Home Loans Radio 11.08.2025 With That Mortgage Guy Don- Rates are Lower, It is surely time to consider a refinance.

Home Loans Radio 11.08.2025 With That Mortgage Guy Don- Rates are Lower, It is surely time to consider a refinance.

www.thatmortgageguydon.com

Episode Transcript

Speaker 1 (00:00):
Join the conversation text us at seven seven zero three one.
Now here's that mortgage guy Don.

Speaker 2 (00:08):
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. I'm here. We're doing it, doing
what we do every single Saturday right here, real radio
one oh four point one, doing it here with my crew.
Good morning, MJ, good money, Good morning, mister Fritz o.

Speaker 3 (00:28):
Ya start against Oh yeah, Fiery, I'm areas American American citizen.

Speaker 2 (00:36):
All right, American American citizen.

Speaker 4 (00:39):
Basically saying I am from the United States.

Speaker 2 (00:41):
Yes, from the from the United States.

Speaker 5 (00:44):
Well good, what state were you born in? That's a
little personal, isn't it. Oh you're right, fair enough Florida? Okay,
what about you same, Miami?

Speaker 4 (00:54):
What about you don?

Speaker 2 (00:55):
Same?

Speaker 5 (00:56):
All right, hook it up, making sure losers.

Speaker 4 (01:00):
In this chat.

Speaker 2 (01:03):
Just some PE's in the pod. Welcome to the Home
Loans Radio Show, that mortgage guy Don. What do we
do here every week? M Jay? What have we been
doing for over three hundred billion saturdays in a row?

Speaker 5 (01:15):
Talking about time management?

Speaker 2 (01:17):
All right?

Speaker 5 (01:18):
No, it's National Time Management Day.

Speaker 2 (01:20):
Wow? If I was managing my time properly. I'd already know.

Speaker 5 (01:24):
That that's what I had. I was like, I can't,
I just can't manage.

Speaker 4 (01:27):
It's good time management, Jake, time management?

Speaker 2 (01:31):
Is that national time management?

Speaker 5 (01:33):
Yeah? I don't get it.

Speaker 2 (01:34):
Seems like you'd only have like a national time management
ten minutes. It doesn't seem like you'd have a whole day.

Speaker 5 (01:39):
I worked at a firm.

Speaker 4 (01:41):
Yeah, it kind of seems wasteful.

Speaker 2 (01:42):
Now, right, a lot of time in there. I bet
you're not using.

Speaker 4 (01:45):
You're not managing anything, right.

Speaker 5 (01:48):
I know this is du regorre in you know law
firms and other places where they bill and you know,
little increments. But I once had a job. It was
kind of a menial job. It wasn't like a very
important job, but it was support systems. But you had
to you had to account for your time. Every ten
minutes of your time. You had to write it down,
like I spent ten minutes on project number twelve twelve
twelve four four four four, which for me was like
making copies.

Speaker 4 (02:09):
No, that's the longest project.

Speaker 5 (02:11):
It took so long to do. The time management like
it was the long The hardest thing of our day
is writing down what we did every ten minutes. It
took like an hour to half.

Speaker 2 (02:19):
An eight, an hour and a half.

Speaker 5 (02:21):
It's so much time. It's like you had to go
handwrite in like you know, I made copies for from
nine to fifteen to nine twenty five.

Speaker 2 (02:28):
That sounds terrible. It was.

Speaker 5 (02:29):
It was pretty terrible.

Speaker 3 (02:30):
It's kind of like, you know, when you have to
like you know nowadays on CRM management websites, you have.

Speaker 4 (02:35):
To do tickets.

Speaker 3 (02:36):
So it's like, all right, I did this. It's like, wow,
you did a lot of tickets last week. It's like yeah,
because I know what you guys want and I'm gaming
the system.

Speaker 2 (02:45):
Right.

Speaker 5 (02:45):
It was all about billing, Like they don't care what
our time is. They just need those those documented ten
minutes because they're billing that for like big time money.

Speaker 4 (02:52):
Yeah, you got a thirteen minute break.

Speaker 3 (02:54):
I'm going to put in a ticket form a fifteen
minute break, and then I'm going to put in a
ticket for clocking into my fifteen minute break, and then
I'm gonna put in a ticket for clocking out.

Speaker 4 (03:01):
That's three tickets right out.

Speaker 5 (03:04):
Why you are the ticket gang.

Speaker 4 (03:05):
That's why I'm an Employee of the Year.

Speaker 2 (03:08):
Any chance that they're listening, I hope not to how
you allegedly game the system. I mean, you're talking about
a friend, you're not talking about yourself.

Speaker 5 (03:19):
Also, shout out to all the people getting ready to
go to EDC. I'm sure that's a lot of our
mortgage listeners.

Speaker 2 (03:23):
Man.

Speaker 3 (03:23):
I heard it all night long. I like on like
the neighbor neighbor app or whatever, neighbor ring.

Speaker 2 (03:30):
You know.

Speaker 4 (03:30):
It's like people are like, is EDC allowed to be
this loud? I can hear it from across town and
all the comments are like, you live in a major city.
Move they bring three nights a year.

Speaker 3 (03:42):
Yeah, they bring hundreds of millions of dollars into the
city for a couple of nights.

Speaker 4 (03:47):
Like, if you have a problem with that, get.

Speaker 5 (03:48):
Out, put on your headphones. It's fine.

Speaker 2 (03:51):
Yeah. They estimate that it is a one hundred and
ten million dollar impact to the city of orlandoss bringing
that much money to hotels and restrons and you know,
stuff it is.

Speaker 5 (04:02):
You really can't hear it everywhere. I mean I've heard
that always and I'm usually not downtown during DC unless
I'm at DC, But I was last night at a
private home, you know, pretty far from EDC, and you
could hear it. Yeah, just clear as you could hear it,
just fine.

Speaker 2 (04:15):
Those speakers are loud, and.

Speaker 5 (04:16):
It was many many, many many bucks from There's.

Speaker 2 (04:20):
Some exciting news coming. If you're if you're a football
person having to do with Camping World Stadium fall sports
ball person, did you know.

Speaker 5 (04:28):
That's probably not for sure?

Speaker 2 (04:31):
The uh, let's see. The Florida Central Sports CEO Steve
Hogan released a statement saying Florida Citrus Sports has been
working for many years to do an opportunity to host
the regular season Jaguars. So in twenty twenty seven, the
NFL football team, the Jaguars, will be playing in Orlando
for whole season while their stadium gets remodeled the whole season,

(04:52):
the whole season in Orlando something I mean, it hasn't
been officially said by the NFL yet, but other people
are saying it. So it seems like the agreements are
in place, and we beat out it looks like we
beat out Gainesville, which was the other option.

Speaker 5 (05:08):
Wow.

Speaker 2 (05:09):
And so between now and twenty twenty seven, when that happens,
they're going to do a four hundred million dollar renovation
to the the Camping World Stadium.

Speaker 5 (05:18):
So we're going to get renovated so we can host
them while their stadium gets renovated.

Speaker 2 (05:21):
Correct.

Speaker 5 (05:22):
Oh, interesting, all right.

Speaker 2 (05:23):
I think the idea is to you know.

Speaker 5 (05:24):
Home deepo winds.

Speaker 4 (05:25):
Again, Home Depot wins again, to be a shirt.

Speaker 5 (05:31):
It's probably not home Deep.

Speaker 2 (05:32):
I get it. You think it's just going to be
like a four hundred million dollar renovation. It's just all
home depicts.

Speaker 5 (05:37):
Yeah. I think that people are lining up, all the
guys in there in their carpenter outfits, you know, lining
up getting wooden hammers and nails.

Speaker 2 (05:45):
It said. The facelift of the stadium will include modernizing
the stadium to compete for major events like NFL games.
It will include replacing the upper decks, connecting the concourses
and adding a new indoor event center.

Speaker 5 (05:58):
Very exciting.

Speaker 2 (05:59):
Stay tuned. If you like NFL, you're going to be
able to see quite a few games right here in
Orlando in that twenty twenty seven season.

Speaker 5 (06:05):
Somebody here reminding us that tonight today is scouting scouting
for food. Oh that's right. If you got a bag
on your porch last Saturday, today's the day you put
your bag out with some stuff in it.

Speaker 2 (06:16):
It's the day where they forced those children to march
up to up and down the street gathering can goods.

Speaker 5 (06:22):
Don't worry all those children are whining and complaining.

Speaker 2 (06:25):
I know. I know because I had a few of
the Scouts and Wheeblows collecting food back in the day.
Not one of them wanted to get up on a
Saturday morning and go out to collect food initially.

Speaker 5 (06:37):
Anyway, that food goes right to second harvest food banks.
So if you are putting food out, good on you.

Speaker 2 (06:43):
That's right getting and it is actually I should be
saying that, you know, good job kids getting food, gathering
food for people, the people that need it. They're the
people that are going to be hungry. You know, we
got to all kinds of stuff going on with food
benefits and Thanksgiving coming up and all that. That's your
chop kids out there doing the good.

Speaker 4 (07:03):
Work, especially now more than ever. And I'll leave it
at that for sure.

Speaker 5 (07:07):
Exactly, they're going to enjoy all the cans of pineapple
I donated Scott pineapple. Well, hold on, go back to this.

Speaker 2 (07:15):
Yeah, what did you put in your bag? What was
in your bag? MJ that you left something always.

Speaker 5 (07:19):
Hard because my pantries, it's it's inventory. Pretty carefully. So
anything I take out I literally do need to replace.
So I tried to something from each section.

