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Assume the Advantage - Finding Sellers with Assumable Mortgages
Manage episode 386593786 series 3532369
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Assuming the Advantage: The Hidden Power of Assumable Mortgages. Savvy buyers are assuming rates in today's market! But how do you find them? We uncover the easiest way ever
Ever wondered if there's a way to capitalize on a sellers existing low-interest rates? Mar Eitel unveils the untapped potential of assumable mortgages.
Now it's never been easier to find sellers with these golden tickets and the benefits of taking over a mortgage with a rate in the 3s.
We'll guide you through the process, highlighting why, in many cases, assuming an existing mortgage can be more advantageous than chasing a lower sales price. Don't let a great rate slip through your fingers; discover the art of the assumable mortgage.
We cover all this and more as Mark answers questions ranging from refinancing, reverse mortgages, buying investment properties, and even reverse mortgages. this was an action packed show
Jen is in the studio keeping us all inline, woman-ing the anytime hotline and keeping Mark on task!
Learn more about Mark Eitel, the team, and the Show at www.MrMortgageRadio.com for more information or call/text 1-855-462-7292 the anytime hotline
Thanks for tuning in, and we'll see you on the next episode of "The Mr. Mortgage Show"
Let's Connect! Feel Free to Call Text or Email Mark Eitel NMLS #1929005
Call or Text us: 561-935-5474 (Main Office)
Email: mark@mr.mortgage
00:00-intro
02:15-Hidden Opportunity in Today’s Housing Market
03:17-How to Lower Your Rate
04:00-How to Find Sellers with Assumable Mortgages
07:00-The Easiest Way To Find Sellers With Low Rate Assumable Mortgages
10:00-We’re Back
11:27-Wedding Registry for Gift Funds for Down Payment
13:54-Seller Contribution to Pay Off Buyer’s Collections
16:00-What is a Bank Statement Mortgage Loan
17:49-FHA Saves the Day for a Single Mom
18:50-We’re Back 2
19:49-Mom Died with a Reverse Mortgage, Now What
22:17-Cash Out vs Debt Consolidation
24:05-Mortgages for 1st timers buying fixer uppers
25:08-Reverse Mortgage on a Rental Property
28:40-We’re back 3
29:30-How to Assume a Mortgage
30:26-Using a Grant and A Cosigner
31:26-Sellng to my Son, Gift of Equity
32:53-Cash Out Refi of Investment Property
34:12-Why is FHA a Bad Loan
36:01-Avoiding Escrow Waiver Fees; Mortgage
38:40-Wrapping it Up
…
continue reading
Ever wondered if there's a way to capitalize on a sellers existing low-interest rates? Mar Eitel unveils the untapped potential of assumable mortgages.
Now it's never been easier to find sellers with these golden tickets and the benefits of taking over a mortgage with a rate in the 3s.
We'll guide you through the process, highlighting why, in many cases, assuming an existing mortgage can be more advantageous than chasing a lower sales price. Don't let a great rate slip through your fingers; discover the art of the assumable mortgage.
We cover all this and more as Mark answers questions ranging from refinancing, reverse mortgages, buying investment properties, and even reverse mortgages. this was an action packed show
Jen is in the studio keeping us all inline, woman-ing the anytime hotline and keeping Mark on task!
Learn more about Mark Eitel, the team, and the Show at www.MrMortgageRadio.com for more information or call/text 1-855-462-7292 the anytime hotline
Thanks for tuning in, and we'll see you on the next episode of "The Mr. Mortgage Show"
Let's Connect! Feel Free to Call Text or Email Mark Eitel NMLS #1929005
Call or Text us: 561-935-5474 (Main Office)
Email: mark@mr.mortgage
00:00-intro
02:15-Hidden Opportunity in Today’s Housing Market
03:17-How to Lower Your Rate
04:00-How to Find Sellers with Assumable Mortgages
07:00-The Easiest Way To Find Sellers With Low Rate Assumable Mortgages
10:00-We’re Back
11:27-Wedding Registry for Gift Funds for Down Payment
13:54-Seller Contribution to Pay Off Buyer’s Collections
16:00-What is a Bank Statement Mortgage Loan
17:49-FHA Saves the Day for a Single Mom
18:50-We’re Back 2
19:49-Mom Died with a Reverse Mortgage, Now What
22:17-Cash Out vs Debt Consolidation
24:05-Mortgages for 1st timers buying fixer uppers
25:08-Reverse Mortgage on a Rental Property
28:40-We’re back 3
29:30-How to Assume a Mortgage
30:26-Using a Grant and A Cosigner
31:26-Sellng to my Son, Gift of Equity
32:53-Cash Out Refi of Investment Property
34:12-Why is FHA a Bad Loan
36:01-Avoiding Escrow Waiver Fees; Mortgage
38:40-Wrapping it Up
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