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
Episode 27: Eligibility VS Affordabilty
What are we reviewing when we Underwrite and Loan? Being familiar with the following will be your key to homeownership.
1. Credit
2. Debt
3. Income
4. Collateral
*******Eligibility refers to meeting the necessary criteria or requirements to qualify for a particular benefit, opportunity, or service. For example, when applying for a home loan or a credit card, there are specific eligibility criteria that individuals must meet to be considered for approval. On the other hand, Affordability refers to the ability to afford or comfortably pay for something. It takes into account an individual's or household's financial resources, income, expenses, and overall financial situation.
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Gary's Digital Business Card
Gary Taylor | Co-Founder | Mortgage Broker
Affluent Mortgage LLC
D:302-469-0709
gary@affluentmtg.com
www.affluentmtg.com