The Mortgage Reports Podcast

As inflation continues, Americans are turning to their credit cards to survive. If you already own a home and are looking to pay down your credit card debt, a HELOC might be an option for you. If you are looking to buy a home or own a home, here's what you need to know about your credit card debt and how it impacts your home loan applications and chances to buy a property.  Shivani Peterson d...

How much do mortgage rates really matter in the grand scheme of things? Yes, mortgage rates have risen and may continue to rise. However, mortgage rates never stay the same, they will always change. Furthermore, the housing market is constantly transitioning. There's a lot more to think about when buying a home than the rate of your current mortgage.  In this episode, mortgage expert Arjun Dh...

Everyone, especially homeowners and potential buyers are wondering if the housing market will crash in 2023? In this episode mortgage expert  Arjun Dhingra NMLS# 1166050 explains what would cause the housing market to crash and why it's probably unlikely to happen soon.  The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791 Equal Housing Opportunity. Learn more about hom...

If you want to buy a home, but are on the fence due to the looming recession you might be asking yourself - should I continue to rent during the recession or should I buy a home instead? What makes the best sense for you?  In this episode, mortgage expert Ivan Simental NMLS# 1762746 discusses the pros and cons of renting vs. owning a home during a recession. He'll help you decide what is the...

If you're thinking about buying a house, you might be wondering about what happens if you want to sell your future home, but still, owe a mortgage. In this episode mortgage expert, Ivan Simental NMLS# 1762746 discusses this scenario.  The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791 Equal Housing Opportunity. Learn more about home buying, refinancing, and real estat...

If you are thinking about selling your house you might be worried about the looming recession. If you're thinking about selling your house right now, you probably have a lot of questions about what will happen to your home value during a recession, and what will happen to rates...should you sell now, or wait? In this episode, mortgage expert Ivan Simental NMLS# 1762746 discusses everything yo...

In this episode mortgage expert, Shivani Peterson NMLS# 866955 presents the economic forecast for the housing market throughout the end of 2022 and into 2023. She discusses what home buyers can expect regarding:  Recession Inflation Interest Rates The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791 Equal Housing Opportunity.

At what point in the home-buying process should you shop around for rates? How do you even go about shopping for mortgage interest rates? In this episode, mortgage expert Ivan Simental NMLS# 1762746 gives his best professional advice for shopping for a mortgage, comparing interest rates and even choosing the best lender for you. Learn more about home buying, refinancing, and real estate investing...

If you have equity in your home you've probably heard of home equity lines of credit. So, what is a HELOC? How does a HELOC work? Should you use a HELOC?  In this episode, mortgage expert Ivan Simental NMLS# 1762746 breaks down the HELOC option and helps you decide if you should tap into your home equity with a HELOC.  The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 101979...

Real estate contingencies - what does that even mean? How are contingencies changing in today's housing market? What contingencies do mortgage loan officers recommend be included and never removed before buying and which ones should you waive? In this episode, mortgage expert Ivan Simental NMLS# 1762746 answers these questions and many more about real estate contingencies. Learn more about ho...

The housing market is correcting. Interest rates are rising. We are in a buyer's market. Home prices are dropping. But, could all this change lead to a housing meltdown or financial crash like what happened during the Great Recession of 2008? In this episode mortgage expert, Ivan Simental NMLS# 1762746, discusses the current market, compares it to the housing market of 2008, and shares his pr...

What are your options if you lock a mortgage and then rates fall? Unfortunately, you can't just unlock your rate and get the lower rate. However, there are various options to take to get a lower rate.  In this episode mortgage expert, Ivan Simental NMLS# 1762746, discusses the steps to take if you lock a mortgage in a higher interest rate market and what to do once they drop.  The Mortgage Re...

The housing market has recently shifted into a buyer's market. This could put some home buyers in a prime position to get the best deals on their mortgages.  What does the shift mean for home buyers and sellers? Will home prices be lower? Are houses on the market longer? Is it easier to negotiate prices and concessions?  In this episode mortgage expert, Ivan Simental NMLS# 1762746, discusses...

