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If You Are Even
LET'
What's the cost of a "good" mortgage vs. a "bad" mortgage? (potentially Tens of Thousands in Interest over time)What's the cost of walking away from a "bad house" (potentially hundreds, thousands or even tens of thousands. )What's the cost of of not "shopping" for the best loan? (possibly hundreds or thousands of dollars out of pocket)What's the cost of a delayed closing? (Missing work, extra $$ to the moving company, daycare, hotels??) Seriously... Is it worth spending less than a nice dinner for 2 in order to potentially avoid ALL THIS?? (YES. )
If You Are Even
LET'
What's the cost of a "good" mortgage vs. a "bad" mortgage? (potentially Tens of Thousands in Interest over time)What's the cost of walking away from a "bad house" (potentially hundreds, thousands or even tens of thousands. )What's the cost of of not "shopping" for the best loan? (possibly hundreds or thousands of dollars out of pocket)What's the cost of a delayed closing? (Missing work, extra $$ to the moving company, daycare, hotels??) Seriously... Is it worth spending less than a nice dinner for 2 in order to potentially avoid ALL THIS?? (YES. )
Here's Just Some of What You'll Learn in the 50 + Video Course.
The types of loans available and pros and cons of eachCredit Scores and what you need to knowUnderstanding credit scores and tips to boost themOptions for Good, Bad and Ugly credit (from 0 down to rent to own)Who's credit score gets used?Interest Rates- It's not like comparing gas prices. When to lock your loan?What causes them to go up or down?What do lenders look for?The 4 C's (capacity, capital, collateral, and credit)The Down paymentThe importance of a paper trailHow do closing costs work and how much is that? Who pays for them?Employment rules and issuesHow your income and liabilities are looked atSpecial notes for business owners and those who already own other real estateAll about the moneyFiguring out your budget and affordabilityHow does the loan process work?Picking the Right TeamHow to shop for a loan officerHow to pick a real estate agentChoosing a home inspectorGetting home owners insurance Why working with a financial advisor before and after can make senseTypes of properties to buyBuy existing, new construction or renovation loanThe difference between a Single Family home, townhome, condo & mobile homePrimary Residence, 2nd Home or Investment Property?
What To Look For. (in your Loan Officer, Realtor, and Your New Largest Asset. )
* Big Bank or local broker? Correspondent or Credit Union? * Should You Work with Friends and Family??? * How do you know you're getting the "best" deal? * What questions you need to ask. * How to choose the "right" agent. * The 1 thing you MUST do EVERY time. * The RIGHT way to actually "shop" for a loan. (Most people do this totally wrong. )
What To Look Out For. (Insider Expert Reveals What You Need to Pay Attention To. )
* How to know you're getting the BEST loan for YOU. * When does getting an "ARM" make sense? * The Top 9 Reasons your closing might not happen. * Are your fees "reasonable"? * How do Interest Rates work? * The 5 Signs you might want to work with someone else.
How To Get Your Credit Up.
* Which things HELP your credit scores and which HURT them? * How long does it take to possibly increase your credit score? * How low of a credit score can you have and still possibly get a mortgage? * The FAST way to increase your scores and the SLOW way to do it. * Resources to
Do You Want to Close On-Time?
* What are the top 9 reasons for delayed or canceled closings? * What can YOU do to help make sure you close on time? * What 5 things could make the process a nightmare? * Follow this calendar to know you're on track. * Why you shouldn't just rely on your lender.
StressFREE or StressFULL... Your Choice.
Some people have a GREAT Home Buying experience, Stress-Free, fun and "not a big deal" at all. While others say it's one of the most What makes the difference? What you DON'T know CAN hurt you. Knowledge is power and wouldn't you want to be in the best position you can and know all the facts?? Of course you would.
From Home Buyers just like you, to Realtors, to Insurance Agents and others "in the business", everyone agrees that there is A LOT to learn and understand in the Home Buying Process. Finally... there is a comprehensive, easy to follow, all-in-one place to prep yourself for one of the biggest purchases in your life.
Stacy A.
