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Eric Leigh is back to hang out with us! Eric is the VP of mortgage at Guaranteed Rate.
What You’ll Learn
In this episode we talk about:
- Year to year real estate appreciation in some areas across the country
- Factors that influence your mortgage interest rate
- Differences between refinancing and first-time purchase interest rates
- What a cash out refinance is and how it can be beneficial
- Common ways that people finance real estate investments
- The necessity of savings when seeking approval for an investment mortgage
- Why HGTV is probably giving you a skewed view of what getting approved for loan looks like
- Renovation loans vs new construction loans
#MoneyWin
Sydney– “That moment when you find out your savings is the same amount as the previous amount of debt you had.”
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