Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:05):
Good morning, like continue listen to Welcome Home show by
Guardian Savings Bank very frakt Madam's and you're with you
this Saturday morning. Glad to have you tuned into US.
I hope you got your raincoat, might need that a
little bit today and banks open from nine to one.
You can give us a call eight five nine eight
ninety nine one nine three six Southland drives eight five
nine two sixty three three three three five, So if
(00:27):
you can hear, if you can call us, we uh
Tim you got a call from the radio show last
weekend and UH get working on a deal with that.
And I've again had some phone calls this week. People
are moving and shaking man on buying stuff and refinancing
and getting things done. And uh, I got a debt
consolidation loan this week. Some people are gonna their rate
was in the sixes anyway, and right now we are
(00:50):
at six six two five on a thirty six and
three eights on a twenty and five point seventy five
on a fifteen. So you know, if any of those
things can help you out, please give us a call.
And depending on the equity situation in your credit scenario
and so on and so forth. If everything falls into place,
the closing cost on a reefin answer.
Speaker 2 (01:09):
About nine hundred and fifty eight bucks.
Speaker 1 (01:11):
That doesn't include any scrows or anything that covers your praise,
little closing costs and everything we need to put your
loan together. But you know, once we get a look
at it and see credit score, could create a little
different closing costs, loan to value and so on and
so forth. But it doesn't take you too long to
break even, Tim at nine hundred and fifty eight bucks.
Speaker 2 (01:28):
If we can get it done that way, and you
can give us a call at eight five nine eight
nine nine one nine three six and we can discuss
it absolutely.
Speaker 1 (01:34):
And uh, of course we get a lot of calls
or I get a lot of calls in general about reefinantce.
Speaker 2 (01:41):
Hey, Tim, I'm at seven percent. Where are you?
Speaker 1 (01:45):
They're really not ready to pull the trigger at six
point sixty two five and I kind of can. That's
a hard decision, you know, for me to with closing costs,
like you're saying it less or nine hundred and fifty
eight dollars or whatever. It's hard for me not.
Speaker 2 (01:59):
To say, why don't you go ahead? Let's reefin age at.
Speaker 1 (02:01):
Six point sixty two five. If you're at seven and
a quarter, it still makes sense. But there's a there's
this perception that rates will come down a little more
as we proceed with this new administration. Well, and everything
is leading that way in the numbers that we're seeing
in some of the inflation stuff. But for nine to
(02:21):
fifty eight, if you're saving three hundred bucks a month
in three months, you broke even you know it. You know,
if it's it depends on how much the savings are,
but you know you can do it again.
Speaker 2 (02:31):
For nine to fifty eight.
Speaker 1 (02:32):
You could do three or four loans with us for
what closing costs are going to be with about anybody else,
and we can just work.
Speaker 2 (02:38):
You down the line like we've always done.
Speaker 1 (02:40):
But I think I think that the rates are we
can see it with our rate sheet now. I mean
we're six six two five on a thirty six and
three eights on a twenty and five seven five on
a fifteen and government rates with FAHA pa USDA and
all those are not too bad either, you know. So
six and and eight yeah, on a thirty year fixed
with FAHA. So and that see, that just tells you
what the market is right now. The FAHA is six
(03:02):
and eighth and we're six six two five. That's a
half a point spread. So it's coming. I mean, that's
to me is the tale that it's coming and the
cost of money is going to get better. And you
know FAHA and they do their own funding sources where
we're working with, you know, Freddy Mack, Federal Home Loan Bank,
Fanny May some and so that's the rate, that's the
(03:22):
rate progress where we're making.
Speaker 2 (03:24):
Well. It was a wild ride on Wall Street this week.
Speaker 1 (03:28):
The Dow was off six hundred one day, four hundred
one day, and then they rallied. The markets rallied on Friday,
and that was a good sign for the markets, but
not a good sign for mortgage backed securities commonly.
Speaker 2 (03:45):
Traded as ten year treasury bonds.
Speaker 1 (03:49):
So when stocks are positive, bonds are usually negative.
Speaker 2 (03:53):
And that's what happened yesterday.
Speaker 1 (03:56):
That's just still not enough movement in the market on
the market indicators to push rates down any further than
we have right now. But once again, if you wait
to buy a house, it's gonna cost you more when
rates come down, well, right, and the more people you're
gonna have to bid against. I tell if I can
qualify it today it's six six two five. You know,
(04:16):
you got to marry the home and date the loan.
You know, we can redo something down the road. But
the lower the rates get, the more people you're gonna
have to compete with in a bidding market. And so
you just have to be aware of that type of
stuff as well. You just want to you know, keep
all of you just you know, give us a call.
If it makes sense, we'll do it. If not, we'll
make a plan of when we can. But rates are
going to get better. And I think that there's some
(04:36):
stuff moving and shaking behind the scenes. There's something to
do with five year calls and puts or something on
the back side of this treasury market here that that
people are trying to prepare for. And I'm talking to
big wigs. I'm talking your you know, your you know,
your warm buffet type people. There's some stuff where they
bought some stuff and it's come and do, and so
this market's gonna move a little bit because of that.
(04:58):
But then if you get the government, you know that
they'll you know, I think they mentioned at one point
they might start buying some treasuries later on this summer
some quantity of easy type of thing again. And so
we'll just have to wait and see that they are
going to continue to come down.
Speaker 2 (05:11):
But if we can save you some money, now, let's
get it on.
Speaker 1 (05:14):
You know what I mean, give us a call eight five, nine, six,
close alone. Say, you know, have a couple of months
maybe without a payment, you know, put three or four
debts into one. There's so many people out of their
credit card debt. It's you know, twenty four, twenty five thirty,
you know. And you know I've I saw an article
about late car payments are becoming a lot more problematic,
(05:38):
so when no Americans are stretched thin. And the other
thing I saw is more pets have been surrendered to
the Humane Society. And because someone can't afford but they
upkeep on a pet.