My husband and I just closed on our first house- our dream home. We have had some heartbreaking experiences in the past that left us very nervous and with little hope that we would ever be able to purchase a home. Thanks to Home Buyer Roadmap our mortgage process was amazingly easy. As first time home buyers it can be an overwhelming and scary process and some lenders leave you feeling unsure and unprepared. I would absolutely recommend Home Buyer Roadmap to anyone buying a home.
Sometimes you "don't know what you don't know" and once you learn the basics of the Home Buying process, you realize that you're closer to becoming a Home Owner than you thought.
Jared S.
This course has been a pleasure to go through and I appreciate the time they have taken to answer my questions and explain financing options to me. Jesse and team are very knowledgeable of the finance industry and feel that he has been an advocate on my behalf throughout the process. I enthusiastically recommend Home Buyer Roadmap to anyone looking at financing a home anytime soon.
What You NEED to Know to Have a Fun, Stress-Free Home Buying Experience.
Home Buyer Roadmap "Your Roadmap to Homeownership"
No Worries. The Product Comes With A
30 Day Money Back Guarantee
30 Day Money Back. If you go through the entire course and don't feel you've learned anything new or feel more prepared than you did the day you bought this course, we will happily refund you ALL the money you paid at that time. We are Confident this will teach you SO many things that can help increase your credit scores, know how to "shop" for the right people on your team (potentially saving more money and time) and how to have a stress-free experience (hard to put a price on that. ), we KNOW you'll love it... and if not, we'll make it right.
Thank You so much for your trust in me and this online course. Give yourself a pat on the back.. seriously... because you rock! You're the kind of action taker that wants to know all there is to know, be prepared, and get a great home and a great loan while having an awesome experience. My goal is that after completing this whole course, you'll be in that position!
Be sure to go join our FREE Facebook Group- Home Buyer Roadmap!
WHY do you want to buy a home? "Safer neighborhood for kids", "Better schools", "Leave a legacy for your family", "Be in control of where you live and what you can do" or to "not waste money making someone else wealthier"?
These are all just some of the great reasons to buy a new home!
You may be asking, can't I just "google all" this info? Or, shouldn't I be hearing this from my loan officer and agent? Well.... there's information and then there's GOOD and ACCURATE information. Besides, you have access to this in any order, any time you want! And for life!! :) Watch the video for more reasons why!
First time home buyers... move-up buyers, those who haven't purchased a new home in 5-10 years and want to know how the "new world" of mortgages and buying a home work!
Anyone who wants a home and wants to be armed with up to date info to get the best loan and have the best experience possible!
Here's what to expect and what you'll walk away from this course with!
Who am I and why listen to me? Good question! :) Watch to find out!
There are definitely a lot of moving parts in the home buying and mortgage world!
Do you want a smooth, relaxing time doing this? I thought so! :) Then it's important to do it in order!
There are a handful of key players involved in the mortgage and home buying process! Each one plays a very important role. How do you find that "dream team"? Watch to learn more!
Picking a loan officer is one of the biggest steps of the whole process (in addition to picking your agent)! There's things to look for and to watch out for! Watch the video for all the details and you'll be ready to go!
This is your partner in crime, your trusted guide, your consultant and your trusted advisor. AKA your home match maker! It's very important you pick an agent with experience, your best interest at heart, cutting edge tools and technology and someone you feel comfortable with.
Your Home Inspector is one of the first crucial team members that will tell you if your maybe crazy for buying that property you fell in love with or at least what could go wrong, what might need to get fixed right away or down the road, and should put your mind at ease.
You are on the process to getting one of the biggest assets in your life... congrats! And what do you do with really important things you love and want to take care of?? Insure them! :)
There's lots of insurance companies and agents out there. How do deductibles work? How can you get a lower premium? What gets covered and what doesn't? Watch to find out more! Our resident "pro" Agent Sharlene Downs has 28 years experience helping homeowners (and renters) get the right insurance coverage they need!
If you want to ask Sharlene any questions or get a quote (and you really should!), give her a call at 952-934-7329! She knows her stuff and has amazing service!
