MLO | Mortgage & Real Estate Podcast

Breaking down the details of work history - self employed, W2, job changes, etc. - and how they impact a loan approval.Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2024 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

How to avoid getting blindsided in the home buying process.Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2024 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

Media adds to the confusion with their highlights, low lights and interpretations. The big news. What you need to know and what you should probably forgot.Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2024 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

Job Report DataInflation FiguresElection PeriodAll Time Credit Card DebtManaging your BudgetAddison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2024 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

Good - Bad - UglyWhat is a contingent offer?What are my alternative options?Milestones to be aware of that could save you thousands?Bonus: 5 maintenance tips to save you money when you sell.Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2024 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

- Impacts of credit and how to manage- Small steps toward better financial healthAddison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2024 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

- Is the data completely manipulated?- What to expect moving forward- Wait or take action?Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2024 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

New Program allowing kids to buy homes for their parents!? Highest Credit Scores we have ever seen….but there’s bad newsNew Options for Bridge Loans and Re-Casting of your mortgage to reduce paymentsAddison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2024 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

What to expect post FED's meetingMost commonly asked questions this week:- Renovation Loans- Waiting or Buying Now- Refinancing and Credit Card Debt- Build Your Own Home???Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2024 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

When should we refinance?What should we monitor when it comes to your debt and credit?Positive Financial Mindset in 2024?Small changes add up to big impacts.Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2024 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

1. Volatile Interest Rate Environment. Ups and downs, also an election 2. Financial Awareness. Budgeting, credit scores, credit cards. Waiting to refinance.3. Finances and Lifestyle. Do you need a second job or a second look at your spending4. Should I wait or make the jump in 2024. Government loans, dependencies on seller credits for closing costs, zero down loans etc.Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2023 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

Special Guest: Craig BlackWhat is an appraisal?Major differences in FHA/VA/Conventional appraisalsSubject to repairs, things sellers can to to prevent needing repairsComps: how far back and what qualifies as a comparable sale?How many comps are required? Is this different for refi or purchase?What is your prediction for the future of appraisals? Will automation play a role? Will human appraisers still be used?Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2023 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

Special Guest Tyler Ross1.) Why do insurance costs continue to soar.2.) How insurance can terminate transactions and prevent you from buying a home.3.) Your personal insurance credit score?4.) Is it better to get a deal or pay full premium. Tips and tricks from TylerAddison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2023 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

Special Guest Jennifer Blankl 1. How does money impact our emotions, mindset and relationships 2. Different Perspectives and different Human Needs 3. Resentment playing a role in how we spend our money 4. Rich vs. Poor 5. Culture in this Country & Family Dynamics Link for Jenn’s Human Needs Evaluation Quizhttps://jenniferblankl.com Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2023 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

What is an overlay? Why do I get two different answers from two different companies?Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterScott KuraharaMortgage Loan OriginatorNMLS 888734New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/scottkuraharaNew American Funding NMLS #6606© 2023 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

The 2024 new conventional loan limits are now accessible in October of 2023. What you need to know from the fine print.Jumbo vs Conventional LoanGuidelines and qualifications. The breakdowns of buying a very expensive house and how to qualify for it.Setting a budget to have the least amount of competition when buying a home.Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2023 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

Below are the main topics Carp and Addy cover in today’s POD.Holiday BudgetingHolidays are around the corner. Thoughts on budgeting and how to use your money to make you money.Condos & HOAsWhat to know about condos and how HOAs work. Seems bad but could be a good thing.Bad Pre ApprovalsBreaking down the most common issues with people not getting pre approved or having a bad approval prior to buying a house.Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2023 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

Student Loans, back to paying. How this impacts the pre approval process when buying a homeHome equity lines of credit vs. Home equity loans. You options to potentially consolidate your debt using your home equity. Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettNew American Funding NMLS #6606© 2023 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

Part 1. Large percent of Listings are due to employers demanding people to be back in the office. Remote work approvals and the details that must be verified.Part 2. Real Estate Investors pull back. Can’t remember the last time I saw a successful flip.Addison NettMortgage Loan OriginatorNMLS 1542184New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterMortgage Loan OriginatorNMLS 1548123New American FundingWebsite/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenterNew American Funding NMLS #6606© 2023 New American Funding, LLC. All Rights ReservedNMLS Website:https://www.nmlsconsumeraccess.org/

Part 1. Differences in offer negotiating price and closing costs now compared to Hot markets.Part 2. Inspection periods: finally, fix it or get paidPart 3. Appraisals and the final re-negotiationPart 4. New Construction: bewareAddy NettNMLS 1542184Website/Contacthttps://www.newamericanfunding.com/mortgage-loans/addisonnettCasey CarpenterNMLS 1548123Website/Contacthttps://www.newamericanfunding.com/mortgage-loans/caseycarpenter