​Risks of Maxing Out Your Home Loan - Hidden Pitfalls to Avoid

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  • čas přidán 3. 07. 2024
  • ⭐Have mortgage questions? Pick a time that works best for you here
    calendly.com/jennifer-beeston
    ⭐Ready to get preapproved?
    www.zerostressmortgage.com
    Text me after you fill out with your name 707-478-0637 so I can alert team
    ⭐ Call Me: My cell phone is 707-478-0637 I am happy to help. Let’s get you home!:)
    ⭐My Google Reviews: tinyurl.com/jenniferbeestonre...
    --------------------------------
    Timestamps:
    0:00 More Dangerous than Ever
    0:15 What is Max Qualifying
    1:00 High DTI Example
    1:27 Budget, Budget, Budget!
    1:50 Skyrocketing Insurance and HOAs
    3:35 Condos and Max Qualifying
    4:04 Safe Debt-to-Income?
    4:35 What You Should Do
    5:20 Hop on the Calendar in the Description!
    Licensing info: Jennifer Beeston, SVP Mortgage Lending NMLS 247743 at Guaranteed Rate, Inc. NMLS 2611 Branch Address: 1750 N University Drive, Coral Springs, Florida, 33071 Equal Housing Lender
    For licensing, go to www.nmlsconsumeraccess.org
    Top 1% in the nation 2016-2022 www.zerostressmortgage.com
    NMLS 247743 Guaranteed Rate NMLS 2611
    To access Guaranteed Rate:
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    My State License Numbers:
    AK - AK247743, AL - 72998, AR - Licensed, AZ - 1007541, CA - CA-DOC247743, CO - 100516570, CT - LO-247743, DC - MLO247743, DE - MLO-247743, FL - LO66900, GA - 70357, HI - HI-247743, IA - 33839, ID - MLO-2080247743, IL - 031.0054184, IN - 41478, KS - LO.0039219, KY - MC717200, LA - Licensed, MA - MLO247743, ME - Licensed, MI - 247743, MN - MN-MLO-247743, MO - MO-247743, MS-247743, MT - 247743, NC - I-189119, ND - NDMLO247743, NH - Licensed, NM - Licensed, NV - 66544, NY - Licensed, OH - MLO-OH.247743, OK - MLO20600, OR - 247743, PA-247743, SC - MLO - 247743, SD - MLO.08498, TN - 205478, TX - Licensed, VA - MLO-40552VA, VT - VT247743, WA - MLO-247743, WI - 247743, WV - LO-247743, WY - 8203
    Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, contact Guaranteed Rate for current rates and for more information. All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Guaranteed Rate, Inc. does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Guaranteed Rate, Inc. Guaranteed Rate, Inc. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action. Guaranteed Rate, Inc. is a private corporation organized under the laws of the State of Delaware. It has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture or any other government agency.
    Hashtags:
    #maxqualify #maxmortgage #maxqualifyinghomeloan #firsttimehomebuyertips

Komentáře • 17

  • @sandycalame
    @sandycalame Před 2 měsíci +2

    So important to make a budget. It doesn't have to be complicated, but important to have!

  • @Dave.68
    @Dave.68 Před 3 měsíci +5

    So important. Yes insurances are flying high. Good info.

  • @noe6499
    @noe6499 Před 3 měsíci +4

    I appreciate your advice on creating a budget

  • @chefbrooklyn5140
    @chefbrooklyn5140 Před 3 měsíci +3

    What's up Jen? Hope all is well. Great information,decor looks awesome and you look beautiful. Take care

  • @LifeWithAlliDaily
    @LifeWithAlliDaily Před 3 měsíci +3

    Loving it! 💜💜💜💜💯

  • @aridelisbido3094
    @aridelisbido3094 Před 3 měsíci +4

    You should do a video for people that have $0 debt, great credit and a salary that will be going up annually because its with a union.

  • @Martin-og9zg
    @Martin-og9zg Před 3 měsíci +2

    Buy a multiplex with FHA, use rent payments from the 3 rental units to cover all bills associated to the house, invest the rest of your income to max out 401k, aside from auto, food (no name brand), and other basic needs.

  • @leesmith5419
    @leesmith5419 Před 2 měsíci +1

    Wish I would have found you five years ago

  • @reuelbutler7626
    @reuelbutler7626 Před 3 měsíci +1

    I would love a video what to do if you need sell your existing home to buy a new home. When the existing home is paid off and looking get a mortgage for first time.

    • @JenniferBeeston
      @JenniferBeeston  Před 2 měsíci

      I have done a few over the years. This one was a short czcams.com/video/85F0q-Nwq40/video.html
      We are of course always happy to walk you through and plan it out, grab a good time here calendly.com/jennifer-beeston/preapproval-q-a

  • @davidgeorge2486
    @davidgeorge2486 Před 3 měsíci +1

    think i'll live in my van!

  • @yb9965
    @yb9965 Před 2 měsíci +1

    Hi, as a lender are you allowing prepayment toward principal only without penalties ? Thank you

    • @JenniferBeeston
      @JenniferBeeston  Před 2 měsíci

      All the loans that we do predominantly do not have a prepayment penalty.