The Active Duty Passive Income Podcast From Homeless to Homeowner: Ted Canto Shares a Powerful Story of Resilience and Real Estate | Ep 369
Navigating Real Estate and Mortgages with Ted Canto
In this episode of the Active Duty Passive Income Podcast, Marky sits down with Ted Canto, a seasoned entrepreneur, loan officer, and mortgage expert, to dive deep into financial literacy and real estate for military families. They discuss common pitfalls in buying homes, understanding credit scores, and the importance of being 'brilliant in the basics.' Ted also shares his inspiring background as a son of a political refugee and his journey into the military and mortgage industry. The discussion covers key strategies like managing credit, utilizing VA loans, and understanding economic climates. Ted also touches on his passion for life coaching through his initiative 'Men to Kings.'
Episode breakdown:
00:00 Introduction to Credit Management
00:57 Welcome to the Podcast
01:42 Meet Ted Canto: Background and Journey
03:15 Common Mistakes in Home Buying
05:00 The Importance of Credit Reports
07:22 Real Estate and VA Loans
07:46 Tanisha's Inspiring Story
12:00 Understanding Closing Costs and Seller Contributions
20:28 The Value of Buying Down Rates
21:19 Seller Contributions and Buyer Expectations
21:58 Understanding Financial Tools and Preparedness
22:58 Consultative Approach in Loan Processing
26:10 Economic Climate and Interest Rates
28:32 Macroeconomics and Public Sentiment
32:24 The Importance of Financial Education
33:58 Ted's Passion Beyond Real Estate
36:02 Current Housing Market Insights
38:46 Conclusion and Call to Action
Connect with Ted and his Men2Kings coaching program here: men2kings.com
For any of your mortgage lending needs, contact Ted here: tcanto@canopymortgage.com
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