Mortgage Matters

Roland and Heidi discuss upcoming homeownership education classes and address listener questions. They highlight the importance of down payment assistance (DPA) programs, debunking myths like the need for a 20% down payment. Upcoming classes include an online DPA session on February 8 and an in-person Nevada Housing class on February 10. They also address strategies for helping adult children buy...

Roland and Heidi discuss the upcoming HUD-certified home ownership workshop on February 1, 2025, at CPLC from 8:30am to 3pm. They address Quincy's question about whether to buy a home now or wait for lower interest rates, emphasizing that while rates are higher, home prices may also be lower compared to 2023. They debunk mortgage myths, such as the need for a 20% down payment, and explain the impo...

Roland and Heidi highlight upcoming homebuyer opportunities, including an online class with the Nevada Housing Division on Thursday, January 23, from 4-5 pm, and the Path to Homeownership Workshop on Saturday, February 1, from 8:30 am to 3 pm with CPLC. They discuss the advantages of using your 401(k) as an asset to help with down payment or closing costs and answer listener Cynthia’s Question of...

Roland and Heidi discuss strategies for self-employed individuals like truck drivers to qualify for home loans, emphasizing the use of tax returns and potential bank statement loans. They introduce Kevin Hickey from Nevada Rural Housing, highlighting his role and the agency's programs. Nevada Rural Housing offers down payment assistance up to 3% and a 6.17% interest rate through the Launch Pad pro...

Roland and Heidi discussed upcoming homeownership workshops and classes. The first Path to Home Ownership workshop of 2025 was held on January 1, with the next scheduled for February 1. Additional classes include a session on down payment assistance programs on January 13 and an online class on January 23. They emphasized the importance of HUD counselors and down payment assistance, which can help...

In the final episode of 2024, Roland and Heidi discuss strategies for financial planning in the upcoming year. They highlight upcoming workshops, including a Path to Home Ownership workshop on January 4th and a Down Payment Assistance class on January 13th. They emphasize the importance of building generational wealth through home ownership and the benefits of starting an emergency fund. They also...

Roland and Heidi discuss upcoming homebuyer education classes, including a workshop on January 4 and a class on January 13 at the Whitney Library, which will cover down payment assistance programs. They introduce Rhonda Tolbert and Janette Zambrano from Nevada Clean Energy Fund, who explain their programs to help homeowners with energy efficiency and solar installations. The fund offers budget-bas...

Roland and Heidi discussed the success of their December Path to Home Ownership workshop, which saw a full room and provided attendees with home buyer education certificates. Upcoming workshops are scheduled for January 4 and January 13. They highlighted the Clark County School District's Title 1 Homeless Outreach Program, which supports 13,000 homeless students. The hosts emphasized the importanc...

Heidi discusses VA loans, highlighting their benefits for veterans, including zero down payment, no mortgage insurance, and competitive interest rates.  Myths about VA loans, such as complexity and higher fees for sellers, are debunked. Heidi also explains mortgage insurance for conventional and FHA loans, contrasting it with VA loans. Additionally, she provides tips on setting financial goals for...

Heidi discusses the importance of planning for homeownership in 2025. She highlights down payment assistance programs like Nevada Housing Division and Nevada Rural Housing, which can help cover costs. Griffith emphasizes the need for a solid budget, financial discipline, and understanding credit scores. She advises against overspending during the holidays to avoid debt that could impact mortgage q...

Roland and Heidi discuss the benefits of home ownership versus renting in Las Vegas, highlighting a 40% increase in average rent from $1,190 in 2019 to nearly $2,100 today. They emphasize the financial advantages of home ownership, such as building equity and wealth, with homeowners' net worth being nearly 40 times that of renters. They also address common fears about buying, such as market uncert...

Roland and Heidi discuss their mission to help clients achieve home ownership and financial stability. They emphasize the importance of education and financial literacy in navigating the home buying process. They highlight tools like seller credits, which can significantly reduce upfront costs, and down payment assistance programs that make homeownership more accessible. The advisors also stress t...

Roland and Heidi discuss upcoming down payment assistance classes with the Nevada Housing Division (Friday 11/15/24) and Nevada Rural Housing (Monday, 11/18/24). Both classes take place from 11am-noon, and lunch is provided. The show emphasizes the importance of understanding WHY one wants to buy a home. They advise potential buyers to consider their long-term goals, budget, and the additional cos...

Roland and Heidi discuss the importance of credit scores. They highlight upcoming classes on down payment assistance, including one on November 15 and another on November 18, both offering home buyer education certificates. They emphasize the need to check annual credit reports from Experian, Equifax, and TransUnion and monitor credit scores using services like Experian.com. They explain the signi...

Roland and Heidi discuss the importance of voting and announce an upcoming homebuyer education class on November 2nd, in collaboration with CPLC. The class, from 8:30 am to 3:00 pm, covers home ownership, budgeting, and credit, and includes a raffle for UNLV football tickets. They emphasize the difference between pre-qualification and pre-approval, highlighting that pre-approval involves thorough...

Roland and Heidi discuss upcoming events and classes on down payment assistance and homeownership education. They introduce Will Pregmen and Rhonda Tolbert from the Nevada Clean Energy Fund, which helps Nevadans save on energy costs and improve home efficiency. The fund offers loans for energy upgrades, including air conditioning, plumbing, solar, and weatherization. They also announced a new ener...

Property taxes, escrow shortages, tax caps, assessed value, and new construction - a lot of Las Vegas Valley homeowners don’t think about these things until something changes with their payment. In this conversation, Heidi Griffith and Roland Daniels sit down with Clark County Assessor Briana Johnson to break down how property taxes actually work in Nevada, how homes are assessed, and why understa...

Roland and Heidi discuss upcoming classes on down payment assistance and introduce Kevin Hickey from Nevada Rural Housing. Kevin explains the Launchpad 1.0 program, which offers 4% down payment assistance with a 6.17% interest rate and a five-year silent second. The program has $7 million remaining out of an initial $25 million. He also details the Home at Last program, which provides up to 4% ass...

Roland and Heidi highlighted an upcoming health and housing fair on October 5, offering free health screenings, housing information, and early voting registration. They also discussed down payment assistance programs with minimum FICO scores as low as 600, noting higher interest rates for lower scores. Kevin Hickey from the Nevada Rural Housing Authority will join the show next week to discuss dow...

Roland and Heidi discuss the recent 0.5% interest rate cut by the Fed and its impact on mortgage rates, which saw a slight increase. They explain that mortgage rates are tied to Treasury yields and economic conditions, not directly to the Fed's rate. They highlight the "Home is Possible" program for Nevada teachers, offering $7,500 in down payment assistance. They also emphasize the importance of...

Roland and Heidi discuss the upcoming Health and Housing Fair on October 5, highlighting its activities, including free vaccines and housing resources. They focus on reverse mortgages, explaining that they are for homeowners aged 62 or older and allow borrowers to convert home equity into cash without monthly payments. They emphasize the importance of property tax payments to avoid foreclosure. Th...

In this episode of "Mortgage Matters," Roland and Heidi dive into the concept of generational wealth and how homeownership can play a pivotal role in building it. They explore the benefits of real estate as a tool for creating lasting financial stability, discuss current real estate market trends, and address common questions about refinancing and reverse mortgages. Tune in for expert advice on le...

Join Roland and Heidi as they dive into the dynamic world of real estate and mortgages in Las Vegas. With over 30 years of combined experience, they share invaluable tips on building generational wealth through homeownership, discuss the current market trends, and offer practical advice for first-time buyers and seasoned investors alike. In this episode, they also highlight inspiring client succes...