Difference Between PRIMARY Mortgage Market & SECONDARY Mortgage Market in Real Estate?

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What is the primary mortgage market? What is the secondary mortgage market? Is there a mortgage market guide? Here is the difference between primary mortgage markets and secondary mortgage markets.
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Primary vs Secondary Mortgage Market Article: www.carealtytraining.com/blog...
In this video, Robert Rico breaks down the primary mortgage market and secondary mortgage market and how they differ. When your client is purchasing their new home, they will need to know the difference and how it affects them.
The primary mortgage market is where a mortgage loan lender qualifies the homebuyer who is borrowing the money. Here, they determine whether or not the borrower is a qualified candidate for the mortgage loan. They will ask important questions to learn more about the potential borrower.
Lenders have a stockpile of funds they use to invest in borrowers. They make money by charging a percentage, also called "points," on the money borrowed. However, a lender can run out of money to loan to borrowers.
So, then what?
The secondary mortgage market is where mortgage loan lenders sell their loan notes to investors. These loan notes are the contracts that borrowers sign to solidify their loan agreement. Mortgage loan lenders can earn money by selling these contracts to large investors who will buy them.
When large investors buy up lender notes, they will receive the payments from the borrower. The loan lender will walk away with a lump sum of cash from their transaction to the investor. Therefore, loan lenders can continue to give money to future borrowers.
Chapters:
00:00 Introduction
00:45 Primary Mortgage Market
02:09 What is the Primary Mortgage Market?
06:21 Secondary Mortgage Market
09:08 What is the Secondary Mortgage Market?
10:27 Outroduction
#primarymortgagemarket #secondarymortgagemarket #mortgagemarket
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Опубликовано:

8 июл 2024

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Комментарии : 182

@justinhamilton6718 4 года назад

23 year old kid coming out of college getting prepared for my Real Estate Exam with no real knowledge about secondary market. Reading and having troubles grasping the concept for hours , clicked on this video and understood in 10min! Keep it it up Man! Subscribed w/o even checking the other vids out. Explained with such creativity and fun, you don’t find that often. Keep pumping content out like this!

@USRealtyTraining 4 года назад

We love this! Thanks for watching and subscribing! We're ecstatic that we were able to be an educational source for you in your real estate journey.

@dimitrygornomelikov3146 2 года назад

I agree. He did a great job. Now I gotta know how fennie maes make money!

@goddessgold9032 3 года назад

I love the analogy.. “They were back there playing pool” 😂😂

@USRealtyTraining 3 года назад

Glad you liked it, Goddess Gold! Always happy to help out. See you on another vid!

@Alphaomega-wc4tv 2 года назад

Robert, you are amazing. You break things down so nicely you'd turn a 10 year old into an Agent! I am glad i took your course.

@USRealtyTraining 2 года назад

Ha - thanks for the kind words. I appreciate it, Andre! Since you took our class, any chance you could leave it a review? It goes a long way for helping our school grow and more people will hear about our program. Here's the link if you're interested: www.carealtytraining.com/store-page/real-estate-school-porter-ranch-san-fernando-valley?location=keller-williams-north-valley-porter-ranch-ca If not, no worries. Happy this video and the classes helped you along the way.

@lisarobinson3521 Год назад

I legit pictured this whole scene in my mind and almost visualized it like the TV show Shark Tank, where someone was walking down the hall entering to a room to ask for something!! If someone doesn't understand after watching this then I swear English is not their native language because THIS was wonderful!! You're thee BEST!!!!

@cutzbychristian 10 месяцев назад

sound effect of door opening was so good lol

@USRealtyTraining 10 месяцев назад

lol glad you liked it.

@sv5479 2 года назад

Man the delivery in this was so capturing and funny, like you're sitting down with your Italian uncle from New York who's reformed from his 70s mafia upbringing and has a sweet spot when teaching his nieces/nephews about life. first time watching this guy and you got a subscriber! 😅

@USRealtyTraining 2 года назад

Hahahahaha - I love this so much! Thanks for watching, Shannon. Glad you liked the video and welcome to the channel. Badda Bing Badda Boom!

