Smart Mortgage Show with Bill Litton Bill Litton

You don’t have to own multiple properties to make real estate a key piece of your retirement nest egg. In fact, we always say that anyone who owns a home is a real estate investor, and that can put you in a great position many years down the road.
Today we’re going to talk about building wealth through real estate and explain a mortgage can help you grow your nest egg significantly over 30 years. And by pairing that with a straightforward investment strategy, you might be able to accomplish more than you imagined.
 
Here’s some of what we discuss in this episode:
0:00 – Intro
2:27 – A home is an investment
4:12 – Real estate value growth over time
7:56 – Why doesn’t everyone do this?
9:53 – $3 million nest egg achievable?
13:31 – Final thoughts
 
CONTACT:
Schedule a time to meet with Bill here: https://calendly.com/blitton/
Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/
Call: 484-352-4151.
Check us out on YouTube: https://bit.ly/3KbUxAF
 

In this episode, we’re going to provide you with a market update and some historical data to explain why we don’t feel like there’s a housing bubble. We’ll also share with you reasons that it could actually be a good time to buy a home. If you’re worried about home prices and your market timing, this episode should help answer some of your questions.
 
Here’s some of what we discuss in this episode:
0:00 – Intro
2:08 – Market Update + Historical Data
14:27 – Current Financing Trends
23:36 – Credit score question
 
CONTACT:
Schedule a time to meet with Bill here: https://calendly.com/blitton/
Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/
Call: 484-352-4151.
 

This month’s full podcast will tackle the problems that typically pop up during the mortgage process along with the top mistakes that we usually see people make.  
 
We lead things off with an October mortgage update, which will talk about rates remaining higher than many economists predicted. Will they be coming down soon or should you anticipate fixed-rate mortgages staying in this range for another year or more? Plus, we’ll explain the cost of waiting and why you need to take that into account before waiting for rates to drop. 
 
Our main topic is all about problem-solving, which is an overlooked part of what we do as mortgage lenders. Cross Country Mortgage puts in a lot of time early in the process to help you navigate any potential issues, and we’ll share all that today.
 
Finally, we’ll address a great question that came in to us recently about the top mistakes people make during the mortgage process so check it out to see what you need to avoid. 
 
Here’s some of what we’ll discuss in this episode:
0:00 – Intro
1:53 – October market update (rates & housing market)
10:37 – Problem-solving during the mortgage process
20:58 – Biggest mistakes in the mortgage process
 
CONTACT: 
Schedule a time to meet with Bill here.
Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info.
Call: 484-352-4151
Check us out on YouTube: https://bit.ly/3KbUxAF
 

Anyone in the market for a home wants to do everything they can to close the deal, especially in a market with low supply and competitive bidding. It’s common that not only will your real estate agent help with that, but they’ll do so in tandem with a mortgage lender.
 
The main focus for today’s show is on that agent-lender relationship and what benefits a strong team can provide a homebuyer. Plus, there’s plenty to talk about as we head into the month of September in terms of interest rates and what the latest uptick means.
 
And we’ll close out the show with a great question on new home construction and securing a mortgage for that versus an existing home.  
 
Here’s some of what we’ll discuss in this episode:
0:00 – Intro
1:49 – September market update
10:40 – Benefits of a good agent-lender team
22:37 – Mortgage Mailbag: New home construction loan vs existing home
 
CONTACT: 
Schedule a time to meet with Bill here.
Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info.
Call: 484-352-4151
Check us out on YouTube: https://bit.ly/3KbUxAF
 

In this episode, we’ll tell you about three core principles of our business at Cross Country Mortgage and why they’re often underappreciated. Plus, we’ll give you a market update for August as we continue to watch rates and the Fed’s actions.
We’ll also tackle two great questions on the show today about using mortgage calculators and whether it’s a bad idea to have a co-borrower on your home purchase.
 
Here’s some of what we’ll discuss in this episode: 
0:00 – Intro
2:08 – Market update: Will rates begin to start coming down?
5:25 – 5.5% mortgage rates should be the inflection point for more market movement
9:35 – Our process is relationship-driven
12:37 – Why we make communication a priority
17:25 – How we work to educate everyone we work with
21:16 – Mortgage mailbag: What’s your favorite mortgage calculator?
23:54 – Mortgage mailbag: Should I use a co-borrower to purchase my home?
 
CONTACT: 
Schedule a time to meet with Bill here.
Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info.
Call: 484-352-4151
Check us out on YouTube: https://bit.ly/3KbUxAF
 

No matter how prepared you are going into an early meeting with your mortgage lender, there’s bound to be something you forget to ask. Everyone will have their own set of questions that pertain to their homebuying process, but there are a few that we encourage everyone to ask and get answered.
 
Here’s some of what we’ll discuss in this episode: 
0:00 – Intro
2:08 – Market update: inflation data & debt ceiling
6:46 – Main topic: Questions to ask your lender
8:10 – Question 1: If interest rates decrease, can you offer a lower rate after loan is locked in?
10:35 – Question 2: Will you be able to provide payment and cash to close numbers on homes we’re interested in?
12:18 – Question 3: Is the rate guaranteed?
16:21 – Mortgage mailbag: Does pre-approval hurt my credit?
 
CONTACT: 
Schedule a time to meet with Bill here.
Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info.
Call: 484-352-4151
Check us out on YouTube: https://bit.ly/3KbUxAF