Time to ask the Mortgage Nerd!

Описание: I have another fun Q&A video for you.
Some of the questions I answer today are:
0:00 Intro
0:56 If there is no mortgage, can the bank foreclose?
2:07 What happens to your home if you retire before you pay off the mortgage? If you are getting ready to retire and have a mortgage we should talk!
4:14 Are there any places on earth where you can own a home without paying property taxes or getting a mortgage?
5:51 Does having mortgage debt mean you always have a negative net worth?
7:17 What is a new way of determining risk while underwriting mortgages?
9:30 If Bitcoin became the only currency, would there still be mortgages?
10:33 Is a $50,000 down payment a good down payment for a $350,000 home?
14:48 Can you use an LLC to buy a home using an FHA 203k Loan?
15:29 Can the lender change my loan terms after closing?
16:50 How long does it usually take to hear back from the lending company once your mortgage application is sent to underwriting?
19:40 Will I get questioned if I keep paying my mortgage in cash?
20:32 What is the risk of flipping homes using an FHA mortgage?
21:30 Outro. We just ran out of time! Thanks for watching. More videos to come!

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https://RyanBolton.com
The views expressed in this episode do not reflect the views of Synergy One Lending. CoNMLS 1907235

Equal Housing Lender NMLS# 299717

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