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Episode 9 - Buying a Home - What is a mortgage? And how do you get one?

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Content provided by Kelly Vandever. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kelly Vandever or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Most of us don't have the cash to buy a house.
The good news is there are a lot of banks and other lenders that would love to give you money to buy a house. The money they give you is called a mortgage.
Before a lender will give you a mortgage, they will evaluate 3 things first.
(1) Are you the kind of person who pays their bills
(2) Do you make enough money to pay a mortgage plus the other debt you owe
(3) If you can’t or don’t pay your mortgage payments, can we sell the house to get our money back
Find out more about what's involved with getting a mortgage in this episode.

  continue reading

93 episoade

Artwork
iconDistribuie
 

Fetch error

Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on December 28, 2022 21:30 (2y ago)

What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.

Manage episode 285003241 series 2286595
Content provided by Kelly Vandever. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kelly Vandever or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Most of us don't have the cash to buy a house.
The good news is there are a lot of banks and other lenders that would love to give you money to buy a house. The money they give you is called a mortgage.
Before a lender will give you a mortgage, they will evaluate 3 things first.
(1) Are you the kind of person who pays their bills
(2) Do you make enough money to pay a mortgage plus the other debt you owe
(3) If you can’t or don’t pay your mortgage payments, can we sell the house to get our money back
Find out more about what's involved with getting a mortgage in this episode.

  continue reading

93 episoade

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