Home Loans Radio 05.10.2025 With That Mortgage Guy Don Happy Mothers Day weekend- Its time to get a Heloc

Home Loans Radio 05.10.2025 With That Mortgage Guy Don Happy Mothers Day weekend- Its time to get a Heloc

Episode Transcript

Speaker 1 (00:00):
It's time for Home Loans Radio on real Radio with
that mortgage guy Don. Join the conversation text us at
seven seven zero three one. Now here's that mortgage guy Don.

Speaker 2 (00:13):
Hey hey, hey, hey, hey hey hey, good morning. Welcome
to the Home Loans Radio Show with that mortgage guy Don.
That's right, it's me. We're here. We're doing what we
do every single Saturday. Good morning, MJ, Good morning, Good morning,
mister Fritz. So yes, oh yeah, welcome to the show.

(00:35):
What do we do here? What do we talk about here?
Every week? M Jay?

Speaker 3 (00:38):
National Shrimp Day.

Speaker 2 (00:39):
National Shrimp Day, shrimp, boiled shrimp, fried shrimp, buffalo shrimp, shrimp,
vegan shrimp.

Speaker 4 (00:52):
Buffalo shrimp. How do they do that?

Speaker 2 (00:56):
Uh, they just put buffalo sauce on them after they
fly and.

Speaker 3 (00:59):
They toss'm in buffalo sauce.

Speaker 4 (01:01):
It don't put shrimp sauce on buffalo.

Speaker 3 (01:03):
M all right, it could be. I mean now, I
feel like that would make a buffalo taste better.

Speaker 4 (01:10):
I don't know either.

Speaker 3 (01:12):
I've never tasted a buffalo.

Speaker 2 (01:15):
I don't believe I've tasted. I might have. I might
have had a buffalo steak somewhere along the line. It
wasn't super memorable, but welcome, Welcome to the Home Loans
Radio show with that mortgage guy.

Speaker 3 (01:26):
Don talk about mortgages.

Speaker 2 (01:28):
We talked about. Oh that's I. I triggered your memory.
There the memory pistons fired.

Speaker 3 (01:34):
That's what happened.

Speaker 2 (01:36):
How are we doing on this fine Mother's Day weekend?
All right, yeah, well, there you go. We're here. We're
doing it live every single Saturday, the most talked about,
the most listened to, the most heard about, the only
live show right here on Real Radio one to four
point one every single Saturday morning from nine to ten

(01:59):
thirty in the morning. And guess what you're here for it?
Why you are?

Speaker 4 (02:05):
Where else would you be?

Speaker 2 (02:07):
Well, I don't know where else would you be?

Speaker 3 (02:11):
Well tell me where you are.

Speaker 2 (02:12):
Oh yeah, this is a live show. There you go.
Thanks for reminding me. I'm jay. This is a live show.
You text into seven seven zero three one joined the conversation.
Tell us what you're doing out there? Where you're going?
Why in the world are you driving around on a
Saturday morning and listening to a show about mortgages? Huh,
explain yourself.

Speaker 3 (02:29):
Maybe you're not driving around, Maybe you're saddled up around
the around the radio.

Speaker 2 (02:33):
I thought you're gonna say, around a ranch.

Speaker 3 (02:35):
Your note pad out, ready to go.

Speaker 2 (02:37):
I bet they are exactly less than one person doing that.

Speaker 3 (02:41):
And if that is you, I see you, I applaud you,
I see you.

Speaker 2 (02:44):
There you go. I do have people all the time
that tell me, in particular, first time homebuyers will tell me, oh,
I've been listening to your show for a year getting
ready to buy my house, or I've been listening to
the podcast you know for a year getting ready to
buy my house. And a guy recently in South Dakota
tell me a story like that that you wanted to
know if we could do loans in South Dakota. He
emailed me, and so I've been listening to your show

(03:06):
for a year in South Dakota. I was like, wow,
all the way up.

Speaker 3 (03:10):
There, shout out to South Dakota right now, shout.

Speaker 2 (03:13):
Out, yeah, Oliver, Pierre, Oliver, let's go South Dakota. Why
do you say, Pierre, that's the capital. Oh okay, there
you go, there you go. I thought you were just picking,
like what you thought a generic citizen.

Speaker 4 (03:30):
Everyone in South Dakota.

Speaker 2 (03:32):
Francois Pierre, Well, I've got everybody in Pierre's name, Pierre, Yeah,
must be what's your name, sir, Pierre? Now I know
where you live. What's your name, sir?

Speaker 3 (03:47):
Well, South Dakota. That's the tropical one, right, yeah, that
is the more Dakota's. I want to go to the
tropical one.

Speaker 5 (03:58):
Yeah, South, It's got slightly better, right, Yeah, that's where
I want.

Speaker 2 (04:02):
To be, especially once you get across the border. Well,
there you go. Here, we are doing what we do.
You can texts, as the man was saying, texting a
seven seven zero three one all during the show, tell
MJ what you're doing. You can ask any kind of
mortgage question you want, anything having to do with the
real estate, buying a home, selling a home, refinancing, reverse mortgages.

(04:24):
We also also do business loans, SPA loans, commercial loans, helocks,
home equity, lines of credit to any of that kind
of stuff. You're trying to figure out what's going on
with the property. Text in your question right here live
to seven seven zero three one during the show and
I'll answer it here all during the week. You can
go to the website that mortgage guide don dot com
right there on the internet. It's so easy to get

(04:45):
there and so many fun things to do once you
are there. What's what's going on? Oh? I wanted to
talk about I walked outside this morning, okay, and everything
smells like smoke like we had a forest fire. Really,
which is crazy because it's been raining like a lot
of rain.

Speaker 3 (05:02):
I mean where I was, it rained a lot yesterday.

Speaker 2 (05:04):
Hopefully the lightning didn't start some storm somewhere. Have you
been Have you been getting a lot of rain over
where you are, Frits.

Speaker 4 (05:11):
Yeah, we had a couple of down pours last night.

Speaker 2 (05:13):
You know what that means? When the weed when I've
had rain, like four four days in a row, I think,
uh out in the weird in Springs area.

Speaker 4 (05:21):
Means you got to start cutting your grass.

Speaker 2 (05:23):
Oh well that's been happening. But it also means that
all the all the weeds are going to come out.
Mm hmmm hmm yep, it's weed time. Yeah, pol weeds
every day.

Speaker 3 (05:38):
Oh okay, sad kind there you go.

Speaker 2 (05:46):
Mm hmmmmm.

Speaker 4 (05:48):
That was you know, weeds were springing up.

Speaker 2 (05:51):
Yeah, Louis fourteen, I want to call him Pope Bob.

Speaker 4 (05:57):
People, Yeah, Pope Bob is a better name.

Speaker 2 (05:59):
All right. Can you imagine Pope Bob where's he from?
Uh well, they're having and.

Speaker 5 (06:08):
Uh yeah, there's a clip going around of him at
the two thousand and.

Speaker 4 (06:12):
Five World Series.

Speaker 2 (06:13):
M Oh really, what did he do?

Speaker 4 (06:15):
It was him in the crowd.

Speaker 5 (06:17):
They just went to him and it was him and
his family, but they were they were watching.

Speaker 4 (06:21):
I think it was the last.

Speaker 2 (06:22):
Game, so I guess. But now he's Pope Louis Leo.
But was he before? Was he Cardinal Bob?

Speaker 4 (06:31):
I don't know, all right, I can researchers on it.

Speaker 3 (06:35):
Maybe bishop.

Speaker 2 (06:36):
I don't know who's hired cardinals. Bishop is like in
charge of a diocese, like like the diocese is more
like a big county. And then so there's several dioceses
in a state, and then the cardinals are.

Speaker 3 (06:49):
In charge of popes like the president.

Speaker 2 (06:53):
Yeah, sure, no, I get it.

Speaker 3 (06:57):
I get only answers to guys.

Speaker 2 (06:58):
I don't know if he'd want you to say that.

Speaker 3 (07:00):
Yeack.

Speaker 2 (07:00):
Oh.

Speaker 4 (07:00):
Let's see. Back in two thousand and five, he.

Speaker 5 (07:04):
Was the Prior General of the Order of Saint Augustine.
So he was a prior in twenty one to twenty thirteen,
and then twenty fourteen to fifteen he was the titular
bishop of SOO far and then just kept getting promoted
and then he was cardinal Bishop of Albano.

Speaker 2 (07:23):
But yeah, I think you have to have to work
your way up to cardinal and then you're in the
running for the pope business.

Speaker 5 (07:29):
Yeah, you got to start in the mail room and
then you go to the boardroom.

Speaker 3 (07:33):
That's right, that's right, Well, there you go. Har'd work
a lot of coffees.

Speaker 2 (07:39):
He seems like someone who's not afraid of an opinion.

Speaker 3 (07:42):
Definitely that definitely agree with that.

Speaker 2 (07:44):
But they said that the reader that he was, he
wasn't even in the in the odds making, in the
in the book making of who would be chosen. But
they said that they thought overall he would be the
best coalition builder, the best bringing nations together person.

Speaker 4 (07:57):
So he's also his first pope who's like baseball.

Speaker 3 (08:00):
I think it's pretty exciting an American.

Speaker 2 (08:03):
Right, Well, how many popes could have liked liked baseball?

Speaker 4 (08:06):
I don't know they. I mean, there's a couple of
Americans who.

Speaker 2 (08:09):
Like cricket, right Yeah, yeah, I mean, but there's only
been so many popes since baseball was invented. It was
kind of where it was going on.