Speaker 2 (05:50):
That's a sad state that it's gotten to that point.
Speaker 1 (05:53):
Well, dude, it was you know, it was the job.
You know, it's everybody's feeling it. I mean, if you
most of the people out here, if if their life
were to be spelled out like your gas gauge in
your car, most of them are riding that day near
on empty. You know, what I'm saying as far as
money goes, and so they stretch into their credit cards
and they start doing stuff. And you know, honestly, I
(06:14):
ran up a little bit of credit card debt myself.
I'm gonna have to get paid off. And some of
it was medically related and other stuff. But I mean,
you know, and I hate it. And generally when I
use them, I try to pay them off immediately. But
I've had to carry it a little bit. But I'm
you know, getting to where I'm getting them liquidated back out.
And that's the call this week, you know, from my
consolidation loan where the people were in the six is
(06:35):
already and they've run up some credit card debt with
a college student and some you know, some things like that.
And I said, hey, I'm right with you. I mean,
I got into it myself. But you know, we'll put
a good loan together and get them out. They've done
an effect. We we can do it. It'll cost a little
bit of money, but it's a darn sight cheaper than
the thirty percent their paying on the credit cards.
Speaker 2 (06:52):
Correct, you know, lot love better interest rate. You can't.
It's hard to find six percent or six point sixteen
five on a C card.
Speaker 1 (07:00):
Anyway, they're all up in the teams or not hot
thirty percent too, and I know that they're spent. I've
heard some rattle up in Washington about lowering the ceiling
to ten. Yeah, we'll see what happens there. That would,
you know, be a benefit to people. I mean, you know,
you have to have some credit cards, and we talk
about that, you have to have three open lines of
(07:20):
credit to maximize your credit score. And you you know,
the longer your history, the better it's going to be.
But use them a little bit, pay them off, use
them a little bit, and pay them off. Went through
it with my kids girls. You got to have a
little bit of credit. I ain't always going to be here,
you know. I had them as an authorized user for
a little while on a card and never you know,
never actually used it myself, but I had got something
on their credit report, so they'd have a credit report started,
you know. And now they're old enough and out on
(07:42):
their own and productive citizens out here in the community
and they're taking care of their business. But you know,
that's what I did to help them get started. And
a lot of people do that. But you have to
have three open lines of credit. You know, if you
have credit card debt, you want to have it at
about sixty percent of the balance or less.
Speaker 2 (07:57):
You know, the lower the better.
Speaker 1 (07:58):
But you want to obviously pay your bills on time
and and don't get overextended.
Speaker 2 (08:02):
But you know, I.
Speaker 1 (08:03):
Had a a kid to call me, you know, last
week that I spoke with. He graduated from UK last
year and he got a good job, came out of
his job as an engineer and and uh we were talking.
He's gonna buy a house and uh wanted to get preapproved.
And I talked to him and he had just three
lines of credit, and I mean everything was just so
on point, you know. And I was like, well, you
know who who's led you down this path? I said,
(08:26):
somebody has got you head of the right direction as
to your parents. He said no, he said, I've got
some books and started reading. I wanted to know how
to build my credit. I want to know how to
make it as strong as I could. And so he said,
I've studied on what I needed to do, and you know,
and uh, he saved some money. But I was like,
I'm just so proud to talk to him. I said, dude,
I love it, you know, I said, I like your
style and like the way you're thinking. And he was
(08:47):
wanting to buy a duplex somewhere in the area so
he could have somebody rent one side of it and
he could live in the other and you know, take
advantage of that FAJA loan that you can do that with.
And and I mean it was just he had his
ducks in a row, as you would say, and it
was pretty impressive. But he was self taught, self motivated,
helped hold himself accountable and getting all the things done.
And that's what you have to have least three open
(09:07):
lines of credit. A lot of people think before they
want to come by a house and apply for we're
gonna have to close out all of our cards or
we're gonna have to pay everything off.
Speaker 2 (09:14):
Don't do that.
Speaker 1 (09:15):
When you pay those cards off and close them out,
you lose that history. And if you're out there right
now like us, and you know we took we decided
just to open a four o one K and with
a Guardian Savings bank matching program, you should also educate
yourself about your four oh one options, which we're gonna get.
(09:35):
We're getting ready to a yearly review of that. We
talked about a lot of things on here and looking
at your homeowners insurance every year and monitor your four
o one because most planned administrators have a great resource
where you can talk to people about your four oh
one K allotments and where they're going and what changes
might you might need to tweak or what other options.
Speaker 2 (09:57):
Do you have available.
Speaker 1 (09:58):
I had a guy called for a after loan, you know,
and we were talking about and they've got that down
in the UK. They've got a great requirement plan down
with that TIA craft and the way that they set
it up for their people and and do the stuff.
And he had, you know, he's he's moving on with
his education, getting things put together. And I just like that,
you know, the calls that we get in the conversation
we had, they're listening to the show because they know
(10:20):
they call and say, hey, you know, I was listening
to this and I've done that and and just like
your call last week. But you know, my buddy, all
these issues are connected. Larry mortgages, your financial advisement. There's
it's all a big pie chart. Yeah, And my buddy
Jack Taylor down here owns the liquor store. You're talking about,
you know, how everything's changed in the world, and I
just want to point this out right quick. I'm gonna
(10:41):
pick on him a little bit. You were talking about,
you know, somebody's selling out their wines. You know, he's
got the liquor store down there. When them tariffs came out,
somebody went all bought all the beef eater stuff that
he had, you know, And it's just the economy and
everything's changing, and people were reacting. But you know that
the markets are what they owned in the real world
as far as the ten year and stuff.
Speaker 2 (11:00):
But this week we've had a historic event.
Speaker 1 (11:04):
Larry Gold went over three thousand an ounce for the
first time ever.
Speaker 2 (11:09):
You know, you know, I don't what to make out all.
