valued at about $3 billion, told customers Sunday evening that it is pausing “withdrawals, swap, and transfers between accounts."
“Dementia is not an aging disease; however, it is the most common disease among the aging population.” Dr. Babak Nayeri, Clinical Associate Professor from the University of Arizona, from the Netflix Documentary, This is Dementia. Watch this interview on YouTube here https://youtu.be/-U-slBBIEIA On this episode you will learn: ✔ Who is Dr. John Denboer, what he built, and lost in his passion to help mitigate dementia. ✔ What Dr. Denboer learned raising funds for a high growth startup. ✔ What is the difference between Alzheimer's Disease and Dementia? ✔ What can we all do now to mitigate this debilitating disease. ✔ How a tattoo with personal and professional meaning motivates Dr. Denboer to keep moving forward with his work. Welcome back to The Neuroscience Meets Social and Emotional Learning Podcast, for EPISODE #221. For those who are new here, I'm Andrea Samadi, author, and educator, with a passion for learning, understanding difficult concepts, and breaking them down so that we can all use and apply the most current research to improve our productivity and results in our schools, sports environments, and workplaces. This month, we are breaking into a new season on the podcast, Season 8, where our focus will be on Brain Health and Learning with a look at How an Understanding of Our Brain Can Improve Learning in Ourselves (adults, teachers, workers) as well as our future generations of learners. If you've been following our podcast over the seasons, you will know that our content took the turn towards health and wellness around September 2020 with a BONUS EPISODE where we covered the Top 5 Brain Health and Alzheimer's Prevention Strategies[i] after watching Dr. David Perlmutter's Alzheimer's The Science of Prevention Documentary.[ii] We took a closer look at Daily Exercise, Sleep, Eating a Healthy Diet, Optimizing our Microbiome, and Intermittent Fasting) as strategies we can all use to improve our brain health with the goal of preventing one of the most devastating degenerative diseases that affects “more than 5 million Americans (that is closer to 6 million now after reading our next guest's book) and is the most common form of dementia, a term that describes a variety of diseases and conditions that develop when nerve cells in the brain die or no longer function normally.”[iii] This number has reached “over 80 million cases globally and is expected to double to be 150 million cases by 2050.”[iv] (Denboer). On today's episode #221, we will be speaking with Dr. John Denboer, a former clinical neuropsychologist who specializes in early stage preventative medicine - including cognitive, physical exercise and nutrition – with a goal of slowing down the natural decline in patients with dementia. At peak, his practice served in the range of 10,000 patients in the US supported by over 100 employees. I listened to a recent podcast Dr. Denboer did with Graham Brown on the XL Podcast[v] and learned that while Dr. Denboer has a passion for disrupting Dementia (the umbrella for degenerative diseases likes Alzheimer's and Parkinson's) that there have been many ups and downs in his start up journey as a pioneer in this field of health and wellness, disrupting Dementia. In today's interview, I'll ask him about the lessons he's learned along the way, the importance of family, and to explain his mission to make a difference for dementia sufferers and their loved ones before the global numbers go from 55 million people living with Dementia to doubling these numbers in the next 20 years. ***Just to note that John Denboer is not a current licensed psychologist / neuropsychologist / doctor and cannot provide medical advice. While researching Dr. Denboer I did see some things online that made me wonder why he is not a current licensed psychologist, and if you know me, getting to the truth of something is important. Instead of sweeping what I saw under the rug, I will ask him directly to explain what happened, so we can cover his journey with all the facts uncovered. Let's meet Dr.John Denboer and learn what we can do to disrupt dementia, strengthen our brains, and apply some of the lessons he's learned in his journey. Welcome Dr. John Denboer. Intro: I've got to ask you, because I did notice before you sent me the note to be sure we say that you are not a current licensed psychologist/neuropsychologist/doctor that something happened to your license. When I'm researching someone, I always say, “if it's online, I'm going to see it.” Instead of just ignoring what I saw, can I ask, what happened to your license? Intro B: Dr. Denboer, I listened to a recent podcast you did, before I read your book, This is Dementia, or watched your Netflix This is Dementia Documentary that goes hand in hand with the