Speaker 4 (08:15):
It's only been around for three hundred years baseball.

Speaker 5 (08:18):
Oh yeah, since eighteen forty or eighteen fifty.

Speaker 3 (08:23):
Well, they be new modern sport of baseball, very exciting.

Speaker 2 (08:28):
Well, they've been poping it for a thousand years, is
that right?

Speaker 4 (08:34):
All right?

Speaker 2 (08:35):
Pope? Talk right here now you're listening to the Home
Loans radio show with that mortgage guy Don that's me.
That's right. We're here. We're doing the thing, doing the
do you can text in tell us what you're doing
out there. Otherwise we're going to talk about other stuff.
What's what are you doing for Mother's Day? Fritz? You're
going to see the fam. You're going to cook dinner
for mom, take her to a restaurant.

Speaker 4 (08:55):
Now, I'm going to give her a call. I have
a very busy Sunday. A right, it's one of the
free for six thirty.

Speaker 2 (09:01):
I think I think I read somewhere that it's the
busiest call to mom day in the entire I think
it might have been the busiest phone call day in
the entire year of people calling calling mom.

Speaker 3 (09:13):
Well, that's awesome.

Speaker 2 (09:14):
What do we talk about here, MJ? Besides you said
National Shrimp Day. That's a day.

Speaker 3 (09:18):
It is National Shrimp Day. I feel like there's a
lot of things people do with shrimp that you know,
are underappreciated. Like I've heard of shrimp palm, but I
mean I've never eaten shrimp parm. Yeah, but apparently you
can make that.

Speaker 2 (09:32):
I don't know, shrimp palm.

Speaker 3 (09:34):
Yeah, Like in said chicken parm, shrimp parm.

Speaker 2 (09:36):
I just why not just go with the chicken, I know?

Speaker 3 (09:39):
Yeah, I mean maybe because do you eat shrimp Fritz?

Speaker 4 (09:42):
Yeah?

Speaker 3 (09:43):
See, because so Fritz could have shrimp farm.

Speaker 4 (09:46):
I eat alligator too.

Speaker 3 (09:47):
Oh okay? Why why do alligators make the cut.

Speaker 4 (09:50):
Because they live in water?

Speaker 3 (09:52):
All right? Okay, okay, well they do taste like chicken.

Speaker 5 (09:57):
It's not like I go out and I'm like, I
need alligator. I need an alligator right now, I'll give
it to me. It's like if if someone has it
and they're like, do you eat alligator, I'll be like, yeah,
I'll try some movigator.

Speaker 3 (10:07):
All right, Well that does taste like chicken. So I
feel like you're still getting the chicken experience.

Speaker 2 (10:11):
You're like an aldi Still no, still, no gator. Aldi. Man,
that reminds me you heard about the lady that was
in the canoe is canoeing, and yes, very bad. That's crazy, man.

Speaker 3 (10:29):
It was like very shallow water.

Speaker 2 (10:32):
Like two and a half feet deep. Yeah, yeah, they
said they were. They went over the alligator. Yeah, and
it knocked the knocked the canoe over. Yeah, and that's
pretty amazing. I was the overall how many how many
unprovoked alligator bites do you think there have been in Florida?

Speaker 3 (10:51):
Unprovoked? The alligator was laying where he lays taking his nap,
and a giant thing went over his body. Yeah, he's
probably a little startled and a little mad.

Speaker 2 (11:00):
So the husband and wife for canoe and they're like
in The husband was in there, I think sick around
sixty year olds.

Speaker 3 (11:04):
Yeah, sixties. Yeah, she was like sixty yeah, two or three.

Speaker 2 (11:08):
You ever been canoeing with your wife? Fritz? Oh? Yeah,
is is there? You and your wife? Good canoeers?

Speaker 5 (11:15):
Yeah, she's better than me. But I sit in the
back and do the power I guess or whatever you
call it.

Speaker 2 (11:21):
Yeah, I've been canoeing with MBA before.

Speaker 4 (11:23):
She should probably say I'm not very good, but I try.

Speaker 2 (11:26):
Well a lot of times it can be tough for me.
You know, I'm just thinking of all the options.

Speaker 4 (11:31):
You know, yeah, yeah, it's not.

Speaker 5 (11:33):
I mean you have to learn it. It's something that
you know, you need practice to do. And I just
didn't grow up on the on the waterways. Really I
like it on the Amazing Race.

Speaker 3 (11:41):
Every now and then they have a canoe challenge and
it's always like the you know, they have a lot
of times they have like super alpha male teams are
super tough and awesome and great fit, you know, and
they get in the canoe and they just go in circles.
It's like, oh, you guys don't know how to canoe.
And the little skinny people who never you don't have
the athletic aptitude so much sale right by, like hey,
they're like, how are they doing that?

Speaker 2 (12:01):
I once did a I once did a canoe trip
in Canada with my son in boy Scouts and it
was eighty five miles of canoeing in a week. Three
thumbs down, do not recommend. No, the trip was fun.
It was a lot of fun. But the eight hours
a day of paddling to go eighty five miles in
about a week is a lot. But anyway, if you digress,

(12:26):
you're listening to the Home Loans radio show with that
mortgage guy, don text in to seven seven zero three
to one. What you got there, MJ.

Speaker 3 (12:32):
Yeah, here's someone asking if you've seen the Major League
Baseball showing the Pope at the World Series. Yes, you
have awesome. I have a question. We found a house
we would like to buy, but we need to sell
our current house. How do we do that? How do
you manage that? I've heard you have managed that for
other folks in the radio.

Speaker 2 (12:50):
Yeah, it's thanks for texting that in. It's manageable in
a few different ways. One of them would be, you know,
if you make enough income and you have enough money
in the bank where you can do the down payment
and qualify for both houses at once, but then you
can buy the one and then move into it and
then sell the other. I would say probably nine out
of ten people aren't able to do it that way
or don't want to do it that way. So the

(13:11):
most common way is to do a concurrent sale, meaning
you put your house up for sale. You need a
really good realtor team to do this. You put your
house up for sale and you also put a contract
in on the new house, and we work it all
out so that it happens on the same day. You
show up and do the closing for your sale in
the morning, and you show up and your closing for

(13:32):
your new purchase in the afternoon, and you go from there.
I can go into a little bit detail, but right
now it's time for a quick break. We'll be right
back after these messages. Hey, hey, hey, it's that mortgage
guide Don May is here. In the summer's right around
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(13:53):
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Speaker 5 (14:51):
Hey, this is Devil Roberts from the Jim Culbert Show,
and you're listening to Home Loans Radio on Real Radio.

Speaker 4 (14:57):
Now back to the show with that mortgage.

Speaker 3 (15:00):
I don't Hey, you're listening to Home Hounds Radio where
we talk about mortgages. Also Shrimp Shrimp Day, and that's
just because you know, I'd rather talk about shrimp. But anyway,
let me know how you love your shrimp.

Speaker 2 (15:13):
Wow, I'm Jay Sorry, I'm right here.

Speaker 3 (15:16):
We're talking about mortgages, all the things about mortgages, thinking
about a refi, thinking about a reverse mortgage. That's a
magical thing. If you need it, and if you do,
it works great, and if you don't, well, you know,
walk away. It's all good.

Speaker 2 (15:29):
You heard it here first. That's right, welcome back.

Speaker 3 (15:34):
We're here, Fritz is here making it all happen. Thanks Fritz.

Speaker 2 (15:38):
We had a question before the last break about buying
a home and selling a home at the same time.
Should we revisit that when I'm jaying and get a
little more color in it or what do you think?

Speaker 3 (15:46):
Yeah, we found a house we would like to buy,
but we need to sell our current house first. What
are the options with this? I've heard that you've done
this for other people on the on the radio.

Speaker 2 (15:54):
Yeah, a big part of it I had mentioned. There's
really two ways to do it. I mean, if you
have you know, enough income where you can qualify for
the both homes at once, and you've got the savings
to put the down payment on the second home yourself,
then you can do it that way, and a lot
of people like to do it that way. You know,
you can you go ahead and buy the first one
and then you can take your you know, you can
either spend time renovating in it or getting it ready

(16:15):
and then you move over when you're ready, and then
you sell the house that you have, or a lot
of people will rent out the existing home they have,
But if you're not in that scenario where you don't
have you know, the down payment sitting in the bank,
or you want to you know, let's say you're going
to sell your house and get one hundred grand or
two hundred grand, and you want to use all that
as your down payment for the next house. Then we
would do what's called a concurrent sale or a simultaneous close,

(16:38):
and so we would get you all preapproved for the
first one we would you would get to get you
with a realtor. It's best to work with the same agent.
In my opinion, I have a couple of good ones.
By agent I mean realtor. So you use the same
agent that you're buying your new house with to sell
your existing home. That way everything's coordinated. If you've got
two different real estate companies working on and it can
be it can be confusing. And then there are agents

(17:01):
that are good at this and there are agents that
don't have a lot of experience at it. I'll say,
but it's something that we do. I probably I had
ninety percent of the purchases that we do. Or this
scenario where they are selling their current house, getting the
money from it, putting it as the down payment towards
an X house, which is really nice because if you
go up a couple hundred thousand in price, so you're
getting a nicer house, but you use the equity that

(17:24):
you've built up to keep your mortgage payment virtually the
same as what you have now, but a nicer house.
That's what we would call a move up buyer. But
the best way to do that is with a concurrent sale.
How you get started you go to the website that
mortgage guide don and you do the pre approval application,
and then when we talk to you about your application,
then you'll tell us, hey, we're going to also sell

(17:44):
this house and we'll figure out all the timing of
that and we'll make it work. Bing bang boom, And.