Speaker 1 (11:11):
I think if any if I was a financial adviser,
I'll say, jump into the market right now after they
it took such a hit this week over concern about
the shutdown. Yeah, so now I think they've averted the shutdown.
Buy some stock today.
Speaker 2 (11:25):
Yeah.
Speaker 1 (11:26):
Well, you know, people all the time I do. I
lost sixty two thousand dollars in my portfolio.
Speaker 2 (11:30):
They said, did you sell out?
Speaker 1 (11:32):
No, whether you ain't taking a loss yet, then just
keep buying buy some more right now, if you again, Larry,
if there's been any constant in this industry since we've
been in it, it's changed and it's very cyclical. And
that's what we're sitting here and looking at. When's the
when's the next cycle? Yeah, and it's coming. I mean,
the rates are going to get better. People are out moving,
they're calling, they're you know, making things happen. There's houses
(11:55):
out of here, houses being built, and you know you're
in a fairly insulated place in central Kentucky where you're
gonna get a decent return because.
Speaker 2 (12:02):
Of the area.
Speaker 1 (12:03):
You know, what's what's would he tell us of five
and a half or six percent return annually?
Speaker 2 (12:07):
Bout it on our properties.
Speaker 1 (12:08):
So anyhow, it's uh, it's a give us a call
eight five nine, eight nine nine, one nine three six.
We don't do boat loans or note loans. We do
mortgages only. But we'll put a plan together for you.
We'll get you preapproved if you're buying. We'll see what
we can do to healthy as Forest and Soliday and debt.
We're gonna take our first break on the show today.
We appreciate you tuning into us, and we'll be right
back when we've got Jordan Lee King's going to be
(12:29):
doing the music for you today. If you had twisted court,
this eaveson and hopefully you can get out and send
get a chance.
Speaker 2 (12:34):
But you are listening to Welcome Home.
Speaker 1 (12:35):
Show by Guardian Savings Bank on news Radio six thirty
of you w.
Speaker 2 (12:40):
L ap, We'll be right back bank.
Speaker 1 (12:42):
Listen of the Welcome Home Show by Guardian Savings Bank.
Lardy Breaks Tim Adams in here with you this Saturday morning.
We're glad to have you tuned into US. Bank is
open today from nine to one. Phone numbers eight five nine,
eight nine nine one nine three six.
Speaker 2 (12:54):
Balphin Drive is eight five nine two six.
Speaker 1 (12:57):
Three three three three five, So if you can hear
she can call us one. Just talking about the various
loans and stuff we have. We still have some down
payment assistance on some of the programs.
Speaker 2 (13:05):
We have the Welcome Home funds. The twenty thousand dollars
money went out pretty quick.
Speaker 1 (13:10):
It's gone, but we still have our KHC, we got
some stuff with FHA, we got USDA, we got VA.
We still have some decent loans out here and we
can help you first time home buyers. Just depends on
where you're buying, what the program we pick. Whatever you
qualify for, we'll see what we can do to help you.
So give us a call on.
Speaker 2 (13:25):
That as well. Eight five nine, eight nine nine nine
three six. And we do it all. We do all
kinds of property. Now.
Speaker 1 (13:31):
Had somebody call about trying to get a car loan,
you know, and I appreciate them calling. It's not something
we do, tim You know, we do home equity lines
of credit as well. New bridge loans man, We've done
a ton of bridge loans. I've gotten several, and Alex
Tingle's got several. And you know, a bridge loan is
a unique tool because you can take advantage of the
equity in your home before you sell it, and it
allows you the freedom to buy something else if their
(13:53):
equity is all in place too, and then get the
new home bought, do what you want to do to it,
move into it, move out of your old house now,
so now you can do whatever you need to get
it to maximize the sales price on it. And then
when you sell it, what we'll do is we'll come
in and pay down the balance to a comfort zone
for you or whatever qualifies for if you pay it off.
Speaker 2 (14:11):
You pay it off.
Speaker 1 (14:11):
But you know, we've got a lot of people that
use that program. Uh, Like, my customer owns his house
friend clear right now. So we're just going to put
a soft lien on that house until he sells it,
and we're going to take a lian on the new
house he's buying and give him the capital he needs.
So it's a way to transition into a new home
with no contingency to sell your current home.
Speaker 2 (14:31):
And that is a luxury.
Speaker 1 (14:33):
It is certainly a luxury and worth every dollar spent
to have that luxury if you can do it. And
so they don't want to sell their current home right away.
They've got up six eight month plan here to gradually
transition into this brand new home.
Speaker 2 (14:48):
This gives them a way to do that. We're going
to be real. We're going to give him a short
term rate and they're going to try to refinance as
soon as.
Speaker 1 (14:56):
They sell or whenever the market comes into play. With
how how much time I was going to talk to you, Tim,
You know, we talked about this escalating clause you know
in the contract part of it that doesn't have anything
to do with a contingency or something. But This escalating
clause can be good for you if you've got a
realtor that understands it, because if you're bidding against somebody,
you can let them know what your top dollar would be.
(15:16):
But somebody that might be getting to bend against you
during the process, you have to be able to see
that bid to move forward. So I a friend of
mine was kept putting these offers in, kept losing them.
He said, Larry, I think they're no what a bid?
And I said, do an escalating offer, and he would.
He would go in offer three ninety five. He said,
I'd be willing to pay up to four ten, but
he said, I will, but I want to I'll move
up in five hundred dollars increments. So if somebody came
(15:38):
in to bid three ninety five to five, he would
come in do three ninety six. If that person went
to four hundred, he would go to four one five,
you know, And that's how he found up getting his
house finally with that. So now I had somebody pull
a trick on that. Recently, I had one of my
clients that was working in the house out in the
Brasail area, and that the asking price was three ninety
five the mark at analysis showed that it was probably
(16:01):
three ninety one in value.
Speaker 2 (16:02):
So they went out and they.
Speaker 1 (16:03):
Loved the house, and they put an escalating claws together
and they made an offer at four hundred thousand, five
above asking with an escalating clause to four point fifteen.