book, and it was a heartbreaking episode. It hit the heart for me, as I've been working the past 25+ years to bring awareness to important strategies and skills in our educational system (hence the name of the podcast Neuroscience Meets Social and Emotional Learning) and to do this, we have relied on grant funding with our work in the schools. Some competitive grants were won, others were lost, but my dollar amounts were nowhere near your dollar amounts lost with your start up. Can we start with a quick overview of what you built, what happened, and what you learned raising funds for a high growth startup, the successes/failures? Q1: I just interviewed Hilary Decesare,[vi] who appeared on that TV show Secret Millionaire on her new book coming out Relaunch and she talked about all the people she's helped over the years to start over. We've all been there at some point of time. What are you focused on now, and what is your vision for the future? Q1B: I watched your Netflix Documentary This is Dementia last night, and I did lose an Uncle who was diagnosed with early onset Alzheimers at 58, and it was a devastating experience to watch his decline. For those who don't know what Dementia is, can you explain the difference (Dementia vs Alzheimer's?) Q2: Can we mitigate dementia? What can we do right now to prevent this disease from impacting our brains? Can you explain what science knows about the brain and Alzheimer's and how Alzheimer's Disease affects the brain (our ability to think, remember and make decisions)? I do like to make sure we include the science in a way that we can all understand and learn something new. Is it just those 2 proteins Beta-Amyloid and Tao[vii] that do the damage in our brain, or is there more to it? Q1C: I did get my husband and I a brain scan[viii] to look and see what our brains looked like after I heard from Dr. Daniel Amen say that Alzheimer's can show up in the brain years before onset, but we can't all get our brains scanned and we were lucky to get his VIP rate since I did a podcast on the results. What can you share with us about early stage dementia detection since we can't all get our brains scanned until the cost comes down. What can we all look for and what prevention tip can we all implement immediately to prevent cognitive decline? Q2: When I saw your tattoo in the documentary, to motivate you personally and professionally, I related, as I recently got a tattoo for the same reason, and I draw on it daily to motivate me (it's on my ankle). You can't see your tattoo on your back though. Why did you put it there? Final Thoughts For people to reach out to you, and learn more, is the best place JohnDenboer.com? Dr. John Denboer, I want to thank you for coming on the podcast today, and being so open to share your journey with all of those who tune into the podcast. There are many lessons to learn from your experience, as well as the importance of listening to your heart and moving forward no matter what obstacles come your way. You surely have faced more obstacles than most of us, and your story shows that being a pioneer in the health care industry does take a unique and dedicated individual. I wish you all the success with your mission, and raising awareness for how we can all mitigate and slow down this devastating disease. Andrea's Final Thoughts Wow, that was a heartbreaking interview. I knew it was going to be difficult during the research phase, but knew there would be many lessons for all of us to hear. Since our focus of Season 8 is on brain health as it relates to learning, I wanted to debrief this interview, and think about everything that stood out to me. Lessons Learned from Dr. Denboer's Story Never a Lender nor a Borrower Be. The first lesson made me think of something my Dad used to say all the time, and is easy for us to see in hindsight. He would always say “Never a lender, nor a borrower be” and I know how difficult it must have been for Dr. Denboer to share the story of where borrowing money took him drastically off course. If you have ever been in a pinch financially (we all have been at some point), borrowing money to help get you past your difficult time isn't usually the best solution. Even if it's from someone you know well, and trust (like your family) it still does cause tension. The best solution, is to find another way forward (either by earning it yourself) or change the direction until you have the resources you need. I know that Dr. Denbouer wanted to share the details of his journey so that others could see where he made turns that sent him off course with his goals, so those listening can learn from his mistakes. Find a New Way Forward. We all get stuck, but when we know what we are meant to do, we must look for a new way forward. To see someone with years of work invested in his passion, lose their way, made me think of all the people