Jeff Welgan

Jeff Welgan, a seasoned lender based in Los Angeles, shares insider knowledge tailored for real estate investors. He discusses lesser-known loan options that can offer interest rates around 4%, even for those with low credit scores. Jeff reveals the significance of innovative programs like interest-only loans and highlights strategies for maximizing seller credits to reduce interest rates. The conversation also speculates on potential mortgage rate trends leading into 2025, making this a must-listen for savvy investors!

Jeff Welgan, VP of Investor Lending at Bluprint Home Loans, shares his expertise on the current decline in mortgage rates and what it means for investors. He discusses the impact of Fed decisions and job data on rates, and explains the concept of 'rate floors' alongside builder incentives lowering mortgage costs. Jeff compares DSCR loans to conventional options, providing insights on when to choose each. He also emphasizes the importance of timely year-end purchases for tax advantages, advising listeners to be proactive in their financing strategies.