Mortgage Guide

Mortgage Guide

By Adam LesnerSociety & CultureBusinessKids & FamilyInvesting
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Mortgage Guide episodes

  • E003: Buying a Home on Land Contract

    Buying a home with seller financing on a land contract is not for everyone. In this episode I cover what you need to know about buying a house on land contract, and how to successfully refinance out of it when it’s time.

    You can also learn more at http://www.balanceprocess.com/what-is-a-land-contract/

    11 min
  • E002: Portfolio Loans | How They Save Deals

    Everything you need to know about getting a portfolio loan. Portfolio loans are a perfect opportunity for borrowers seeking home financing, but don’t fit within normal lending guidelines.

    Here are some scenarios where a portfolio loan might be a good fit:

    • Recent credit issue – Bankruptcy, foreclosure, short sale, ect. – but now back on their feet
    • Unique property type – Non-warrantable condo, log cabin, etc.
    • Foreign National – Borrowers new to the US with no credit established
    • Investment property – Borrowers with a high number of investment properties that are already financed
    • Self-Employed – Borrowers with unique income due to being a business owner

      • Here is the original article: https://www.balanceprocess.com/what-is-a-portfolio-loan/

      In the podcast I mentioned there is a way for borrowers to get approved for conventional financing without having 2 years self-employed income, here is the full video on that – https://youtu.be/t9fIAegHCr8

       

      13 min
    • E002: What is a Portfolio Loan?

      Everything you need to know about getting a portfolio loan. Portfolio loans are a perfect opportunity for borrowers seeking home financing, but don’t fit within normal lending guidelines.

      Here are some scenarios where a portfolio loan might be a good fit:

      • Recent credit issue – Bankruptcy, foreclosure, short sale, ect. – but now back on their feet
      • Unique property type – Non-warrantable condo, log cabin, etc.
      • Foreign National – Borrowers new to the US with no credit established
      • Investment property – Borrowers with a high number of investment properties that are already financed
      • Self-Employed – Borrowers with unique income due to being a business owner

        • Here is the original article: http://www.balanceprocess.com/what-is-a-portfolio-loan/

        In the podcast I mentioned there is a way for borrowers to get approved for conventional financing without having 2 years self-employed income, here is the full video on that – https://youtu.be/t9fIAegHCr8

         

        13 min
      • E001: How to Build Credit to Buy a House

        Episode 1 of the Mortgage Guide podcast. Building credit is crucial when seeking home financing. Here are some tips to carry with you.

        Original video here: https://youtu.be/oqgEkE_zYQE

        Full article here: https://www.balanceprocess.com/credit/

        More on portfolio lending: https://www.balanceprocess.com/what-is-a-portfolio-loan/

        5 min
      • E001: How to Build Credit to Buy a House

        Episode 1 of the Mortgage Guide podcast. Building credit is crucial when seeking home financing. Here are some tips to carry with you.

        Original video here: https://youtu.be/oqgEkE_zYQE

        Full article here: http://www.balanceprocess.com/credit/

        More on portfolio lending: http://www.balanceprocess.com/what-is-a-portfolio-loan/

        5 min

      About Mortgage Guide

      From the publisher's feed

      All things mortgage and real estate. From the basic first time home buyer scenario, to the seasoned investor with a diverse portfolio of properties, you will get something out of every episode. Find…