Buying Florida

what lender does what when locking in a rate are they lower if you float when can you lock in is there a difference between a purchase and a refinance https://www.ddamortgage.com/blog Support the show

are credit scores going up more reserves needed extra work to do on the file verification of employment needed at closing as well as a verbal what is happening https://www.ddamortgage.com/blo https://youtu.be/uY_RpHEJt80 g Support the show

What is happening to the loan process   Present pipeline New loans on purchases Status on refinances How has the changes affecteTitle/appraisals/home inspectors/insurance/underwriters/processors Who left the industry so far Status of what is to come in clearwater, largo, palm harbor  https://www.ddamortgage.com/what-is-all-going-on-with-the-mortgage-transaction-and-who-left-the-industry Support th...

is there ramifications for not making a mortgage payment is there a 90 day pass? what happens to the loss in payment how does it affect you how does it affect the lenders who pays for it how will it affect you to refinance www.ddamortgage.com/blog Support the show

  Refinancing is the right time   Rates went down , shot up and now what What can you do with the situation going on with the virus   What is the purpose of refinancing What can you get from a refinance Tap the equity on your  home  please visit my website www.ddamortgage.com/blog   Support the show

What is going on with Mortgage rates?   What just recently happened with rates going down and then up Fed cuts rates , what happens to our rates Where are we headed for the remaining 2020 What is going on today For more helpful tips please see my blog  www.ddamortgage.com/blog Support the show

No closing cost loan   What does that mean? What is sometimes deceptive on the no closing cost loan How does it work Is it really free What is a better plan of attack on a no closing cost loan You can also watch our video blog at www.ddamortgage.com/blog   Support the show

How can you save money on getting a mortgage   Appraisal Survey Owners title Shopping insurance Day of the month that you close Origination     Support the show

getting rid of pmi is based on new appraisal or the original  does it make sense to refinance how do you determine value - thru zillow? tune and learn Support the show

Shortage of escrows   Taxes are low from the previous owner Next year you get a letter from the lender   Shortage – who pays and what happens Now there is a new payment and still a shortage  What happens How do you prepare    recommendations Support the show

   The closing – 3part of the 3 series pack   What happens from underwriting to closing with the lender Then what happens to closing to title !. soft pull 2. verbal phone calls   Title company getting figures and what happens next   Then time to wire funds and what happens next Support the show

So, what is the first step to getting a mortgage in Florida? Watch the video to learn more. Support the show

The loan application is taken, you signed your docs and uploaded your docs, what is next in the loan process? Learn more about what happens behind the scenes to get your loan approved. Support the show

Should you lock in your mortgage rate or float it? Covering insurance shopping as well.   Is it wise to float your rate? What are the risks involved What strategies can you do in the future to improve on your rate Shopping insurance – what do I do and what do I need to know Property taxes – portability? What - homestead Learn more and watch videos at www.ddamortgage.com Support the show

In this episode of Investor Loans I cover: Low credit scores – 500 mid scores 1 day out of bk or foreclosure Foreign nationals What types of properties Close in an LLC and a trust Unlimited seller contributions No reserves Property flips okay Support the show

This episode covers:  Why would you refinance Will it be a rate term refinance Will it be a cash out refinance How do you consider it when you have a first and second mortgage Does it make sense to refinance a loan when you already have a low rate Should you go back to a 30 year fixed, 15 10 or ? Paying closing costs or not – you here about that Getting a credit at closing Do you have escrows or n...

Covered in this week's episode: Purchasing a home with just a bank statement on a owner occupied Purchasing a home with just a profit and loss on a owner occupied Purchasing an investment property with just rental income No doc loans on investment properties The increase in loan amounts for Florida Fha Conventional Va Fha203k What is the rates going to be like in 2020 – find out my prediction...

Does it make sense to close in December or wait until January? That's an important question to consider. What are the seller paying for property taxes now? Does it benefit you to close now or later? What not to do with the seller If closing in January. Also discussing Portability. Get more info at www.ddamortgage.com Support the show

Covered in this episode: Limited Review - what does that mean and at what loan to value & why go to a limited review Full Doc Review - what is entailed and what do you need to know before spending money What type of financing are on condos and what should you know, re: VA FHA Conventional The cost of a condo form that needs to be completed on a full review - what can you expect Support the sho...

The changes and updates you should know about in the mortgage industry 1.Loan amounts have increased in Florida for 510,400 What does that mean in terms of higher purchase price With homes prices going up how does that help 2.FHA 203k - increasing the streamline from 35,0000 to 50,000 3. What is going on with the 3% down programs 4. Bad credit - what are your options? Support the show

1. Shopping rates and your bank gives you a rate that is incredible Did they get a CD Did they deliver on what was quoted Were you able to speak to them during the process Did you get what you were told? Did you understand it Time to go to closing, did you make it on time? What lessons to learn from that 2. The vibe! Do you have it have you been referred by someone such as a realtor, banker, cowor...

Didier and David discuss: What type of financing Ordering a home inspection Ordering appraisal Ordering title Ordering insurance Ordering survey Ordering pest inspection Doing a walk thru Wiring funds Support the show

Not sure what goes into buying property? Support the show

Todays episode covers these important topics: I Buy and Big Tech Buyers Mortgage Rates and Refinancing Dunedin, Florida area Support the show

This episode welcomes a guest co-host, Florida Realtor, David Zusman and covered in this episode is: Buyers Hesitations - Concerns of a Recession Flipping a Property Is it a Good Time to Purchase a Home Recommendations for Buyers When it Comes to Offers The Importance of a Pre-Approval Letter What's Happening in the Month of October - Inventory Support the show