The realator that was selling the house taught them and said,
you've got the highest and best offer at four hundred thousand.
We want to kick out the escalating claws and counter
at four oh five. And I was like, wait a minute,
(16:24):
don't you bidding against yourself. If you got the highest
and best offer at four hundred, they were asking three
ninety five, probably willing to go to three hundred, and
they're going to kick that claws out and take you
to four o five. I don't think that's the way
it works, but they knew what they were willing to pay,
so they used it. They were going to kick the
claws out. So anyway, my suggestion was to say, hey,
we'll take the claws out, but four hundred thousand's our
(16:44):
best and final offer.
Speaker 2 (16:45):
And they wound up not.
Speaker 1 (16:46):
Even fooling with it, because after we looked at it,
you know, I was like, hey, you know, even at
four o' five. You know you're gonna we know the
market analysis three ninety one, you're going to ask fourteen
thousand dollars swing right there in equity.
Speaker 2 (16:58):
So anyway, they walked away from it. But you know,
I was just shocked.
Speaker 1 (17:01):
You know that that that's how it unfolded with something
and we're gonna kick that clause out.
Speaker 2 (17:05):
We want counter with four old five. Wait a minute,
you offered three nine. That's where you may need good representation, Larry, Oh, absolutely,
And it was just a nied realtor.
Speaker 1 (17:15):
The key was you got the highest and best offer
at four hundred, but we want to kick the claws
out counter at four o five. I was just like,
wait a minute, something, something ain't working right here.
Speaker 2 (17:27):
So you got to pay attention. You do have to
have good representation.
Speaker 1 (17:29):
Escalating claus is a tool so that you don't get
beat out of a house for five hundred dollars or
a thousand or whatever. And you were willing to pay
it because you liked it that much. And I haven't
had too many, but some of them, you know, they
might not have praised out and you got to bring
the difference to the table as well. And that's something else.
But anyway, they moved on. They just didn't feel comfortable
after all that shook down. I didn't blame I don't
(17:49):
blame them because I was just like that, something ain't
working here. So we're going to take another break. Hey,
don't forget to visit Twist and Corpus seat and over
on Burt Road. Bert it's over by Tapa Tea. But anyway,
Jordan Lee King, you can listen to his music on
the show today, and he's gonna be able there playing
this evening, and you can get over a nice little place, good,
a little set up over there. We appreciate your listeners.
(18:10):
We're gonna take a small break when we got back.
Banks over to day from nine to one.
Speaker 2 (18:13):
Phone humer is eighty five nine eight nine nine one
nine three six. You're listening to Welcome Home Show right here.
Speaker 1 (18:18):
It'll ne Ridio six point thirty Home of the Longcasts,
w LAP.
Speaker 2 (18:23):
We'll be right back. You're back listening to Welcome Home
Too by Guardian Save His Bank.
Speaker 1 (18:27):
Yeah, Madam's Larry Frank's in here this Saturday morning. We're
glad to have you tuned into US. Bank is open
to day from nine to one and the phone numbers
eight five nine, eight nine nine one nine three six.
Southland Drive is eight five nine two six three three
three three five. If you can hear, if you can
call us, we'll we'll be around.
Speaker 2 (18:45):
Tim. You got your You got some calls last Saturday.
Speaker 1 (18:48):
And uh, you know I was on the other line,
but you were taking all the calls and we.
Speaker 2 (18:53):
Didn't need we didn't need to do the show.
Speaker 1 (18:55):
Uh.
Speaker 2 (18:55):
This guy had been uh he had reached out to
me six months ago. The deal fell through, and you
just put them back in a tickler file.
Speaker 1 (19:02):
And I've got a lot of folks in my pipeline, Larry,
that are looking either looking for properties or looking to refinands,
and I'm giving them basically weekly reports on the market.
You know, I think the Federal Reserve didn't was it
too down to out this week about data that came out.
It was I think things are moving the way they
(19:24):
want them to. But if we can keep that sustained movement,
we could see some the mortgage rates come down a
little bit.
Speaker 2 (19:32):
Yeah, but they they.
Speaker 1 (19:33):
Weren't scared about what the data came out this week,
And I think consumer confidence actually went up a little
bit and Obviously it's unknown of what effect tariffs will have,
and that's above my pay grade to even understand the
complex nature of tariffs and our trade agreements. And it's
(19:54):
you know who who could in the right mind make
And you see all his commentary out here. At this point,
people feel like they're experts and they're not right. And
I just want to buy American. I don't have to
worry about it. Listen to FED gets together next week
on Tuesday and Wednesday, and hopefully don't give us a
little insight. They're not expected to the lower the prime
or anything like that, but we'll see what they have
to say and see what's going on. And the market
(20:17):
is moving and shaking, and and the CPI numbers are
an average over last year's numbers, so people say, oh,
I've seen that somewhere online. Well, all this great stuff's
going because the administration. There is a lot of good
stuff going with the administration. But the CPI numbers are
an average over last year. What was it a year ago?
You know, Now you kind of have to take a
look at.
Speaker 2 (20:35):
It and see.
Speaker 1 (20:36):
But it's but it is working in our favor. Everything's
coming together. And like I say, at some point in
the last round of meetings, they said that there may
be some quantity of easing later on this year, you know,
with the government, so you know, we'll see what's going on.
Speaker 2 (20:49):
But in those.
Speaker 1 (20:50):
Tariffs, you know, it's it ain't gonna happen immediately, but
you know, there's there's gonna be some ripple in what's
going on out here. But I literally I try to
buy American. I try to buy local. I want you
to buy a local, be local, and stay local. Come
to Guardian Savings Bank. You know, I'm just gonna have
to be aware of what I'm doing. Just watch the
Billy Graham channel. Don't worry about it. But I just
(21:11):
try to, you know, like I say, support my people
that I'm you know that to support me. And that's
you know, just that's the way it is. But you
know it's they're they're working on some stuff and trying
to get things right. But like I say, marry the home,
date the loan. Anything you do at this point or
you did last year at seven a quarter, seven and
a half, you can.