Speaker 2 (07:26):
Wait a minute, you inventory or can goods at home?

Speaker 5 (07:29):
I mean I know what I have, Like, I have
so much soup and I have this anyway bean soup,
you know, pineapple, So.

Speaker 2 (07:38):
You had to dip into the beans soup and pineapple inventory.

Speaker 5 (07:41):
I did some pasta. Yeah, I had a good section
of things nice, all right, nothing weird this year. I
didn't offload my extra Martino cherries or anything.

Speaker 2 (07:53):
Fun.

Speaker 5 (07:53):
That's not how you say it, is it?

Speaker 2 (07:55):
I believe it is how you say it.

Speaker 5 (07:58):
Deaphanie Scott says they're too better parades today. Wow, that's exciting.

Speaker 2 (08:02):
Yeah, we got Veterans Day coming up on Tuesday, Tuesday.
It's a weird holiday that they actually do.

Speaker 5 (08:09):
On the day.

Speaker 2 (08:10):
Like a lot of federal holidays will be on a Monday,
so you can get a three day weekend, but Veterans
Day is on the is it the eleventh, and so
that's a Tuesday. So yeah, all right, there you go.
You're listening to the Home Loans radio show with that
mortgage guy Don You can text in your questions right
here Live to seven seven zero three to one, and
I will answer them here on air, or we will
anything having to do with home loans, real estate, buying

(08:32):
a home, selling a home.

Speaker 5 (08:33):
We're getting loans.

Speaker 2 (08:35):
Commercial loans. You can ask mj anything you can ask
for it's anything.

Speaker 5 (08:40):
Yeah, we are getting some mortgage questions. But I did
want to talk about Allsie Ozziezzi. Okay, Oh we did
talk about that last.

Speaker 2 (08:48):
We talked about it last.

Speaker 5 (08:49):
I forgot. It was awesome. Still ringing in my head.

Speaker 2 (08:54):
Texter, your assessments of m Jay's mental health to seven
seven zero three to one right here during the show.
Get will heed your warnings and take appropriate actions.

Speaker 5 (09:04):
Dan is out delivering packages in o Vedo and Joe
and Delan has no airplane work today, just cold beers.

Speaker 2 (09:12):
Yeah, that's what it's like when your big project is over, right.
You know you've been working on that airplane or whatever.

Speaker 5 (09:19):
It is for probably just looking at the plane, just
looking at it, just out there sitting there looking at it,
going there's my plane. I did that. You got to
get all the beer drink and done now, right, because
it's hard to why you're.

Speaker 4 (09:29):
Flying you're gonna be flying. You'd be like, you gotta
be you know, stone called sober.

Speaker 2 (09:34):
You're assuming that Joe's going to be sober whenever he
flies his plane. Yeah, tell me it.

Speaker 5 (09:39):
Ain't so tell Yeah, I'm sure, I'm sure it's true.

Speaker 2 (09:43):
I think any responsible pilot would would be, you know,
safe and alcohol free when they're flying.

Speaker 5 (09:49):
Course and carry are going to uh Saint Augustine for comedy.

Speaker 2 (09:53):
And let's take a let's dig into that a little bit.
Are they going there to see comedy? Find comedy?

Speaker 5 (10:01):
I think I think do comedy.

Speaker 2 (10:03):
We're here to find some comedy, please, I think to
perform some comedy performance is a comedian?

Speaker 5 (10:10):
So that should we just have an open handed here
from a person who I don't know who it is,
but they say, why is Fritz so awesome?

Speaker 2 (10:15):
Well, you know that is the eternal question under the
question why is Fritz so awesome?

Speaker 5 (10:21):
So many read I mean, is the question how is
Fritz so awesome? Or is it what are the things
so awesome about?

Speaker 4 (10:29):
Or is he is he awesome?

Speaker 5 (10:31):
Like is wait? Hold on, no, that's not a question.
We know we know Fritz is awesome.

Speaker 2 (10:37):
How is Fritz so awesome?

Speaker 5 (10:39):
Yeah?

Speaker 2 (10:40):
I think it started. I think it goes back to.

Speaker 5 (10:42):
What is awesome question is why which which is Fritz
so awesome?

Speaker 2 (10:51):
It starts when your mom when you were eleven, when
your mom.

Speaker 5 (10:53):
Lets you go to that Assie cons I think that's
the beginning of the awesome man.

Speaker 4 (10:56):
Speaking about drinking beer, can we go back to this?

Speaker 3 (10:58):
Uh So, going into the Aussie show, I was like,
you know, I'm gonna I'm gonna drink some beer.

Speaker 4 (11:07):
You know, I'm gonna have some whiskey.

Speaker 5 (11:09):
Did the show? No?

Speaker 4 (11:10):
No, this this past Halloween show? Did this show?

Speaker 2 (11:14):
And then you mean the one? You did it?

Speaker 5 (11:18):
That's funny picture eleven year old friends going to the show.
I'm gonna drink some beer, go to the bar. Anybody
need anything?

Speaker 4 (11:25):
Smokes, no, id, what are you talking about?

Speaker 3 (11:28):
After So, after this Aussie show, I have been uh
pretty much not doing anything, just letting my body heal
and just like playing video games.

Speaker 4 (11:36):
And it's awesome.

Speaker 2 (11:38):
Yeah, well you deserve it. You practice for what eight
weeks in a row?

Speaker 4 (11:42):
Yeah pretty much? Yeah, high intensity eight weeks.

Speaker 2 (11:45):
Yeah, well you get you get to what some of
my people call a puddle day.

Speaker 5 (11:51):
You get a puddle day.

Speaker 2 (11:52):
Yeah, after you finish this job that you're doing right now.

Speaker 4 (11:55):
But and also uh, you know, after this, you got
to take the trash out.

Speaker 5 (12:00):
Then then then text me your questions at seven seven
zero three one. I want to hear what your questions
are about mortgages, About what's going on with mortgages. You know,
there's things we want to know about it. I got questions,
do you. Yeah, I keep hearing all things about stock market,
this bond market that I hope you'll tell me what
it means. Yeah, we had you know, I mean, people

(12:22):
are excited and other people are not excited.

Speaker 2 (12:25):
It's just like it's like a constant state of flux.
The mortgage rates right now, they're good. They're better than
they've been a you know, we're really right about at
a three year low. If you got a rate with
a six and a half, you know, in the sixes
or a seven or something eight in front of it,
you should be looking at refinance for sure. Yesterday the
a lot of the tech stocks tanked. I didn't really

(12:46):
find an underlying thing other other than the fact that
a couple of reports came out that said October had
been a record month for layoffs in the United States. Yeah,
the highest since two thousand and nine. So I'm guessing
that affected the stock market, which in turn helped bonds
and made mortgage rates better yesterday afternoon, So mortgage rates
are we're at a three year low, and that we're

(13:06):
definitely seeing the benefit of it. If you had a
lot of Nvidia stock yesterday, you might be upset because
it went down a little bit, but you know that
stuff's all bouncing around. Well, we'll see what happens.

Speaker 5 (13:16):
All right, Cool, cool, Cool.

Speaker 2 (13:17):
You're listening to the Home Loans radio show with that
mortgage guide Don. We'll be right back after these messages. Hey, hey, hey,
it's that mortgage Guide Don. November has arrived and it
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(14:01):
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Speaker 4 (14:15):
Hey, this is Devil Roberts from the Jim Culbert Show.
Wend you're listening to Home Loans Radio on Real Radio.
Now back to the show with that mortgage guy Don.

Speaker 5 (14:26):
Hey, listening to home loans Radio with that mortgage guy Don.
I'm MJ and we got Fritz here and we're just
talking about things about the mortgages. And I know you're
here for it, and we're so glad you are.

Speaker 4 (14:36):
I miss you guys.

Speaker 2 (14:39):
Yeah.

Speaker 5 (14:39):
Man, So we got some questions here. Here's someone who says,
is it a good time to get a hel like?
Even if you don't have specific plans on how to
spend the money, even if you're not you don't have
a project, but is it a good time to get
a hel like?

Speaker 2 (14:54):
Just so you got it, that's a that's a good question.
You can that's how you text in your question seven
seven zero three one join the conversation. So I would
say you can do it right, But in fact I
did something like that, Like I have a helock that
I have that I didn't use, that I don't use.
You know, it's paid down to zero. It's there if
I if I want it. But the thing is, when

(15:16):
you take out the home equity lines, normally there's a
requirement to take out a certain amount of funds. So
like with our home equity lines, the smallest amount we
can do is a fifty thousand dollars home equity line,
and you have to take out at least fifty thousand
dollars at the time when you take out the loan.
And if you once you held it for three months,
you can pay it off or pay it back, you know,

(15:36):
but they want you to hold it for at least
three months.

Speaker 5 (15:38):
So I want you to spend they.

Speaker 2 (15:40):
Yeah, I mean they're loaning you the money because they
want to earn some interest me. That's their whole deal.
And so most of them have a minimum that you
have to take out when you do the home equity line.

Speaker 5 (15:49):
So if it's worth you don't have to spend it.

Speaker 2 (15:51):
You don't have to spend it, but you will pay
some interest on it. So like if you have a
fifty thousand dollars he lock, that interest you pay interest
only in the beginning on it, if you have that
type of helock, because we've got about a dozen different types,
but the most common one. If you if you take
that money out, you might pay three or four hundred
dollars a month in interest for that money, and then
if you hold it for three payments, then you could

(16:12):
pay it back and then just have the line sitting there.
But they always have a rule where they want you
to take out some money at the time when you
when you close the you know, when you get the loan,
when you close the loan. Great question, Thanks for texting
that into seven seven zero three one.

