How to Win The Mortgage Game: The X's and O&#

Join #MortgageCoach Matthew Duran as he explores these government-backed loans offering 100% financing, seller assist, and competitive rates. Discover the pros, but also the important cons, in this essential episode. Ready to explore rural homeownership? Dive in for expert insights.

🏡 Exploring FHA Loans: Unlock the secrets to accessible homeownership! 🗝️ Dive into this essential guide to Federal Housing Administration (FHA) loans. Discover how these government-backed mortgages make owning your dream home a reality, even with limited down payment savings or lower credit scores. We break down the pros and cons, revealing the hidden opportunities and long-term considerations. Don't miss this episode for vital insights into FHA loans, a game-changer for first-time buyers and anyone seeking a more affordable path to homeownership. 🏠💰 #FHALoan #HomeownershipMadeEasy #MortgageTips #RealEstatePodcast Host: #MortgageCoach Matthew Duran Duration: 180 seconds

In the world of mortgages and real estate, every now and then, a story comes along that reminds us of the incredible resilience and determination that people possess. Today, I want to share with you the inspiring journey of "Justin" (name changed for privacy), a purple-heart veteran and a true MVP in the mortgage game. As a veteran who has sacrificed so much for our country, Justin's path to homeownership was met with unique challenges. His story is a testament to his unwavering spirit and the power of smart decision-making. Join us in this episode as we dive into Justin's remarkable story of overcoming obstacles, leveraging VA loan benefits, and using strategic thinking to secure his dream home. Learn how he turned a potential deal-breaker into a remarkable success, and be inspired by the dedication and resilience of this incredible Mortgage MVP. Listen now to discover Justin's journey and the valuable lessons you can apply to your own path to homeownership and financial success. For more episodes and expert insights on mastering the mortgage game, subscribe to "How to Win The Mortgage Game: The X's and O's of Home Financing." Host: #MortgageCoach Matthew Duran Duration: 150 seconds

In this episode, #MortgageCoach Matthew Duran delves into the VA Loan program, a game-changer for veterans and service members. While it offers 100% financing, there's a common misconception about seller assistance that can impact your out-of-pocket expenses. Discover the truth behind the "4% Myth" and how the VA's flexibility can be life-changing for veterans. Coach Duran shares real-world examples and prepares you to unlock the full potential of the VA Loan that our service members have truly earned. Don't miss this essential guide to VA Loans and homeownership success! Further Study: FTC (Funds to Close): Beyond the Down Payment - Unveiling the Total Costs Unveiling the Hidden VA Loan Gem: Beyond the 4% Myth in Seller Assistance Host: #MortgageCoach Matthew Duran Duration: 165 seconds

Unlock the Power of Mortgage Transparency with Coach Matthew Duran in this episode of 'How to Win The Mortgage Game.' Discover the vital strategies to ensure you're not fooled by deceptive rates and hidden fees. Learn why the lowest rate doesn't always mean the best mortgage deal and how to ask the right questions for complete financial clarity. Coach Duran provides an actionable formula to calculate your true cost of financing, giving you the tools to make an informed decision and secure your winning mortgage move. Don't miss this essential lesson in the mortgage playbook for ultimate home financing success! Reference Article (Real-Life Example Included): FTC (Continued...): Don't Put Yourself In A Box Host: #MortgageCoach Matthew Duran Duration: 4min 35sec

In this episode, #MortgageCoach Matthew Duran, shatters the misconception that the down payment is the total amount needed for funds to close. He will discuss the other factors that go into your total out-of-pocket expense. But don't worry, if you are concerned that you only saved enough for the down payment, Coach Duran also briefly covers some options that you may have so you can be a true MVP in the mortgage game. Reference Articles: ✏️ FTC Exposed: The Real Out-Of-Pocket Expense ✏️ Homebuying Hack: Unveiling Creative Paths to Low or No Out-of-Pocket Homebuying Make sure you also tune in to hear "Debbie's" story for details on an incredible hack that may be available for you to offset your out-of-pocket. CLTV: The Home Financing Curveball - A Client Success Story Host: #MortgageCoach Matthew Duran Duration: 180 seconds