who might have lost their way somehow during the Pandemic. I watched companies merge, and people being displaced, not sure of where to go next. I'm sure those of you listening could tell me a million stories, of loss and disappointment and as difficult times in our world continues, stories like John's aren't going to disappear. What I loved about this interview, is that Dr. Denboer is not giving up, and I know he will find a new way forward. He acknowledged how difficult it was, but he is clear on his direction, that his tattoo of his grandmother reminds him of daily. If you watch the interview, Dr. Denboer's face lit up when he spoke about his grandmother, and what she represents to him. If you have something important to you, like Dr. Denboer, you too will find a new way forward, if you've been taken off track. Keep Learning: We know that our brain health is crucial for all of us to live up to our full capacity, and Dr. Denboer reminded us that good cardiovascular health will get us 60% of the way, but to keep learning and doing things that stretch our brain in the process. I hope that you found Dr. Denboer's story to be helpful. If you want to reach out to him, go to JohnDenboer.com and send him a message. Like all of us, we could all use as much positive energy and love directed towards us, and our goals. I'll close with a quote from Steve Jobs, reminding us that “What we're doing here will send a giant ripple through the universe.” See you in a few days. Dr. John Denboer is a former clinical neuropsychologist specializing in the assessment and detection of early-stage dementia. He received his internship training at VA Boston Healthcare System (Boston University School of Medicine/Harvard University) and received his postdoctoral training at Barrow Neurological Institute. He has published extensively in the area of Clinical Neuropsychology and has been an expert speaker at many local, national, and international conferences. He is the Founder, CEO, and Chief Medical Officer of SMART Brain Aging, Inc., a company designed to help prevent and intervene in mild cognitive impairment and early-stage dementia. In the last 3 years, he has become a world-renown speaker in early-stage dementia detection and treatment. This has culminated in a Netflix documentary entitled “This is Dementia?!”[ix] as well as this book. REFERENCES: [i]The Top 5 Brain Health and Alzheimer's Prevention Strategies (Daily Exercise, Sleep, Eating a Healthy Diet, Optimizing our Microbiome, and intermittent Fasting). https://andreasamadi.podbean.com/e/do-you-know-the-top-5-brain-health-and-alzheimers-prevention-strategies-with-andrea-samadi/ [ii] Dr. David Perlmutter's “Alzheimer's: The Science of Prevention” https://scienceofprevention.com/ [iii] 10 Early Alzheimer's Symptoms That You Should Know https://www.amenclinics.com/blog/10-early-alzheimers-symptoms-that-you-should-know/ [iv] Disrupting Dementia TEDxGrandCanyonUniversity John DenBoer April 10, 2017 https://www.youtube.com/watch?v=R0xooSv6FkY&t=13s [v] https://podcasts.apple.com/dz/podcast/xl26-dr-john-denboer-disrupting-dementia/id1471486300?i=1000560704608 [vi]Neuroscience Meets Social and Emotional Learning Podcast EPISODE #219 Secret Millionaire Hilary Decesare On Her New Book Relaunch. https://andreasamadi.podbean.com/e/secret-millionaire-hilary-decesare-on-her-new-book-coming-june-9th-relaunch-spark-your-heart-to-ignite-your-life/ [vii] What Happens to the Brain in Alzheimer's Disease https://www.nia.nih.gov/health/what-happens-brain-alzheimers-disease [viii] Neuroscience Meets Social and Emotional Learning Podcast EPISODE #84 PART 3 “How a SPECT Image Brain Scan Can Change My Life: Andrea's Results” https://andreasamadi.podbean.com/e/how-a-spect-scan-can-change-your-life-part-3-with-andrea-samadi/ [ix] This is Dementia Netflix Documentary https://www.forbes.com/sites/robinseatonjefferson/2019/04/09/this-is-dementia-documentary-premiers-thursday-on-netflix/?sh=5ea60a61320c
This recording is from Fintech Nexus USA (formerly known as LendIt Fintech USA) held at the Javits Center in New York City on May 25-26, 2022. It is from the track: Consumer Lending: BNPL, Cards and Personal Loans - Sponsored by FICO and is titled: Broad-Based Credit Scores & Custom Lender Models; How they Intersect Across the Ecosystem. Speaking in this session are Kevin Moss, Independent Consultant, Jeff Andrews, Applied Data Finance, Haiyan Huang, Prosper, with Moderator: Alex Johnson, Fintech Takes.
Rafi Golberstein, principal at PACE Loan Group, joins Patrick Dolan to discuss his career trajectory, why he got into the commercial property assessed clean energy (C-PACE) space, and where the C-PACE industry is now. They also explore some of the biggest misconceptions in the C-PACE industry and what could help lenders and developers to better understand and consent to C-PACE in their capital stacks.