Speaker 5 (16:24):
So you do think it's a good time to get
a helock or well, the rates.

Speaker 2 (16:27):
Are the best they've been on heelocks. I mean we're
seeing rates in some cases in the fives and sixes.
It really depends on you know, your what your mindset is,
what you know whether that money gives you some sort
of sense of having a two hundred thousand dollars home
equity line there to use whenever you want. To gives
you a sense of security, then it might be worth
it to go through, you know, and pay the closing
costs and do the things to get the helock in place.

(16:48):
But it's really kind of a personal thing. Most people
find something they can you know, they're going to spend
the money on, or some of the money on, whether
it's a you know, remodeling a bathroom or paying off something.

Speaker 5 (16:59):
But yeah, well, and especially if you have things that
are high rate things, if you have any if you
have credit card debt, if you have a car, anything
that's like, you know, higher than the rate of the helock,
it's better to pay that off.

Speaker 2 (17:10):
Yep. I had someone recently. They had several several credit
cards that they were paying twenty nine thirty percent on
that were up close to their limits, you know, nine
ten thousand dollars on five of those cards, and they
were paying close to thirty percent interest on all that.
It's a lot of money. And then they came in
and did a helock at around six and a half percent,
paid it all off, and now they can pay that

(17:32):
over ten years, over twenty years, or however long they want,
or as fast as they want too. There's not really
any you know, it's not like a pre payment penalty
if you pay it off fast.

Speaker 5 (17:40):
Right there you go, great.

Speaker 2 (17:41):
Question, Thanks for texting that. In a seven seven zero
three to one.

Speaker 5 (17:45):
Mike is asking what is the difference between a home
equity loan and a home equity line of credit? Which
one is used for home repairs and upgrades and which
one can be used to pay off other debts.

Speaker 2 (17:54):
Good? That's a good. The primary difference between a home line,
So the name equity line or home equity line or helock,
those are all synonymous. The letters helocks stand for home
equity line of credit, whatever you call it, and that
with those, they're typically floating rates. They're typically interest only,

(18:16):
and it allows you to charge the card, you know,
charge the account up, the helock up. You can borrow
money from it, you can pay it back, you can
draw it again, you can pay it back again, and
usually there's a draw period where you can do that
either three years or five years or ten years that
you choose. You get to choose those, and those choices
affect your interest rates, so you can get different types
of helocks.

Speaker 5 (18:35):
And well, they'd ask about a home equity loan and
a home equity line of credit which are the same thing.
But the other question we always get is, well, yeah, let.

Speaker 2 (18:43):
Me let me expount. So there is something called a
home equity loan or he loan that's different than than
a home equity line, and the difference is that on
the first one we're talking about, you can charge it up,
pay it down, charge it back up. If you just
do a HE loan or an equity loan, that's just
a secon flat mortgage. That's like if you borrow fifty
thousand to do a new poll. You got your fifty thousand,

(19:04):
you pay it off. There's no future draws, there's no
back and forth on it, and a lot of times
those will have lower interest rates, so you pay a
little more to have the flexibility of a HE lock
compared to a HE loan or a fixed rate. Second
mortgage is another name for HE loan an equity loan.
All it means is that they're fixed. They don't have
the ability typically to have multiple draws on them. You

(19:25):
just get a lump summit closing and then you spend
it and then you pay it back. Great question, Thanks
for texting that in a seven seven zero three to one.

Speaker 5 (19:34):
Awesome.

Speaker 2 (19:34):
What else you got there. I'm jaying.

Speaker 5 (19:36):
Here's someone who says, our adult daughter recently got divorced
and has pretty bad credit as a result. All right,
that can happen. Six oh five credit scoing is looking
for work. We want to help her buy a condo
right down the street from us. We're being told by
our bank that we have to buy it as a
rental property with twenty percent down, even though we're not
going to rent it out. She's going to make the
payments from her alimony. Can we buy it as a

(19:56):
second home or a primary or is our bank correct
that it must be an investment property?

Speaker 2 (20:03):
Well, if you're buying it, you know, on the mortgage,
and you're the only one on the mortgage and the
only one that's going to be on the deed, then
then they are correct. It would be an investment property
because it's right near your house. But there's another kind
of a loophole way around. It's a little tougher on
a condo. But your your daughter, even though she has
a six oh five score and no job right now,
she could be the primary on the loan, and then

(20:25):
you could be co signers for her. Then it's her
primary mortgage and you're just co signing on it. So
that may be a way to do that. It's a
little harder to do that on condos because FAHA has
specific approval lists for condos. So if that condo happens
to be on that list, then that we could do it.
And I'm saying faja because the score six oh five,
if you're below a six twenty six forty.

Speaker 5 (20:47):
The parents are buying it for her.

Speaker 2 (20:48):
I understand, okay, but I'm talking about her being on
the mortgage as the primary. So when you do that,
you have to have her six oh five score in
the mix, and the only way to do that is
on an FAH loan. But it would allow you to
buy it if she buys it. It's like when you
have a lot of times I see people do this
when they have a student in college. They're going to
school full time, but they want to buy a house
or a condo near the school. Well, they can buy

(21:10):
it as a you know, as an adult, even though
they don't have a job. They can beat the primary
on the mortgage and all the income comes from the
co signers from the parents on the loan, And we
can do that in her case, also, so that would
be a way if we can figure if we can
figure that out with the condo, then you could do
three and a half percent down instead of twenty percent down.
So that's a big, a big difference. Yeah, hit me

(21:30):
up at the website that mortgage guy don dot com
and we'll chat about it. See if we can't figure
out a way to make that happen for you. But
I think there's a way to do it. Great question.

Speaker 5 (21:38):
Here's someone reminding us. They're telling us, ain't nobody getting
a pool for fifty k anymore these days? So how
much does a pool cost now? I mean we used
to say fifty k for the last few years, but yeah, I.

Speaker 2 (21:48):
Think it's the ones that I'm seeing lately are more
like in the seventy K range eighty K ranked now.
But that's I mean, you're talking about a full situation
with a deck and a screen and pay and sure
you know tiles usually sometimes even a hot tub.

Speaker 5 (22:04):
Not the pool I'm building in my yard.

Speaker 2 (22:06):
I don't know what kind of pool you're going to building,
your know, just something I.

Speaker 5 (22:09):
Saw on the internet. You just flying it with trash.

Speaker 2 (22:11):
Bags and you mean an above ground pool?

Speaker 5 (22:13):
Just a hole? In the ground.

Speaker 2 (22:15):
Just okay, I don't think anybody needs to know about that,
but you.

Speaker 5 (22:18):
Have right faring any money.

Speaker 4 (22:20):
He's bothering nobody to get any news where the bear
where the bodies are buried? And she'll tell you in
five minutes.

Speaker 5 (22:29):
Ain't no secret.

Speaker 2 (22:30):
It's a pool. Now it's a watery tombe later better
act right, We'll see which one is going to be
for you.

Speaker 5 (22:41):
Uh he's someone says, well, I think I have procrastinated
long enough. I have listened to you several times on
one oh four point what and I love the show.
I have a current thirty year mortgage that has twenty
eight years left with a seven point five percent rate
about three hundred and ten in BCE. The balance is
three hundred and ten. Does it make sense? Look at
a refive. My wife and I both have seventy fifty

(23:03):
seven fifty credit scores. What do you think?

Speaker 2 (23:05):
Yeah? Absolutely, I'm telling everyone right now, we're we're locking
loans in the fives in a lot of cases, faha,
loans VA loans down in the low fives. Conventional refinances,
we're able to get those. I locked one yesterday at
five point nine to nine, and they were at seven
point seventy five, so almost two points of savings in
your case, I think they said they have a what
three hundred and ten thousand dollars loan at seven point.

Speaker 5 (23:26):
What seven point five you'd be able to save.

Speaker 2 (23:30):
If we got you down to around five, you know,
assuming you have a good credit seven to fifty, get
you down to we around five point nine to nine,
you'd save around I would estimate three hundred dollars a month,
three hundred and fifty dollars a month in pure interest.
It's not you're not slowing down how fast you're paying
back your mortgage, and you don't even have to go
back to a thirty year Like if you're at twenty
eight years and you want to stay at twenty eight years,

(23:50):
we can do that as a brokerage and a lot
of your banks. You know, your retail enders aren't going
to be able to do that. They either have to
do twenty or thirty. But we can. I can do
a twenty two year mortgage or a twenty six year mortgage,
so you don't lose those. You know, a lot of
times people say, well, I don't want to refinance, I've
got two years in I don't want to go back
to thirty and so you can. You can do that.
You can even shorten it. You can look at fifteen

(24:11):
year loans. We're seeing some of the fifteen year loans
literally down around five percent flat, almost into the forest
right now. So yeah, if you've got a six or
a seven in front of your rate or an eight.
And I know there's kids going crazy because I just
said six seven out there, but yeah, if you've got
a six or seven in front of your rate, you're.

Speaker 5 (24:29):
Your Our large audience of children middle schoolers love the show.

Speaker 2 (24:34):
The caravans of people going to EDC right now just
swerving off the road because they're laughing so hard at this.

Speaker 4 (24:41):
They're like, man, this God Dann is funny.

Speaker 5 (24:46):
I don't know what a mortgage is, but I like
here in six seven on the radio.

