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Tulsa Mortgage : Podcast 11 – Part 2

Tulsa Mortgage that’s what you want to buy the you change your mind and you will you call your lender and they tell you you can’t qualify for that it’s really just pain enough by tell you just kind of make sure that your voting the pain you are more than anything we talked up the point number two was the the Max payment your lenders up with chilies and material unless it’s lower than what you want right because you call you qualified for more when you bite your house right of Lisa said that I’m good I know I qualify for 2000 our mortgage payment but I’m pretty happy with 800 and you have to determine that on your own but the only way to determine that is to talk to wonder front to make sure that you have those things taken care of so so I think it’s time for Stewart and will that are called them back so possibly time we’re talking about Mr. and Mrs. Jones Smith Johnson rovings are and what happens Tyler they find the perfect house when we can have talk to not always as you know what happens on Monday they find out reality and the reality is often times) is either they can qualify for the don’t in that arena really is whenever someone’s already called you and

told you this is the house I would like to buy a party negotiated a contract this is what I my wife loves it and it will useless the Tony’s was the right talk to your lender first you knew sugar culture lender Eric Haviland answers the phone we can like secret about, dialogue about: by newer.com because. The Tulsa mortgage to drop at their car. The Tulsa mortgage area Colorado Springs mortgage your lenders answer the phone when you go and whether that’s enough to block action on Saturday or 5 o’clock on Tuesday. Answer so just make sure you call you and because what we we have so many stories being the business story we have all kinds of great stories and not so happy stories I was on Facebook feed because at the end of the day people messed things up then we are there to witness them right and let’s go to Facebook and see what people are saying I don’t know if Steve Harrison is on here Karen RenĂ©e David McDermott joined need caching about by quite a few seven or eight 1012 you have 387 my viewers just that has become you are of our viewer numbers made up on the spot as well as you that’s a statistic only to schedule rock on Cody Sanderson so guys listen here’s the thing you want when you talk about your Max Payne you talk about with the Max payment that your lender is cut with you, how much money have to bring there’s a lot of factors ago and is not so easy Tyler like last week I get probably five phone calls us we could says

I need a fee worksheet for this customer you listen but nobody’s know is complaining okay there it’s a complaint brought it just like realtors who are in the industry they think this is something that we just pulled right out of our beer to report out of an new we actually have to go run numbers we actually have to go find our interest rates are we have to go find out what you know their their own insurances we have to get an estimate from the title company went all these third-party even like These are not even involved with us while and what you find out more than not is that you will estimate you know you’ll be off by 3040 $50 on the hazard insurance or on the taxes can you don’t know whether properties located at so you know you disliked on it are edible like you sometimes eatables like sometimes it out and were pretty good American is for longtime supervisors our markets on estimating step it I mean it luck if we were so confident in ourselves and our ability to estimate the be a different story with them in the fact the matter is this it every school districts different every tax amounts over every buyer is different on insurance about electric you take somebody which I decide Brian last week two weeks ago I should say that when they got into contract we estimate a certain

Tulsa Mortgage mountain in it in the closing costs in their first two estimates for insurance ride estimated where I thought to be on the high side of $1800 year guess how much their insurance what their their first two estimates at a funeral Tyler alone about the recovery one of them was $3000 in those 2800 and these are two major carrier so worsen are going cheese your talk about overshooting it might not only is her payment now to be $90 more month but there that’s 1000 $1200 more but what we don’t know this because we don’t ask most the time and and it’s not a question edit and loan officers can ask is how many claims that he had on your insurance in the last 10 years right and enough to go back and look at the file At the bar (complaint can together a death insurance F I that is wrangling the realtor calls you and says to me a fee sheet because I need and how much closing costs any yet so nerve-racking because your kind of you know we know our fees we know are like our title company that we use an icon thing and you know mortgage tax not coming prepaid interest but that was the church’s community also podcast on homeowners is because I can be a already burger so here’s loratadine the ticket only Guys the that the biggest things that I think will work facing when it comes to from a lending standpoint is is educating buyers on knowing the Max payment that their copper with making sure that they’re aware of the Max payment that the company with the fellow discomfort with and then how much money they’re going to need to bring to the table if any and that Camilla product

Eleanor now Tyler we talked about is the next largest truck the return way over here that it’s kind of funny considering you are between 100,000 and 400,000,000% in the know, so they’re looking at this particular house and they’re looking at that particular house and like they qualify, while five for malicious matter what they want down payment was and so it I don’t think they know what the payment their copper with you know me the I know what worked with on a payment but it all comes down to play number three which is know how much money down you will need if any and what you’re willing to put down because I’ve had five conversations of the sky and I might like did you I go to 400 that’s great but your be conventional weaning and financial now at least 5% unless you go that really expensive Demott mortgage insurance of 97% which we don’t recommend and many many many cases but it is but 2% out the I hear you’re looking at $20,000 down which is a big so that conversation is sad daily on not

Tulsa Mortgage only what you want couple of as your lender but how much money laundering today because regardless of I’m, with the 2000 payment you may not be coupled frankly grants up to talk your lender first know what your payment is no known what you qualify for know what your lender qualifies for an know what the down payment that you’re going to bring us because if you don’t you’re going to be surprised when the biggest sure to post Brian you never I do on this out there know, spring starting that run of nonmarital run amid the podcast tonight so they that’s it for today episode 11 and just rumor guys know what pain you have with the pendulum discomfort with how much money have down and what your cover putting down into not talk to your realtor about your payment your down payment is so perhaps I’m stickler to.com Tyler Weiler Company live from our Tulsa mortgage