Speaker 2 (21:30):
Refinance at any time.
Speaker 1 (21:31):
People don't realize that, you know, they feel like and
just you know, if I can get you from seven
and a quarter, seven and a half, or hire down
to six six two five for.
Speaker 2 (21:38):
Nine hundred and fifty eight bucks. It ain't gonna take
long for you to break even.
Speaker 1 (21:42):
Yeah, but Larry, they got popped for four thousand dollars
the last time they went through the turnstiles. So that's
where their hesitation is. Who was at the end of
the day, that was somebody got us. We were talking
to them and they were no out of paie, yeah, no,
out of polastic.
Speaker 2 (21:56):
Yeah. They've been paying on the home for five years
of payment, no out of pocket, going to reefing answer
house for fourteen dollars a month payment and increase.
Speaker 1 (22:03):
And I don't know why you do it, but then
you go look at the numbers, sae, sure you only
owe two thirty eight, but you're borrowing two fifty so
you're getting.
Speaker 2 (22:09):
So you know that you're getting. That's a lot of
closing costs. No untruer words have ever been spoken, because
there is out of pocket. It's for equity, yeah, exactly.
And it was like, you know that twelve.
Speaker 1 (22:21):
Thousand dollars in closing costs, that's why you're paying it
when I'm fourteen.
Speaker 2 (22:24):
But yeah, and they don't realize it.
Speaker 1 (22:26):
So when you're talking to somebody on the phone, or
you're listening to somebody online, or you're dealing with somebody
over the computer, watch your p's and q's, because there's
the wording of it. We can do this for no
out of pocket. I'm just gonna have to lend you
twelve thousand dollars, take up twelve.
Speaker 2 (22:39):
Of your equity. Soon as we figure out what your
property is really worth, well, you know we can. We
can make this happen.
Speaker 1 (22:46):
Yeah, And it's just you know, I was like no, no, no, no, no, no, don't.
It took me meant to figure out what the problem was.
I was like, wait a minute, because it sounds like
no closing costs. Yeah, there's a difference between no closing
costs and no out of pocket. Our closing costs are
low closing costs, probably some of the lowest in town.
I can promise you that rates are going to be
competitive with anybody, and we're gonna service your loan. You're
(23:07):
gonna wind up. You can come in the bank and
make a payment every month.
Speaker 2 (23:10):
If you want to.
Speaker 1 (23:11):
Most of these other ninety five percent of the other
people that they're gonna sell your loan. You're gonna be
shipping your payment to California or Delaware or wherever some
of these servicing centers are. And that's just that's why
our closing costs are as cheap as they are because
the paybacks in the payback, I don't have to charge
you five grand to make a living pay the light bill.
Speaker 2 (23:27):
You know.
Speaker 1 (23:28):
We don't have any pre payment penalties on our mortgages.
We have you know, good customer service as far as
I'm concerned, you know, But we're local. I mean, we
end ourselves up with nonprofits that do great things in
this Yeah, we do a lot of stuff this community,
giving back to the community with our CRA stuff with
the Real Community Housing Foundation and Bob brown House and
some stuff like that. You might have some Marshal n
(23:49):
here for the Bob brown House. We're advertising the golf
tournament right now that they're getting put together May eight,
May eight, and so if you want to come out
and play Bob BrownHouse him, you can tell them a
little bit about it. To the home where people that
need some help out and grow their caregivers. They may
be blind, they maybe it's not an assisted living pete.
Speaker 2 (24:07):
They go get their hair go to the movies.
Speaker 1 (24:08):
Some of them have jobs, but it's a place for
them to live with a little bit of accountability on
a discount and rate, and they're.
Speaker 2 (24:13):
On a shoestring budget.
Speaker 1 (24:15):
And obviously we just hope that some of these funding
options don't just dry up because it's I don't really
think that I won't classify that as waste. Uh And
that's helping, helping, you know, in this case Amy Brown
out there provide more housing for our folks out here
with disabilities, you know, and it's such such a relief
for family members to know that their loved one is
(24:37):
there right and it's you know, a lot of people
don't think about it where somebody go when they're you know,
caregivers you know, can't take care of them any longer.
And I think that a lot of the stuff that's
been reviewed in the economy and he's five on one
C threes and hudding all that.
Speaker 2 (24:49):
I'm fine with it because.
Speaker 1 (24:50):
Tim, we've seen it there is you want to talk
about gouging, you know what I mean, And somebody sees
that that's what it is. I mean, it's the percentage
of money that you pay compared to this typical business
dealings is crazy.
Speaker 2 (25:03):
And we went through it. Yeah we did, and uh
I was.
Speaker 1 (25:07):
I was glad to hear when I talked to an
expert over in North Carolina that his experience was that
these tax credit multifamily Section eight voucher developments overall, they're
very well managed and very you know, very well maintained
the properties themselves. But we know of instances where people
(25:27):
of abuse tax credit properties and the folks that are
living there, they're getting the money from HUD.
Speaker 2 (25:34):
And they're not getting what they're paying for.
Speaker 1 (25:36):
Well, I huddle that Section eight housing, don't cut that
stuff off because I've been through that route with some
renal properties and the screens out the white picture, they
go down into Section eight. They'll hold that check until
you fix those things. So there's a difference, you know,
and how those things are given. And you know, all
that being said, Tim, we see out here on all
this news about finding this with soci security and that
and Social Security. When was the last time you think
(25:57):
they sent out a live Social Security check? Twenty five
years ago? All of them are direct deposits. They know
where that money is going. Somebody's getting that account. I
just can't wait, I'm just am tired of hearing all
this waste. Well, okay, that's a direct deposit. Where's the
money going. Let's find out where it's going. And hopefully
they will. But there is a lot of fraud and
some stuff out here.