Speaker 2 (24:50):
Maybe laughed so hard I got glitter am I eye.
But anyway, yes, have fun. But if you if you've
got a rate there, you should definitely be at least
getting a quote. It's super easy to get a quote.
I mean I've made it like it's not complicated. You
go to the website that mortgage guide don dot com,
or you can go through to ad Instagram. At that
mortgage guide, don you hit the apply. Now you fill
out your basic information on the refinance. We do a

(25:11):
soft credit poll. We don't even need to do a
hard credit pool to figure it out. That costs you nothing.
It costs me money to do the soft credit poll.
But I do a soft credit poll and then we
give you a quote and as simple as that. If
you like the quote, you say, let's go. If you don't,
you say, oh no, and then there we move along.
It's that easy. You are listening to the Home Loans
radio show with that mortgage guid don We're going to
take a quick break. We'll be right back after these

(25:34):
here messages.

Speaker 5 (25:36):
Hey, this is Ryan from the Monsters, and now back
to that mortgage guy done on real radio.

Speaker 3 (25:41):
Oh yeah, you know, I think our best stuff happens
during the break, because we were just talking about a
certain infamous date and I was like, oh man, I
would have loved it if that happened on my birthday,
but it didn't. And then I immediately thought of Chris
Lane Sea Lane.

Speaker 2 (25:57):
And his birthday, his birthdays on nine to eleven.

Speaker 5 (26:00):
It's like, oh man, it was fun.

Speaker 4 (26:03):
You're listening to Home Loans radio. Whoa, I'm we got
MJ and that mortgage guy don don there you go.

Speaker 5 (26:11):
Here's a question we haven't had before.

Speaker 4 (26:13):
I was still playing.

Speaker 5 (26:14):
Sorry, Oh, I'm sorry.

Speaker 4 (26:15):
No, no, no, I turned it up. I thought it
was over. Nevermind, always.

Speaker 2 (26:22):
Please do go on him.

Speaker 5 (26:25):
Everybody read my parents had a reverse mortgage in my
father's name. He recently passed and we're trying to sort
things out with the mortgage company. Doesn't my mother have
a right to sell the house as long as the
closing price covers the reverse mortgage and pocket the difference.

Speaker 2 (26:40):
Sure.

Speaker 5 (26:41):
So the assumption I think is that when they did
the reverse mortgage, maybe the mother wasn't old enough.

Speaker 2 (26:46):
Yeah, it could be so reverse mortgage, you got to
be sixty two. Anybody who's on the loan. It could
be that maybe she wasn't sixty two, she was below
sixty two, and the father still did the reverse. Maybe
what else could it be? Maybe they got married after
he did the reverse But they said mother. So yeah,
it probably has something to do with age, I would guess.

(27:07):
But yeah, so when the person that has the reverse
mortgage passes, if they're the only one on the reverse,
if mom had been on the reverse also, then it
would just continue as it was. But when a person
on a reverse mortgage passes, whoever the heirs are can
sell the property for sure, which would be the mom. Yeah,
which would be the mom if she inherited the home,
or if she was already on the deed and didn't
need to inherit it. I don't know how they had

(27:28):
it set up, but.

Speaker 5 (27:29):
She probably wants to live there.

Speaker 2 (27:30):
But she could also if she is over sixty two,
now she could you know, we could talk about a
reverse mortgage see if that would work for her, so
that she could continue to own the property and that.

Speaker 5 (27:39):
Have to make pain off the the other reverse mortgage
and then have her own verse reverse margin.

Speaker 2 (27:45):
You could refinance a reverse mortgage with a reverse mortgage,
or you can refinance it with a forward mortgage. And
if you don't have the income, then you could have
a co signer one of the you know, children, family members,
or you can sell the property. There's a lot of
options up. Hit me up the website that mortgage guide.
Don let's have a phone call and let me sort
through some of the details about how the title is
done right now and so forth, and then I can

(28:06):
tell you what your options are, and see if we
can't figure out a way to help Mom sort that out.
And you have a year after the person passes, so
it's not like it's a short term thing. You know,
you got a whole year to work it out and
I can help. Good question. Thanks for texting that into
seven seven zero three to one.

Speaker 5 (28:22):
And there are laws that protect you, right.

Speaker 2 (28:23):
Yeah. The other thing is that the value of the
amount you have to pay off on the reverse can
never be more than what the It actually has to
be five percent lower than what the property value is.
So even if that reverse has gone up and up
and up over time, it still can't go above what
you could sell the house for. In fact, if you
have to sell the house lower, then they will adjust
the amount you owe in some cases. So Mom should

(28:46):
be in a pretty good position. Just got to dig
into it and see what you want to do. Like,
if you want to sell the house, well then that's easy.
You just sell it and we get your connectioned with
the dream Home Orlando with Alexia Budram and you can
sell it. Or if you have an agent that you like,
you know you can sell it that way. Or if
you want to keep it living it then let's talk
and we'll see if we can't figure something out for you.

Speaker 5 (29:06):
I have a thirty year FHA loan. My rate is
six point five. I've been in the house one year,
I've had no late payments, My credit score is good.
Should I consider refinancing?

Speaker 2 (29:15):
Seven point eight seven five?

Speaker 5 (29:17):
Six point five?

Speaker 2 (29:19):
Oh? Six point five? And what did they say their credit?
I missed it?

Speaker 5 (29:22):
Seven hundred.

Speaker 2 (29:22):
Yeah. I think you could probably get close to a
point lower. And the bigger the loan, the more of
an impact it is. But a point lower is typically
what the goal is. Unless you've got a smaller like
seventy or eighty thousand dollars loan or one hundred and
twenty thousand dollars loan, then you're going to need to
probably get down a couple points to make a big
enough impact to do the refinance. But definitely, if you've

(29:44):
got a six or seven in front of your rate
right now, you should be considering a refin And there's
a free, easy way to get a quote that doesn't
do a hard credit pull, and that's me. You go
to the website that mortgage guy, don you hit the
refinance you know, apply now refinance, you fill out your
basics in there and that we do a soft credit poll,
doesn't ding your score, give you any hard inquiries, and

(30:04):
then we send you a quote. As simple as that,
you can see what it looks like. There's no easier way.
And if you already have a quote, you can also
go to the website and compare the quote you have.
Same way. You just upload the quote and I'll take
a look at it and tell you if it's treasure
or if it's garbage.

Speaker 5 (30:17):
Yeah, you have more questions, but they're all about refinancing.
Are people buying homes right now? Is everyone just kind
of refinancing?

Speaker 4 (30:23):
No, they're curious about that refinance option.

Speaker 2 (30:26):
Well, yeah, a lot of people have been sitting on
the sidelines for three years now, waiting for you know,
pent up, wait for refinancing. We have the most ever
equity people have. Americans have locked up in their home
in the form of equity because the rates have been
high for going on three years now, so people have
been loath to refinance, you know, into a higher rate.

(30:50):
But now that we're able to lock rates in the
fours in some cases, of fives in a lot of cases,
or low sixes, then it makes sense to look at
a refinance and get a free quote. Uh, don't sleep
on getting on the compare quote either, because I'm seeing
people wasting thousands of dollars if they, you know, if
they hadn't compared their quote. So don't assume that you

(31:11):
know your bank or your person that did it for
you in the past, or your servicer, especially your servicer
meeting the people you make your mortgage payments. Meat, I
can almost promise you if they send you an offer
of a refinance, it is not as good as it
can be because they're in the business of making interest money.

Speaker 5 (31:25):
They just want to keep you.

Speaker 2 (31:27):
They want to keep you. So if you've got a
seven and they lower you down to a six and
a quarter and you stay for another five years, they've
they've accomplished their goal. But meanwhile, I might be able
to get you down to five in a quarter. So
you if you definitely, if you're thinking about refinancing with
your current lender, you need to compare that quote because
they are never the best quote out there that you
get from your servicer.

Speaker 5 (31:46):
But they seem like the easiest. Oh, they do seem
like the it just comes to you and you're they're
like oh, well, make it so easy. It's fine.

Speaker 2 (31:53):
Yeah, they may have limited documentation they need. There may
be other things, and so might we. It just depends
on the scenario. But is that worth it to you know,
is that easier scenario worth one hundred and fifty dollars
a month to you for the next hour years? Yeah? Yeah,
for you know the effort. So you definitely want to
You definitely want to compare your quote if you're getting one,
and now's the time to get.

Speaker 5 (32:13):
Them, and it's easy. Here's so what it says. I'm
thinking about purchasing a home using a reverse mortgage. I'm
seventy eight, almost seventy nine. My gross annual income from
Social Security and pension is about thirty nine thousand. I
own a home value somewhere near three hundred and thirty
five on Zillo with a ninety two thousand dollars mortgage.
Do I have to sell this one to do a
reverse purchase? I don't want to dip into my savings either.

Speaker 2 (32:36):
So a reverse purchase allows you to put your cash
that you have on hand towards the mortgage as a
down payment. You know, you might put down fifty percent
or something like that, and then the rest comes in
the form of a reverse mortgage. So let's say it's
a five hundred thousand dollars reverse purchase. You put down
two hundred and fifty cash. The other two fifty can
be on a reverse mortgage, meaning you just bought a
five hundred thousand dollars house with two hundred and fifty

(32:58):
thousand and you don't have a mortgage payment on it.
So that's that's the logic behind the reverse purchase. But
it has to be your primary residence. So you know,
I don't. You don't necessarily need to sell the house
you have, but it would it would need to. The
new one would need to be your primary residence in
order for it to be a reverse mortgage, and you'd

(33:18):
have to convert that into investment property or the one
you live in now you'd have to convert it to
an investment property or sell it for rent or rental.
But your reverse mortgage purchase can only only be on
a primary residence that you plan to live in. And
that's the thing that matters with the reverse is as
long as you live there, then you don't have to
make mortgage payments. But if you are going to move

(33:40):
out and it's not your primary anymore. Well, then it's
not reverse mortgage material anymore.