In this 71st episode of About the House with Troy Galloway, Troy talks to Jason Halteman of PNC Bank about commercial banking. Find out what business owners need to do first to ensure they get approved for a loan. Contact Jason by calling 314-412-9000 or by email at firstname.lastname@example.org Submit your questions at the Galloway Building Services Facebook page https://www.facebook.com/GallowayBuildingServices About the House brought to you by http://gallowaybuildingservices.com/ 1:32 Jason was in the Army National Guard for 6 years and is now married with 3 kids 2:37 Jason has over 21 years as a business banker 2:58 What will interest rates do? 3:26 Rates dropped in 2008 and have been increasing since then 4:12 Fixed rates for up to 25 years 4:58 Buying a strip mall how and what is an owner-occupied real estate loan 6:22 Troy has been working with Californians because they get more for their dollar in the Midwest 6:58 Investment property 7:30 Troy's been working with Somalian hotel buyers 8:27 Apartment buildings are commercial once there are 4 or more units 9:30 SBA loans and conventional loans 11:30 Reducing tax burdens 12:25 What to do when getting ready to borrow money 16:55 Construction loan for an apartment building 17:35 How do you know I'm using the loan for the right things. 18:30 Looking at the past 3 years of taxes to see past inventory 19:05 Bad loans affects everyone. Just look at what happened in 2008 19:15 Down payments 20:36 Leveraging your building 21:30 How to get a better opportunity at your bank 24:45 How banks can help with collecting receivables quicker 26:51 Stolen check and post office delays 29:40 Paying with credit cards 31:30 Lender, accountant, and CPA all need to be on the same page 33:27 Will there be another recession? 35:30 Chinese are buying solid assets in America. 37:37 There is a huge lack of inventory but plenty of buyers 38:18 Millionaires were made during The Great Depression 39:03 Buying a business to conserve wealth 39:40 Financing to buy into a new medical practice 40:20 Troy put a little joke in one of his reports at a medial office 42:58 Equipment line of credit to buy new equipment each year 45:48 Friend of the show Jeff Solomon referred Jason Halteman to Troy 46:17 Jason shares a horror story about a buyer signing an impossible contract 48:49 Troy knows a restaurateur whose rehab cost so much that he can't pay the loan now 50:44 Hazardous waste 51:06 contact Jason at email@example.com 51:47 Find out more about PNC Bank's services at https://www.pnc.com/
https://www.weforum.org/agenda/2018/12/why-are-so-many-people-getting-a-meat-allergy https://snacksafely.com/2018/03/study-red-meat-allergy-a-growing-concern/ https://finance.yahoo.com/news/fico-became-credit-score-100000037.html https://www.weforum.org/agenda/2021/01/this-new-approach-to-credit-scoring-is-accelerating-financial-inclusion/ https://twitter.com/AndrewLawton/status/1529045188764921856?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1529045188764921856%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwelovetrump.com%2F2022%2F05%2F24%2Fwef-2022-panelist-brags-about-individual-carbon-footprint-tracker-watch%2F https://www.visualcapitalist.com/history-consumer-credit-one-infographic/ https://www.amistadresearchcenter.org/single-post/2019/03/05/The-Mercantile-Agency-A-Curious-Relationship-of-Credit-Reporting-and-Abolitionism https://prabook.com/web/robert.dun/3770786 https://www.isis.vanderbilt.edu/sites/default/files/google-data-collection.pdf https://www.offthegridnews.com/current-events/top-headlines/the-shocking-link-between-peanut-allergies-and-vaccines/
Today on Daily News You Can Use, Ray and Kimberly reveal the secrets behind car deals and how they are structured by finance managers and car lenders. They also discuss how to build your confidence when car buyings, finance and insurance glossary tips, and more! Tune in to learn more!
It's Finance Friday! Today, Dave Ramsey reveals 3 things the Bible says you should do with money. Source: How to Take Hold of Your Money | Dave RamseyGrab your QOD merch -- tees, hats, mugs, tumblers, and more -- at www.qodmerch.com!Hosted by Sean CroxtonFollow me on Instagram Listen to my new Mindset Coach podcast! Want ad-free episodes? Visit your App Store and download the Stitcher app. Join Stitcher Premium and listen to QOD commercial-free!