Speaker 2 (26:16):
I don't you know, I understand the documents are on
a cave, but all the money's wired.
Speaker 1 (26:20):
Yeah, so I mean, but anyway on the you know,
I agree with it. But we do work with the
Bob brown House, River Community Housing Foundation and some other
stuff around town, and and we want to you know,
be local, stay local, and bylocal. That's what we want,
and that's what we're talking about, and that's what we're
about here at the bank. If you come to a
convention along with us, you're gonna be able to come
in there and talk to Tim, talk to me, Lori,
(26:42):
Alex or whoever, and you know, we can help resolve problems.
Most of it generally that I've had this year, not
really a problem.
Speaker 2 (26:49):
Just changes was estro yeh. Because everybody's insurance went up
last year.
Speaker 1 (26:52):
Taxes and taxes changed, you know, so the mortgage rate
stays the same, the payment of principal and interest stays
the same, but when those things and an escrow, you know,
people are like, wait a minute, you know, so you
have to go figure it out and put it together.
Speaker 2 (27:06):
But we're there.
Speaker 1 (27:07):
We're a phone call away, and if I don't know
the answer, we'll get it from our customer service center.
Speaker 2 (27:13):
Let them call up there.
Speaker 1 (27:14):
We do see people coming in the branch a little
bit more now people are getting out and it's been
slow getting the public back to ye. I'm glad you
mentioned that, Larry, because we have just been in a
period where we've been acknowledging our excellent customer service department.
I had another call this week. Hey, Tim, been in
the loan the X amount of years. I'd like to
(27:35):
get rid of this private mortgage insurance. How do I
do that? Well, we actually have an ESCRO specialist. So
if you'll sign a waiver that says you want to
move forward with trying to eliminate mortgage insurance. First, we're
going to try to do it naturally, but we're going
to go off probably the purchase.
Speaker 2 (27:51):
Price and were your loan balances naturally.
Speaker 1 (27:54):
The other option is to probably pay two hundred fifty dollars,
have an appraisal done, get a new value versus what you
boom PMI goes away and that's the only cost. Yeah,
and it's uh, it's handy and we do that and
a lot of people don't realize it. But that's just
having the customer service that we offer. Hey, and you're right,
and a lot of people with homes appreciating like they are.
(28:16):
People have been in their house maybe three or four
years that thought they were gonna have ten or twelve
years worth a mortgage insurance could give it. You know,
let us look at it and see if it's with
us or whoever, let's refinancially get you out of that
with to bring your rape down.
Speaker 2 (28:26):
And you know that could be one hundred dollars a month.
I don't know.
Speaker 1 (28:29):
Yeah and up yeah, it beends on what kind of
purchase price you've purchased.
Speaker 2 (28:35):
But uh, that's one good thing that we can do internally.
Speaker 1 (28:39):
A lot of letters will make you reefinands to eliminate
private mortgage insurance right, not a Guardian savings bank. And
that's the plus of servicing and having a customer service
department in house that can answer all the questions you
have about escrow, your taxes, anything, anything you want to
know about your mortgage. How much is going to Princeville
every month? They can tell you that with phone call. Yeah,
(29:00):
absolutely so. And even if you're not with Guardian and
you've been in your house and you bought a ye
or two ago and you're you know, you want to refinance,
and let us take a look at it and see
if we can lower your rate and get rid of
your mortgage insurance.
Speaker 2 (29:11):
You know what, do you got.
Speaker 1 (29:13):
To lose nine hundred and fifty eight bucks in closing costs?
You know, and if we can get rid of the
mortgage shrootans, that's even better. Plus you might have a
couple of months where you don't have to make a payment, right.
You know, it's went all the way across the board.
Speaker 2 (29:23):
Right, So Laren well worked this last segment.
Speaker 1 (29:27):
So we haven't talked about to catch yet, but we're
gonna talk about that in the last second.
Speaker 2 (29:31):
We'll see what happened this Friday night.
Speaker 1 (29:35):
Well, I'll tell you what I liked on Thursday night,
and that was that that Jaman Oklahoma was awesome.
Speaker 2 (29:40):
Man.
Speaker 1 (29:40):
Yes, we'll talk about that a little bit. We're gonna
take another break. You're listening to music today by Jordan
Lee King. He's gonna be able to twist the court
this evening. They're over on Berg Road there off off
of Nicholasville Road, and got a nice little setup and
and we appreciate him letting us play some tunes of his.
He's a great artist, great guy. And Twisted Cork. You know,
they got a lot of love music coming and going
(30:02):
out there, just so you might get one or two
people on the stage at a time.
Speaker 2 (30:04):
It's just a cozy little set up.
Speaker 1 (30:06):
Got a little food in there, some good cold beers
and tim you know, and I'll you and I like to.
Speaker 2 (30:11):
Have one of them. And when we get.
Speaker 1 (30:12):
Outside of autographs and stuff. So Twisted Corks pretty cool.
And don't forget by buddy Jack Taylor down here. You
got the liquor store. If you get them, get some beefeater,
you bring it down here, he said. They buying it
all up Denver Humphrey out here selling doorbells and lights
for homes.
Speaker 2 (30:26):
And who else.
Speaker 1 (30:26):
Listened to the show on a regular beats It's Andy Durman,
Marty Klough, Pete Gross. We got all of our people
call and check in on us, Yeah, and let us
know what we're doing, good or bad, And having it
and we enjoy doing the show and getting to meet
people and chatting it up.
Speaker 2 (30:42):
So it's uh, it is what it is, and we
we appreciate you tune in. We've got to take another break.
Speaker 1 (30:47):
If you're listen to Welcome Home Show by Guardian Savings Bank, grow.
Speaker 2 (30:49):
Oping to day from nine to one on him at
eighty five nine eight nine nine nine.
Speaker 1 (30:53):
Three six and listen to Welcome Home Show by Guardian
Savings Bank on News.
