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 36: What are the 4 Cs to Credit/Lending? Increase your chances of Approval
Knowing how to play offense is the Key to Homeownership, use the following to evaluate your financial picture. Use the 4Cs to qualify for just about all loans, you should always be in control of the transaction. Let's take a look:
1. Capacity: What's your ability to repay the loan? Lenders would like to assess your income, employment stability, and existing debts to determine capacity.
2. Credit: Credit history and reliability in meeting your financial obligations. A positive credit history enhances your character evaluation.
3. Collateral: Collateral involves the assets you would pledge to secure your loan. It serves as a form of security for the lender in case of default. The quality and value of collateral play a crucial role in loan approval.
4. Capital: Capital represents your financial stability and net worth. Lenders analyze savings, investments, and other assets to assess the borrower's ability to handle financial challenges.
Subscribe to my new Youtube channel, "The Mortgage Motivation Podcast"
https://www.youtube.com/@TheMortgageMotivationPodcast
Click the link below to get
Gary's Digital Business Card
Gary Taylor | Co-Founder | Mortgage Broker
Affluent Mortgage LLC
D:302-469-0709
gary@affluentmtg.com
www.affluentmtg.com