Getting a mortgage and buying a home is one of the biggest financial decisions you'll make in your life. That decision will effect all other expenses and investments in your life. Doesn't it make sense to consult with a Financial Advisor (aka Financial Planner) both BEFORE and AFTER you get a home?
Most properties you'll look at will fall into 2 main categories, Existing homes or New Construction/New Built. There is also a cool "hybrid" option which is doing a Renovation Loan on an existing home!
When it comes to picking out a home, most homes fall into these categories: Single Family, Condo, Townhome, or Mobile home. Watch the video to find out the benefits and drawbacks of each!
When you're getting your mortgage, you will have to pick your "occupancy status" from one of three options: Primary Residence, 2nd Home or Investment Property
You can choose between a Fixed Rate Mortgage or an Adjustable Rate Mortgage. There are different terms as well, such as 30 year, 20 year, 15 year and 10 year terms. Why is each one good or bad for you? Watch to learn more!
These are the "big 3" types of loans most people choose from. Conventional (also known as "Conforming"), FHA and VA loans.
USDA (also known as Rural Development)
Jumbo Mortgages
Reverse Mortgages
Special guest Jackie Lalonde, one of the top loan officers in her state for "First Time Homebuyer Loans" goes through all the details... what credit scores are typically needed, income limits and caps, the variety of programs, etc.
Let's set the record straight!
Is it really bad to have your credit pulled?? If so, when & how much? What is a "good" score and what's "bad"? How do you boost your credit? Watch and learn!
There are many different credit scores out there. How low of a score can you have and still get a mortgage? What sort of things drop your score like a rock and others will give them a nice boost? Watch the video to learn more!
How "much" credit should you have? For how long? What if you have "no credit" at all? Follow these steps to learn and make the appropriate changes to get going!
Not everyone gets the same thing... why? Watch to find out more!
During the loan process, your interest rate will either be "floating" or you will be "locked in". What do those mean exactly and when should you do them? It depends on a few factors as well as your risk tolerance (and if you're a gambler or not!) Watch for more details!
Feel like you're totally lost on how interest rates work? Don't worry! You're not alone! We take a complex subject and break it down for what you need to know to understand how things work and how it applies to you!
What are the 4 C's?? Well, it's everything that a bank or lender judges you on whether or not to give you money! The better these look, the better rate and loan you'll get! The worse these look, the fewer options you'll have (if any) and the rate you get won't be as good. Watch to get your learn on! :)
Oooohhh this is a good one! Two of the biggest questions people ask are "How much money down do I need?" and "What's my credit score need to be?" I bet you the down payment you need is LESS than you think it is! :) How much do you need? Where can the money come from? How do you prove it? All these answers and more.... click "play" to get your learn on!
Folks, this is CRUCIAL! If you want a hassle free experience, if you want to be FULLY prepared upfront, it takes a little planning and have a complete "paper trail" for everything. This can mean the difference between a fun, easy loan process or a denial!
Your income and how you get it is very important! There are different rules depending on the type of employment or income you have. How long do you need to be at your job? How long do you need to have your business for? What if you work part time? All these answers and more in this section!
P.S. This is the section to watch especially in the "planning stage"! :)
What's your "DTI" needed to be in order to get a home? What the heck is it? Well, it all comes down to the income coming in and expenses going out. Learn more by clicking play above!
If you are Self-Employed (whether as a "side job" or your only source of income), there will be a little bit more you will have to provide in addition to a few more questions. Likewise, if you already own real estate (like a 2nd home/cabin or investment property), all of that info (and the proof of it) will need to be given to your lender. Watch this video for more details on the how and the why!
Do you have champagne taste on a beer budget? Sure, we all do! :) But it's super important that while you want your "dream home", you have to keep in mind you need to afford it AND all the other things in your life. The time to think about budgeting and affordability is not AFTER you already bought the house! :)
There IS a difference between being "pre-qualified" and "pre-approved" and if you don't know what it is... you BETTER watch this! It's quite different!
The section goes over ALL the steps in the process from start to finish in a good little summary. We've gone deeper into each section before but this is sort of how it all comes together and the order! :)
Ahhh closing costs! Fun fun :) This section will help explain what "actual closing costs" are, what you're paying for, who pays for what, and what you should expect! We'll have a couple more with detailed breakdowns of the forms later!