Speaker 3 (17:48):
They already found a house they like, so they probably
should hurt.

Speaker 2 (17:51):
Yeah, what I would do is hit me up and
get your pre approval started at the website, and then
we can get you connected to someone that will evaluate
your house, see what you're going to be able to
get for it, help you get it listed, and then
also that way you can get under contract. But houses
that are priced right, some people worry, well, what if
I put an offer on a house? Then I don't
get mine sold, you know what happens. Usually a good

(18:12):
realtor is going to do it as a contingency sale,
meaning that if you can't for some reason get your sold,
then you can get out of the other contract. That
can make it harder to get your offer accepted if
there are other offers that aren't contingency offers. But it's
definitely a way to do it, and that the key
is having a really good real estate agent and one
that I use. I also a sponsor of the show
is Alexia Boudram with dream Home Orlando. There. They're excellent

(18:35):
at it. We can get you connected with them, or
you can bring your own agent if you know, but
that's the way to do it. If you get started
with the pre approval, then the next step is to
talk to the agent, get the figure out which agent
you're going to use, and then the next step is
to get your house listed and then you just go
from there. Great question. Thanks thanks for texting that into
seven seven zero three one.

Speaker 3 (18:52):
Joe from Coconut Creek says, how long does it take
to get a response or an initial on an initial
application at your site?

Speaker 2 (18:59):
Well, only it depends on when you know when you
submit it. If you're submitting it today in a Saturday,
it may be Monday before you get a response, but
usually or if you submitted at you know, five pm,
it's going to be the next day. But I would
say normally within either the same day or within twenty
four hours. But that's that's the norm for us.

Speaker 3 (19:16):
Here's someone who says, fruits is still the best.

Speaker 4 (19:19):
Oh thank you.

Speaker 2 (19:22):
Was? There was there some question as to whether he
had lost his throne of the both.

Speaker 3 (19:25):
I think so. I think just just validation.

Speaker 2 (19:27):
There you go absolutely a second that emotion.

Speaker 3 (19:30):
And then it says, don, but I think don. I
have a mortgage that I got during the pandemic. I
have a two point eighty five interest rate. Congratulations, the
house is currently worth eighty thousand more than I paid
for it. Is there a way that I can get
that equity out without losing my rate?

Speaker 2 (19:45):
Yeah? You can do a home equity line of credit
or a helock or a second mortgage. A helock is
a type of second mortgage. We're doing a ton of
those right now. There are a huge interest in that.
So so what that does? It allows you to keep
your first mortgage exactly the way it is, and you're
just adding a second mortgage behind that, you know, say
fifty thousand dollars or so you can't you can't take

(20:05):
all the equity out of your house. But the home
equity lines of credit that we have, most banks will
stop at around eighty or eighty five percent, you know,
like the corner type banks, you know where you do
your checking and savings. If they even do helocks. I'd
say less than half of them actually do helocks. But
the the.

Speaker 4 (20:24):
How much can you get out.

Speaker 2 (20:25):
Oh, the amount that you can get out maximum is
with our helocks is ninety five percent.

Speaker 3 (20:30):
That's much higher.

Speaker 2 (20:31):
So yeah, so they're gonna look at the amount you
owe now because so that's probably gonna be seventy or
seventy five percent of the value. So if you're going
for ninety five percent, then that means you could get
another twenty percent of the equity out of your house.
But you don't have to figure all those numbers out.
All you have to do is go to the website,
hit the refinance button, put in your application. Our helock
genius expert Laura will put together some numbers and send

(20:52):
you quote if you like them. We don't do a
hard credit pull. There's no cost, no obligation. It's really
simple to find out what a helock would cost you
per month. You just do the application and then we
email you the numbers and if you are interested, we
go forward. If not, we say see you later.

Speaker 3 (21:06):
A raveler says, of course, he eats trimp. Have you
heard of shrimp and Fritz?

Speaker 2 (21:11):
Shrimp and the shrimp and gritst.

Speaker 4 (21:14):
I like I like it hell out of both of those.

Speaker 3 (21:19):
Oh oh, I like shrimp and grits.

Speaker 2 (21:21):
There's nothing wrong with it. Not a grit, but grits.
You need more than one, more than one grit.

Speaker 3 (21:25):
One grit will not settle you down.

Speaker 2 (21:28):
It's like one shrimp, one grit. There you go, sir, grit.

Speaker 3 (21:34):
Shrimp.

Speaker 2 (21:34):
Yes, it's writing the shrimp like a tiny little cowboy.

Speaker 3 (21:37):
Oh my gosh. I have a primary residence in Florida,
and I want to move to Maine with my wife
and retire, like the reverse retiring.

Speaker 2 (21:45):
Right, abody comes here.

Speaker 3 (21:47):
They're going up.

Speaker 2 (21:47):
There Instead of a snowbird, what's that, it's a I
don't know, penguin.

Speaker 3 (21:53):
They're going to the cold.

Speaker 2 (21:54):
You ever been the main No, I've never been. Fritz,
you've ever been up there in the main place.

Speaker 4 (21:59):
I never went that far north.

Speaker 3 (22:01):
It's very pretty though.

Speaker 2 (22:02):
It's on my list I have. The pictures are nice.

Speaker 4 (22:04):
I've been to Alaska, haven't been.

Speaker 2 (22:06):
All right, Wow, where'd you go in Alaska?

Speaker 4 (22:09):
Juno, Sitka?

Speaker 2 (22:11):
All right, that's cool. I've never been there either. It's
on my list.

Speaker 3 (22:14):
They want to buy and Maine and sell the house
right after we move. Our bank would not do the
loan if we're not going to make at least six
payments and we don't want to wait that long just
until we move.

Speaker 2 (22:24):
If they to make six payments on web.

Speaker 3 (22:27):
Okay, they want to take cash out of their house? Oh,
I see. So they want to take cash out of
the house they have now and use that cash to
buy the house in Maine and then sell the house
that they have now. Their bank wouldn't do a cash
out loan if they weren't going to make at least
six payments and they don't want to wait that long
just until they move.

Speaker 2 (22:43):
I see. So they're looking to extract the equity from.

Speaker 3 (22:46):
Their house, but they're going to sell.

Speaker 2 (22:48):
It within six months. I can tell you most banks
are not going to want to do that at all.
The only type of loan that will do that is
something called a bridge loan. We have a couple of
companies that will do that. I have I do have
one company that is a home equity. You can do
a he lock as long as you don't pay it
back within three months. So there's probably a way to
work that out. But that's the key. You got to

(23:09):
be able to reason the reason that banks don't want
to do that, Like they don't want to do a
loan and have the expense and cost of doing the
loan and paying the loan officer or paying whomever, and
then all of a sudden, you pay it off before
you've even made two or three payments of interest, because
that's how they bike their money is from the the interest.
So nine out of ten banks are going to say, no,
if you pay this off within six months, we're not

(23:30):
gonna We're not gonna, you know, we don't want to
do the loan for you where there's a clause in
there that says you can't pay it off during the
first six months.

Speaker 3 (23:36):
So what do you think their options are?

Speaker 2 (23:38):
Well, like I mentioned, we have a home equity line
of credit that we can do that as long as
you keep it for three months. You can do that,
which is really good. Uh. The reason that works is
because you typically it's probably going to take them three months.
In other words, what the bottom line is to do that,
So it probably won't work out timing wise, because if
we start a home equity line of credit, now take

(23:58):
that cash out, by the time they find a house,
purchase a house, move up there, get everything done, this
house ready to sell, get this house ready to sell,
then by then two three months it will have gone by.
If the third month hasn't gone by, they just have
to wait thirty days before they sell it, and then
they can do it without any sort of penalty and
we can get that loan approved. We also have some
lenders that do bridge loans, which are something similar. They're

(24:20):
a little higher interests, but they're also very short term,
so it's going to be There are options, but you're
not going to find them at your corner bank. The
reason we're able to offer them is because we're a
wholesale mortgage brokerage, which means like if you go to
your corner bank, Fifth Third or Wales or wherever you
do your banking, they've got one option of what they
can do. And so if their answers know about the
six months, then their answers no. But I'm a mortgage

(24:43):
brokerage and I own the brokerage, and so we have
more than one hundred lenders that we can talk to
that are wholesale lenders. And what that means is they
only lend to wholesale brokerages. So they're not lending to
your bank or to your credit union or someplace like that.
They will only loan through us. So we have at
least to hundred options on different programs in different banks
that might that will work to fit this kind of

(25:04):
a niche niche program.

Speaker 3 (25:07):
So dumb question, never no such thing, I think. So, So,
if you have three months to do it, and you
get to that place, you have a buyer, you know,
could you just make that payment and then sell it early.

Speaker 2 (25:19):
Yeah. The other thing is if you get an offer
in your house, it's going to be another thirty days
before they close in most cases. So usually the three
months is plenty, but we just have to get in
the people just have to agree, hey, we'll get this money,
we won't pay it off for three months, and then
it works out just fine. And then when you sell
the house, you pay off that loan, and you're good
to go. You're living in Maine, you're retired. You're not
in Florida sweating it out. You're just up there eating

(25:42):
lobster rolls twenty four to seven.

Speaker 3 (25:46):
Lobster rolls are delicious.

Speaker 2 (25:47):
Yeah they are.

Speaker 3 (25:49):
They're so good.

Speaker 2 (25:51):
We got to take a quick break. We'll be right
back after these messages.

Speaker 4 (25:56):
Hey, this is Ryan from the Monsters, and now back
to that mortgage guy. Don't on real radio.

