Episode #36 Behind Closed Doors: An Exposé on American Finances with Underwriter Joe Coulter

00:00 Joe's Journey into the Mortgage Industry

02:52 Behind Closed Doors: Million Dollar Homes

05:25 The Buying Power of High Dollar Earners

10:42 Savings & Investments of "Rich" Americans

13:18 Earnings and Buying Power of "Average" Americans

15:14 Americans and Their Debt

17:32 Impact of Rise in Interest Rates & Home Values

21:22 Cautionary Tales and Warnings on Cash Out Refinancing

27:55 When & How to Seek Expert Advice on Home Buying

In this fun and yet sobering episode of the Cupalo Conversations podcast, host Lauren Hannon sits down with Joe Coulter, a senior underwriter with over 15 years of experience and more than 10,000 mortgage loans under his belt. Together, they explore the often hidden truths about how Americans—both average and affluent—really manage their money.

From paycheck-to-paycheck living in multi-million-dollar homes to the common mistakes people make with cash-out refinances, Joe pulls back the curtain on the financial habits that most of us don’t talk about with friends such as...

How even those with $100,000+ monthly paychecks may be one missed payment away from returning their luxury cars.

The pitfalls of repeatedly using home equity to pay off debt and the long-term consequences.

Why pouring hundreds of thousands (or millions) into home renovations rarely pays off in full.

Rich in juicy stories and expert advice, Joe unveils what real Americans are earning, spending, and struggling with in today’s economy. Don’t miss this fascinating behind-the-scenes look at personal finance!

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