We're back with a brand new episode called "Marry the House, Date the Rate". Over the past few months, the real estate market has taken some major hits as it relates to interests, with increases up to 8 percent. Many buyers have been looking to decide if now is the right time to purchase a home, and we sit down with Kevin Parlett of Direct Mortgage Loans to discuss the process of buyers getting pre-approved, current interest rates, specialty loans, downpayment assistance programs and 2-1 Buydown options. Listen in now to hear what goes down in part I. 

[0:00:36] Episode and Guest Intro [0:05:52] The Initial Steps for Buyers to Get Pre-Approved [0:06:55] Documents Lenders Need From Potential Buyers [0:08:49] What Lenders Are For When Pre-Approving Buyers? [0:11:11] Preparing Tax Returns/Deductions for the Self-Employed [0:12:03] Alternative Loan Option/Bank Statement Loans [0:14:01] What Are Discounts Points? How Can They Benefit Buyers? [0:16:56] Should You Buy Down Points In This Market? [0:19:25] What Is The Interest Now? [0:20:38] Incentive Alert: Waived Lender Fees for Refinancing with Direct Mortgage Loans [0:22:04] What Are Lender Fees? [0:23:04] The Difference Between Lender Costs, Loan Costs and Closing Costs [0:25:52] How Do Lenders Get Paid [0:27:12] Lender Credits: What Is It? Who Does It Help? [0:32:05] Introducing the 2-1 Buydown