Speaker 5 (26:02):
Another Saturday morning, another chance to have your question answered
live on air.

Speaker 4 (26:06):
Text in seven seven zero three one.

Speaker 5 (26:08):
If you have a question about home ownership, buying a home, refinancing,
when's a good time to.

Speaker 4 (26:13):
Buy a seller's market? What's that?

Speaker 5 (26:15):
You can ask seven seven zero three one. And also,
while you're at it, open up Instagram and follow that
mortgage guide.

Speaker 2 (26:21):
Don oh oh, I s how you do it? Right there?
You're getting up close to two thousand followers there. Ye
pretty amazing. Yeah, follow us on Instagram at that mortgage guide.
Don push us over the two thousand goal.

Speaker 3 (26:35):
Look at what you did, Fritz. You did that.

Speaker 4 (26:37):
Yeah, it's like.

Speaker 2 (26:39):
A it's like a radio telethon.

Speaker 3 (26:41):
Fritz made it happen. Fritz is like, dude, that's so sad.
You're gonna have to You're gonna have to make that beta.
It's not a good look on.

Speaker 2 (26:51):
You getting excited about your friends show. Friends starts though
next weekend, right.

Speaker 5 (26:55):
Yeah, our first show is the fourteenth, all right, I'm
excited about it.

Speaker 4 (26:59):
Yeah, it's a lot of hard work.

Speaker 2 (27:02):
I bet remind everybody what the Fritz Fringe Show is
going to be.

Speaker 5 (27:06):
The show is in the Yellow Venue. It's called Until
Next Time. It's a radio drama, theater of the mind
kind of thing. But we do the fully right. They're
live on stage. I'm the fully artist, so I've got
the coconuts, you know, and i got all the sound effects.

Speaker 3 (27:20):
I love it.

Speaker 2 (27:21):
All right, that sounds like I'm excited about the Fringe.
I been rating two weeks of plays. If you don't
know what it is, it's coming up the Orlando Fringe Downtown,
all over downtown, two weeks of How would you describe it?

Speaker 3 (27:34):
I would say they are forty five minute or less
performances and there are just a hundred.

Speaker 2 (27:40):
Of them, at least probably please.

Speaker 3 (27:42):
And you pick what's interesting to you, and you pay
one fee for the button that everyone pays for that
and that pays for the festival. The button's usually twenty
five twenty dollars and then each ticket is about ten
bucks and that goes right to the artist.

Speaker 2 (27:56):
That's right.

Speaker 3 (27:56):
So you just pick as many shows as you want
and it's a deal.

Speaker 2 (28:01):
It's and they're all across the board. There shows from
every kind of like describe yours, Fritz, Well, a radio playing.

Speaker 4 (28:09):
It's a radio drama.

Speaker 5 (28:10):
You know, sometimes we have scripts because we're reading from
the scripts and we're different characters.

Speaker 4 (28:14):
And then uh, you know there's some.

Speaker 5 (28:18):
Well it's three different acts, like three it's actually eight acts,
but that's three different radio scripts and so different scenarios
and sound effects. And then you know, you might stay
for the next show and it might be a dance show.

Speaker 2 (28:32):
Or it could be a magic show. It could be
a musician or live music.

Speaker 3 (28:37):
Dancers, dancers, modern dance, all kinds of dance. There's a
western that has its its his third installment, Bullets and Bandits.

Speaker 2 (28:44):
Bullock in the Bandits the band It was a great
one I've seen. I saw it both years before. I'm
already lined up for the third one that I'm excited
to see. Ross and Joel's Ross Pagic and and Joel's
show The Ten Sketches. That's gonna be a good and
I've gotten I've seen a couple of previews of that.
It's gonna be hilarious.

Speaker 3 (29:03):
Tomsha has a show. I think it's called Legends, but anyway,
it's very cool. I think she reprizes all three characters.

Speaker 2 (29:08):
So I know what I'm doing next weekend after the show.

Speaker 3 (29:11):
Yeah, got the French. Yeah, I highly recommend it. And
if you are going, think about, you know, sharing with
us what you're going to see or what you did
see and you love.

Speaker 2 (29:21):
That's right. I like to support all the local stuff.
You know. This is me that mortgage guy done. I'm
a local business too. I own this. I mean, I'm like,
you know, shop local, eat local, mortgage local.

Speaker 3 (29:34):
Let's do it, britgage local.

Speaker 2 (29:35):
All right? You want to be mortgage in with somebody
in California or Detroit. You got a mortgage don't know
you You tell them I want a house in winter Park.
They don't know what you're talking.

Speaker 3 (29:42):
I don't know what that is.

Speaker 2 (29:45):
I think that's in.

Speaker 3 (29:46):
Utah or they're mispronounced all our cities. Here's someone who says,
stupid dumb home ownership twenty eight hundred dollars worth of
tree removal and now doing yard cleanup and fence rebuilding
all weekend.

Speaker 4 (29:59):
Hundred dollars Ye, tree removal.

Speaker 3 (30:01):
Yeah, I think that's when your tree is not good,
you got to you gotta get it out otherwise it
will fall on your house. Trees are expensive, happened to me.

Speaker 2 (30:10):
Yeah, Well yeah, if you got a like a big
oak tree or something like that that you remove, I've
seen them cost more than that.

Speaker 4 (30:15):
Well, I mean, yeah, we have to dead head it.

Speaker 2 (30:17):
Yeah yeah, what does that mean?

Speaker 4 (30:20):
Just getting the branches off that are gonna fall in
the house.

Speaker 3 (30:22):
Oh I got yeah, yeah, yeah yeah, they're saying, but
you guys are still cool though, still still cool though,
even though even though they're feeling a little salty about homeownership.

Speaker 2 (30:33):
Home Ownership is not just a place where you sleep.
It's a it's a responsibility. It's your little domain. You're
the king and queen of that castle. It's your little
little principality, and you take care of it, or whoever
have the joy. When you pull up, you go out
and stand in front of your house and you're like,
look at that that's mine and that's my car.

Speaker 3 (30:49):
Think about your twenty eight dollars that you spend on
tree and moval, thinking that as something that your your
landlord just popped on.

Speaker 2 (30:56):
Right, or think of it as a month's rent.

Speaker 3 (30:58):
A month's rent, or a month's rent in or you
know something like that that happened. Because if you're because
you were renting, you.

Speaker 2 (31:05):
Are indeed listening to the Home Loans radio show with
that mortgage guy Don. Texting your questions to seven seven
zero three one. Join the conversation with us here. Tell
us what you're doing out there. Tell us what you're
doing for Mother's Day. One of my least favorite days
to go to a restaurant. Oh no, I gotta say,
try not to.

Speaker 3 (31:19):
Go to a restaurant on Mother's Day. Top to the worst.

Speaker 2 (31:22):
This is top two least favorite days to go to
a restaurant. I know the other way from that mortgage
guy Don. Number one.

Speaker 3 (31:28):
What's your guest. Let's let people guess that's the second guest.

Speaker 2 (31:31):
Well, yeah, Mother's Day, I mentioned, so that's I don't
like on the restaurants on Mother's Day. Yeah, And and
then the other one. Guess what it is? What do
you what do you think it is?

Speaker 4 (31:39):
Uh, Fritz, Valentine's Say.

Speaker 3 (31:44):
And all the good this on.

Speaker 4 (31:46):
And then.

Speaker 3 (31:50):
Back in the day when I was running the restaurant world, running,
I mean running, like running tables, I mean like my
feet were running.

Speaker 2 (31:59):
I started my first ten years after getting out of
the Army. I was in hospitality, bartend in restaurants stuff.

Speaker 4 (32:05):
Same here. I mean it's it's always good money if
you want to.

Speaker 2 (32:08):
Work, and it teaches you about the world a little.

Speaker 5 (32:10):
Yeah, how everyone's mother is a goddess and a demand satisfaction.
You know, I'm not saying that that that's not true,
but it's it's like, you know, hey, I get it,
but I'm you know, we're all trying our best here, bud,
do what we can.

Speaker 2 (32:28):
The thing about Valentine's Day that makes it a tough
day to go out, and it's first of all, there's
so many people going out of day the same everybody
has the Valentine's Day specials, you know, but also all
the people with the most seniority, the servers are taking
that day off because it is a nightmare like Mother's Day.

Speaker 3 (32:44):
It's like you request that day off like as soon
as you can, like you can request days off six
months in advance, like the day you can request Mother's
Day off. It's like, whoop, I'm out. I'm out on
that day because it is the worst day. So not
only is it very very busy, full of families.

Speaker 2 (32:59):
And you want to go see your own mom, probably.

Speaker 3 (33:02):
Children who are lovely people, they're just small and they
a lot in a restaurant.

Speaker 2 (33:06):
Sometimes that's what comes with mothers is.

Speaker 3 (33:09):
Yeah, so many of them with a brood. She's at
least on Valentine's Days less children.

Speaker 2 (33:17):
Cent yes, it's usually usually don't see like twelve moms
at Mother's Day with no children.

Speaker 3 (33:22):
Right, Well, like at Mother's Day table, it's like a
table of ten because it's a family, but like half
of them are shorter than three feet, you know, and
that's like not good for your check, but it's very
You're gonna work really hard for that.

Speaker 2 (33:32):
And you take your first drink order and it's like,
I'd like one fourth orange juice, one fourth soda, a
dash of ginger ale, and some grenadine with half ice.

Speaker 3 (33:43):
And that's for the four year old.

Speaker 2 (33:44):
Sugar on the rim for my four year old.