@bryceemigh5387 4 года назад

This content is amazing. You make me laugh and I am able to grasp confusing concepts at the same time. Please keep posting.

@USRealtyTraining 3 года назад

Glad you enjoyed the video, Bryce! I love making these concepts easy to understand for people interested in real estate. If you have a moment, please support this channel. You can do very easily by liking this video, subscribing to the channel, and hitting the bell icon. Doing so tells RU-vid to put our videos in front of more people and it's the best way for you to get notified when we release new content. Thanks for watching and I hope to hear from you again!

@Marketplacere 2 года назад

This content is very informative.

@lilitisraelyan6737 2 года назад

I wish everybody could explain and put concept in perspective like that...Amazing teaching skills!! this is what I call fun learning time!!

@USRealtyTraining 2 года назад

Wow! Thanks for the kind words. I'm so happy you liked the video! Are you going after a real estate license or just curious about the different mortgage markets?

@aydencham3472 2 года назад

might just pass my real estate exam cause of you now i kept getting really consued, helped out alot thanks.

@USRealtyTraining 2 года назад

Glad I could help! Are you taking the exam in California?

@andreacapiral4295 3 месяца назад

wow! my exam is in 3 weeks and this is the first time i've seen your videos. I was skeptical at first but GREAT way of teaching. Made is unbelievably easy to understand in the end. THANKY OU!

@USRealtyTraining 3 месяца назад

Glad you liked it! We also have an online exam prep package that gets you ready for the exam. If you liked this video, I think you're gonna love it. Here's the link if you're curious: www.restateexamprep.com/ Thanks again for watching!

@betterthanemril988 3 месяца назад

I want to thank you so much. I’m a dyslexic pre-licensure and have failed the real estate exam twice. The passing score for the license is a 75%. First time I got a 71 and I literally took the test yesterday and got a 74. so confused on primary and secondary market and just could not get the concept of it. The course material would basically teach me if I had already knew what it was. Now I’m confident that I’m gonna get that 75. I want to score a lot higher than 75 though.

@USRealtyTraining 3 месяца назад

Glad I could help clear the air on this! I'm rooting for you! Go and get it! If you need more study help, get our online exam prep package. There are a ton of practice questions, digital terminology flashcards, and an ebook study guide in the package. Highly recommend.

@Zyas333 2 года назад

Love the mental visuals Rico paints in my head. I'll never forget the image of Fannie, Freddie, and Ginni all playing pool in a smoke filled room (at least until after I take the test) :P

@USRealtyTraining 2 года назад

Glad you enjoyed the video, Sayan! When do you take the exam?

@Zyas333 2 года назад

@@USRealtyTraining targeting August, after I get done with my three CA Realty Training courses.

@coachkeithalashawn 2 года назад

You are an awesome teacher understanding these market was complex when reading but your video just enlighten me about the primary and secondary market thanks a lot.

@USRealtyTraining 2 года назад

Glad we could help, KL! Thanks for watching the video and leaving a comment. Much appreciated.

@fezziwig99 Год назад

🤗😂You just made my day! I am a retired banker, 35 years in the industry, and those images of primary banker vs secondary market are so right. I still remember the guy that tried to get me to sell loans for him in the secondary market, but my instincts told me that he came from a smokey room, so I kept my position as Sr. VP of the bank. Lol

@priscilaelias8007 3 года назад

I'm so sad I bought my RE course in another school, I wish to know about you guys before. You are teaching me more than them, they barely help me with my questions.

@USRealtyTraining 3 года назад

Darn! We would have LOVED to have had you as a student, Priscila! If you have any questions, please let me know and I'm always happy to help - even if you're enrolled somewhere else (: If you're looking to take the state exam, we have prep courses that are really helpful when it comes to studying and reviewing before the exam. If you're curious about it, let me know and I can share more.

@priscilaelias8007 3 года назад

@@USRealtyTraining Thank you so much!