If you're looking to buy a house, qualifying for a mortgage is one of the most important steps. Stacy Lynn Schriever is a residential mortgage loan originator and brand manager at Premier Nationwide lending, and she is dedicated to making the dream of homeownership a reality for her clients.Many people are overwhelmed by the process involved in qualifying for a mortgage. When considering why it seems so scary, Stacy points out that a lot of people try to be their own experts. Much like you wouldn't go to trial without a lawyer, or attempt your own surgery, having an experienced mortgage expert in your corner will make the process more successful.And success doesn't always mean an immediate “yes” on a mortgage decision. Sometimes Stacy's team needs to say, “not right now,” and provide additional guidance on how to qualify for that loan. Giving extra support is a key part of her business values, because she views each loan application as a whole person, not just a collection of numbers.In fact, it was helping her own parents become first time homeowners that has been one of the highlights of Stacy's career. Walking them through the process and then watching their excitement on moving day is a memory she'll always cherish.Whether the mortgage is for the family themselves or an investor who will rent it out to a family, Stacy makes every mortgage application decision with the people themselves in mind. As her team celebrates one year in their Flower Mound location, they are thrilled to support the community through educational programs for both Realtors and potential homebuyers.Takeaways from this episode: When looking to buy a house, whether a primary residence or investment property, it's important to choose a mortgage loan originator who is knowledgeable and caring. Stacy Lynn Schriever and her team consider each application carefully, thinking about the people behind the numbers. Buying a house often makes a lot more sense than renting long term. Giving back through educational programs for Realtors and potential homebuyers is helping make Flower Mound a stronger community. Resources mentioned in this episode:Stacy Lynn Schrieverhttps://stacylynnschriever.com/Hero Nation Coaching: https://www.theheronation.com/Cross Timbers Rotary: https://crosstimbersrotary.com/Flower Mound Chamber of Commerce: https://flowermoundchamber.com/St. Nicholas Church: https://www.stnicksonline.org/To get receive the framework to help you know yourself better via the homes that create the chapters in the story of your life email me:firstname.lastname@example.orgTo listen to previous episodes, and to submit your application as a guest, please visit:https://aroundflowermound.com/
This week on Appraiser Talk, Lisa unpacks hypothetical conditions for Amy and just what they mean for an appraisal assignment.
Thanks to Change Wholesale with its proprietary Community Mortgage program. There are no bank statements, employment, or DTI requirements, allowing brokers to deliver more prime loans to more credit-worthy borrowers like small business owners, gig workers, retirees, and anyone else searching for home financing.
NYC comic, artist, satirist and maximalist Avery Lender helps us out this week as we go on an adventure door to door and pretend that we're all Jehovah's Witnesses in a half-assed way. To follow Avery Lender and her upcoming events you can do so on instagram under averylender, twitter under uptownjam, youtube under avery lender or her websiteaverylender.com.
After coaching so many students, I have seen that each successful student hit this "cross-over" point where they finally decide being sexy, and looking good is not making them money. At this exact point, all of a sudden they become useful to their Seller's, Buyer's, Lender's, and family. I have also seen when this happens, most go on an information diet, and shed the "info glut" they were blinded by for sometimes decades. Lastly, our society has some new deep-rooted problem of people self-diagnosing themselves (SDT, I call it). For example: "I have social anxiety, so I can't do that!" But never being diagnosed by a doctor with this disorder. In today's podcast, we are going to put all the "sexy" and "excuses" aside, and dig into how to have the straightest path to the pot at the end of the rainbow. And this comes from the best mistakes I have ever made when coming through the Rookie ranks myself. I think it will surprise you, so be sure to listen in today ...
How To Choose A Mortgage Lender: Questions To Ask A Mortgage Lender, questions to ask mortgage broker, what questions to ask a mortgage lender. Today I am going to share with you the top questions to ask your mortgage lender when buying your first home. I am going to be covering 17 questions that you need to ask your mortgage lender so that by the end, you are going to learn how to choose the best mortgage lender to work with you. So enjoy, sit back and relax! — HELPFUL TOOLS — ✅ Connect with a great home buyer AGENT or LENDER in your city → https://app.tryhomeflow.com/find-great-buyers-agent ✅ Download HomeFlow, The Smart Home Buyer App → https://lauramoreno.com/homeflow/ ✅ Schedule A Free 20-Minute Home BuyerStrategy Call → https://calendly.com/ms_homebuyer/20-minute-call ✅ Get The Smart Home Buyer Calculator → https://lauramoreno.com/calculator/ ✅ Buy or Sell your home in Brooklyn, New York using Laura Moreno as your agent → https://lauramoreno.com/hire-me/ — RELATED VIDEOS — ⭐ 10 First Time Home Buyers Mistakes - https://youtu.be/G0pkb1FvG5s ⭐ How Much House Can I Afford? - https://youtu.be/dAYEj1_5G_I ⭐ How To Find A Great Agent? - https://youtu.be/7F6LoQeCzaA ⭐ Top Questions To Interview Your Agent: https://youtu.be/nIGpPD05IQQ ⭐ Playlists - https://www.youtube.com/c/LauraMorenoCabanillas/playlists - DISCLAIMER - Laura Moreno is a licensed real estate agent in Brooklyn, New York with eRealty as of the time of making this video. All information given is meant to be educational and be a starting point in your home buying/selling journey. All topics in my videos are based on my prior experiences, please double-check and confirm/consult with a local licensed professional real estate agent or mortgage lender if it applies to your situation.
