Finance With Foss Podcast

Finance With Foss Podcast

By Justus FossEducation
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Finance With Foss Podcast episodes

  • Top 15 Most Frequently Asked Mortgage Questions

    Are you a first-time homebuyer or someone with a lot of mortgage questions? This might just be the video for you with my top 15 most asked questions along with a bonus question on gift funds. Watch the whole video or skip ahead to your specific question and let me know if you want either additional information or have a complete separate question to what was answered here!  

    • 00:00 - Introduction 
    • 00:53 - Question 1 - Do I need great credit to get a mortgage? 
    • 01:44 - Question 2 - How much do I need for a down payment? 
    • 02:59 - Question 3 - Closing costs? How much should I expect them to be? 
    • 03:28 - Question 4 - Fixed rate vs adjustable rate mortgage 
    • 04:52 - Question 5 - When should I lock my interest rate? 
    • 05:38 - Question 6 - What type of mortgage is best for me? 
    • 06:43 - Question 7 - What are discount points? Should I pay for them? 
    • 07:59 - Question 8 - 15 year loan vs 30 year loan 
    • 09:39 - Question 9 - What documents do I need? 
    • 10:52 - Question 10 - What is a pre-qualification? 
    • 11:54 - Question 11 - What is a pre-approval? 
    • 13:48 - Question 12 - What is an escrow account? 
    • 14:33 - Question 13 - Why does it take so long to close a mortgage? 
    • 15:35 - Question 14 - How is my mortgage payment determined? 
    • 16:53 - Question 15 - Will my monthly payments change during the loan? 
    • 17:37 - Bonus - How do I handle gift money?
      • 21 min
    • Fed Rate Hikes Are NOT Directly Tied to Mortgage Rates

      A question from my  video about the recent Fed Rate hike, had a question from Realtor Joe Gattone from Chicagoland, IL who asked, "Hey! good stuff dude. Can you explain how the Fed Rate is NOT directly tired to mortgage rates?". We take a quick look into this and what the Federal Reserve actually influences.

      6 min
    • Fed raises rates again; What does this mean for mortgages?

      The Federal Reserve just raised the interest rates again here in July, what does that mean for you if you're looking to purchase a home?  00:00 - Introduction 

      • 00:18 - Fed increases rates 
      • 01:13 - What's next? 
      • 01:33 - Background on the Fed 
      • 01:59 - What does this mean for you? 
      • 02:22 - Closing  

        • 📒 Show Notes and Resources 📒  

        Justus Foss Mortgage Loan Officer - Finance With Foss NMLS #1588344 

        Have a mortgage question about something not covered in this or specifically about the content today? Reach out, I'd love to help answer it.  

        Justus on Social Media: 

        • https://linktr.ee/FinanceWithFoss 
        • http://www.FinanceWithFoss.com 
        • https://www.facebook.com/FinanceWithFoss 
        • https://instagram.com/FinanceWithFoss 
        • https://www.linkedin.com/in/JustusFoss/ 
        • https://twitter.com/FinanceWithFoss
          • 3 min
        • 2022 Housing Market Price Correction - Is A Price Correction Coming?

          #mortgage #housingmarket   

          Is a price correction on the way? Some signs may be hinting towards it, but some strong economic indicators might show otherwise. Let's talk about it.  

          📒 Show Notes and Resources 📒  

          Justus Foss Mortgage Loan Officer - Finance With Foss NMLS #1588344 

          Have a mortgage question about something not covered in this or specifically about the podcast today? 

          Reach out, I'd love to help answer it.  

          Justus on Social Media: 

          • https://linktr.ee/FinanceWithFoss 
          • http://www.FinanceWithFoss.com 
          • https://www.facebook.com/FinanceWithFoss 
          • https://instagram.com/FinanceWithFoss 
          • https://www.linkedin.com/in/JustusFoss/ 
          • https://twitter.com/FinanceWithFoss
            • 9 min

          About Finance With Foss Podcast

          From the publisher's feed

          Welcome to the Finance With Foss Podcast Channel. In this, I host multiple different shows under the Finance With Foss name. Office Hours is a show where I talk through recent news and information…