The Men, The Myths, The Dudes The Mortgage Dudes podcast

3M ago 46:36

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There is so much misinformation out there about buying homes these days. The dudes go over some of the top Home Buying Myths today and educate you on how you can be a homeowner regardless of the negative things you hear.

Thanks for listening and enjoy the show!

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For more information and to apply for free visit https://greentreeloan.com/ or https://moloneymortgage.com/

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Shane Marzullo 419-861-9008 Greentree Mortgage Services 7555 Airport Hwy, Suite A * Holland, OH 43528 NMLS 275577/133641, MI FR0018548

Ed Moloney Equity Resources, Inc. 774-573-0329 465 E Falmouth Hwy, Ste B * East Falmouth, MA 02536 NMLS 1579/10321 MA Mortgage Lender & MA Mortgage Broker MC1579. NH 23282-MB-BCH. RI 20153125LL B03 DBA Equity Resources of Ohio, Inc. Certain restrictions apply, call for details.

FHA loan with 3.5% down payment. Loan Amount $245,471 with a fixed interest rate of 6.500% (7.110% APR) for 30 years = $1,661.55 monthly payment.

Conventional loan with 20% down payment. Loan Amount $280,000 with a 7.000% fixed interest rate/7.060% APR for 30 years = $1,862.85 monthly payment.

Conventional loan with 3% down payment. Loan amount $130,950 with a fixed interest rate of 6.5% (6.859% APR) for 30 years = $860.43 monthly payment.

Conventional loan with Loan Amount $240,000 with a 6.625% fixed interest rate/6.711% APR for 30 years = $1536.75 monthly payment.

Conventional loan with Loan Amount $240,000 with a 6.625% fixed interest rate/6.767% APR for 15 years = $2107.19 monthly payment.

Payment is Principal & Interest only, based on a 790 credit score. Does not include amounts for taxes & home insurance premiums. The actual payment obligation will be greater. Final approval subject to credit review. Loan program examples are for illustrative purposes only. This is not a commitment to lend.

8 episoder