Artwork

Money Matters With Dino and Dino Katsiametis에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Money Matters With Dino and Dino Katsiametis 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Player FM -팟 캐스트 앱
Player FM 앱으로 오프라인으로 전환하세요!

#145 Eric Morgenson – New Mortgage Options For the Self-Employed

30:37
 
공유
 

Manage episode 222278929 series 1030583
Money Matters With Dino and Dino Katsiametis에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Money Matters With Dino and Dino Katsiametis 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

Today on Money Matters with Dino, Eric Morgenson from Angel Oak Mortgage Solutions talks with Dino Non-qualified mortgages. What is a non-qualified loan? Well simply, when the borrower's debt to income ratio exceeds more than 35%.

For more information:

Call Dino at 949-720-1616 or send an email at dino@cacoastalloans.com

Here are just a few things you will learn:

  • If a loan is not done properly meaning the consumer does not have the income to repay loan, then the lender can be sued for the full amount of the loan, so lenders must be careful.
  • Taxes are not a good indicator of income. A better indicator than taxes of someone’s income is bank statements and deposits.
  • Add up 12 months of deposits minus the client expenses and divide by 12, that’s the income.
  • These are not the same loans that caused the last recession, because there is no sub-prime credit. The loans are private money and interest rates are based on the risk to the lender. The more the borrower puts down and the better their credit score, the lower the rate.
  • When considering Alternative Loans look at the dollar cost average over the life of the loan.
  • What happens when there’s a bankruptcy? It can be as soon as 2 years out of a bankruptcy.
  • There are even programs for foreign investors wanting to buy property.

For more information:

Call Dino at 949-720-1616 or send an email at dino@cacoastalloans.com

  continue reading

154 에피소드

Artwork
icon공유
 
Manage episode 222278929 series 1030583
Money Matters With Dino and Dino Katsiametis에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Money Matters With Dino and Dino Katsiametis 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

Today on Money Matters with Dino, Eric Morgenson from Angel Oak Mortgage Solutions talks with Dino Non-qualified mortgages. What is a non-qualified loan? Well simply, when the borrower's debt to income ratio exceeds more than 35%.

For more information:

Call Dino at 949-720-1616 or send an email at dino@cacoastalloans.com

Here are just a few things you will learn:

  • If a loan is not done properly meaning the consumer does not have the income to repay loan, then the lender can be sued for the full amount of the loan, so lenders must be careful.
  • Taxes are not a good indicator of income. A better indicator than taxes of someone’s income is bank statements and deposits.
  • Add up 12 months of deposits minus the client expenses and divide by 12, that’s the income.
  • These are not the same loans that caused the last recession, because there is no sub-prime credit. The loans are private money and interest rates are based on the risk to the lender. The more the borrower puts down and the better their credit score, the lower the rate.
  • When considering Alternative Loans look at the dollar cost average over the life of the loan.
  • What happens when there’s a bankruptcy? It can be as soon as 2 years out of a bankruptcy.
  • There are even programs for foreign investors wanting to buy property.

For more information:

Call Dino at 949-720-1616 or send an email at dino@cacoastalloans.com

  continue reading

154 에피소드

모든 에피소드

×
 
Loading …

플레이어 FM에 오신것을 환영합니다!

플레이어 FM은 웹에서 고품질 팟캐스트를 검색하여 지금 바로 즐길 수 있도록 합니다. 최고의 팟캐스트 앱이며 Android, iPhone 및 웹에서도 작동합니다. 장치 간 구독 동기화를 위해 가입하세요.

 

빠른 참조 가이드