Today's Flash Back Friday Episode is from Episode #202, which originally aired on October 29, 2018. In this episode of the Real Estate Investing for Cashflow Podcast, Kevin shares the mic with Jack Miller - Commercial Real Estate Investor and Lender of Quick Liquidity and Gelt Financial. At the ripe age of 18, Jack started his foray into RE investing in the late 80's with zero credit; Eventually buying up over 100+ homes by the time he turned 21. After his initial stint, he's expanded into every asset class you could possibly imagine, expanding to the lending side of the business, and surviving multiple turns in the market over his long career. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources: Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals! Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
There is always a great deal of excitement in designing and building a custom home but once you know what it's going to cost you must meet with a mortgage broker. Joining us on this episode is Edward Rodgers with Hancock Whitney Bank to answer your questions about the process and the best way to go about it. Want to contact us? email@example.com Steve Iltis - firstname.lastname@example.org Shannon Vestal - email@example.com Steve Rudin - firstname.lastname@example.org Rate us, subscribe and share with your friends!
Buying a home can be stressful. While we'd like to believe that offers get accepted all the time, that's just not the case. In this video, we'll explore what happens when an offer is made on a home and the buyer's lender receives the appraisal report. We'll look at why an appraisal gap is created and whether or not it's a good idea to offer more than the appraised value. — GET STARTED —
Best mortgage lenders. Best mortgage lenders for first-time buyers. Best mortgage lenders near me. Today I am going to share with you how to find the best mortgage lenders as a first time home buyer. I am going to be covering: - Who are the best mortgage lenders for first time home buyers - How to choose a mortgage lender - How not to find a mortgage lender - How to find the best mortgage lenders near me (Zillow) - How to compare mortgage lenders So by the end, you are going to learn everything that you need to know to find the best mortgage lender so that you can relax when buying your first home. So enjoy, sit back and relax! And if you like this video subscribe to this channel so YouTube will show it to more people — HELPFUL TOOLS — ✅ Connect with a great home buyer AGENT or LENDER in your city → https://app.tryhomeflow.com/find-great-buyers-agent ✅ Download HomeFlow, The Smart Home Buyer App → https://lauramoreno.com/homeflow/ ✅ Schedule A Free 20-Minute Home BuyerStrategy Call → https://calendly.com/ms_homebuyer/20-minute-call ✅ Get The Smart Home Buyer Calculator → https://lauramoreno.com/calculator/ ✅ Buy or Sell your home in Brooklyn, New York using Laura Moreno as your agent → https://lauramoreno.com/hire-me/ — RELATED VIDEOS — ⭐ 10 First Time Home Buyers Mistakes - https://youtu.be/G0pkb1FvG5s ⭐ How Much House Can I Afford? - https://youtu.be/dAYEj1_5G_I ⭐ How To Find A Great Agent? - https://youtu.be/7F6LoQeCzaA ⭐ Top Questions To Interview Your Agent: https://youtu.be/nIGpPD05IQQ ⭐ Playlists - https://www.youtube.com/c/LauraMorenoCabanillas/playlists - DISCLAIMER - Laura Moreno is a licensed real estate agent in Brooklyn, New York with eRealty as of the time of making this video. All information given is meant to be educational and be a starting point in your home buying/selling journey. All topics in my videos are based on my prior experiences, please double-check and confirm/consult with a local licensed professional real estate agent or mortgage lender if it applies to your situation.