Speaker 5 (33:45):
Hey, I want to know what you're doing out there
on this beautiful day.

Speaker 2 (33:48):
Great questions. Text that and more to MJ at seven
seven zero three to one.

Speaker 5 (33:52):
Tell me what's going on.

Speaker 4 (33:54):
Also, the age four reverse mortgage is it's sixty four.

Speaker 2 (33:59):
It's sixty two in most cases.

Speaker 4 (34:01):
But they're getting that wrong. I need to just tattoo it.

Speaker 2 (34:05):
It's sixty two in the what they call the Heckham
which is the Faha version. But there are other proprietary
versions that different conventional versions. I would say that different
lenders have that may allow ages down as though as
fifty five if the other person is above sixty two,
So like if you're seventy and your spouse is fifty five,
you may be able to both be on the rate.

Speaker 5 (34:25):
Just do an average.

Speaker 2 (34:27):
No, they just allowed the younger person to be younger.
You don't get as much of the equity out when
you do that. The older you are on a reverse,
the more of the equity you can tap into. Is
the short version?

Speaker 5 (34:38):
All right? Cool? Hello, I'm interested in taking money out
of my home. I owe roughly one hundred and fifty
seven K on my home and it's valued at three
hundred and ninety. My wife and I credit score is
in the seven thirties. What kind of an indust rate
are on helocks? I am looking to take out roughly
seventy thousand dollars for home improvements on our house Mount Dora.

Speaker 2 (35:01):
What was their interest rate on their primary Uh?

Speaker 5 (35:04):
Boo boo boo boo boom, boom boom. They didn't.

Speaker 2 (35:06):
Okay, helock may be the way to go to take
out the seventy grand that you're looking for, but it
also might be better to do a first mortgage, just
do a cash out first mortgage, depending on what your
interest rate is right now. So if your rate now
is above say six and a half, then you're probably
going to do better to do a cash out refinance.

(35:27):
And if if it's a if you've got a really
low rate, like a three or two or four, you
know back from when those rates were super low, then yeah,
helock is going to be the way to go. Rates
on a helock vary. It's not just about score, it's
also about the loan to value, meaning how much of
the equity are you borrowing out of the property compared
to its overall value. So if between and they call

(35:50):
it the CLTV is a combined loan to value, So
that means your first mortgage payment plus what the helock
payment would be, how much of the equity you have
borrowed out between the two of them, and your A
score determines the rate plus the type of helock or
he loan you're doing, So there's a bunch of variables.
So all that to say, probably somewhere the lowest I've
seen been around five point seventy five. The highest I've

(36:11):
seen on a helock is in the double digits, you know,
over ten percent, So depending on your scenario, somewhere somewhere
in there. And then once we see what the helock
rate is, we can then look at the wisdom of
whether it makes sense to do just a cash out
refinance or whether a helock would make sense. But we
got to do a little bit of a analysis before
we can figure that out. Simple and easy to find out.
You just go to the website that Mortgage Guide. Don

(36:32):
you hit the refinance button, apply now, then refinance. You
fill out the application. We only do a soft poll
to get you your quote, tell you what we could
save you and then we go from there. And if
you've already got a quote, guess what, go to the
same place and upload your quote where it says compare
your quote, and I'll tell you if you could do
better or if that's an amazing, amazing quote. You're listening
to the Home Loans Radio show with that mortgage guide.

(36:54):
Don We'll be right back after these messages.

Speaker 4 (36:57):
Hey, it's the brain from the news junkie. You have
a question for that mortgage going on?

Speaker 5 (37:01):
Text him at seven seven zero three one.

Speaker 4 (37:04):
No. Back to Home Loans Radio on real Radio.

Speaker 5 (37:24):
That song does lend itself to some tap dancing. You
are listening to Home Loans Radio. That was Corvis incorporated.
Love that hope. You're listening to all Things Frits on
the Spotify. Although I'm hearing some controversial things about the Spotify.
People are promoting the what's the what's the new one
that people like, Oh, I don't know anyway, I don't

(37:45):
know that it's new. But there's there's a there's a
service that gives a lot more of the money to
the artists. And I'm here, I'm seeing a lot about that. Anyway,
Go find Fritz.

Speaker 2 (37:57):
There you go. Welcome back to the Home Loans radio
show that mortgage guy dying. You can text in your
comments questions salutations to seven seven zero three one. You
got a mortgage question you've been dying to ask. Now's
your chance. I'll answer it live right here. You think
we're not live, test it out texting your question seven
seven zero three to one. Lots of airplane delays in Orlando.

Speaker 5 (38:19):
Oh my gosh, what is happening with the airplanes? I mean,
I know what's happening, but like, how is it going?

Speaker 2 (38:25):
Orlando is one of the forty biggest you know, hubs,
and so they have now mandated that they're ten percent
of the traffic has to be reduced as far as
the flight's going in and out of the airport. Yesterday
there were over a thousand delayed flights or canceled flights.

Speaker 5 (38:43):
In our airport.

Speaker 2 (38:44):
Oh yeah, and it's it's going to continue to snowball,
I guess. So leave you the moral of the story,
Leave yourself extra time. If you're going to the airport,
that's for sure, Well check your flights before you go.
Next year, they're not already pushed back, but something like yesterday,
I think they said over sixty percent of flights were delayed,
So check it out. No, before you go, right, can.

Speaker 5 (39:04):
You take the train? Does the train still go places
the train? Yeah? Can you get on an am track
and get somewhere sure, the East coast?

Speaker 2 (39:11):
Yeah, you can, like from Winter Winter Park station or
Sanford station. You can go to New York City, go
anywhere you want.

Speaker 4 (39:17):
Yeah, you can go at least at New York.

Speaker 2 (39:19):
I've looked at it before. I've never done it. Have
you ever done like a sleeper board train Fritz like yeah?
Or auto train or no.

Speaker 4 (39:27):
We flew into Jersey and then take the M track
to New York and back via Penn station. But that's
that was it.

Speaker 2 (39:33):
Yeah, that's like the that's like the light rail. I
mean a full on train.

Speaker 4 (39:39):
That's a full on train train, the train.

Speaker 5 (39:42):
I have friends who take the auto train back and forth,
like from Virginia. They really like it.

Speaker 2 (39:46):
Yeah.

Speaker 5 (39:46):
Yeah, they get on the train, get their car on
the train, and come visit Orlando and they got their
car and it.

Speaker 2 (39:52):
Takes like what a day, I don't know, few days.
That's interesting. I have to check that out. I looked
into a long time ago, but I know I haven't.

Speaker 5 (39:59):
I just wonder if you you like, really need to
be somewhere right now, like I would say, what we
had the airports. I don't know if you can count
on it.

Speaker 2 (40:06):
Yeah, it's a it's a little tough right now. But anyway,
be careful out there.

Speaker 4 (40:10):
Apparently it's four hundred and four dollars to travel from
Orlando to New York.

Speaker 6 (40:15):
Ya.

Speaker 4 (40:15):
Amtrak train takes take twenty one hours.

Speaker 2 (40:18):
Okay, okay, twenty one so you can actually get in
some cases, you can get a plane ticket cheaper than
four hundred and some sure, yeah, but I think this
would be more relaxing.

Speaker 4 (40:30):
It might be get a whole day. You can just
you know, you can call all of your friends telling
me you're on a train.

Speaker 2 (40:38):
Post one thousand Facebook posts guess where I am.

Speaker 4 (40:41):
You'll never guess.

Speaker 5 (40:42):
Yeah, yeah, things outside the window, you can look at
all the.

Speaker 4 (40:46):
Things quick name this farmland? Lol, just kidding, I'm on
a train.

Speaker 5 (40:55):
I'm on a.

Speaker 2 (40:56):
Train or where was the text that came in during
the break about it's something in Polaca beautiful language.

Speaker 4 (41:04):
Yes, it just rolls off the tongue.

Speaker 5 (41:07):
M someone is a pheasant hunting in Palatka, And I said, oh,
pheasant hunting and then like enunciate every tea pheasant in
a wutant.

Speaker 2 (41:21):
Maybe it's a typo. Maybe it's peasant.

Speaker 5 (41:23):
Hunye no, no, no, that's that's frowned upon.

Speaker 2 (41:26):
It's in pa. I lived there for many years. I
used to be a residence.

Speaker 5 (41:34):
Of course, I've been to Placa in the last few years. Yeah,
it's a cool little Florida town.

Speaker 2 (41:40):
Yeah, I lived on Emmett Street when I was in
third through fifth grade.

Speaker 5 (41:44):
I had some very authentic Mexican food in Polatka.

Speaker 2 (41:48):
That sounds that sounds just like perhaps they did some
pheasant hunting.

Speaker 5 (41:53):
I will say it did surprise me.

Speaker 2 (41:55):
Well, there you go.

Speaker 5 (41:56):
But you know, they had folks there who knew the
knew their way around, some very good Mexican food, and
I had some Well don't.

Speaker 2 (42:01):
Get shot in the face. What your peasant hunting?

Speaker 5 (42:05):
Well, I wasn't out where the pheasants are. I was
in the town.

Speaker 4 (42:08):
That's probably why you didn't catch any pheasants.

