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Jul 20, 2018

Home Loan 101

from Nailing It - Wonderland Homes Hosted by Garrett Boyd and Mike Davidson

This week we sit down with our loan expert, Laura Morrissey, to talk about mortgages and what you need to know before taking out a home loan. How to apply for a loan: 1) Finding the best lender – pros/cons 2) All online – easy 3) What items will be required? 4) How to compare rates/lenders 5) Down payment & closing costs – what should you be saving 6) Why not to overstress Myths about applying for a mortgage: 1) Affects your credit report every time? 2) Rates are locked on day one Tips - things not to do while building a home: 1) Applying for new credit 2) Big purchases 3) Job/life changes Stories about interesting situations: 1) Being in the marijuana business and getting a loan 2) Other crazy stories from Laura’s career Question of the week: What do you want to know about mortgages? Laura's Website: http://www.lauramorrissey.com/

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