EPISODE · Feb 2, 2023 · 6 MIN
Where is the Market Headed - A Look into the Crystal Ball with Donn Mann
from RealEstateAF Podcast · host Mark A Jones - Founder of ReviewMyMortgage.com
Send us Fan MailI have the opportunity to have a quick chat with the owner of Mann Mortgage LLC right before my grand opening of iTHINK MORTGAGE. Just a few important questions answered to give you great perspective in the Real Estate Market. Host :Mark JonesFounder of https://reviewmymortgage.com/President | iTHINK MORTGAGE | ithinkmortgage.comTop Producing Sr. Loan OfficerNMLS# 513437Get in Touch with Mark.Listen to Weekly Industry Topic Discussions on all podcast platforms by visiting this link https://www.keyfactorspodcast.com/Educational Podcast for Consumers, Mortgage & Real Estate Industry Professionals. We'll Talk About It All! Key Factors podcast, powered by https://ReviewMyMortgage.com Here are a Few Reason why someone would be denied for a mortgage. 8 Reasons Why Mortgage Loans Are Denied In Underwriting1. Your Credit Score Is Too Low2. Your Debt-To-Income Ratio (DTI) Is Too High3. The Loan-To-Value Ratio (LTV) Is Too High4. Your Employment Status Recently Changed5. You Have Unusual Bank Account Activity6. There Are Problems With The Property7. You Have A History Of Missed Mortgage Payments8. The Appraisal Is Too LowBONUS: Debt Awarded to Ex-Spouse (if stated in decree) can also be omit from the borrowers monthly liabilities, thus lowering the borrowers DTI. (A Divorce Decree is a Legal Binding Agreement)Mark Jones - NMLS 513437 | Founder of ReviewMyMortgage.comOnly for educational usage. All calculations should be verified independently. Reviewmymortgage.com is not a lender, does not issue loan qualifications, and does not extend credit of any kind. This is not an offer to lend and should not be used to make decisions on home offers, purchasing decisions, or loan selections. Not guaranteed to provide accurate results, imply lending terms, qualification amounts, nor real estate advice. For All Mortgage Lending Needs Please Visit iTHINKMortgage.comRead the full disclaimer here https://ithinkmortgage.com/disclaimer/#closingcosts #proofoffunds Fun Trivia #CreditScore #CreditEvents Credit Events: Public Filings, Today's #AverageRates, where to look #MortgageInsurance #PropertyRequirements #househacking #PropertyCondition #appraisals #LoanLimits #Income and #employment #Affordability - #Debt-to-income Max Purchase Price Calculator #Student Loans #ManualUnderwriting #SellerCredits, Special Requirements Features, #refinancing Success Rate & Seller PerceptionSupport the showKey Factors Podcast is Powered by LoanBot.com Host: Mark Jones | Sr. Loan Officer | NMLS# 513437 If you would like to work with Mark on your next home purchase or as a partner visit iThink Mortgage.
What this episode covers
Send us Fan Mail I have the opportunity to have a quick chat with the owner of Mann Mortgage LLC right before my grand opening of iTHINK MORTGAGE. Just a few important questions answered to give you great perspective in the Real Estate Market. Host : Mark Jones Founder of https://reviewmymortgage.com/ President | iTHINK MORTGAGE | ithinkmortgage.com Top Producing Sr. Loan Officer NMLS# 513437 Get in Touch with Mark. Listen to Weekly Industry Topic Discussions on all podcast platforms ...
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Where is the Market Headed - A Look into the Crystal Ball with Donn Mann
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