@OgalinoAlvin Год назад

Love how he explains things! Easy way to understand!

@USRealtyTraining Год назад

Thanks for watching, Alvin! Glad it could help.

@melissax1873 8 месяцев назад

Appreciate your help! Made this concept much easier!

@theoriginalchris8448 5 месяцев назад

I loved how easy you explained it! I now have such a clear understanding of what secondary market is. Thank you so much! 🙌🏽

@USRealtyTraining 5 месяцев назад

You're so welcome! Glad you enjoyed the video. Are you taking the real estate exam?

@theoriginalchris8448 5 месяцев назад

@@USRealtyTraining Not yet, I’m still in the process of getting my license.

@tierramccall6804 10 месяцев назад

Needed this video for sure , thank you!

@USRealtyTraining 10 месяцев назад

Glad it was helpful! Thanks for watching. Be sure to share with a friend.

@karissasailer5638 3 года назад

This is the only video out of at least 10-15 that’s been clear and to the point! I appreciate this so much ✨

@USRealtyTraining 3 года назад

Glad you liked it, Karissa! If you have a moment, please like, subscribe, and hit the bell icon. That's how we grow as a channel and continue to make great content like this video! Thanks again for watching and I hope to hear from you again.

@yoshi8pie123 3 года назад

I love how you break everything down im never gonna forget this 👌🏾

@USRealtyTraining 3 года назад

I love this! Thanks for watching and I'm glad you were able to find the channel. Are you currently enrolled in the program? If not, no worries! Just happy to that this video was helpful!

@hunterdonnelly7422 2 года назад

This guy would be an amazing finance instructor or college professor. Thanks for the great video!

@USRealtyTraining 2 года назад

Should I invest in tweed jackets with elbow patches then? Thanks for watching and the kind words, Hunter!

@JohnDoe-uv5op Год назад

Thank you for communicating the concepts so clearly.

@USRealtyTraining Год назад

Anytime! Thanks for watching.

@ashmitaacharya7067 2 года назад

Thank you for this material. It helps me alot.

@USRealtyTraining 2 года назад

I'm glad you liked it!

@lucylopes2541 4 года назад

Love your way to explain !! Thank you soooo much :)

@USRealtyTraining 4 года назад

Hi, Lucy! Thanks for watching! We're so happy you enjoyed the explanation! If you have a moment, please like, subscribe, and hit the bell icon! That's the best way to get notified when we release a new video. It also helps us grow as a channel and continue to produce more helpful content. Thanks again for watching and we hope to hear from you soon!

@rachaelgrewell7232 2 года назад

Tho was suuuuper helpful to understand! Thank you so much!

@USRealtyTraining 2 года назад

Thanks for watching, Rachael. I'm glad it was helpful and you were able to get some good info from it!

@josuerosales8133 Год назад

You’re A great instructor ! Thank you

@USRealtyTraining Год назад

Glad it was helpful! Thank you for watching 😎👍

@hillarydandridge166 3 года назад

This video made me understand what a second mortgage market is! Love it! Love the story!

@USRealtyTraining 3 года назад

Awesome! Thank you! If you have a moment, please support the channel by liking the video, subscribing to the channel, and hitting the bell icon. Hope to hear from you again!

@VinhNguyen-nj9hf 3 года назад

Incredible. Thank you for the thorough explanation!

@USRealtyTraining 3 года назад

Glad you enjoyed it! Thanks for watching! If you have a moment, please support the channel by liking the video, subscribing to the channel, and hitting the bell icon. Hope to hear from you again!

@ethangrubelich1305 2 года назад

Great job at helping me visualize the primary and secondary mortgage markets as things that exist in the real world!

@USRealtyTraining 2 года назад

Glad you liked the video. Thanks for watching!

@gocpng4699 3 года назад

Great Description, Clear Concise, Helpful And It's Like A Gift Analogies Help, The More Info We Know The Better.

@USRealtyTraining 3 года назад

Agreed! Thanks for watching!

@deanaward6301 2 года назад

wow this helped me a lot, thank you!