In this follow-up episode, we're picking up where we left off, exploring the dynamic world of the Debt-to-Income Ratio (DTI). If you tuned in to our previous episode, you know that DTI is the MVP of home affordability. But hold on tight, because we're about to throw an unexpected curveball into the game. Just like in sports, where a curveball can change the entire course of the game, property taxes are the game-changing factor in the realm of real estate. We'll dive into how seemingly minor differences in property taxes can drastically alter your mortgage eligibility, turning a "cheaper" home into a financial challenge. For a deeper dive into this continuation of our DTI series, including real-life scenarios and insights from the experts, check out the linked article in the episode description. Get ready for an episode packed with real-world strategies, expert advice, and the unexpected curveball that could redefine your homebuying journey. Stay tuned for more thrilling episodes of "How to Win The Mortgage Game," where we continue to empower you with the knowledge and tactics to come out on top in the mortgage arena. DTI: Scoring Your Mortgage Victory Host: #MortgageCoach Matthew Duran Duration: 180 seconds

In this episode, we're breaking down another crucial element of the mortgage game – DTI, or Debt-to-Income Ratio. Just like a star athlete needs more than raw talent to win championships, savvy homebuyers know that mastering mortgage qualification is essential. Your credit score and down payment are just the starting line. To secure your dream home and potentially secure a competitive interest rate, understanding DTI is a game-changer. In this episode, we'll unpack the concept of DTI and its two crucial plays: Housing Ratio (Front-End DTI) and Total DTI (Back-End DTI). Why is DTI a game-changer? A lower DTI score enhances your appeal for loan approval, positioning you as a top contender in the mortgage championship. Want to know the strategic counter moves or want to dive deeper and see an example of a DTI calculation, check out the article linked in the episode description. Stay tuned for more empowering episodes of "How to Win The Mortgage Game," where we equip you with the knowledge and strategies to excel in the mortgage arena. Until next time, this is your host Coach Matthew Duran, signing off! 🏆 DTI: Scoring Your Mortgage Victory Host: #MortgageCoach Matthew Duran Length: 150 seconds

In this episode, Coach Matthew Duran tackles a common myth that leaves aspiring homeowners puzzled: "A hard credit pull will hurt my credit." Get ready for an exploration of the secret playbook behind credit scoring models. Discover why different scoring models may show slight variations and why the mortgage industry's calculation is more aggressive than consumer scoring models. Rest assured, your credit score won't take a significant hit! Join Coach Duran as he equips you with the winning moves to navigate the mortgage field with confidence. And there's more! Check out the link to Coach Duran's article below, providing an in-depth analysis of the credit scoring game and why credit scores are just one part of the overall lending playbook. Whether you're a seasoned pro or a newcomer to the mortgage game, this episode will inspire you to build a strong financial foundation and unleash your full potential on the homeownership field. Tune in and level up your mortgage game! Scoring Big in the Mortgage Game: How to Win with Your Credit Score Host: #MortgageCoach Matthew Duran Duration: 120 Seconds

In this episode, we dive into an advanced tactic that can take your home financing game to the next level – leveraging Combined Loan-to-Value (CLTV). CLTV, which stands for Combined Loan-to-Value, is a powerful strategic move that allows you to secure additional bases beyond the traditional Loan-to-Value (LTV) limit. Picture it as a skillful pitcher fine-tuning their arsenal, delivering the perfect pitch to secure your dream home while optimizing financial benefits. In our previous episode, we discussed the importance of understanding the Loan-to-Value (LTV) ratio, a key metric used by lenders to assess the risk associated with a mortgage loan and determines your down payment, but doesn't cover ALL od your closing costs. Now, enter CLTV – the hidden move in your playbook. It involves securing a second lien to cover additional costs. To illustrate the game-changing potential of CLTV, I share a real-life success story. One of my remarkable clients, Debbie (client name changed to protect privacy), achieved homeownership with an astounding plan. Leveraging CLTV, she entered the housing market with minimal funds out of pocket saving her enough money to pay off higher interest debts allowing her to free up more monthly debt than the second lien creates. Join me as we unravel the mysteries of CLTV together and unveil more winning plays in the mortgage game. Your homeownership dreams are within reach, and I'm here to be your steadfast ally every step of the way. Episode 1.5 - LTV - A Key "X" in the X's and O's 🏡 Client Success Story: Debbie's Smart Home Purchase Strategy Host: #MortgageCoach Matthew Duran Duration: 150 seconds

Step up to the plate and get ready for some Home Financing Power Plays in "How to Win The Mortgage Game: The Home Financing World Series!" Your host, #MortgageCoach Matthew Duran is here to be your guide, helping you hit home runs in the mortgage arena. In this episode, we are covering another key term (X) of the X's and O's In baseball terms, think of the LTV ratio as a critical pitch from the pitcher's mound. Just like a pitcher evaluates the situation on the field before delivering the perfect pitch, lenders use the LTV ratio to assess the risk of a mortgage loan. It shows what percentage of the property's appraised value they are willing to finance, and having a strong grasp of this concept will give you a tactical advantage in rounding the bases to homeownership. With your Mortgage Coach leading the charge, we'll break down the play and calculate your LTV ratio, making it as simple as hitting a single. Discover how your down payment directly influences your LTV ratio and positions you for a home run in the mortgage game. Host: #MortgageCoach Matthew Duran Duration: 90 seconds

