Whether you call them rules of thumb or general principles is irrelevant. Homebuyers, homeowners, mortgage loan originators and Realtors must tune into this episode. Save it. Share it. Love it!
D.O. and JC lay out the basic roadmap for being financially responsible. They teach you how to quickly figure out closing costs on a home, help you determine your monthly payment, educate on how much home one should purchase, as well as the max monthly payment based on household income.
They even go as far as why you should be leery of individuals with ‘Have a Blessed Day’ in their email signature or drives a Hummer…
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The Loan Officer Podcast