@USRealtyTraining 2 года назад

Glad it helped! Thanks for watching, De'Ana. Hope to hear from you again on another video!

@realtordebela7649 2 года назад

I love how you explain man! Lol Thank you for sharing your knowledge. Stay blessed!

@USRealtyTraining 2 года назад

I appreciate that! Thanks for watching the video and welcome to the channel!

@sandeepsen4470 Год назад

Simplified beyond comprehension... this was really helpful. Hope you have similar content on other topics as well..

@USRealtyTraining Год назад

Definitely do. Be sure to check out our other content and enjoy! Thanks for watching, Sandeep.

@mariachavez1373 11 месяцев назад

I loooooveeeee you!!!! You make everything soooo easy! Thank you!!!!!

@USRealtyTraining 11 месяцев назад

I'm so glad! Thanks for watching! So happy you enjoyed it.

@chinotalks5203 3 года назад

It was a big help wow thank you!

@USRealtyTraining 3 года назад

Thanks for watching! Glad this video helped you understand mortgage markets a little better. If you have a moment, please like this video, subscribe, and hit that bell icon. That's the best way to get notified when we release another video like this one!

@Marketplacere 2 года назад

Excellent.This is really a great explanation.Thanks for your information

@USRealtyTraining 2 года назад

So happy you enjoyed the video! Thanks for watching!

@LivingLaconian 3 года назад

This guy loves what he does and it shows. Great video

@USRealtyTraining 3 года назад

What can I say? I live and love real estate, man! Thanks for watching and I'm glad you enjoyed the video, Nicholas. Hope to hear from you again.

@ChaseMilner1 4 года назад

Happy Birthday Rico!! Another great video.

@USRealtyTraining 4 года назад

Thank you so much 😀

@evelynx6926 4 года назад

Love your story telling style of teaching really helps with visualizing concepts 👍

@USRealtyTraining 4 года назад

Glad you like it, Evelyn!! f you have a moment, please give this video a like, subscribe to the channel, and hit the bell icon! That's the best way to get notified when we release a new video. It also helps our channel grow so we can continue to produce helpful videos like this one. Thanks for watching and we hope to hear from you again!

@julieeanderson945 2 года назад

Thank you so much for this informative video. I really like the way you have explain it. Keep it up keep doing the same work.

@USRealtyTraining 2 года назад

Thanks for watching, Juliee! So glad this video helped you learn more about the mortgage market.

@lizr.7774 2 года назад

Thank you so much!

@USRealtyTraining 2 года назад

Glad it helped! Thanks for watching.

@jasonmonterroso6640 2 года назад

Great explanation my friend! Smart man. Great teaching

@USRealtyTraining 2 года назад

Glad you liked it! Thanks for watching.

@joshgambino Год назад

Binge watching these videos have been the best time investment ever

@USRealtyTraining Год назад

That's the greatest compliment to me, Josh! Thanks for watching and so glad you enjoy these videos.

@joshgambino Год назад

@@USRealtyTraining Thank You for providing great education

@USRealtyTraining Год назад

@@joshgambino you got it!

@rickyrichy5496 3 года назад

Dude. I love this guy!!

@USRealtyTraining 3 года назад

I love you! Thanks for watching and subscribing! You rock!

@stevienelson411 3 года назад

I Love this guy. He really Dum it down for me. Great job on getting us ALL on the same page. I am looking forward to viewing you on T.V.

@USRealtyTraining 3 года назад

Think I should see if Netflix needs a new show? I appreciate the kind words, Stevie! Thanks for watching and I hope to hear from you again. Also, if you have a moment, please support this channel by liking the video, subscribing to the channel, and hitting the bell icon. Doing so tells RU-vid to put our videos in front of more people who are interested in real estate.

@dandaman83 2 года назад

great video and explanation!

@USRealtyTraining 2 года назад

Glad you liked it! Thanks for watching.

@angelvazqueez6914 2 года назад

thank you !!!

@USRealtyTraining 2 года назад

You're welcome! Thanks for watching. Glad you liked it.

