Get the right mortgage so you can build wealth and financial security, whether you’re buying your first home or are an experienced investor. Unlock the secrets and tips you must know to get the best rate and the perfect loan from mortgage expert John Downs from Vellum Mortgage.
Winning a Bidding War
Many areas around the country are experiencing an inventory crisis where there are simply not as many houses for sale as there are buyers. As a result, it is not uncommon to see 5-10 people bidding on the same house. In this episode of Mortgage Secrets, John will give you a unique perspective on what it takes to write a winning contract. You’ll realize, it can be about much more than the price!
All About Closing Costs
In this episode of Mortgage Secrets, John talks all about closing costs. What are they? What kinds are there? How much does it vary? John breaks down the different fees associated with closing, and he explains why your estimate might change if your loan officer isn’t paying attention to the details. This episode covers what you need to know before you make a final decision on a lender, so you don’t end up surprised!
All About Mortgage Rates
Mortgage rates can be pretty confusing, particularly if you’re a first-time home buyer overwhelmed with “lowest rates available.” Many lenders use misleading marketing tactics! Do you wonder how loan officers even come up with those numbers that make up your mortgage quote? In this episode John breaks down what all goes into a mortgage loan rate, why the best available rate on a given day may not be as significant as you think, and how choosing the best loan product comes down to what your life goals
How To Shop For A Mortgage
Signing up for a mortgage is a hefty commitment that goes beyond a monthly payment. You’ll be starting a long-term relationship with a loan officer, so you’ll want to make sure you pick the right one. This episode dives into what makes a loan officer worthy of your business—and friendship.
How To Build Wealth Through Home Ownership
What if we said that everything you’ve been told lately about how “buying a house is not an investment” wasn’t true? In this episode of Mortgage Secrets, John Downs of Downs Capital shares three real-life examples of ordinary people building wealth through real estate—and it all started with doing the numbers, taking a leap of faith, and buying that first property.
Choosing The Perfect Property
In this episode of Mortgage Secrets, John dives into the world of mortgages and picking the right property, explaining what most people don’t know about construction loans (and why you probably won’t get one without a plan) and how buying instead of renting can actually save you money. Regardless of what you end up choosing, remember: Buying a house is all about you and your long-term goals!