The Mortgage Motivation Podcast
Welcome to The Mortgage Motivation Podcast, the podcast that breaks down the complexities of home loans into real talk. I’m Gary A. Taylor, CEO and Broker-Owner of Affluent Mortgage LLC, with over a decade of experience helping people navigate the world of homeownership.
Whether you’re buying your first home, refinancing, or building your real estate empire, this podcast is your guide to understanding the ins and outs of the mortgage process. From exploring loan programs and market trends to mastering strategies and building the right mindset, we’ll cover it all—minus the boring banker talk.
Home loans might not sound thrilling, but trust me, the keys to your dream home are worth it. Tune in for tips, insights, and straightforward advice to help you make smart, confident decisions.
This is YOUR time to own it. Let’s unlock the doors to your future together.
Gary
The Mortgage Motivation Podcast
What are lenders looking for in a New Client? Tips for having a Smooth Transaction. Episode 24
Understanding what lenders are looking for could help you greatly when you are looking to purchase Real Estate.
1. A lender's perfect client... Know your personal profile, when you are getting financing you have to present your financial resume......
2. Credit sweep..... Review your credit report before you call a lender, if you have never pulled your credit you should. go to www.annualcreditreport.com/index.action
3. Organize your documents..... Have a folder on your desktop that have the following, current 30 days of paystubs, bank statements(review for overdrafts), 2 years of tax returns, and statements for all asset accounts. This will make life so much easier for you and the lender.
4. This may sound like a given..... Make sure you understand your employment, salary vs hourly, when did you have your last raise, how often do you work overtime etc etc
5. Lastly, have an idea what type of home you would like to purchase, SFR, duplex, 2-4 unit, condo? Location? Monthly payment? How far away from your job or business? Do you have any restrictions or tight deadlines?
This will save you and our team alot of time and this equals a much smoother transaction. If you do the majority of this on the front end your Realtor and Lender will love you. Keep in mind you may not know all of this and our team will help you. This is meant to help you have a better experience, the bank is giving 100s of thousands of dollars so yes they will ask some questions.
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Gary Taylor | Co-Founder | Mortgage Broker
Affluent Mortgage LLC
D:302-469-0709
gary@affluentmtg.com
www.affluentmtg.com