Speaker 2 (30:57):
Radio thirty you lap, We'll be right back. You're back.
Speaker 1 (31:02):
Listen to Welcome Home Shows very fraks. Tim Adam's in
here this Saturday morning. We're glad to have you tuned
into us. We've been watching some games this week and
enjoying that. The main thing is banks open a day
from nine to one. Ain't a whole lot of action
going on for well on some of these other conferences
and stuff. But anyhow, the phone numbers eight five, nine,
eight nine nine one nine three six. If you can hear,
(31:23):
she can call us. That's here in Hamburg South and
drive eight five nine two six three three three three five.
Speaker 2 (31:29):
If you can hear she can.
Speaker 1 (31:30):
Call us once again. Rates are in pretty good shape.
We're just trying to get through it and see what's
going on six six two five on a thirty six
and three eights on a twenty five point seventy five
on a fifteen. The closing cost can be as little
as nine hundred and fifty eight bucks, depending on what
the scenario is with your equity and credit score and
so on and so forth. We do a lot of
them at nine fifty eight, but some of the delivery
(31:52):
fees and some of the other stuff out here still
come into play on occasion. But you know, like we
always say ten, marry the home and date the loan,
So always keep that in mind. You can have an
opportunity to consider doing that and just give us a
call if it doesn't make sense, we're not going to
do it anyway. Eight nine nine one nine three six.
We can put it together and have some fun with
it and see what's going on. VA F h USDA, KHC.
(32:16):
We've got them all. Khc's at six percent, faha's at
six point one twenty five. We've got some down payment
assistant programs that are available. In some of the programs,
welcome home funds were already taken up, so we don't
have that we'll do it again next year. But other
than that, we were talking a little bit about. Man,
that game with Oklahoma. I mean, there's a new rivalry
right there, Pinky. I mean, my goodness, what a great game.
(32:39):
I mean, we had a good lead, they got back
in it, and then to win the way we did again,
I'm happy for that, but that I can just see
a rivalry starting there. I mean, it's like NNA and
the refs let them play pretty hard and stuff. But
I just was you know, when they went to Oklahoma,
it was closed then that this first game, but for
them to be in the conference against me point out
(33:00):
that that rivalry has already been built. That's what kind
of started the rivalry. I think was Alway being a
player at Oklahoma for two seasons and then transferring the
UK and now you know the rest of the story
about how I got booed with every time he touched
the ball out there, and you could just see that
that Freeze O Way Freeze is a great player.
Speaker 2 (33:22):
No doubt about it, or Oklahoma it was. I hope
they make it in now.
Speaker 1 (33:26):
I think just for the new stuff that's going on
in the league and how competitive that has been. I mean,
these games are so close, five or six point difference
in all of them, you know, just a couple of buckets.
On Thursdayday there was five total points in three games. Yeah,
five point something. And it's just incredible to watch. And
I just love that the new teams are in their competive.
And I'm really wondering, you know, how Missouri has been
(33:50):
in the league a couple of years, we didn't really have,
you know, but this thing with Oklahoma, I love it.
I mean, they've got a great opportunity to to do
some stuff and just continue to build on it.
Speaker 2 (34:00):
But this league is so incredibly fas and it's fun
to watch.
Speaker 1 (34:03):
And I know people down in Nashville having a big time,
and well you sewn the big Shots tonight. There's some
local guys down there. Dylan Jasper, Jacob Barker, Savannah Reeves,
and Aidan Shepherd are all playing down at big Shots
this afternoon. So that's down in Nashville. And then Twisted
Courts over on Bert Road over there, and they've got
Jordan Lee King over there, and he's just a great artist.
Speaker 2 (34:24):
Man.
Speaker 1 (34:24):
If you get a chance to set in there and
have it, they got a it's an eclectic set of
chairs and set up. You know, it's kind of homie
and they've got some good food and some good prices.
A little old place, so stop in there and check
him out. You can hear his tunes on here, and
you can find him on Spotify and iTunes and all
that different stuff. He does a great job with his music.
There's so much talent around here musically, it's incredible. Other
(34:45):
than that, you know, we're still doing our loans, still
taking care of business.
Speaker 2 (34:49):
Give us a call eight five nine, eight nine nine
one nine three six.
Speaker 1 (34:52):
You can call South of An eight five nine two
six three three three three five. Got Jamie Mortimer and O'Brien,
Alex Maloney, Jim McKenzie over. Of course, me or Tim
will be around the office today. Give us a call
and we'll shout at you and see what's going on
and go from there. But business is picking up to
what I can tell you, and there's only gonna be
a lot more people out here bidding on the home
(35:13):
that you might have your eye on. So if you
can pull the trigger and get something going, don't waste
too much time. You know, once again, we still have
some down payment assistance with some of these loan programs,
khc FHA USDA's one hundred percent finance and VA's one
hundred percent finance, and we do them all.
Speaker 2 (35:29):
We don't service them all.
Speaker 1 (35:30):
But we'll put them together and make it happen. Other
than that, you know, Pope, you have a great weekend.
Get out and do something. It's gonna be a little
wet today.
Speaker 2 (35:37):
Be safe. It's all right.
Speaker 1 (35:38):
It's better than zero Larry, Yeah, yeah, absolutely, great weather.
Speaker 2 (35:43):
Yeah, that's been a great week weather. Grass is getting green.
Speaker 1 (35:46):
I'd say to some of these landscapers and stuff, they
have to get and get some work done, don't you
think absolutely. I mean, they gonna have to get us
together and get it going on. You know, it's just
that time of the year. I love it.
Speaker 2 (35:57):
I got some stuff I gotta do around my yard.
It wonderful time, lovely.
Speaker 1 (36:02):
I know that you always have a lot of stuff
going on around your house over there, landscaping and taking
care of business. So anyhow, carping up my blades, yeah, mores, Yeah,
I'll hire.
Speaker 2 (36:13):
It out this year. I got a nineteen year old
UK student.