@russellgray3303 2 года назад

Thanks for all the detailed information you have provided in this video. I like your way of explaining every point. Keep sharing such great videos in the future also.

@USRealtyTraining 2 года назад

Glad you liked the video, Russell. Thanks for watching!

@jlina.4383 2 года назад

I had trouble grasping this concept straight from the book and what an excellent explanation. Your teaching skills are phenomenal.

@USRealtyTraining 2 года назад

Glad you liked the video! Thanks for watching and best of luck.

@rocketlab1877 Год назад

@@USRealtyTraining love the storytelling

@MsBari1025 2 года назад

Great analogy....

@USRealtyTraining 2 года назад

Glad you liked it. Thanks for watching Ishy!

@taylorpuchaty6655 3 года назад

New real estate agent and this video felt like a breath of fresh air 😍 I love the way you explain things

@USRealtyTraining 3 года назад

Glad it was helpful! Don't forget to like the video, subscribe to our channel, and hit that bell icon. Wishing you all the best in your new real estate career!

@HenryTriggaz-yf2qi 6 месяцев назад

Wow thanks so much sir❤

@USRealtyTraining 6 месяцев назад

Anytime! Glad you liked the video.

@archanabhardwaj6348 3 года назад

He explained it so well n funny wow !! Loved it

@USRealtyTraining 3 года назад

Glad you enjoyed it! Thanks for watching. Hope you subscribed and hit that bell icon. Are you enrolled in the program by chance? No problem if not. I'm just glad you were able to find the channel!

@archanabhardwaj6348 3 года назад

@@USRealtyTraining i subscribed and following you !! I am a fashion youtuber too !! So know it 😉 anyways keep growing ⚡️⚡️⚡️

@sheikabdulkaleem6487 3 года назад

Excellent, u rock

@USRealtyTraining 3 года назад

Thank you! I appreciate the kind words! Do you happen to be enrolled in our program?

@Mike-ut5qz 3 года назад

Great explanation, you saved me

@USRealtyTraining 3 года назад

Wow! Glad you enjoyed this video! We're always happy to help. If you have any questions or video suggestions, please let me know. We love viewer suggested content. Also, if you have moment, you can support this channel by liking the video, subscribing to the channel, and hitting the bell icon. Thanks for watching and we hope to hear from you again!

@gwenpenn3433 2 года назад

Well said

@USRealtyTraining 2 года назад

Glad you liked it. Thanks for watching, Gwen!

@Shivraj-jy5ts Год назад

Wow!! That was amazing. ❤ from India

@USRealtyTraining Год назад

Thank you so much 😀 glad you liked the video.

@sidharthpadhy1954 3 года назад

Thnx for your information...

@USRealtyTraining 3 года назад

Glad you found this video helpful, Sidharth! If you have a moment, please support this channel by liking the video, subscribing to the channel, and hitting the bell icon. That's the best way to get notified when we release new videos - like the one you just watched. It also helps more people find these videos and our channel! Thanks for watching and I hope to hear from you again!

@sidharthpadhy1954 3 года назад

@@USRealtyTraining subscribed..also shared your video with my friends.

@USRealtyTraining 3 года назад

@@sidharthpadhy1954 You ROCK! Thanks for sharing the video!

@russelljudo6590 2 года назад

awesome story teller haha, love iy

@russelljudo6590 2 года назад

@USRealtyTraining 2 года назад

Glad you enjoyed! Thanks for watching!

@usman9723 3 года назад

Great Explanation, can you please explain how these investors utilise the notes and make money out of that bundle.

@valeriecarre8967 3 года назад

You are amazing

@USRealtyTraining 3 года назад

Thanks for the compliment! I appreciate it very much! Also, thanks for watching the video - I'm glad it could help you out! Don't forget to like, subscribe, and hit the bell icon. That's the best way to get notified when we release new videos like this one.