With rising interest rates in today's market, it might take first-time home buyers a bit more financial planning to prepare to get approved for a mortgage.  In this episode, mortgage expert Ivan Simental NMLS# 1762746 discusses ten tips to take before you purchase a home in a higher interest-rate market.  The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791 Equal Housin...

Some first-time home buyers use their 401K to help with the fees associated with buying a house - such as down payments and closing costs. Is this the right choice? How do you access your 401K funds? Do you have to pay back the 401K loan? In this episode, Ivan Simental NMLS# 1762746, discusses how to use your 401K to help buy your first home - from borrowing from your 401K to withdrawing your 401K...

Shopping for a mortgage takes some time, but it’s worth it in the long run. In this episode, mortgage expert Shivani Peterson NMLS# 866955 discusses why choosing the right mortgage lender for your circumstances is one of the most important steps in the home-buying process. She details a plan for shopping for and ultimately choosing the right mortgage lender for you.  The Mortgage Reports Podcast i...

In today's market, home buyers have some freedom to negotiate. It's easy to jump to simply negotiating a lesser price for the home, but there are other ways to negotiate that can save you money in the long run. In this episode, Mortgage expert Shivani Peterson NMLS# 866955, discusses negotiation tactics for home buyers and seller buy down vs. price reductions.  She also answers the follo...

If you're over 30 and thinking about starting the home-buying process, this episode is for you! Mortgage expert, Ivan Simental NMLS# 1762746 waited until he was 33 to buy his first house. In this episode, he discusses the exact steps he took to buy his first home.  The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791 Equal Housing Opportunity. Learn more about home buyi...

The housing market has changed a lot this year and has introduced some challenges to those who are looking to buy a home in 2022. However, there are still plenty of reasons why 2022 is a great year to buy a home.  In this episode, mortgage expert Ivan Simental NMLS# 1762746, shares the top 3 reasons to buy a house this year.  The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019...

If you're hoping to learn how to save money on your first home, get the most bang for your buck, and have the best home-buying process possible, this episode is for you! Mortgage expert, Ivan Simental NMLS# 1762746 reveals little-known home buying tips for first-time home buyers. Learn more about home buying, refinancing, and real estate investing at themortgagereports.com The Mortgage Report...

With the cooling housing market, buying a home in 2022 and beyond could become a lot easier for first-time home buyers, and here's why.  In this episode, Ivan Simental NMLS# 1762746 explains why right now is a great time to buy. He dives into the current market, credit scores, and down payment assistance programs that are back this year.  The Mortgage Reports Podcast is operated by Full Beake...

The housing market of the past 2 years was NOT normal or healthy. Housing was the hottest sector in the economy during the past two years. This was an artificial housing market that was being kept low on purpose to keep the economy going.  Now we are entering a more "normal" market, and the news is full of fearful headlines. In this episode mortgage expert Arjun Dhingra NMLS# 1166050 get...

Most first-time home buyers are concerned with having enough down payment funds, but that's only part of the total cost of homeownership. In this episode mortgage expert, Shivani Peterson NMLS# 866955, breaks down all the expenses you need to be prepared for when buying a house such as closing costs and other fees. Later, Shivani shares great strategies to save and be prepared for these costs...

If you already own a home, buying a new home might not be the right move for everyone right now. For those who are looking to add some upgrades to their current home, a home equity line of credit (HELOC) might be a good option.  In this episode mortgage expert, Shivani Peterson NMLS# 866955 explains how you can tap into the equity in your current home to make it more enjoyable.  She also discusses...

These home buyers are feeling relief in the current volatile housing market. In late 2022, rates are higher, inventory is still low and some home buyers have been priced out of the market. With all of these changes, some home buyers who were struggling with purchasing a home last year due to high housing prices and multiple offers on a single home are now able to secure homes.  In this episode mor...