I used ScoreMaster to take care of a negative item on my credit report before I recently went under contract to buy a home. The average ScoreMaster user sees +61 points in 20 days. Sign up today: https://www.scoremaster.com/winthehouseyoulove ScoreMaster Credit Score Simulator Software (+61 points in 20 days on average) → https://www.scoremaster.com/winthehouseyoulove — GET STARTED —
With just days to go until the Federal election, both the major parties have announced new policies designed to attract the votes of, and allegedly help, first home buyers. But what of the Coalition's plan to allow people to access up to $50,000 of their Superannuation to help pay for the deposit on their first home; is it a good idea that will genuinely help you get on the housing ladder, or a disaster for your retirement? The Quicky speaks to a Superannuation expert to find out everything you need to know before you cast your vote this Saturday. Subscribe to Mamamia GET IN TOUCH Feedback? We're listening! Call the pod phone on 02 8999 9386 or email us at email@example.com CONTACT US Got a topic you'd like us to cover? Send us an email at firstname.lastname@example.org CREDITS Host: Claire Murphy With thanks to: Matt Linden - Deputy CEO of Industry Super Australia, and leads their strategic engagement with the Federal Government, parliamentarians, central agencies, and parliamentary press gallery Producer: Claire Murphy Executive Producer: Siobhán Moran-McFarlane Audio Producer: Jacob Round Subscribe to The Quicky at...https://mamamia.com.au/the-quicky/ Mamamia acknowledges the Traditional Owners of the Land we have recorded this podcast on, the Gadigal people of the Eora Nation. We pay our respects to their Elders past and present, and extend that respect to all Aboriginal and Torres Strait Islander cultures. Just by reading our articles or listening to our podcasts, you're helping to fund girls in schools in some of the most disadvantaged countries in the world - through our partnership with Room to Read. We're currently funding 300 girls in school every day and our aim is to get to 1,000. Find out more about Mamamia at mamamia.com.au Support the show: https://www.mamamia.com.au/mplus/ See omnystudio.com/listener for privacy information.
Join us as Pastor Jason Warman continues our collection of talks, "Wait Til I Get My Money Right". We hope this message encourages and inspires you!Want more like this from CoastLife Church?YouTube: CoastLife Church - YouTubeFacebook: https://www.facebook.com/mycoastlifechurchInstagram: https://instagram.com/coastlifechurch...GIVE: https://www.mycoastlifechurch.com/giveLooking to get connected? We'd love to meet you! We offer several different ways to connect and be in community: Join a Together Group, Register for CoastLife+, or become a part of our Serve Team today by visiting: CoastLife Connect Card - CoastLife Church (churchcenter.com)Give: To support and be a part of or growth and global impact click here: https://www.mycoastlifechurch.com/give
Pre-qualified vs pre-approved: should you get pre-qualified or pre-approved? What is the difference? Today I am going to share with you what is the difference between getting pre-qualified vs pre-approved. I am going to be covering why you need to get pre-qualified and or pre-approved, what is the difference and how long it takes so by the end, you are going to understand what you should do first, either getting pre-qualified vs pre-approved when buying your first home. So enjoy, sit back and relax! And if you like this video subscribe to this channel so YouTube will show it to more people — HELPFUL TOOLS — ✅ Connect with a great home buyer AGENT or LENDER in your city → https://app.tryhomeflow.com/find-great-buyers-agent ✅ Download HomeFlow, The Smart Home Buyer App → https://lauramoreno.com/homeflow/ ✅ Schedule A Free 20-Minute Home BuyerStrategy Call → https://calendly.com/ms_homebuyer/20-minute-call ✅ Get The Smart Home Buyer Calculator → https://lauramoreno.com/calculator/ ✅ Buy or Sell your home in Brooklyn, New York using Laura Moreno as your agent → https://lauramoreno.com/hire-me/ — RELATED VIDEOS — ⭐ 10 First Time Home Buyers Mistakes - https://youtu.be/G0pkb1FvG5s ⭐ How Much House Can I Afford? - https://youtu.be/dAYEj1_5G_I ⭐ How To Find A Great Agent? - https://youtu.be/7F6LoQeCzaA ⭐ Top Questions To Interview Your Agent: https://youtu.be/nIGpPD05IQQ ⭐ Playlists - https://www.youtube.com/c/LauraMorenoCabanillas/playlists - DISCLAIMER - Laura Moreno is a licensed real estate agent in Brooklyn, New York with eRealty as of the time of making this video. All information given is meant to be educational and be a starting point in your home buying/selling journey. All topics in my videos are based on my prior experiences, please double-check and confirm/consult with a local licensed professional real estate agent or mortgage lender if it applies to your situation.