@jrod4God777 2 года назад

lol!!! Yō Freddie, Yō Ginnie!!! I love your Channel and how you break it down! I'm taking my test on Monday and your channel really helped me to understand it so much better! Do you have one on explaining credit vs debit when it comes to closing? I hate that question! hahahah :0)

@USRealtyTraining 2 года назад

So happy you enjoyed the video! Best of luck on the real estate exam on Monday. Have you seen our practice question videos yet? If you haven't, I'd give them a watch. Also, no video on the difference between debit and credit. But, you can remember them as the debit is money that you owe while the credit is money that is coming to you. You can remember it like this: "debit" looks like "debt" You gotta repay your debt! "Credit" you are given credit for the closing so you get money. Hope this helps! YOU GOT THIS!

@jrod4God777 2 года назад

@@USRealtyTraining Thank you so much!!

@USRealtyTraining 2 года назад

@@jrod4God777 anytime!

@thezealotrusher7401 3 года назад

@USRealtyTraining 3 года назад

Thanks for watching!

@softlanding138 Год назад

You are adorable! Thank you!

@USRealtyTraining Год назад

Thanks! Glad you enjoyed the video.

@joshuavanderpool2531 3 года назад

question is pa a good market to do real estate in? there homes are below national average for price though im in the pittsburgh area which is quiet good, just wanted to know your thoughts on it

@USRealtyTraining 3 года назад

Hey, Joshua. Thanks for asking. You should contact a real estate agent in your area to pick their brain about the market. As a California school, we have a good pulse on markets in this state. But, if the homes are below national average price, then it could be a good market for buyers looking to move to the area. No matter where you go, there's always a need for real estate agents because people are always buying and selling. Market depending, it comes down to who you represent. If you are looking for the biggest bang for your buck, then I would recommend moving to an area with high property value homes. Hope that helps! Thanks for watching!

@louislouis19801980 3 года назад

Great illustration!! Pool hall players

@USRealtyTraining 3 года назад

Glad you enjoyed it! I love it when the videos connect with viewers. If you have a moment, like the video, subscribe to the channel, and hit the bell icon. That's the best way to support this channel so we can continue to make great content like this video. Thanks for watching and I hope to hear from you again, L.L Studio!

@louislouis19801980 3 года назад

@@USRealtyTraining I already did!! Once again, thank-you for breaking this down!

@USRealtyTraining 3 года назад

@@louislouis19801980 You got it! Anytime you need help about a real estate term, let me know. You rock for being a subscriber!

@jefflaporteshow3986 3 года назад

yooo Sit you are just amazing I learn by laughing

@USRealtyTraining 3 года назад

I'm glad you enjoyed it, Jeff! If you have moment, please support the channel by liking, subscribing, and hitting the bell icon. That's the best way you can help us grow so we can continue to make great content like this video. Thanks for watching and I hope to hear from you again!

@millimobilehomes609 3 года назад

Hilarious. I learned so much from this video.

@USRealtyTraining 3 года назад

That's wonderful! I love this comment. Glad things clicked for you. If you're have a moment, please support this channel by liking this video, subscribing, and hitting the bell icon. Doing so tells RU-vid to share this video and our channel with more viewers. It also notifies you when we release a new video, like this one! Thanks for watching and I hope to hear from you again.

@mehzar6379 Год назад

How the secondary market buy a promisory note? For example How much do they give to second market for a 100,000$ loan, 30 years 3.5% interest rate?

@jackliu4017 2 года назад

how much can the lenders make when they sell those loans to the secondary market? LO 1-2%. how about those wholesale lenders?

@jeffrobins7494 4 года назад

Do the originators get paid for continuing to manage the notes?

@koryblack9267 11 месяцев назад

So how much is a bundle sold for? The lender goes to the Smokey room with a bundle of loans…how is it calculated and sold? Any video on that

@USRealtyTraining 11 месяцев назад

Bundles are sold depending on the money borrowed and the amount of money that is paid in interest. There's not a specific markup because each is different. This is a really technical question and I don't know the answer to it, but if you're curious about it I would encourage you to look into it more and see if other channel have covered it. Best of luck and hope you find your answer!

