Loans Elevated

On this episode of The Loans Elevated Podcast, Broch summarises down payment assistance along with his strategies you can use to avoid the costs and some other programmes you may not have known about that offer the same benefits. Broch educates you on some of the alternative options you can use to avoid legitimate down payment assistant programmes because nothing is free and these programmes come...

On this episode of The Loans Elevated Podcast, Broch speaks about paying up front costs to lower your mortgage payment – and why you shouldn’t! Broch shares some examples of these upfront sunken costs or fees as being discount fees to lower your rate and upfront mortgage insurance to eliminate that out of your monthly mortgage payments. Broch explains why these aren’t the best thing for you in the...

On this episode of the Loans Elevated Podcast, Broch talks about the cost of waiting and just how costly it can be.   Real estate should be viewed as a long term investment and it’s not something which the market can be timed on, despite rates being at a high right now. Broch runs us through his calculations which finds that a $600k purchase price, with 20% down would be $2650/month. Data from Apr...

On this episode of The Loans Elevated Podcast, Broch speaks about why a lower down payment is better. Broch explains how a lot of clients are under the impression that if they save up a lot of money and put it all down on a house it will help them save money, pay off their home faster and think it’s the best place for their money – which is incorrect. Broch states that putting less money down and...

On this episode of The Loans Elevated Podcast, Broch is joined by Landin Arnett for Part Two of The Mind of An Appraiser. Throughout this episode Landin simplifies the difference between an appraisal value and what you as a home owner thinks the value is. Broch and Landin discuss square footage adjustments and how there is a general dollar amount for above and below grade, but how this has changed...

On this episode of The Loans Elevated Podcast, Broch is joined by Landin Arnett. For Part One of Inside the Mind of an Appraiser! Landin is an appraiser and real estate investor based in Utah. Landin shares how he has been appraising in Utah for six years now and is married to a very successful and high producing agent so he has a broad range of knowledge that he is excited to share with you today...

On this episode of The Loans Elevated Podcast, Broch speaks about down payments and explains if they make a difference or not. This topic is truly at the root of what loans elevated is all about, creating wealth through real estate and understanding how to properly leverage. Broch states that there isn’t a perfectly linear answer to this question as every situation will have different circumstance...

On this episode of The Loans Elevated Podcast, Broch shares the top three Home Financing myths he regularly hears. Broch explains why these are myths and shares his best advice on how you can start your roadmap to becoming a home owner now. Broch states that the sooner you can become a home owner the better.  Send us Fan Mail 🎙 Loans Elevated Podcast Clear, strategic conversations on mortgages, re...

On this episode of The Loans Elevated Podcast, Broch discusses if recession is looming. Broch states that economist can’t agree if recession is looming or not but what we are seeing blow up in the news is that 10 year treasury bonds and 2 year treasury bonds have inverted. This means that short term loans are now paying better returns than long term investments. Broch states that since the 60’s ev...

On this episode of The Loans Elevated Podcast, Broch discusses adjustable rate mortgages. Broch debunks some common misunderstandings about adjustable rate mortgages and shares how you can actually use them to strategically ensure that you’re not exposing yourself to more risk, despite them seeming more risky in the beginning, if you just plan for the future and set goals. Broch speaks about how a...

On this episode of The Loans Elevated Podcast, Broch is joined by his first guest Jacob Graff! Jacob is a long-term past client and current team member of Broch. Throughout this episode Jacob shares his success story from working with Broch and how Broch was able to completely elevate his life by being a great friend and holistic mortgage strategist.   Jacob speaks about how until meeting and work...

On this episode of The Loans Elevated Podcast, Broch speaks about house hacking! Before sharing his best house hacking tips that will allow you to amplify your wealth through home owner ship and simple strategies, Broch encourages you to leave some feedback about the podcast! Broch encourages you to let him know on Instagram if you have found the content so far valuable. Broch’s first house hackin...

On this episode of the Loans Elevated Podcast Broch speaks about Eliminating PMI. Can you get rid of your mortgage insurance?... In some cases yes. Broch takes us through the possible options for doing this. Broch states that most of the FHA loans can be eliminated within 11 years but there are some exceptions. Broch speaks about how it used to make sense to re-finance in order to get rid of PMI b...

On this episode of The Loans Elevated Podcast, Broch debates if buying is more risky than renting. Broch designed this podcast with the aim of helping others create more wealth through home ownership by empowering others with information, addressing common myths and debunking anything that is holding people back from home ownership.  A huge bonus to buying instead of renting is that you can genera...

On this episode of The Loans Elevated Podcast, Broch shares information about FEB funds rates and mortgage rates – and what they actually mean. Broch encourages you to seek advice and speak to a mortgage professional instead of listening to mainstream media and their emotion targeted headlines. Broch states that the media is guilty of instilling whatever is going to drive the most emotional reacti...

On this episode of the Loans Elevated podcast, Broch brings us through why interest rates don’t always matter on a mortgage, and shares with us how sever clients refinanced and their interest rates went up.  Broch talks about how one of his clients took a refinancing with a 1.25% higher interest rate than their current mortgage and a bump to $750/month repayments. But because their equity had incr...

On this episode of the Loans Elevated Podcast, your host Broch takes you through extended rate locks and why you should pay attention to them. An extended rate lock is when you can lock in your mortgage rate for a specified amount of time, like 6 months or a year for example, which guards you against rates which continue to climb. Broch gives us an example of a 6 month rate lock, which costs you 1...

"I have a passion for helping people create wealth through home ownership." Get to know your host Broch Lassig. Broch has won countless awards within his mortgage company, and is currently in the top 1% of Loan Officers nationwide. But he wasn't always there. Here a little bit about his story of who Broch is and why he got into the mortgage industry. Our theme music is a selection o...