Buying a house is a major financial commitment that comes with costs that you might now be aware of. Of course, there's the downpayment. However, there are other costs associated with owning a home. 

In this episode, Ivan Simental NMLS# 1762746 discusses how much money you should realistically have saved before buying your first home. Later, he gives some great tips for starting to save money for your first home. 

The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

Equal Housing Opportunity.

Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

When preparing to get a mortgage and buy a new home, it’s important to do things beforehand in order to present yourself as a strong borrowing candidate.

In this episode, Ivan Simental NMLS# 1762746 tells you what NOT to do before buying a house.

Or, you can read the article What not to do before buying a house: 7 Mistakes to avoid

The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

Equal Housing Opportunity.

Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

If you own a home you are probably worried about what will happen to your home value during a recession. With a recession predicted in 2023, let's discuss how that could affect your home value. 

In this episode mortgage expert Ivan Simental NMLS# 1762746 has the answer to your question, "what will happen to my home value during a recession?"

The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

Equal Housing Opportunity.

Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

Are you getting ready to buy your first home in 2023? Maybe you're just now getting prepared? Are you confused about how to start the home-buying process? 

In this episode mortgage expert Ivan Simental NMLS# 1762746 talks about the 5 most important things to know about buying a house in 2023. 

The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

Equal Housing Opportunity.

Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

We hear the same advice all the time - buy the worst house, in the best neighborhood. Is this always true? Are there times when it's actually better to buy the BEST house in the worst neighborhood? Is there a middle ground? 

In this episode, mortgage expert Ivan Simental NMLS# 1762746 talks about the situations when buying the ugliest house on the block have paid off big time. Later, he discusses the pros and cons of buying the nicest house in a "bad" neighborhood. 

The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

Equal Housing Opportunity.

Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

We don't know about you, but the thought of sitting in a big new house without furniture or a completed yard sounds like a pretty bad situation. That is why when preparing to buy a house it's super important to account for all expenses. We're talking everything - beyond the downpayment and closing costs. You do not want to be "house poor" after purchasing your first home. Keep in mind that, yes, while the idea of buying your dream home might cloud your judgment, you'll still have an entire life to finance even after the sale is finalized. 

In this episode mortgage expert Ivan Simental NMLS# 1762746 explains the meaning of "house poor" and teaches you how to properly prepare so that you don't find yourself in such an unfortunate, but totally preventable situation. 

The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

Equal Housing Opportunity.

Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

If you're looking to invest in real estate it's important to know which cities offer the most potential and return on your investment. 

In this episode, Ivan Simental NMLS# 1762746 discusses the top 5 cities to invest in real estate. 

The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

Equal Housing Opportunity.

Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

Most home sellers and buyers wait until the warmer months to either list their homes or start house-hunting. With the changing housing market, maybe you don't want to wait that long. There are definite pros to entering the housing market in the Winter and over the holidays. 

In this episode, mortgage expert Ivan Simental NMLS# 1762746 goes over the benefits and disadvantages you might face while listing or shopping for a new home during the holiday season. 

The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

Equal Housing Opportunity.

Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

Buying a brand new, expensive, dream-home sounds amazing- in theory. However, in the long run, paying a mortgage on the home at the top of your budget is probably not the best decision. This doesn't mean you could never own your dream home, it just means that there is a more sound strategy to get you into that home over time. 

In this episode, mortgage expert Ivan Simental NMLS# 1762746 discusses the reason why you should probably pass on the home that will max out your budget and what to do instead. 

The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

Equal Housing Opportunity.

Learn more about home buying, refinancing, and real estate investing at themortgagereports.com

There are a lot of headlines in the news about mortgage interest rates. Some of these headlines are confusing while others are downright scary. It's important for you, as a current or future home buyer, to properly understand how to track and understand interest rates. 

In this episode, mortgage expert Shivani Peterson NMLS# 866955 talks about some of the current headlines that may be misleading, and how you can track mortgage rates like a pro. 

Mortgage rates don't have to be scary, there are lots to learn - if you have the right tools! 

The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

Equal Housing Opportunity.

Learn more about home buying, refinancing, and real estate investing at themortgagereports.com