@numberonemommy5 2 года назад

I got this ! ☕️, 💨

@USRealtyTraining 2 года назад

Yeah, you do! Best of luck out there!

@oneisaca5113 4 года назад

Thanks for the video, one question here: If the first mortgage banker lended $1M to borrower with fixed interest rate for 30 years, how much would they charge when they sell it to the secondary mortgage market? Would the price be negotiable?

@PabloandPaulitaMillionaires 3 года назад

Facts I still didn’t know have you figured that out yet?

@ascendingvirtues 4 года назад

So now that the secondary m.m. possesses the note, and nothing changes on the note...does the debtor still pay the primary lendor?

@USRealtyTraining 4 года назад

Hi, Layne. Great question! The debtor will make payments to the new entity. The debtor is notified in advance about the changes to their loan payments. Hope this helps and please let me know if you have any other questions!

@ivanahartono5241 2 года назад

@@USRealtyTraining It's out of my curiosity, why will the investors buy the notes? Because they will get the profit from the interest paid by the debtor?

@USRealtyTraining 2 года назад

@@ivanahartono5241 Correct. There's still value to be had from owning someone's debt because of interest.

@gracequintana5370 4 года назад

all of the sudden i think i get it!

@USRealtyTraining 4 года назад

Hi, Grace! Thanks for watching and we glad we helped make it click. If you have a moment, please like this video, subscribe to the channel, and hit the bell icon! That's the best way to get notified when we release a new video. It also helps our channel grow so we can continue to release helpful content like this video! Thanks again and we hope to hear from you again.

@varbie 3 года назад

oh man, you should’ve been my teacher!

@USRealtyTraining 3 года назад

I love teaching this stuff! Thanks for the kind words. Don't forget to subscribe to the channel because I release new content every week. Doing so will notify you when I drop my next video!

@bryceemigh5387 4 года назад

How do both members of the primary and secondary market make money. Seems as if only one would profit?

@louislouis19801980 3 года назад

Who do you think would profit from transaction?

@USRealtyTraining 3 года назад

They're able to make money with interest rates as most loans do. If you loan out a certain amount of money and charge interest on the loan, you will get the money paid back to you and then some.

@gocpng4699 3 года назад

He Needs To Write A Movie With That Imagination..I Saw The Visuals And Ginnie Mae With A Stoggie..

@USRealtyTraining 3 года назад

So glad you liked it! Thanks for the kind words. It's great to hear from you again!

@USRealtyTraining 3 года назад

I'll be sure to send you the first transcript of my feature film when I finish the first draft. 😂

@elriopropertiesllc2020 Месяц назад

😃😃

@Aaron-ii5tx 4 года назад

Awesome that happens all the time and will the borrower know that their loan was sold off

@USRealtyTraining 4 года назад

Hi, Aaron! Thanks for asking. The borrower gets notified when their loan is sold to a new entity. Hope this helps and please let me know if you have any additional questions!

@Aaron-ii5tx 4 года назад

CA Realty Training yes thank you.

@ammarhaidari1819 2 года назад

please get to the point quicker boss

@USRealtyTraining 2 года назад

You can use the "chapters" feature to jump to the section you want to learn about right away. But, if you're looking for a quick glance at the difference, the primary mortgage market is where a home buyer will borrow from a lender. The secondary mortgage market is where lenders sell the debt to investors who will buy it to make money. Hope that helps!

@dom-i-neek2923 2 года назад

WTF? This is nonsense. He did not explain/define what a Primary Market is verse a Secondary Market. He simply mention explain a loan and how lenders benefit from loans. Grrr

@USRealtyTraining 2 года назад

Hi, Dom-i-neek. I talked about how the primary mortgage market is where homebuyers will borrow from lenders and the secondary mortgage market is where lenders will sell debts to investors. Was there something you're interested in learning more about? I'm happy to help out here, if so. Just let me know!

@MsJp35 2 месяца назад

I'm not even through this video, and its the most entertaining one to date. Are you sure Mr. Rico doesn't dip into some 'special juice" before doing some of these vids?