What exactly is Title Insurance and why do you want it (and why does your lender "require" it)? It's a very important part of the process and we've got industry expert Ashley Selle here to tell us all about it!
Half Art. Half Science. The appraisal is a crucial part of the loan process. Since the home you are buying is collateral for the loan, its super important that everyone knows how much it's worth. Are you overpaying? Underpaying? The appraiser is the one that knows! It's a required step and expense and here's more about why and how it works.
Since this is one of the biggest purchases you'll probably ever make, you'll wan to get an idea of what ALL the numbers are and there's good times in the process to do that upfront, in the middle and at the end. You don't need to be an expert but knowing what to look for (and why) is important. Watch to find out more!
Hopefully you've watched ALL the videos here so far :) BUT... If not, THIS ONE is SUPER Important! If you want a fun, no-stress experience... it's crucial you understand how the timeline works and follow these tips!
This form is probably the most important form to look at (in addition to the final Closing Disclosure) in the process. When you are comparing lenders, THIS is what truly allows you to compare "apples to apples", otherwise, there are too many unknowns and it's too vague.
* Head's up, this is a little lengthy, but I explain on a high level about the fees and what to look for and ask in the first 6-7 minutes and then get into the "line by line" after that.
The Loan Estimate (aka "LE") replaces what used to be called the Good Faith Estimte. This must be sent to you within 3 business days of the actual application. Once you are "final approved or Clear to Close", you will get a "Closing Disclosure" which is a form just like this except showing you the Final numbers now.
This will tell you the estimate upfront of what your:
Yes, you heard that right! :) It's as simple as 3 steps!
Step 1. Complete this course and take the quiz at the end.
Step 2. Share your experience with friends & family by posting a review on Facebook and tagging "@HomeBuyerRoadmap" in the comments (and let us use your review/testimonial).
Step 3. Work with any one of the top-rated professionals in our network to help you with your mortgage, real estate, insurance, home inspection or financial planning needs and you will be FULLY reimbursed the entire cost of this course!
*Plus, if you use one of our preferred Lenders or Realtors, you will also receive up to $250 OFF your closing costs! :)
We only work with top rated professionals with years of experience and raving reviews. Contact us for more details by booking a time to speak with us at www.CallJesse.net
I realize this is A LOT of info to take in but there are some BIG things that will make this process really smooth, fun and easy. There are also a few things that could possibly delay (or even "kill the deal") and it's important you follow these DO's and DON'Ts!
You NEED these awesome tools if you want to make your life easier and the process more fun!
Jesse's Mobile App- This contains an awesome Loan Calculator to get accurate payments while you're out house shopping. Super accurate and EZ to use. Click Here to Get this app!
CreditKarma.com- A great FREE resource to check your credit, get good tips and know when you're ready to begin the actual loan application! Click Here to get your Free Scores!
Mint.com- I've personally been using this app & site for years. It's an awesome way to see how much money you're spending, keep track of your budget (or create one!), and have all your savings info and debts in one place! Start Your Budget and Track Your Expenses Now!
CamScammer- IF you don't have a scanner at home or at work, download this FREE app and you can take a picture with your phone of any document and then have it available for uploading in minutes! Download this app!
Schedule your credit consultation with us by going to www.CallJesse.net There you can book the day & time that works best for you. Follow the instructions on the booking page so we're prepared for our call! We can do a "virtual meeting" if you have a computer/laptop with a webcam (or a tablet) or a phone call. Let us know which one you prefer!
Congrats!! You did it! You made it to the end and are ready for the big exam! ha ha (ok, it's not that big and more of a quiz than an exam). Be sure to take the quiz and share your results via Facebook, Twitter or LinkedIn so your friends know how smart you are!!
**Remember, taking the quiz and giving us a testimonial on Facebook are part of the steps to getting this course for FREE!
Here's the link below and good luck! :)
Now that you've been through the whole course and are prepared and ready for the home buying process, what's next?
Well, use our HBR Checklist to get started, whether you're looking to buy right now or down the road, this will help you know what to do and keep you on track!
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