Speaker 2 (42:10):
Right, I'm gonna be honest. I don't know if i'd
know the difference between a pheasant and another bird.

Speaker 3 (42:17):
They look like they look like feral chickens, Like they're
like plump, little like baby chickens. But they have beautiful feathers,
like beautiful long tails, kind of like quails.

Speaker 4 (42:28):
If I'm thinking of the right thing. I played a
video game once.

Speaker 2 (42:34):
You've played more than one, just once.

Speaker 5 (42:38):
Yeah, they look like chickens. Look them up.

Speaker 4 (42:40):
They're like rooster birds, all right.

Speaker 5 (42:42):
Like okay, you chickens are delicious.

Speaker 4 (42:45):
I mean they look like they're they're like long tail dinosaurs.

Speaker 2 (42:48):
So you're getting all of your avian knowledge from video games.

Speaker 4 (42:51):
Yeah, surprisingly accurate. It's called red dead redemption two.

Speaker 5 (42:54):
Somebody researched that before they made those pictures in the video.

Speaker 2 (42:58):
I don't know, are you guys look at.

Speaker 4 (42:59):
It less right now or just me.

Speaker 5 (43:03):
And our hunter. Our hunter in Palaca asks what do
we think about the Ramsey baby steps? And we were
looking at that over the break. I'm sure many people
are familiar with mister Ramsey who does financial advising and
things I think on the radio.

Speaker 4 (43:18):
I immediately said, yes, I do them. I met them.

Speaker 5 (43:21):
Yeah.

Speaker 2 (43:22):
The steps are all very common sense, practical steps, plausible,
practical and and doable. So yeah, I definitely you know
you're talking about the steps where he talks about like
saving up. The first step is save a save a thousand. Yeah,
second step, pay off your debt by paying off your
lowest credit card first and then paying your second went

(43:42):
off after that and so on. Yeah, this stuff is
always pretty sound. I've never I've never had any issues
about it.

Speaker 5 (43:49):
And it's a way to dig yourself out. Steps and
ideas of ways to you know, because sometimes if you're
in a hole, it just seems so overwhelming and it's
really hard to see through it, and this is a
way to take action and get yourself Also a.

Speaker 2 (44:03):
Big proponent of doing shorter term mortgages like ten years
and fifteen year mortgages, because you know, if you do
a fifteen year mortgage instead of a thirty year mortgage,
the payment isn't double. You think, oh, cut it to
fifteen years, it's going to double my payment, It doesn't.
It really only raises it about twenty five or thirty percent.
So if it's something that's affordable, it's a huge way
to build wealth and save money. So yeah, I think

(44:24):
all the stuff that he talks about is pretty sound.
I don't think you can go wrong following that advice.
Great question. Thanks for texting that into seven seven zero
three to one. You are listening to the Home Loans
Radio Show with that Mortgage Guide Don. You can go
to the website all during the week and do all
kinds of things there. You can apply for a loan,
you can find out about a reverse, you can apply

(44:44):
for a SBA loan or commercial loan. You can find
out about a reverse mortgage. Listen to over three hundred
episodes of the show right there at the website at
that Mortgage Guide Don, and also go by the Instagram
at that Mortgage Guy Don and give me a follow.
We'll be right back after these messages.

Speaker 4 (45:18):
You say, the y s conder with that, since.

Speaker 2 (45:22):
Pleas don't turn it down.

Speaker 5 (45:27):
Absolute love Josey.

Speaker 4 (45:29):
Even if he iss.

Speaker 6 (45:35):
Goso starts come up and let's go there, that don't
mean anything.

Speaker 4 (45:46):
It's John him.

Speaker 2 (45:52):
John Hey, hey, hey, hey, hey hey hey. Welcome back
to the Home Loans Radio Show with that Mortgage Guy Don.
That's right, you're here, you're doing it listening to that
was the is that the Florida slang or the real Fritz?

Speaker 4 (46:05):
The real Fritz?

Speaker 2 (46:06):
There you go, and that one's Stars Up Lights Down.
If I'm not mistaken.

Speaker 4 (46:10):
That's the first track off Stars Up Lights Down. That's
called Life Without You.

Speaker 2 (46:14):
Oh yeah, very nice.

Speaker 4 (46:16):
Life without you ain't no life at all.

Speaker 2 (46:19):
You know what I forgot to do today that I
forgot to tell you how cool you are. Jeff. Love
your music and thanks for sharing it on air here
on our little show. Every week.

Speaker 4 (46:31):
It's fun.

Speaker 2 (46:32):
Welcome back to the Home Loans Radio Show. We're here,
We're doing it. We're doing what we do every single Saturday.
I'm here with my crew. Good morning, MJ, Good morning.
You can follow Fritz on Instagram at no regrets, I'm sorry,
no underscore regrets, underscore coyote. That's no underscore regrets, underscore coyote,
and you can find his music anywhere you find music.

(46:53):
Look for Florida slang, the real Fritz Corbus incorporated. Any
of those and you will find some gems. You're welcome.

Speaker 5 (47:02):
Here's the one. I never owned a house before. I
live on Social Security and d I. What's d I disability? Oh,
social security disability?

Speaker 2 (47:11):
That s d I SSDI.

Speaker 5 (47:12):
There you go, social security disability. My girlfriend is about
twenty years older than me and much more wealthy than
I am. She wants to spend five hundred and fifty
thousand on a house and put it in my name.
Is there anything I should be concerned about?

Speaker 2 (47:26):
Have you met this girlfriend? This is a Nigerian prince? No?

Speaker 5 (47:31):
I mean, is there anything to be worried about there?

Speaker 2 (47:34):
Well, you know, if so, you've got somebody a girlfriend
that wants to buy you a five hundred and fifty
thousand dollars house, yep, and put it in your name.
I'm guessing they're going to buy it cash and just
put it in your name. Or are they going to
make you pay the mortgage payments? Or you know, are
they going to pay the mortgage payments? Or I need
a little more.

Speaker 5 (47:51):
I guess those are the questions, right it is this
person just buying you a house for you to live in,
you would need to make sure that you could pay
I'm well, I mean, I'm just answer this question. Yeah, Well,
so you'd have to be able to pay your taxes
and insurance, right if.

Speaker 2 (48:04):
And the and the utilities and expenses of the house.
So if you're on a really limited income, you know
that can add up houses. Have you know, a house
has more square footage to air conditioned, so it can
cost more to do that. You know, you have a
when compared to an apartment, you might have a lawn. Tom.
I don't know if they're talking about the practicalities of
the home being in their name or legally.

Speaker 5 (48:26):
I think maybe part part of the question, yeah.

Speaker 2 (48:28):
And the question is you know, would you live there together?
And you know all that, But it sounds good on
the surface.

Speaker 5 (48:35):
Somebody wants to buy, so I.

Speaker 2 (48:36):
Can't see yeah, unless unless you're making a payment, and
make sure it's not some sort of scam. You know,
there's a That's why I make the joke about do
you know the girlfriend, because there are scammers out there.
I hear about these things all the time, all the time,
where people put money towards a house that someone's buying
for them, and then that money disappears, money that you know,

(48:58):
you think is free money, that it's not money. So
just be careful, buyer, beware. If you want me to
look over whatever deal you know you're doing, I'm happy
to do it, just just in the interest of making
sure everything looks kosher, at least from what I can tell.

Speaker 5 (49:10):
Here's what it says. Good morning, Happy fall. Next week anyway,
happy fall. Don We're in the process of getting a
helock and Laura has been fantastic. It's an eighty five
k quoted a variable and a fixed rate. Does it
look like the variable will be lower than nine point
five an eight point seven percent anytime soon? And is
there any penalty for paying it all back let's say

(49:30):
within five to ten years. Always listening in Palm Coast,
Thank you, Thank you, tony.

Speaker 2 (49:36):
You can pay back a heelock. Typically once you've had
it for six months, you could pay it off and
close it if you want so, five years down the road,
ten years. Of course, there's no problem there with most
of them. Now, you got to make sure. There are
some that will allow you to add a pre payment
penalty if you want to in return for a lower rate.
So some people will do that. If they know they're

(49:56):
going to keep it for three years, then they might
do a three year of pre payment penalty or something
like that to get a better rate, but it's optional.
What was the first part of the question was, so
are the rates going to go.

Speaker 5 (50:08):
Yeah, they're gonna go down. I think it'll be you
think they're going down.

