My goal with this channel is to provide quality content in regards to mortgage/real estate/personal finance. Through personal experience and my work with thousands of clients, I feel like I can deliver good advice and aim to do it in a way that is easy to understand. My current goal is 3 videos per week on a variety of topics pertaining to real estate and finance. As I see things that spark my interest or get ideas from client questions I will tailor the videos to answer and clarify. Cheers! Visit my website to get started: co.umortgage.com/3s4dsHI (NMLS #1088993)
I had 2 different Mortgage lenders give me different escrow property tax rates, 1st lender- $55 for just 2 months 2nd lender - $101 for 11 months why is there a drastic change in the monthly required from one lender to the other? Is this even okay? Isn’t like 2 months required for cushion? This is for a conventional loan @ 5% down
This is from the summer of 2022, I plan to post all past episodes on this channel… starting with this episode (#1) and posting one every Sunday until we are caught up… hope you enjoy!
📣 Connect with the MTMG team NATIONWIDE! Start here: 👨💼 greatmortgagebroker.com 🤝Click here to CONNECT to a GREAT AGENT in your area: homeandmoney.com/matt/
You're literally lying because when my grandparents mortgage was switched from Wells Fargo to Mr Cooper not only did the terms of the mortgage change because all of a sudden Mr Cooper did not want to receive automatic payments but also the payment went up from $435 a month to like 478
If a mortgage goes up it’s not the servicer. Insurance or taxes changed and would have increased mortgage regardless of who is servicing loan. Mr Cooper is the largest servicer in the nation, pretty sure they’ve taken automatic payments for decades. Thanks for watching!
@@MattTheMortgageGuy I understand what you're saying but right now this is what I'm going through with my grandparents and I'm not sure if this is everybody experience me and my grandparents are going through
@@user-ou3nv8zb3d if you are currently going through it I promise they’ll take automated payments - and if fixed rate loan the only time payment changes is with taxes & ins. Likely insurance since we’re seeing increases nationwide.
@@mike125520002000 No. Your taxes and insurance would be higher. Mortgage aka principal and interest remain the same. I understand your point but it’s incorrect.
📣 Connect with the MTMG team NATIONWIDE! Start here: 👨💼 greatmortgagebroker.com 🤝Click here to CONNECT to a GREAT AGENT in your area: homeandmoney.com/matt/
Matt, Kings had their championship hope shut close when they bypassed Luka and drafted Marvin Bagley . Have you wait another 2 decades to have another shot
When you get your license you need to hang it with a company no? Similar to a real estate agents license - since MTMG isn’t hiring, how does a freshly licensed person determine where he must hang his license?
I’d highly recommend a local person you like and trust that’ll provide training/mentorship and possibly leads. The more reps you get the better, regardless of pay. I’d recommend becoming an assistant to learn the business
If these equity share companies calm down with the equity percentage gouging and undervaluation of the property, it would be an excellent solution! Otherwise, people with bad credit and plenty of home equity don’t have any other options. Frustrating
Great wisdom. When we bought our rental property, we were just below breaking even. But the tax benefit was great. Now it is a source of passive income for us.
Mom and pop owners with a house or two aren’t the problem. To be honest the biggest issue is regulation and cost around building. We could build plenty to go around if states and counties didn’t over regulate and over tax the cost to build.
