Mortgages Made Simple with Rick Gundzik

Sunday, July 29, 2007
First Time Homebuyer Programs - July 29, 2007
This week we discuss Mortgages Made Simple logoFirst Time Homebuyer Programs. What type of down payment assistance is available, if any, and are there any special loan programs. You may be surprised by the answer.

And we answer a listener's question regarding stated income loans.



Show Notes: FHA = Federal Housing Administration, Fannie Mae = Federal National Mortgage Association

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posted by Pac Res @ 10:41 AM   0 comments
Sunday, July 22, 2007
What is a Home Equity Loan - July 22, 2007
This week we explain Mortgages Made Simple logoWhat a Home Equity Loan is. Is it better to get a fixed rate or adjustable rate. Are they expensive, do they save me money, are they a good financial tool. Where is the best place to get one? We answer these questions and more.

And we give you a quick comparison of PMI versus MIP.



Show Notes: HELOC = Home Equity Line Of Credit, PMI - Private Mortgage Insurance

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posted by Pac Res @ 6:48 PM   0 comments
Sunday, July 15, 2007
How difficult is it to sell my home - July 15, 2007
This week we discuss Mortgages Made Simple logoHow to sell your home. Is it better to use a real estate agent or do it yourself? We outline the pros and cons and provide you with the information you need to make the right decision for your situation.

And we give a quick definition of reverse mortgages.



Show Notes: FSBO = For sale by owner

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posted by Pac Res @ 10:20 AM   0 comments
Sunday, July 8, 2007
What Information Do I need to provide for a new home loan - July 8, 2007
On this edition we answer the question Mortgages Made Simple logo"What information do I need to provide to my loan officer? " We give you a brief checklist of the items you will need to gather for a quick and simple loan transaction. Will you need W2s, tax returns or what? We get to the bottom of this and more.

And we answer a listener's question about Yield Spread premium.

Click here to find out What information do I need to provide to my loan officer?


Show Notes: Click here for a simple Checklist



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posted by Pac Res @ 10:18 AM   0 comments
Sunday, July 1, 2007
When is a 30 year loan not a 30 year loan - July 1, 2007
On this edition we discuss Mortgages Made Simple logoWhen is a 30 year loan not a 30 year loan. How many years can you reduce your loan term if you make extra payments on your loan? We also discuss if paying off your loan is a good idea.

And we answer a listener's question about MI - Mortgage insurance.



Show Notes: LTV = Loan to value, Link to Amortization Calculators
Yahoo Calculator
Bankrate calculator

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posted by Pac Res @ 10:16 AM   0 comments

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Helping you to understand mortgages and get the best home loan possible.

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