Speaker 2 (50:10):
I don't think we're going to see much in the
way of rates changing for the next I would say
three or four months, okay, just because we still have
the same situation that we're in. We have the tariff situation.
We have, you know, the the FED deciding whether they're
going to lower the bonds. We just had reports come
out that said that October of twenty twenty five had

(50:31):
the most job layoffs in America since two thousand and
nine after the financial crisis. So we're you know, I
don't know what's going to happen with rates, but a
lot of times when you see the job market not
doing well, then the Fed is going to hold off
on that December decrease to the prime rate. And the
prime rate does affect home equity lines. So we've had

(50:51):
two reductions in the prime rate over the last six months,
and that should have made helock rates better, and we
may see it again, but I think it's probably going
to be the first quarter before they look at lower
in the prime again. It's hard to say. A lot
of the normal reports also that determine these things and
help inform the Fed of what they're doing are these
government reports, and guess what, they don't come out during

(51:12):
the government shutdown. So well, I think we're gonna whenever
they finally figure this out, we're gonna, you know, you're
gonna see all these reports come out. Who knows what's
gonna happen all that to say, Ah, I don't know.
I don't have a crystal ball, But generally rates have
been heading lower, and I think as we get into
the early and middle parts of twenty twenty six we
might see them come down the skosh more. But we're

(51:33):
definitely in a plateau, and the good plateau. We're the
best rates we've had in three years right now. So
if you've got a six or seven in front of
your rate, you should be getting that free refinance quote
at my website. Guess what time it is, MJ what
riddle time? It's Yeah, it's time for the compare quote
of the week dot com. That's right, what's the compare

(52:02):
quote of the week. Well, you might have heard me
mention it. I've got a feature on my website where
if you have a mortgage quote and you want to
find out if it's any good. It can be a
reverse quote, it can be it can be an SBA quote,
it can be a helock quote. You can upload that
quote for free and I'll let you know if you
can do any better, or if you're leaving money on
the table. Less than twenty percent of people, according to studies,
get a second quote when they're doing a mortgage. And

(52:23):
I think that's a huge mistake because I see so
many bad quotes come across my desk. So normally, normally
at this, during this when you're watching this space, the
compare quote space, you hear me talk about someone where
I save someone a bunch of money and they did
not miss the boat because they compared their quote, and
you're a hero and I'm a hero. This one is

(52:44):
someone who compared their quote but also missed the boat.
Oh man, because when I got this quote, I'll tell you.
Let me tell you what what we were able to do.
They had a quote of six and a half on
a purchase mortgage with fourteen six hundred dollars in origination fees. Wow,
in case you don't know, that's outrageous.

Speaker 5 (53:03):
That the origination fees are.

Speaker 2 (53:05):
That's with the fee that goes to the lender. Usually
you'll see that, you know, a couple thousand, or you'll
see points that you're buying the loan down a couple
thousand or a thousand or something like that. Fourteen thousand
is outrageous. I was able to offer them a rate,
so they got it. They were offered a six point
five rate with fourteen thousand, six hundred in points. I
was able to offer them a rate of five point

(53:26):
nine to nine with zero points. So that gives you
an idea of how much extra that fourteen thousand, six
hundred was totally extra. It was completely extra. By fourteen thousand,
six hundred. This would have saved them two hundred a
month on the payment INEID, which would have been seventy
two thousand dollars life of loan plus fourteen thousand less
in closing costs eighty six k in savings. So why

(53:46):
do I say this would have would have saved them
that Well, the problem was they were closing in five
days from when they reached out to me, and I
told them the only way we can switch landers of this.
I can't do a loan in five days. We need
at least two weeks. So I told them the only
way we could do this at this point would be
for them to extend, you know, for them to get
the seller to extend the contract for two weeks. Sellers

(54:09):
couldn't do that because they were buying a house, so
they were selling their house and moving to a brand
new house. So these folks ended up having to close
on this loan with the fourteen thousand extra in fees
and a higher rate than they needed. Because they did
they almost did it. They did the compare quote, yet
still missed the boat because they just did a little
too close to the closing and couldn't couldn't move it.

(54:31):
They did say they're going to be calling me up
in twelve months to talk about a refinance, so there's
that to look forward to.

Speaker 5 (54:37):
That's good.

Speaker 2 (54:38):
But in summary, in this gotcha. In summary, they had
heard about Don on his radio shows Can We do?
Can we do? A compare quote? Just before close, they
showed me the quote the one they had planned. I

(54:59):
found lowered payments would have saved fourteen grand. Comparing your
quote can be super great, but one key component is
don't wait too late. The moral, you see is compare
your quote your quote sooner. That way you don't miss
the Don savings. Schooner.

Speaker 5 (55:20):
Play the jingle, Friends, play the jingle.

Speaker 4 (55:27):
Dot Com you know funny, okay, funny. True story. Don
has been trying to work in Schooner for about four
weeks now.

Speaker 5 (55:35):
He did.

Speaker 4 (55:36):
I'm proud of you, very good.

Speaker 2 (55:38):
You know, I write down rhymes during the week. I've
like a little note place where I write down words.
And I wrote down Sooner and schooner about a month ago,
all right, and then here it was, and then here
it was. Finally we brought the schooner home.

Speaker 4 (55:51):
All right?

Speaker 5 (55:51):
So how do they feeling? Did they? I mean, were
they sad? Or were they just like, ah, how do
you feel? They said?

Speaker 2 (55:58):
The wife said that I almost wish we didn't know
right that part, but I'm glad we do.

Speaker 5 (56:05):
Yeah, so we'll see you right And that's happened before.
It's definitely happened before.

Speaker 2 (56:10):
And she asked me, are you going to talk about this?
I said to you, I have your permission. She said, yeah,
So there you go.

Speaker 5 (56:19):
Here's someone who says I have a home stead exemption question.
I own a home, but I decided to rent it
out and rent a small space where the rent is
a lot cheaper. Since I don't live in my house,
I can't get homestead exemption. Is there anyway around this?
It's the only property I own. I know others who
have done the same. Thanks.

Speaker 2 (56:36):
The homestead exemption is a tax break that you get
on your property taxes if you reside in the home.
That means, so it's basically for Floridians, it's to help
you with your taxes and you get lower taxes if
you are living in your house here in Florida. Who
it doesn't give discounts to you are people that are
renting out their property because then you're you're a landlord.

(56:57):
And it also won't give you a count on second homes.
You know, like if somebody is a Canadian snowbird and
they're up in Canada part of the year and down
in Florida for six months out of the year, then
they don't get that same tax break. So the people
that are investors or second home dwellers or snowbirds, they
pay more in taxes than you do to live in
your house in Florida. So there is no way around that.

(57:20):
If somebody you can also get in trouble. You don't
want to be saying that you're living there and then
they find out you don't, because then you can be fined.
It's not legal, so fraud. It is fraud. I would
advise heavily against you know, saying you live in a
house and getting that tax break when you don't. You
could you could be forced to give it back and
possibly penalties on top of that.

Speaker 5 (57:39):
I mean they haven't they're doing it the right way.
There's wanting is their way around it, and there just
isn't no as long as you don't live there.

Speaker 2 (57:45):
But I can tell you a way you can save
money as a landlord is by changing the homeowners insurance
that you have, because the policies are different for a
primary residence that you're living in, where they're ensuring your
contents and your furniture and then you know, all of
that stuff in the house. You can get a rental
property insurance policy where it doesn't ensure the contents of

(58:06):
the house because your tenant can get their.

Speaker 4 (58:08):
Own got to get their own.

Speaker 2 (58:10):
Or you can require when a tenant moves in that
they have their own renters insurance to go along. A
lot of a lot of leasing agencies do that. They'll
make you have a small, you know, fifty dollars a
month renters insurance policy so to cover the inside of
their stuff. But that's one way you can save some
money on the insurance and maybe I'll set the taxes
a little bit. Great question. Thanks, Yeah, coming from a

(58:32):
guy who's owned a lot of rental properties. Yes, but yeah,
thank great question. Thanks for texting that into seven seven
zero three to one. You are indeed listening to the
Home Loans Radio show with that Mortgage Guide Don. I'm
here with my crew MJ and Fritz doing what we
do every single week. Check out the website That Mortgage
Guide Don dot com. You can do all the things there.

(58:53):
You can compare your quote. Do it sooner rather than later.
You don't want to miss the schooner and give me
a followup on Instagram at that Mortgage Guide Don. We'll
be right back for the final segment of today.

Speaker 1 (59:05):
Do you have a question for that Mortgage Guide Don
text us at seven seven zero three one. Now back
to Home Loans Radio on Real Radio.

Speaker 4 (59:15):
Oh, Home Loans Radio, Baby, it's our last segment. That
means if you have not you can, but do you
have time?

Speaker 2 (59:23):
No?

Speaker 5 (59:24):
What am I saying?

Speaker 2 (59:25):
Yes?

Speaker 4 (59:26):
You can text then seven seven zero three to one
if you have a question relating to mortgages, buying a house, selling,
house refinancing, YadA YadA, bing bang bong. But do you
have time?

Speaker 2 (59:36):
No, it's the last segment, that's right, But you know
if you text it in I will endeavor to answer
you outside the show once it ends. Welcome back to
the Home Loans radio show. Yeah, yeah, you're listening to
me that mortgage guide. Don doing what we do? What
do we got? I had one more? One more? Oh?
Have you been just hankering for a This is making

(59:58):
me hungry.

Speaker 5 (59:58):
When you said hankering.

Speaker 4 (59:59):
Celtic hankering, it makes you hungry because I always associate.

Speaker 5 (01:00:03):
Hankering with food.

Speaker 2 (01:00:04):
Hanker for a hunk of cheese.

Speaker 5 (01:00:05):
Yeah, a hanker for a hanker.

Speaker 4 (01:00:07):
For a hurricane season. Don't you hanker down?

Speaker 5 (01:00:10):
Hunker down, you hunker down.

Speaker 4 (01:00:13):
It was the best I could do.

Speaker 5 (01:00:14):
You hunker down, and if you have a hankering you
might not get it because you're hungering.

Speaker 2 (01:00:19):
That's a hanker for a hunka a slice of slab
or chunk of.

Speaker 5 (01:00:25):
It was like a yeah, I don't know, I think yeah.
I think it was one of those where they are
telling you eat cheese because good for you. Cheese, big cheese, cheese,
bik cheese, coming to small children telling them cheese meat,
the cheese cheese is good.

Speaker 3 (01:00:45):
It's a big, big egg. Back in the eighties, murder
Right the incredible edible egg.

Speaker 5 (01:00:51):
Right right? Do you remember the big fake Newton Probably
nobody remembers that. Remember I was the Big Fig for
Halloween and I had an amazing costume. My mom made it.
I did the Big Fig dance. Here's the tricky part.

