8. Back to Basics: Lending 101

Mortgage  lending has been fluctuating greatly during this COVID pandemic. Interest rates always tend to do this in a time of crisis but what does that actually mean for the consumer. In this episode we break down what a lender actually does for a home-owner and an investor. Also, how you can use debt to benefit your investments. Whether you prefer hard money or a traditional bank, as well as understanding which type of bank to choose. We also talk about qualifying for a loan and what credit items are important to lenders during the approval process. All items are not weighted equally. The goal of this episode is for you to be knowledgeable about choosing the best lending option for your next real estate investment. And if you do not know your credit position, find out your purchasing power!  Enjoy this back to basics series episode 8!  And Still Stay Home! - Kimberly Harris - Content Creator -Eboney Jones - Content Creator - Courtney Harrington - Content Creator - LaShannon White  - Special Guest - Athenzmedia - Editor - Trac_Muzik  - Music Producer