This week, Jennifer and Brian welcome Joe Coulter and Matthew DePippo from Residential Mortgage Services. They dive into everything you need to know about taking out a loan to buy a house.

Husband and wife Real Estate Team Brian and Jennifer Frost discuss everything you want to know about buying, selling, investing and owning property.

Topics discussed include:

Who are Fannie and Freddie?

How about FHA and VA loans? Where does the money come from?

What does an underwriter do?

RMS is direct lender, right? mortgage broker vs lender vs bank

Where do the guidelines come from?

What is a QM standard?

What are the roles of originator, servicer and investor?

How are Covid-19 related events affecting guidelines?

5 C's - Capacity, Collateral, Credit, Cash and... Compensation?

How rapidly are things changing?

What does it mean when the Fed Rate changes?

Can we talk about the bond market?

How long can you lock a rate for?

What steps can a buyer take right now?

If you’re buying or selling real estate, contact Jennifer at www.bestmovesearch.com

Spouses Talking Houses is recorded this and every week at The Studio 21 Podcast Café and is part of The United Podcast Network.

Music used with permission of Eric Lindberg. The theme music is Punkinseed from the album Rich Enough by The Eric Lindberg Trio. It’s available for purchase at https://store.cdbaby.com/cd/ericlindbergtrio1

Jennifer and Brian are licensed to practice real estate in NH and MA. Brian is also a certified general appraiser in NH. They are not lawyers, accountants, home inspectors or therapists. Real estate customs and rules may be different in your area. Each Keller Williams Realty office is independently owned and operated. The Realtor name is trademarked to members of the National Association of Realtors. If you are currently under contract with a real estate agent, this is not intended as a solicitation. Views expressed on this podcast by Jennifer may not be shared by Brian and vice versa, nor are they the views of Keller Williams Realty.