On episode three of Closing Day, we address the process of choosing a lender and how to approach the financial piece of buying your first home all from a bank lender’s point of view. Kyle interviews Ronnie Stevens, a home lender at First Interstate Bank here in Missoula, Montana who has been working in this role for over 17 years. As a lender, Ronnie considers herself to be an educator, helping home buyers through this process that is often very confusing. She believes you can never be too early or too late when it comes to meeting with a lender so take advantage of the, often free, pre-qualification process
Topics addressed in this episode:
- Where to start when approaching the lending process
- The pre-qualification process
- How your credit score is determined and how to raise it
- What makes a good lender and benefits of a local lender
- HOA dues
- Different types of loans
- Property taxes and other pieces of a mortgage payment
Ronnie and Kyle address the above topics and more as they dive into the lending process for first time homebuyers.
*Resources: *
Credit Karma - https://www.creditkarma.com/
First Interstate Bank Home Mortgage Information - https://www.firstinterstatebank.com/personal/borrowing/mortgage/
Forbes Article - A look Behind the Curtain: How to Choose a Mortgage Lender - https://www.forbes.com/sites/moneybuilder/2013/03/26/a-look-behind-the-curtain-how-to-choose-a-mortgage-lender/#61e48e6f2a30
Home Buying Kit for Dummies by Eric Tyson and Ray Brown - https://www.dummies.com/store/product/Home-Buying-Kit-For-Dummies-6th-Edition.productCd-111919170X.html
Homeword Financial Education - http://www.homeword.org/our-services/financial-education/
You can contact Ronnie at veronica.stevens@fib.com or (406)523-4377
Visit our website to contact us and for more information about Closing Day!
You can also find us on Instagram @Closing_Day_Podcast and on Facebook at Closing Day Podcast.
Special Guest: Ronnie Stevens.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.