First Time Home Buyer (2022) - 16 Strategies To Make An Offer On A House And WIN A Bidding War Today I am going to share with you how to make an offer on a house that will WIN a bidding war. I am going to be covering 16 strategies that will help make your offer super strong so by the end, you are going to learn everything that you need to know to WIN that freaking bidding war. So enjoy, sit back and relax! Strategies: 1. Build report with the listing agent 2. Learn why the seller wants to sell 3. Learn what is the interest in the market 4. Know the value of the property 5. Make sure you are credible 6. Write a personal letter 7. Buy it as-is with the right to inspection and the right to terminate 8. Offer free rent back 9. Offer above the listing price 10. Wave your appraisal 11. Use the escalation clause 12. Don't ask to contribute to closing costs 13. Submit your offer as soon as you can 14. Close as soon as possible 15. Look for FSBO 16. Don't have a buyers agent All the best! Laura — HELPFUL TOOLS — ✅ Connect with a great home buyer AGENT or LENDER in your city → https://app.tryhomeflow.com/find-great-buyers-agent ✅ Download HomeFlow, The Smart Home Buyer App → https://lauramoreno.com/homeflow/ ✅ Schedule A Free 20-Minute Home BuyerStrategy Call → https://calendly.com/ms_homebuyer/20-minute-call ✅ Get The Smart Home Buyer Calculator → https://lauramoreno.com/calculator/ ✅ Buy or Sell your home in Brooklyn, New York using Laura Moreno as your agent → https://lauramoreno.com/hire-me/ — RELATED VIDEOS — ⭐ 10 First Time Home Buyers Mistakes - https://youtu.be/G0pkb1FvG5s ⭐ How Much House Can I Afford? - https://youtu.be/dAYEj1_5G_I ⭐ How To Find A Great Agent? - https://youtu.be/7F6LoQeCzaA ⭐ Top Questions To Interview Your Agent: https://youtu.be/nIGpPD05IQQ ⭐ Playlists - https://www.youtube.com/c/LauraMorenoCabanillas/playlists - DISCLAIMER - Laura Moreno is a licensed real estate agent in Brooklyn, New York with eRealty as of the time of making this video. All information given is meant to be educational and be a starting point in your home buying/selling journey. All topics in my videos are based on my prior experiences, please double-check and confirm/consult with a local licensed professional real estate agent or mortgage lender if it applies to your situation.
For Sale By Owner Zillow (FSBO) - How To Find A For Sale By Owner Near Me Using Zillow Today I am going to share with you how you can find a for sale by owner property using Zillow. I am going to be covering what is for sale by owner, why people do it, and how you can find for sale by owner properties near you in Zillow. So by the end, you are going to learn everything that you need to know on how to find for sale by owner properties in Zillow so that you can save money and access more properties. So enjoy, sit back and relax! — HELPFUL TOOLS — ✅ Connect with a great home buyer AGENT or LENDER in your city → https://app.tryhomeflow.com/find-great-buyers-agent ✅ Download HomeFlow, The Smart Home Buyer App → https://lauramoreno.com/homeflow/ ✅ Schedule A Free 20-Minute Home BuyerStrategy Call → https://calendly.com/ms_homebuyer/20-minute-call ✅ Get The Smart Home Buyer Calculator → https://lauramoreno.com/calculator/ ✅ Buy or Sell your home in Brooklyn, New York using Laura Moreno as your agent → https://lauramoreno.com/hire-me/ — RELATED VIDEOS — ⭐ 10 First Time Home Buyers Mistakes - https://youtu.be/G0pkb1FvG5s ⭐ How Much House Can I Afford? - https://youtu.be/dAYEj1_5G_I ⭐ How To Find A Great Agent? - https://youtu.be/7F6LoQeCzaA ⭐ Top Questions To Interview Your Agent: https://youtu.be/nIGpPD05IQQ ⭐ Playlists - https://www.youtube.com/c/LauraMorenoCabanillas/playlists - DISCLAIMER - Laura Moreno is a licensed real estate agent in Brooklyn, New York with eRealty as of the time of making this video. All information given is meant to be educational and be a starting point in your home buying/selling journey. All topics in my videos are based on my prior experiences, please double-check and confirm/consult with a local licensed professional real estate agent or mortgage lender if it applies to your situation.