Speaker 4 (01:01:05):
Remember a big kool Aid back in the day. Yes,
breaking people's houses, being crashing their.

Speaker 5 (01:01:10):
Walls, throwing throwing red dye everywhere.

Speaker 4 (01:01:18):
Nightmare man.

Speaker 5 (01:01:19):
Yeah, can you imagine the trauma?

Speaker 2 (01:01:22):
So have you been hankering out, sorry for a Celtic Fest? Well,
what's the food like Celtic? I don't know. Daltona's Celtic
Fest and Highland Games are scheduled today.

Speaker 5 (01:01:35):
All right?

Speaker 2 (01:01:36):
Uh, eleven sixty one Sason Boulevard. I like the Celtic Festival.
That's a that's the free event. It features traditional highland
game competitions that mostly deal I'm gonna I'm gonna quote
my friend Brendan O'Connor because he wrote this little blurb
and it made me laugh so at the Orlando Shine.
Brendan O'Connor, he wrote, this free event will feature traditional
highland game competitions that mostly deal with flexing and throwing

(01:01:58):
heavy things while showing the and having big bushy beards.

Speaker 5 (01:02:02):
Right there, it is showing thigh, showing thigh.

Speaker 2 (01:02:05):
And Brandon went on to say they'll also have Highland cuisine,
live performances, and family friendly, family friendly programming. The fun
kicks off at ten am. It's in Daytona, Deltona.

Speaker 5 (01:02:16):
Delta's not Daytona. Okay cool?

Speaker 4 (01:02:19):
So is it in Celtics or Celtics.

Speaker 5 (01:02:22):
They're the Celtics.

Speaker 2 (01:02:24):
I think they're the Celtics, But I think is it
a Celtic fesst am I saying it wrong? Or is
a Celtic?

Speaker 4 (01:02:28):
I don't know.

Speaker 5 (01:02:29):
I don't know. I can tell you what they ate, though,
I think in sausages, a lot of sausages and like
big meat.

Speaker 2 (01:02:35):
What's Highland cuisine?

Speaker 5 (01:02:37):
I think sausages and big meat. It's beef.

Speaker 2 (01:02:41):
What do you think it is?

Speaker 5 (01:02:42):
Fred's? I mean, I don't think they're sitting around a
salad can.

Speaker 2 (01:02:46):
You can you pull that sausages and big meat quote
from MJ will need that some other times?

Speaker 5 (01:02:52):
Certainly I'm thinking big meat like those big turkey legs
that people walk around and eat, just like a big
turkey leg. Yeah, like big, big sauce and yeah, that's
what I think. I don't know is it. Is it
a veget Is it a vegetable forward cuisine?

Speaker 2 (01:03:05):
I don't think so.

Speaker 5 (01:03:06):
I don't think either.

Speaker 2 (01:03:07):
I think it's I.

Speaker 5 (01:03:08):
Don't think they're cooking up some lentils in the forest.
I think they're just eating meat, some haggis, and some.

Speaker 2 (01:03:14):
Sheep livers. Shepherd's pie. Shepherd's pie? Is that is that cuisine?

Speaker 5 (01:03:19):
Well, I can tell you what they ate if you
would like to hear. They ate oats and barley and
also bread. Okay, of the meats, which meats, do you
think they preferred pork?

Speaker 2 (01:03:33):
Yes?

Speaker 5 (01:03:33):
And what sheeps?

Speaker 4 (01:03:36):
Beef beef, pork and also venison, boar and wild fowl
kind of like pheasants, not unlike pheasants. And then dairy milk,
butter and cheese. So that's awesome. You got everything there,
fresh water and saltwater fish and then for vegetables onions, leaks, carrots, parsnips,
and berries. And they loved honey. That sounds rat.

Speaker 2 (01:04:04):
Everything you said, I like. My heritage is Scottish.

Speaker 5 (01:04:10):
You are you are, you are a Celtic human Scottish
and delivery dances. Imagine just tuning into the radio and
all you hear is sausages at big Meat back to back. Hello, Sorry, Dan,
laugh too.

Speaker 4 (01:04:22):
That was great.

Speaker 5 (01:04:24):
And iceman, says. Homer Simpson famously once said, I got
a hankering for a bankron. Oh all right, took a
whole new place. Uh huh, hankering for a hankering for
a bankering.

Speaker 2 (01:04:36):
Guess what time it is.

Speaker 5 (01:04:38):
Take it's time for the speed round.

Speaker 2 (01:04:39):
It's time for the speed round.

Speaker 5 (01:04:41):
There you're quote go here we go. I'm gonna ask
you some questions. You're gonna answer them.

Speaker 2 (01:04:47):
That's right. I'm just gonna ask me a bunch of
the questions we haven't gotten to so far today on
the show. I'm gonna answer them as quick as I can.
If I don't get to yours, it does not mean
that I didn't want to. Uh. Just go to the website.
You can send it to me from there, or you
can go to Instagram and DM me at that mortgage guide.

Speaker 5 (01:05:02):
Don can having wood rot on a few door frames
and window sills prevent a VA loan from going through?

Speaker 2 (01:05:08):
Yes, one hundred percent. VA is one of the most
serious ones about They actually require. They're the only loan
that requires what's called a WDO, which is a wood
destroying organisms which covers fungus and ants and carpent rants
and termites and all the bad things for wood. But
VA requires it. The others don't require it unless the
appraiser reports some obvious wood damage or crawling termites or

(01:05:32):
you know something like that.

Speaker 5 (01:05:34):
Can I use money in my four to one K
to buy my first house? Oh? Jeff can answer this one.

Speaker 2 (01:05:39):
Yes, that's how Jeff bought his first house. Yes, you can.

Speaker 5 (01:05:45):
Awesome. How do I get an appraise a waiver on
a refinance? I heard you talking about it, but not
how I get it waived.

Speaker 2 (01:05:51):
There's not really anything that you can do. It's when
we run it through the system. If the loan to
value is below seventy percent and your credit score is
pretty decent, a lot of times you will get the
appraisal appraisal waiver, but we don't know. We have to
run it through first the Fanny May system to see
if it'll give us a waiver, and then we can
run it through the freddie Max system for a waiver,
and if one of those it basically it pops out

(01:06:13):
a report and says this house is eligible for a
property inspection. Waiver, meaning you don't have to get the appraisal.
So it's not something you can do. It's just when
we run it through the system. If it pops, it pops.
I'd say about thirty five percent of the time we're
getting appraisal waivers, meaning people are doing refinances and not
even have to pay for an appraisal.

Speaker 5 (01:06:31):
I'm a veteran and I want to buy a home.
I called a bank and was told to come back
once I have my certificate of honorable discharge?

Speaker 2 (01:06:37):
What is that?

Speaker 5 (01:06:38):
And how do I get it? How would they not
know what that is?

Speaker 2 (01:06:41):
That is? That is two things they're confusing the veteran.
Thank you for your service. You got Veterans Day, Veterans.

Speaker 5 (01:06:50):
Day on Tuesday. I'm going to americause we have to
work on Monday, but then we get off on Tuesday.
Go veterans. Yeah.

Speaker 2 (01:06:56):
I'm an Army veteran myself, and always if you're a veteran,
you got a guy here what take good care of you.
But you don't need I think they said your certificate.

Speaker 5 (01:07:05):
Of discharge, honorable discharge.

Speaker 2 (01:07:07):
You have your d D two fourteen, which is are
your discharge papers, and then you have a certificate of eligibility,
which says whether you're eligible for a VA loan or not.
Neither of those should they send you away to go
get I can just bog into the VA portal online
and pull up your certificate of eligibility. I see, So
don't worry about it. If you go to my website
and apply, I can get your certificates for you and

(01:07:29):
provide them to you. But it just shows that you
have the VA eligibility that you're allowed to do the
VA loan.

Speaker 5 (01:07:35):
All right, here's the riddle riddle time. We've had this
riddle before, so give it a beat, you know, in
case that some listener wants to answer, Oh okay, but
you know, or if you're ready, if you're thinking of
it anew, then feel free to jump in. But if
you just hear it you're like, oh yeah, I know
that one, then give a second.

Speaker 2 (01:07:51):
This rule has got a lot of dango rules. You
know what?

Speaker 5 (01:07:59):
Don fair enough? Forward? I'm what you do every day backwards,
I'm something you hate. What am I?

Speaker 2 (01:08:11):
Forward?

Speaker 5 (01:08:11):
I'm something you do every day backwards. I'm something you hate.
Something I hate something you hate? So are you thinking
of it a new?

Speaker 2 (01:08:21):
Yeah?

Speaker 5 (01:08:21):
I think I got okay, good up. Fritz. Has it forward?
It's something you do every day. Backwards it's something you hate.

Speaker 2 (01:08:30):
It's not coming to me.

Speaker 5 (01:08:31):
Go ahead, Fritz.

Speaker 2 (01:08:32):
Is it live?

Speaker 5 (01:08:33):
It is because backwards it is evil. So every day
you are living, and.

Speaker 4 (01:08:41):
Every day you're evil.

Speaker 5 (01:08:42):
Ye evil.

Speaker 2 (01:08:45):
There you go. Well, folks, you did it. You successfully
wiled away another ninety minutes of your Saturday listening to
us on here live on Real Radio one of four
point one. Play us out of here with something amazing,
mister free.

Speaker 5 (01:09:15):
Over last, up over this hear.

Speaker 1 (01:09:20):
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