Speaker 3 (33:49):
Billy will have a virgin pina Colada. He loves that.

Speaker 2 (33:52):
And we need six chocolate milks.

Speaker 4 (33:56):
Extra milk you have, it's pretty much milk.

Speaker 2 (34:02):
We need two of them, lacked eight free milk.

Speaker 3 (34:04):
I'll just have this is my favorite. I'll just have
a pot of hot water. I brought my own tea.

Speaker 4 (34:08):
Bag, a quadruple gin.

Speaker 3 (34:12):
Yes right, I have two fingers of burb and they
hold up four fingers.

Speaker 4 (34:18):
I'm not driving and I'm sleeping for the rest of
the day.

Speaker 2 (34:21):
In that's just my opinion. Though about you know, dining
out on Mother's Day, I'm sure.

Speaker 3 (34:25):
Will be lovely my opinion. If you haven't made your
reservations yet, probably out of luck. But a buffet is
a good plant because then you can at least just
walk through and you know, yeah, but is it it's no,
I don't want to eat that. I'm just saying, if
you're trying to manage that big group.

Speaker 2 (34:41):
Buffets have this one thing that kind of put me off,
which is that the spoon you used to load your
food onto your plate has been touched by seven thousand
people consecutively with zero hand sanitizing.

Speaker 3 (34:51):
Little children, little kids.

Speaker 2 (34:55):
Yeah, I love buff I love a buffet.

Speaker 3 (35:00):
Yeah.

Speaker 2 (35:00):
Yeah, But anyway, you're listening to the Home Loans radio
show and you can text in tell us other stuff.
Seven seven zero three one. What do you out there,
m J?

Speaker 3 (35:07):
What do you think of these loans where you take
equity but no payments for ten years and then you
have to pay them back with interest? Are you rolling
the dice on what you will owe?

Speaker 2 (35:15):
Yeah, I'm pretty skeptical about that. I've been people have
been asking me questions about them. It's something that I've
just seen pop up in the last year or two.
And it's not through any Fanny May program or government.
It's not a government type loan, you know, it's not
is it's something that somebody invented. And my understanding of it,
and I'm not an expert on them because I don't
offer them, but my understanding is that they will give

(35:36):
you some of the equity out of your house, and
you promise to give them back a certain percentage of
the value of the home later when you sell it.
So the whole mystery, you know, in ten years I
think is the time mark that what I've been hearing.
So whatever your house was worth in ten years, you
owe them. Let's say it's thirty three percent, So if

(35:56):
your house value only goes up you know, a certain amount,
and you're good. But if your house, like in the
last five years, house values almost doubled in some counties,
So imagine that, and you think. The part that I'm
worried about with that is you don't know how much
you have to pay them back at the future because
it's keyed to the value of your home in the future.
So that makes me nervous. I wouldn't do it, but uh,

(36:17):
you know, that's a that's just me. I it's also
something that's new. I don't think they have have had
any that have come to fruition, meaning gotten to the
point of payback. So I think this is I think
this is something that you know, maybe a big news
story in ten years when those start to mature and
people are fired up because they're having to pay back
so much. But that's that's the that's my concern about

(36:39):
it is that you're paying back what you're paying back
based on the future value of your home, which you
have no way of knowing.

Speaker 3 (36:44):
Do they get ownership of your home when you do it?

Speaker 2 (36:46):
Uh? They put on your No, it's a it's a
it's a lean, it's a mortgage. You know, it's it's
a lean on the house, not a mortgage, but it's
a type of lean, so that, yeah, you sign an
agreement to sign away part of your house in the future,
and that's always worrisome, especially when you don't know what
the value of that's going to be. That would be
my biggest concern.

Speaker 4 (37:03):
That's what aleen is like, you can have my house
if I do something bad.

Speaker 2 (37:06):
Well a lean well, yeah, Aleen means like let's say, let's.

Speaker 3 (37:09):
Say I put a new roof on your house.

Speaker 2 (37:11):
Yeah, a contractors lean. For example, when when a roofer
comes to do your house, like before they start to work,
if they haven't gotten paid, and maybe if they have
gotten paid, because there may be cost overruns, but they
will do something called a contractor's lane. That means that
they put a lien on your house and if you
don't pay them, then they it's not so much they
can take your house. They could if they potentially went
and got a judgment, but it means if you ever

(37:33):
sell it or refinance it, you have to contend with
that lian because you don't have a clear title, so
you can't convey your house or sell it to somebody
else without paying off that Liane. So that's that's that's
kind of what Aleen means in that scenario. So when
you're doing that the program they're talking about where you're
borrowing against your home but you don't have to pay
it back for ten years and then you pay a
percentage of the value of your home. That could be

(37:53):
quite a mystery as to what that's going to be.
And I don't recommend it.

Speaker 3 (37:57):
And I wonder who gets to the side anyway.

Speaker 2 (37:59):
Uh, we got to take a quick break. We'll be
right back after these messages.

Speaker 3 (38:04):
Hey, it's Sabrina from the news junkie. Do you have
a question for that mortgage going on? Text him at
seven seven zero three one no back to Home Loans
Radio on Real Radio. All Right, all right, all right,
all right, all right, all right.

Speaker 2 (38:24):
I'll share my impression on the next break.

Speaker 3 (38:28):
All right, all right, Hey, you're on the edge, Fritz Dobody,
Please explain a bridge loan. My house is for sale
and I found when I want to buy it.

Speaker 2 (38:41):
Yeah, a bridge loan or is essentially that case when
you've got a home that you're selling and you haven't
sold it yet and you want to take some of
the money out of your house to buy the next
house without having sold your house yet. So that would
be a bridge loan, and it's a short term loan
because the idea is that you're planning to sell that
house once you move into the new one. The key
to being able to do that, though, is that you

(39:02):
have to have enough income to be able to qualify
and debt ratio for both homes. At the same time,
you have to have the money for the next home
coming out of the equity, which you can do. But yeah,
we offer those. We have a few types of bridge loans.
We have some home equity lines that you can pay
off within three months, you know, so you could pull
the money out of your house with a home equity

(39:22):
line and then use that to buy the new one,
and then afterwards sell your house and pay off that
equity line. Just has to be a distance of three months.
And then we've got in a couple other bridge loans
where you know, there's no time limit at all, So
it just depends on the scenario. I will say the
bridge loans tend to have pretty high interest, so it's
not always the number one way to go, but the

(39:42):
easiest way to evaluate it is to get me to
take a look at it, and I tell you all
your options, and you do that by going to the
website that mortgage guide don dot com. You apply for
a pre approval and then I'll figure all the stuff out.
I'll gather all the information from you and I'll tell you, Okay,
we can do this, we can do that, and we
get the money out here. You can go ahead and buy,
or I may say you're not going to be able
to qualify for both homes at once or the bridge

(40:02):
loan in the new loan, so you're going to have
to sell first. But either way we can figure it out.
You'll know the answer by the end of that pre
approval process.

Speaker 4 (40:09):
So it's not for trying to buy a bridge on installments.

Speaker 2 (40:13):
You know, I haven't tried. We do commercial loans. I could.
There may be a way to buy a bridge, but
I haven't actually done that yet.

Speaker 4 (40:21):
I've got ocean front property in Arizona, do you know?

Speaker 2 (40:25):
All right?

Speaker 4 (40:26):
From my back porch you can see the scene.

Speaker 2 (40:29):
Well, I'm in all right. You know you know that
that may be true one day in the future. You
may have ocean front in Arizona.

Speaker 4 (40:37):
But I met from.

Speaker 3 (40:43):
Breen carries a happy Mother's Day and happy French Yeah,
French French shrimp.

Speaker 2 (40:49):
Day, Fringe fringe, get your get your fresh hot fringe shrimp, right.

Speaker 5 (40:53):
French fringe shrimp for fritzing stuff.

Speaker 3 (40:57):
And they're going to do some antiquing later and have
a drink or too antiquing. I mean, you don't want
to drink too much before the antique or you'll find
yourself with like a portable commode or some weird thing
that you bought.

Speaker 4 (41:07):
But if you find one text.

Speaker 2 (41:10):
The chamber pot, chamber.

Speaker 3 (41:13):
Oh wait, careful that chair. That chair is special. It
opens up.

Speaker 2 (41:18):
Yeah, I want to put a flower pot in there.

Speaker 3 (41:21):
I don't know why. That's where my brain went.

Speaker 5 (41:23):
Right.

Speaker 2 (41:25):
Commode, Yeah, I met like like your chamber pot.

Speaker 3 (41:28):
Yeah yeah, an antique.

Speaker 2 (41:31):
I've never bought one of those antique.

Speaker 3 (41:33):
Well no, but I'm just saying. You don't want to be,
you know, too tipsy at the antikon.

Speaker 2 (41:37):
Oh no, you don't.

Speaker 3 (41:38):
You might you might buy something.

Speaker 2 (41:39):
You'll end up with have regret. You'll end up with
a toilet paper cozy for the top of your toilet,
crocheted in eight different colors.

Speaker 4 (41:46):
Yeah, there's need to make a comeback. I know, right,
there's a little like two pays for Toilets.

Speaker 2 (41:52):
Okay, Fritz, that is an excellent business.

Speaker 3 (41:57):
Name, right.

Speaker 4 (42:01):
Toilet for Toilets dot com. It is taken.

Speaker 2 (42:04):
Yeah, and you heard it first jingle.

Speaker 3 (42:06):
Baby, it will sell just because of the jingle that
you Right.

Speaker 4 (42:10):
Now, I need to buy it. Don Can I borrow
twenty five bucks?