Welcome back to "How to Win the Mortgage Game: The X's and O's of Home Financing!" In this episode, "The Power Play of Federal Reserve and Mortgage Rates," we dive into the Federal Reserve's offensive playbook and how it impacts mortgage rates. Join your host, Coach Matthew Duran, to discover how you, as a client, can play solid defense to safeguard your homeownership dreams. Coach Matthew lays out three solid defensive strategies--Vigiliant "Goalkeeping," Forming a Defensive Wall, and Adapting to the Game Conditions. There is a lot more to this, so feel free to reach Coach's article that goes into even more detail: https://www.linkedin.com/pulse/power-play-federal-reserve-mortgage-rates-matthew-duran Thanks for tuning in to this episode Host: Coach Matthew Duran Duration: 3 minutes

Unravel the mystery of mortgage insurance in this episode of "How to Win the Mortgage Game: The X's and O's of Home Financing!" Join your host, Coach Matthew Duran, as he breaks down the game-changing tactics of mortgage insurance – a crucial part of your offensive strategy as a homebuyer. Discover how mortgage insurance protects the lender and how you could potentially crush that defense. Coach Matthew shares essential insights on reaching the 80% loan-to-value ratio for financial independence. Knowledge is power! Understanding mortgage insurance is your winning move. Join us for this exciting episode and equip yourself with valuable strategies for homeownership success. For more in-depth information, check out the article below which dives even deeper into mortgage insurance, it's role in the lender's defense, and how to go on the offensive sooner than most even know. Tune in to "How to Win the Mortgage Game" for expert guidance and empower yourself with the knowledge to excel in the mortgage arena. https://www.linkedin.com/posts/matthew-duran-a86420111_mortgageinsurance-pmiexplained-homeownershiptips-activity-7090014586715742209-jaTb?utm_source=share&utm_medium=member_desktop Host: Coach Matthew Duran Duration: 120 seconds

Welcome to "How to Win the Mortgage Game: The X's and O's of Home Financing" – the ultimate podcast series empowering you with winning strategies in the world of mortgages! In this power-packed episode, "The Xs of the Mortgage Game: How to Win by Understanding APR," we reveal the game-changing concept of Annual Percentage Rate (APR). Host and coach Matthew Duran breaks down the key differences between interest rate and APR, helping you unlock the true cost of borrowing. Discover how to calculate APR like a pro and gain a competitive edge in comparing loan offers. Understanding APR is your ticket to mortgage victory! A lower APR means lower overall borrowing costs, and this episode equips you to make informed decisions, securing the best deal. For a deeper dive into APR calculation, check out the linked article in the description. Tune in to "How to Win the Mortgage Game" and take charge of your financial future! Join us for more episodes, where we provide expert guidance and coaching to help you succeed in the mortgage game. Subscribe now and level up your mortgage prowess! Also, make sure to check out my article below, which provides even more detail and steps on what calculations go into APR. https://www.linkedin.com/posts/matthew-duran-a86420111_aprexplained-borrowingbasics-financialliteracy-activity-7089666170437390336-sKPR?utm_source=share&utm_medium=member_desktop

Get ready to embark on an empowering journey towards homeownership as we kick off our thrilling podcast series, "How to WIN The Perfect Mortgage: The X's and O's of Home Financing"! In this debut episode, join your host Matthew Duran, a former educator and coach with a passion for helping people learn and grow, as he introduces themselves and the exciting world of mortgages. With years of experience as a mortgage expert, Matthew is committed to demystifying the complexities of the mortgage industry. He believes that understanding the language of mortgages is the key to winning the perfect mortgage—the one that aligns perfectly with your dreams and aspirations of owning a home. In each concise 90-second episode, we'll explore different aspects of the mortgage game. From unraveling complex jargon and guidelines to strategizing your way through various loan types, you'll gain valuable insights and knowledge to make informed decisions. Prepare to be inspired by uplifting client success stories, as Coach Matthew shares real-life triumphs of individuals who navigated the mortgage process and achieved their dream of homeownership. Whether you're a first-time homebuyer or looking to refinance, this podcast is your go-to resource for mastering the art of home financing. Hit that subscribe button and tune in to "Introducing How to WIN The Perfect Mortgage: Meet Your Mortgage Coach!" Get ready to level up your mortgage game and secure the keys to your future home. Let's WIN together!