I'd love to assume an FHA or VA loan for a cheaper interest rate, but it means putting $200-300k into a place by me to assume it. Would Freddie work with any loan type for this? With that much money locked up I'd want a way to access it for other uses without refinancing
So basically, the CA Tax Payers are footing the bill so someone else who otherwise could not qualify for a home on their own without the subsidy's suddenly now has a new home. We're seeing this with Student Loan Forgiveness, and the US is going deeper into debt. Good job, CA!! 👍
What a great conversation. Have this guy be a regular sidekick... Imagine the kind of communication that's going to be needed after this ridiculous NAR settlement takes effect. You'll have to contact an agent just to know what the commission is. This lawsuit smelled fishy from the start. It was definitely a top-down, authoritative money grab that was decided in weeks rather than months or years. No one dared to challenge it, even though it could have been an easy win. All NAR had to do was petition all its agents to sign and have their clients vouch for no wrongdoing. Imagine, no one could have made this nonsense law with all those opposing it. NAR and Keller Williams threw in the towel so fast and easily, bowing down to the Ketchmark thief. It was so embarrassing and such a disgrace to have representatives who aren't even willing to fight for their rights. The system has made compliant wimps out of all of us, gearing us up to accept any authoritative false rule they impose in the name of buyer protection. They're literally suppressing sellers' constitutional rights to advertise compensation to sell their homes. What a backward move to remove transparency from the real estate market. Ketchmark and the judge who ruled on this should both be jailed. Ketchmark literally stole the opportunity for millions of Americans to become homeowners. Both sellers and buyers, especially VA buyers, will be affected. I urge you Matt to stand your ground and expose these fraudulent thieves.
📣 Connect with the MTMG team NATIONWIDE! Start here: 👨💼 greatmortgagebroker.com 🤝Click here to CONNECT to a GREAT AGENT in your area: homeandmoney.com/matt/
95% of these nut women will accuse father of sexual molestation. She has already hinted around about this to her friends and family...so when the cops arrest him...the friends say "it must be true" also dad is locked up which steals time away from him. document multiple times where she allowed you to take the child somewhere by yourself, then you can say "if she was telling the truth, she would not have been ok with me being alone with my child." Get this documented proof at the beginning....before she accuses you. Be proactive before any accusations even if you think your wife would never do this....over 95% of them will do this.
I was curious about HomeTap for my roof, AC and water heater that all need to be done now. I was hoping not to dip into my cash yet since I have equity too, but watching videos on it to see if they screw you when it comes to liens or the money you end up owing them I am semi retired and living off money I already have so trying to be creative .. thinking maybe put it on O% no interest for 18 months and use cash from my interest earnings towards the minimums the credit cards want that count towards the principal and fees.. Not sure what else to do .. since I have no job can't go for a loan or equity line either
Hi matt I'm trying to contact you through the phone number you leave in the video but it dosen't work..I'll go to Arizona this coming Monday ( tour houses ) and have a few questions
Hi! What if I want to refinance? Can I still go through the original mortgage lender (especially since I have an automatic refinance certificate through them)?
You can refinance with whoever you’d like. If you feel like running it by me I’ll look at terms for you. Http://greatmortgagebroker.com or matt@mtmg.com
I don't understand why flippers want to throw granite countertops on crappy cabinets. While you're ripping everything out of this nearly condemned house, why don't you actually fix everything behind the walls?
I've just begun to watch this and really wanted to hear what he was saying about which direction the home value went on Zillow once the house was listed. Unfortunately, the woman kept interrupting so much that so far he hasn't been able to give that information which is most interesting. Will watch a little more to see if he gets another chance.
I find them quite spot on, actually. Which is surprising. I just sold my house (privately, without a listing) - according to zillow it was valued at just over what I accepted - which was comp'ed by a realtor and approved by an appraiser. I've owned it for 30 years so no way they could go by past sold price. I found it quite amazing - considering the values in my town have been stagnate for decades - and only recently caught up to the real world in the past 3 years.
@@MattTheMortgageGuy Thanks Matt, I will send it to you, pulte mortage is giving some discount points but the sales officer is messing a lot with numbers ... so redoing that ...
I actually asked this question regarding mortgages on a velocity banking video on another channel and got nadda. If you have a 6 month emergency fund (and even a credit card), paying extra on the principle makes so much more sense to me. We used velocity banking method to pay off credit card debt, and it worked great. But using a HELOC to pay off a mortgage just seems like a lot of extra steps.