Speaker 2 (42:14):
Yes? Okay, yes, I'm in. I'm your first investor for
two pays for toilets.

Speaker 4 (42:19):
You're like, borrow it. Think of it as an investment,
my man.

Speaker 2 (42:22):
Do you remember that there used to be a set
you'd buy it and would put like a little fluffy
thing on the top of the toilet tank and one
on the toilet, and a matchy little carpet that had
like a U cut out would slide in there. Do
they still have those?

Speaker 3 (42:34):
I don't know.

Speaker 2 (42:34):
I haven't seen the two pays for Toilets in I think.

Speaker 3 (42:36):
They might have fallen away from uh fashion.

Speaker 4 (42:39):
Yeah, there you go. We've gone way too And I
know we should be talking about mortgage.

Speaker 5 (42:45):
We have simplified things in life that we we really
should complicate again.

Speaker 2 (42:49):
There you go. It's bringing up ideas to bring manufacturing
back to uh, Florida.

Speaker 3 (42:54):
All right, here's someone back to the buffet that we
were talking about, the Mother's day buffets. Kids can beat
a sneeze guard. And I would also for surely tone
they are sneezers, and they're like right eye level when
you're right they're under that snee guard. They're just gonna
and then they're gonna wipe their little snotty nose with
their hand. You know what else?

Speaker 2 (43:15):
Uh? You know what else a four foot tall kid
has a high likelihood of doing besides sneezing, putting.

Speaker 3 (43:21):
A coffee, yeah, coffee services, coughing, yeah, I think coffee.

Speaker 2 (43:28):
It is if they put the snee guard up to
stop children, nobody can get into food.

Speaker 3 (43:33):
What's another one? Crying?

Speaker 2 (43:35):
Crying?

Speaker 3 (43:35):
Crying and crying is very leaky.

Speaker 2 (43:37):
Children are leaky, you get. I know that's from experience. Yeah,
not like I haven't had one, but two or three.

Speaker 3 (43:44):
Yeah, yeah, that's true. Maybe I take back the buffet
idea once I think about all the small people who
also will be partaking.

Speaker 5 (43:52):
See I do I do love a buffet experience because
you're like, well, I don't know what I want to eat?

Speaker 4 (43:58):
Yeah, I want to eat that.

Speaker 5 (44:00):
Yeah, And It's just it's something that you wouldn't expect.
Your body is craving, and isn't it. Darcy and I
were talking about this, I think two days ago. It's
it's strange how we have cravings, you know.

Speaker 4 (44:10):
Actually we were talking about this yesterday.

Speaker 5 (44:13):
We have cravings and like, you know, impulses, and it's
it's wild that your your brain is like, eat that
entire jar of green olives.

Speaker 4 (44:23):
I don't know why, and then the brine.

Speaker 2 (44:27):
And you're like, all right, so are you saying you've
done that?

Speaker 4 (44:32):
No, I haven't. But when my mom was pregnant with me,
she ate green She craved green olives.

Speaker 2 (44:37):
All right, and that checks out. I met your mom.
That checks out one hundred percent. The other question is like,
if you're at a sneeze guard and you hear someone
like two ahead of you, like just blast a big
sneeze on the sneeze guard, are you thinking it's cool.
I'm fine, there's a sneeze guard.

Speaker 5 (44:52):
Well, you gotta do the five second room, you know,
five seconds to get out, Yeah, to get back to
my table, order off the.

Speaker 3 (44:59):
Bad and hope for something better. Guys, Nope, you.

Speaker 2 (45:03):
Are listening to the home Loans Radio. We're going to
take a quick break. We'll be right back at the
top of the hour. You say, hey, hey, hey, hey, hey,

(45:51):
hey hey, welcome back to the Home Loans Radio show
with that mortgage guy Don That's right, that's me. We're
here doing what we do every single Saturday. I'm here
with my Kruge morning, good morning.

Speaker 3 (46:01):
That was awesome. I love that song.

Speaker 2 (46:03):
Yeah, good morning, mister Fritz. That was moon Men from Mars. Right,
that is correct. P. S. A.

Speaker 3 (46:12):
I don't know what time you get your mail today,
but today is letter carrier food drive day. So if
you put some food in your mailbox, in your flag up,
you can.

Speaker 2 (46:22):
Contribute some food like a shrimp and grits.

Speaker 3 (46:25):
I think they want like a can of beans, can goods, something.

Speaker 2 (46:31):
They might appreciate, a cookie, piece.

Speaker 4 (46:33):
Of it's it's a half pounds of catfish in there.

Speaker 2 (46:39):
So it's like just caring or catfish like fried or
you mean to be cooked later.

Speaker 4 (46:44):
No, he can, he can flavor it however he wants
to it. Don't just be raw catfish.

Speaker 2 (46:49):
Clean means yourself or you get home, yeah, will.

Speaker 3 (46:55):
Wrap in the little newspaper, say that's for you.

Speaker 4 (46:58):
That's for you my little little note.

Speaker 2 (47:00):
It says, dear postman, I put a piece of half
half piece of peanut butter toast in my mailbox just
yesterday for you, so it would be there today.

Speaker 3 (47:07):
Rights like letter carry food drive day? Are they hungry?

Speaker 5 (47:11):
He's like, thanks man, and I'm just staring him down.
As I got back to my house, He's like, that's
an aggressive gift, but it's still a gift.

Speaker 3 (47:18):
But you know I'm gonna fry it up later.

Speaker 2 (47:20):
Yeah, you'll obligated to say thank you.

Speaker 3 (47:22):
I feel like they mean can goods and such, but
you know you do you.

Speaker 2 (47:26):
So if you're wondering who that rejoin was, of course
you thought, is it you? You do all your rejoins
or original music from Fritz? That wasn't Fritz. No, that
you're wrong. It was that's moonmn from Mars. What was
the name of that one?

Speaker 4 (47:38):
I am the Snake?

Speaker 2 (47:39):
No, I mean, what was the name of that song?

Speaker 4 (47:41):
I am the snake?

Speaker 2 (47:42):
You've mentioned? But what was that? You see what I
did there? Yeah?

Speaker 4 (47:47):
You got me.

Speaker 2 (47:52):
You can uh hey, find uh Fritz's music everywhere that
you find music and follow him on Instagram at no
Underscore regrets Underscore Coyote and follow me at that mortgage guide.

Speaker 3 (48:06):
Don Anthony says two shows he's looking forward to, the
Most check Chased pageant and a show called home by
group that visits every year name Push.

Speaker 2 (48:15):
Oh it's a fringe Yeah, yeah, that's.

Speaker 3 (48:16):
Yeah, we're talking about fringe folks.

Speaker 2 (48:19):
Very it's coming up. I mean starts next to starts
next for Friday? Or when does it start? I think
it starts sooner on Wednesday, Wednesday.

Speaker 4 (48:27):
Yeah, our first one is on Wednesday the fourteenth.

Speaker 2 (48:30):
Yeah, I believe it starts the thirteenth, but I got
a double check you out. You can find it on
the internet, but go support Support Local here.

Speaker 3 (48:37):
Someone's asking is it worth it to go the route
of a first time home buyer's loan?

Speaker 2 (48:42):
Well? Probably, you know if you are eligible with a
first time home buyer's loan. Part of the part of
the pre approval process that we do with someone who's
a first time home buyers. You go to the website.
Here's how you do it. You go to the website,
you hit the pre approval button, you fill out the
basic primary preliminary application. We do a soft credit report
and then when I look at your application, depending on
what type of job you do, whether you're self employed

(49:04):
or W twoed or have you all request the documents
that I need to figure out your income, your assets.
We look at that and your credit and then if
you're a first time home buyer, which can mean you've
never had home or you've not been on the title
to a home in at least three years, then we
also go through all of the first time home buyer programs.
We have to see which ones you'd be eligible for.
It's not a blanket answer because some are score driven,

(49:26):
some are income driven, some are driven by the county
where they are or the city where they are. So
we would look at all of those programs and tell
you what you're eligible for, and then it may or
may not be beneficial to you because sometimes down payment
assistance programs may offer you money for your down payment,
but the interest rate could be a little higher, so
there's sometimes there's a trade off on those then, so

(49:47):
we'll look at that. But if you have your own money,
we might say, well, if you use your own money
from your four oh one K, your payment will be
two hundred dollars less, but if you use the down
payment assistance money, you won't have to pay the down payment,
but your payment will be a little higher. So we'll
just kind of weigh out the options and show you
what they are. So the question was is it a
good tell me again the verbiage, is it worth.

Speaker 3 (50:08):
It to go the route of first time home Buyer's line?

Speaker 2 (50:11):
It's worth it to get pre approved that that mortgage
got done, because then I'll analyze all of that and
tell you if it's worth it to do the first time,
I'll put the I'll put the numbers in front of you,
and you decide if it's worth it. But yeah, we
got to see what kind of deal you can get
and what kind of first time home buyer program you
might qualify for. But in general, they're they're very good.
But the part of the reason they're they're governed by

(50:31):
sometimes they're capped by income is they want down payment
assistance to go to people that need it, not you know,
not someone who's making three hundred grand a year or
something like that. So there will be income caps based
on the median income of the county in a lot
of cases. Great question. Thanks for texting that into seven
seven zero three to one.

Speaker 3 (50:48):
Good morning, Don MJ and Fritz. One that you know,
I finally took the plunge, applied online. Just got finished
working with Troy and Sabrina on a refinance for my
condo in Cape Canaveral. Thank you Don very much for
all the great information.

Speaker 2 (51:01):
Yes, I know this congratulations was a tough situation and
I'm really glad we were able to get that sorted
out for you. I know it was a big help,
So I thanks for working with us and I'm glad
that helped you out. Yay, guess what time it is
and Jay, it's time for the compare quote of the week.
Oh yeah, what's the compare quote of the week? You ask, Well,

(51:30):
I'm going to tell you that there was a study
done a couple of years ago. When I read it,
it struck me and it said that less than twenty
percent of people compared their quote after they get that
first mortgage quote. And the reason in the study also
said that the reason that people didn't get more than
one quote, at least eighty percent of the people didn't
get more than one quote, was because it was so difficult,
because it was too hard to go through the process

(51:51):
and get additional quotes. So I came up with this
idea put it on the website. It's a compare quote.
You just go there. You don't have to apply, you
don't have to go through all the stuff. You just
upload the quote that you already have, and from that
I can get ninety five percent of the information that
I need. I don't need a credit report. You just
tell me your credit score and then I'll tell you
if that quotes any good. And this week, actually this

(52:12):
was last week, but I've had so many I'm having
to space them out. So this was this fine gentleman.
Jean was his name. He called me and said he
hears me on the radio almost every week on his
way to work his job. His job is a data
analyst engineer. I don't know what that is, but he

(52:32):
had apparently taken me quite seriously when I said on
air that if you don't get a comparison quote, then
you will miss the boat. Mister Gene in true analyst
engineer form had challenged himself to find a quote that
I could not beat. Oh yeah, how many quotes would
you imagine? Gene got MJ.

Speaker 3 (52:50):
Four?

Speaker 2 (52:51):
How many would you imagine? Mister Fritz? Oh too, Gene
in fact had gotten six quotes. Wow, Yes, a very
analytical person, as you might guess from his job as
a data analyst engineer, and he had gotten six quotes
and created a pretty fantastic spreadsheet to map everything out.

(53:14):
I ended up looking at all six.

Speaker 3 (53:15):
Quotes and told it in AI and say, help me out.

Speaker 2 (53:19):
No, I think I think Gene has spreadsheets on his wristwatch.
I don't know. I looked over all six of those quotes, right,
and I told him out of those, which was which
one was the best? And the best one that they
had was a six point six two five rate with
thirty two hundred in points and fees. I was able
to get him six point twenty five with no points

(53:40):
and saved him. The net result was I saved him
thirty two hundred dollars in closing costs and one hundred
and eighty five dollars a month wow on his monthly payment.
You do not need to get six quotes like Gene did.
I would have given him, given him the same quote
whether he had, you know, no matter what the one
quote or two quotes or three or four or five

(54:02):
or six. But uh, Gene took it as a challenge
and we've joked about it.

Speaker 1 (54:07):
Uh.

Speaker 2 (54:07):
In fact, six seems successive. As I mentioned to Jane, uh,
we're doing it. But in the end he said he was.
He was really completely shocked because he thought if he
went out and got that many quotes, he was really
shocked that I would still be able to beat it
by such a margin. And the reason I explained to
him and to everybody is because we're a wholesale mortgage brokerage.
I am a local owned company. I don't have the
overhead of a Wells Fargo bank or whoever you know,

(54:30):
credit unions or whatever. So we are often even if
you go get six quotes, chances are we're gonna we're
gonna be a better deal for you. So I'm raising
my glass to my new buddy, Gene tidiest spreadsheets I've
ever seen. He'd heard the show and been taking good notes.
He'd took in so many he'd gotten six quotes. Jee said,

(54:51):
Thank goodness. I compared my quote because even with six,
I was missing the boat. Oh play the jingle Fritz.

Speaker 4 (55:01):
Dot com.

Speaker 2 (55:04):
Well done, there, it is well done. Compare quote of
the week.

Speaker 3 (55:09):
I like it. Check check check.

Speaker 4 (55:11):
Yeah.

Speaker 2 (55:11):
You can text in your questions to seven seven zero
three one. We got a segment and a quarter left here.
What do you what do you got there? I'm jasse
a few stacking up.

Speaker 3 (55:20):
Yeah, can I get a commercial SBA loan to open
a second location based on the profit of the current company.
We're doing great and open seven years. We don't have
any loans left on the first business. Everything's paid off
and they own the land.

Speaker 2 (55:33):
Yeah. Absolutely, Yeah, you're like, you're sound like you're a
you know, if you've got a good credit score, then
you got you're probably golden as far as being able
to do that. Yeah. So it's I don't know, they
didn't mention the nature of the business, what type of business,
but yeah, so absolutely we would look at the financials
because you're opening and you're opening a second location, it's
it's part of the business. It's an extension of the business.

(55:54):
And even if you open it as a separate part
of the you know, a separate owned entity, we can
still work on getting the financing through SBA for that.
The fact that you don't have any loans on your
business and your debt free is huge. That's gonna that's
gonna every you know, most every bank's going to be
lining up to want to give you that SBA loan
as long as your credit scores above say six eighty

(56:14):
or so. But yeah, you're kind of the ideal candidate
for that.

Speaker 3 (56:18):
So help me understand. So every bank, I understand every
bank will I mean SBA loans. There's a lot of
people who offer SBA loans. How do you get through that?
Is it the same? Should you have quotes?

Speaker 2 (56:27):
Well, yeah, if you get a quote on one, you
definitely it's not the same. It's not like you're going
to go to one place and get it's so different.

Speaker 3 (56:33):
It can be so different because so many people offered.

Speaker 2 (56:36):
The SBA is a small business administration. They don't actually
loan money. They guarantee money that banks loan to you.
So like if you if so, when someone comes to
me for an SBA loan, we're going to look at
all their situation. We're going to gather all their financials,
and then Diana, who's our commercial loan genius, she's been
doing this for thirty years and she's going to look

(56:56):
everything over. And then she knows we have about one
hundred different commercial banks that we can go to for
SBA loans. And so, depending on the circumstances, the type
of business and so forth. She knows which banks are
going to be more likely to approve that, and then
out of those, which ones will give us the best rates.
It's kind of like we do with a mortgage. We
can we shop it around to find the best deal
for you on an SBA loan, and then when we

(57:16):
find that bank they're going to loan, they're going to
loan the money, and they're going to guarantee about sixty
percent of it, and the SBA Small Business Administration guarantees
the other forty percent. So that's a common misconception that
people have is that it's the SBA that loans you
the money, but it's not. It's the bank and then
the SBA guarantees part of it. So if the loan defaults,
then then the bank is protected from losing all of

(57:39):
their investment. They would only lose about sixty percent of
it depending on the collateral. So that's kind of you
definitely want to shop around though when you're getting SBA loans.
I've seen very wildly when we go to shop for
an SBA loan, we'll get rates anywhere between sometimes you know,
eight percent, sometimes it'll be ten. It all depends on
the bank and what they think the risk is and
how they do their commercial lending, so it's still ammercial

(58:00):
loan is just securitized and follows the rules of the SBA.
A great question. Thanks for texting that into seven seven
zero three. One could follow up, MJ what what else
are you going?

Speaker 3 (58:10):
My home is worth three hundred and thirty K and
I refinanced recently with Penny mac and now two hundred
and forty K. I have PMI insurance now that I
didn't pay prior to refinancing, I'm bummed about it. How
do I get rid of that? So they refinanced and
incurred pm I?

Speaker 2 (58:27):
Somebody, Yeah, it's crazy, that's uh, that's not good. It
sounds like they refinanced you into an FAH loan, because
when you're refinancing, the only loan where you're going to
pay PMI is typically an FHA unless you're going above
ninety percent on a conventional I don't know if you
want to. If you want to connect with me through

(58:48):
the website and send me over your mortgage statement, I
can help you figure it out. But it looks like
maybe they refinanced you into an FH loan, which always
has PMI. It might work. It might have worked to
lower your payment because the rates are typically or on FAHA.
But I would never refinance someone into an FAHA because
you're typically gonna have that PMI on there for at
least eleven years. That's the minimum you can have PMI

(59:10):
for on an FHA loan. It could be for the
life of the loan, depending on what the loan to
value was. Great, hit me up at the website and
send me that and I'll take a look at it.
You're listening to the Home Loans Radio Show. We're going
to take a break here. We'll be back for the
final segment of today. Do you have a question for that.

Speaker 1 (59:24):
Mortgage Guide Don Text us at seven seven zero three one.
Now back to Home Loans Radio on Real Radio.

Speaker 4 (59:32):
Just like that, Another Saturday is over for us.

Speaker 5 (59:35):
But you can also text in seven seven zero three
one if you have a question, we might answer it
next week, or email Don at that Mortgage Guy Don
dot com or Home Loans Radio dot com. You can
also follow him on Instagram that Mortgage Guy Don Don
to Don Don Don.

Speaker 2 (59:51):
Hey, hey, hey, welcome back to the Home Loans Radio Show.
We yes, we are, and right here in our final
segment of today. You know I'm gonna bring this out.
You know, I like to talk about doom and gloom
with Ai, like bad AI, think things with AI that
worry me. I got to come up with a name
for the uh the segment. But here I'll start it
with us the The road rage killer of an Arizona

(01:00:13):
man was sentenced last week to ten and a half
years behind bars after his victims spoke to the court.

Speaker 4 (01:00:19):
Oh yeah, I saw that.

Speaker 2 (01:00:20):
Oh what, Yeah, that's a that sentence that makes sense, right,
I'll read it again. The road rage killer of an
Arizona man was sentenced last week to ten and a
half years behind bars after his victims spoke to the court.
How did they do that? Well, you know from the
title of the segment, but that via they created an
AI of the person who had been the victim to

(01:00:41):
do a statement in court. Wow, it was his face.
It was like him from the waist up. It looked
like him. The judge allowed this to be played in
court to during the sentencing part of the jury. This
is a this is a crazy thing. So they brought
someone back from the dead, wow, via AI to do
to participate hate in the sentencing in court.

Speaker 3 (01:01:03):
That's amazing.

Speaker 2 (01:01:04):
It's it's it's well, it's not him, I get it.

Speaker 3 (01:01:07):
You know, they put together I don't.

Speaker 2 (01:01:10):
I mean, yeah, his family apparently was in the AI
field and they pieced this together. They got permission to
do it from the judge. But it's a heck of
a precedent if that is a thing where dead people
can come back via AI. And uh, the interesting part,
the part that I found surprised me in the article
was that it was a plea for leniency, surprising of

(01:01:31):
the person who was being sentenced. So I think maybe
that's why the judge allowed it.

Speaker 3 (01:01:36):
But gosh, can that makes more sense?

Speaker 2 (01:01:38):
But now it's happened, So the cat is out of
the bag, you know, the seal has broken. We'll see,
we'll see if that becomes a precedent because it's already
been done in a courtroom now. But isn't that That's
just blew my mind that an AI of a dead
person could participate in their sentencing hearing. The world's going
to be a crazy place in one hundred years. But
guess what, none of us will be Yeah, sort.

Speaker 3 (01:02:02):
It out, young, I will be here represented by my AI.

Speaker 2 (01:02:05):
Self, right, yeah, will be like a head show will
still be going on, will be like futurre rama. We'll
be heads in jars. Yeah, yeah, there you go. Guess
what time it is, MJ?

Speaker 3 (01:02:15):
All right, is it time for the speed It's.

Speaker 2 (01:02:17):
Time for the Speed Round.

Speaker 3 (01:02:18):
It's gonna be a little different today, all right.

Speaker 2 (01:02:22):
The Speed Round is normally where MJ asked me a
bunch of questions that we haven't gotten to and we
get them answered real quick here at the end. If
I don't get to yours, or if we didn't get
to yours that you texted into seven seven zero three one,
please go to the website pop it in the box
there that says ask on a question and I will
answer it after the show.

Speaker 3 (01:02:36):
So it's really hard to find riddles because I've done
been doing riddles for six years now. It's a lot
of riddles. So today what I'm gonna do is I'm
pulling a riddle out that I really liked, and the
people I'd like to answer are you, audience. I would
like you to text in seven seven zero three one,
give me your name and the answer, and I'll let

(01:02:57):
the two of you guess on how many people will
get the answer okay, and I will you will get
the gloating, the glory of gloating that you have gotten
the answer on the air. I'm so excited, the.

Speaker 2 (01:03:10):
GGG, the glorious gloating of gotten the answer the answer.

Speaker 3 (01:03:14):
Yes, there's no prize except the self satisfaction that you
were number one.

Speaker 2 (01:03:19):
And you don't have a lot of time, and.

Speaker 3 (01:03:20):
That you are good enough and that you are the best.
And you can go throughout your day knowing that you
got that. And if you've been listening a long time,
maybe you heard it last time, so you might know
that you might know this riddle.

Speaker 2 (01:03:30):
There we go, let's do it all right.

Speaker 3 (01:03:32):
Here's somebody who says, uh, I can't wait. Just listen
to AI don that's fun.

Speaker 2 (01:03:36):
Oh.

Speaker 3 (01:03:36):
There here is someone who asked, what is the beginning
of that jingle? I can never understand it. It's don't
miss the boat your quote? There you go, that mortgage
guy done. So there you go. Do you offer sba
refis refis?

Speaker 2 (01:03:51):
I thought you were going to lunch into the riddle.
So so we're doing the speed round. Yeah, and then
afterwards you're doing the participatory riddle. Understood. Get Reddy with
your challenge.

Speaker 3 (01:04:01):
Accepted texting fingers, pull off.

Speaker 2 (01:04:03):
The side of the road, don't texting drive there you go?

Speaker 3 (01:04:05):
Yeah, here we go. Do you offer refinances for SPU Absolutely?

Speaker 2 (01:04:10):
Yeah. If you've had your SBA loan for two years
and you've been paying on time, and I think the
refinance rates are around eight and a quarter right now.
So if you've got an SBA loan with a higher
number than that, then you might want to check into it.
Depending on the size of your loan, it could save
you thousands per month.

Speaker 3 (01:04:25):
How long does it take to get your funds on
a reverse mortgage?

Speaker 2 (01:04:29):
Well, in a typical reverse it's like a regular mortgage.
You know, it typically takes about twenty five thirty days,
and then you know, after it closes, then three days
later you get your funds. As simple as that.

Speaker 3 (01:04:39):
I just got a letter from my service, or that
I have an escrow shortage in my payment. It's going
to go up next month. Is there anything I can do?
Is there anything I need to do?

Speaker 2 (01:04:47):
Well? If you are okay with so, what happens? You
usually get a letter, you know, it says your payment
at such and such a date, your payment it's going
to go up to this, you know, because and it'll
show you you were short this much an escrow. Maybe
you were short nine hundred dollars in escrow. But for
a simple math, let's say they say you're short twelve
hundred dollars an escrow. Well, then they're probably going to
raise your payment two hundred dollars a month. But if

(01:05:07):
you don't want your payment to go up, if you're
fine with your payment going up, yeah, do nothing. There's
nothing you need to do your payment. You'll get a
new bill and your payment will go up. You got
to remember to make sure and change your auto pay
because otherwise it will count as a thirty day late
if it goes autopay and it's not the right amount.
So you got to make sure and do that. And
then the other thing would be I can't really think
of anything else that would be something you need to do.

(01:05:30):
Oh you could go. You could like, if they tell
your twelve hundred dollars short, you could send in the
twelve hundred dollars and keep your payment the same, so
you can call and talk to them about that. If
you don't want your payment to go up, good question.

Speaker 3 (01:05:40):
You have to do that whole thing with your autopay
all right, here comes the riddle.

Speaker 2 (01:05:43):
If you're ready, riddle time, texting your answer.

Speaker 3 (01:05:45):
Texting your answer to seven seven zero three one. Tell
me your name so that I can say it on
the air. Throw Away the outside, cook the inside, eat
the outside, throw away the inside. What is it? Do
you all remember?

Speaker 2 (01:06:01):
Throw one more time?

Speaker 3 (01:06:02):
Throw away the outside, cook the inside, then eat the outside,
and throw away the inside.

Speaker 2 (01:06:08):
I know exactly what it is.

Speaker 3 (01:06:09):
I predict how many people you think we'll get it?

Speaker 2 (01:06:12):
Right? Well, we got about a minute, so I predicted
that minute, probably five. Do you remember the answer, Fritz? No, Okay,
so far, so far, the so far, the any guesses
so far?

Speaker 3 (01:06:30):
So guess is so far? You can say it again,
throw away the outside, cook the inside, eat the outside,
then throw away the inside.

Speaker 2 (01:06:38):
I think I know the answer. Let me know you.

Speaker 5 (01:06:40):
I know you do.

Speaker 2 (01:06:41):
All right.

Speaker 1 (01:06:41):
Well.

Speaker 2 (01:06:42):
In the meantime, follow me on Instagram at that mortgage
guy don You can do that right there when you
follow me right there. If if you want to apply
or find anything out, or go to the website or
listen to the podcast, you can do all of that
right there on Instagram at the link tree in my bio.

Speaker 3 (01:06:58):
All right, we have five answers, only one of them
are right.

Speaker 2 (01:07:01):
Oh well I was right, So what so what are
the ones that aren't right? What are the answers?

Speaker 3 (01:07:06):
Egg? An egg so okay, the outside cooked the inside,
eat the outside, throw it the inside. That could be correct.
If you don't eat the yolks, that could be all right.
Egg boiled egg, Yeah, boiled egg a body.

Speaker 2 (01:07:18):
No no, no, no no, I mean maybe you can,
but don't talk about it on air.

Speaker 3 (01:07:25):
Go ahead, another another boat for egg? Pineapple Betsy. I
don't know about that.

Speaker 2 (01:07:32):
What's a pineapple Betsy?

Speaker 3 (01:07:33):
That was sent by Betsy?

Speaker 2 (01:07:34):
Okay, Oh, I get it down. I thought it was
like a recipe from the sixties or something.

Speaker 3 (01:07:42):
Sorry, Betsy dot Com. I was really really needed to
do some heavy lifting there my unicorn, no, thank you.
And uh second to answer was Brian. But number one
answer is Kayla, Kayla, Hayla. And the answer is corn.
That's right, Kayla the landscaper. You are the winner and.

Speaker 2 (01:08:02):
Bell for Jeff because you guessed two and the answer
was one. Yeah, you know, yeah. When you get a
corner cob, you kneel off the you shuck the carn,
then you cook the car and then you eat the carn,
then you throw away the cob.

Speaker 3 (01:08:13):
There, yep, yep, yep.

Speaker 2 (01:08:14):
Well, folks, you did it. You successfully whiled away another
ninety minutes of your Saturday morning listed to us right here. Congratulations, Kayla,
you'll get your prize in the mail. Play us out
of here, Jeff.

Speaker 1 (01:08:45):
You've been listening to Home Loans Radio with that mortgage guide.
Don Join us every Saturday at nine am on Real
Radio one oh four point one and check us out
online at home Loans Radio dot com