Speaker 1 (36:16):
Oh yeah, I know of and yep, that's wrong with
that moment. Yeah, nothing wrong with that and just a
bit to be local by locals say local banks over
eighty nine to one pH numbers eighty five nine eight
nine nine one nine three six. If you can hear
what you can call You've been listening to Welcome Home
Show by Guardian Savings Banklin Radio
Speaker 2 (36:36):
W LAV
Good morning, like continue listen to Welcome Home show by
Guardian Savings Bank very frakt Madam's and you're with you
this Saturday morning. Glad to have you tuned into US.
I hope you got your raincoat, might need that a
little bit today and banks open from nine to one.
You can give us a call eight five nine eight
ninety nine one nine three six Southland drives eight five
nine two sixty three three three three five, So if
(00:27):
you can hear, if you can call us, we uh
Tim you got a call from the radio show last
weekend and UH get working on a deal with that.
And I've again had some phone calls this week. People
are moving and shaking man on buying stuff and refinancing
and getting things done. And uh, I got a debt
consolidation loan this week. Some people are gonna their rate
was in the sixes anyway, and right now we are
(00:50):
at six six two five on a thirty six and
three eights on a twenty and five point seventy five
on a fifteen. So you know, if any of those
things can help you out, please give us a call.
And depending on the equity situation in your credit scenario
and so on and so forth. If everything falls into place,
the closing cost on a reefin answer.
Speaker 2 (01:09):
About nine hundred and fifty eight bucks.
Speaker 1 (01:11):
That doesn't include any scrows or anything that covers your praise,
little closing costs and everything we need to put your
loan together. But you know, once we get a look
at it and see credit score, could create a little
different closing costs, loan to value and so on and
so forth. But it doesn't take you too long to
break even, Tim at nine hundred and fifty eight bucks.
Speaker 2 (01:28):
If we can get it done that way, and you
can give us a call at eight five nine eight
nine nine one nine three six and we can discuss
it absolutely.
Speaker 1 (01:34):
And uh, of course we get a lot of calls
or I get a lot of calls in general about reefinantce.
Speaker 2 (01:41):
Hey, Tim, I'm at seven percent. Where are you?
Speaker 1 (01:45):
They're really not ready to pull the trigger at six
point sixty two five and I kind of can. That's
a hard decision, you know, for me to with closing costs,
like you're saying it less or nine hundred and fifty
eight dollars or whatever. It's hard for me not.
Speaker 2 (01:59):
To say, why don't you go ahead? Let's reefin age at.
Speaker 1 (02:01):
Six point sixty two five. If you're at seven and
a quarter, it still makes sense. But there's a there's
this perception that rates will come down a little more
as we proceed with this new administration. Well, and everything
is leading that way in the numbers that we're seeing
in some of the inflation stuff. But for nine to
(02:21):
fifty eight, if you're saving three hundred bucks a month
in three months, you broke even you know it. You know,
if it's it depends on how much the savings are,
but you know you can do it again.
Speaker 2 (02:31):
For nine to fifty eight.
Speaker 1 (02:32):
You could do three or four loans with us for
what closing costs are going to be with about anybody else,
and we can just work.
Speaker 2 (02:38):
You down the line like we've always done.
Speaker 1 (02:40):
But I think I think that the rates are we
can see it with our rate sheet now. I mean
we're six six two five on a thirty six and
three eights on a twenty and five seven five on
a fifteen and government rates with FAHA pa USDA and
all those are not too bad either, you know. So
six and and eight yeah, on a thirty year fixed
with FAHA. So and that see, that just tells you
what the market is right now. The FAHA is six
(03:02):
and eighth and we're six six two five. That's a
half a point spread. So it's coming. I mean, that's
to me is the tale that it's coming and the
cost of money is going to get better. And you
know FAHA and they do their own funding sources where
we're working with, you know, Freddy Mack, Federal Home Loan Bank,
Fanny May some and so that's the rate, that's the
(03:22):
rate progress where we're making.
Speaker 2 (03:24):
Well. It was a wild ride on Wall Street this week.
Speaker 1 (03:28):
The Dow was off six hundred one day, four hundred
one day, and then they rallied. The markets rallied on Friday,
and that was a good sign for the markets, but
not a good sign for mortgage backed securities commonly.
Speaker 2 (03:45):
Traded as ten year treasury bonds.
Speaker 1 (03:49):
So when stocks are positive, bonds are usually negative.
Speaker 2 (03:53):
And that's what happened yesterday.
Speaker 1 (03:56):
That's just still not enough movement in the market on
the market indicators to push rates down any further than
we have right now. But once again, if you wait
to buy a house, it's gonna cost you more when
rates come down, well, right, and the more people you're
gonna have to bid against. I tell if I can
qualify it today it's six six two five. You know,
(04:16):
you got to marry the home and date the loan.
You know, we can redo something down the road. But
the lower the rates get, the more people you're gonna
have to compete with in a bidding market. And so
you just have to be aware of that type of
stuff as well. You just want to you know, keep
all of you just you know, give us a call.
If it makes sense, we'll do it. If not, we'll
make a plan of when we can. But rates are
going to get better. And I think that there's some
(04:36):
stuff moving and shaking behind the scenes. There's something to
do with five year calls and puts or something on
the back side of this treasury market here that that
people are trying to prepare for. And I'm talking to
big wigs. I'm talking your you know, your you know,
your warm buffet type people. There's some stuff where they
bought some stuff and it's come and do, and so
this market's gonna move a little bit because of that.
(04:58):
But then if you get the government, you know that
they'll you know, I think they mentioned at one point
they might start buying some treasuries later on this summer
some quantity of easy type of thing again. And so
we'll just have to wait and see that they are
going to continue to come down.
Speaker 2 (05:11):
But if we can save you some money, now, let's
get it on.
Speaker 1 (05:14):
You know what I mean, give us a call eight five, nine, six,
close alone. Say, you know, have a couple of months
maybe without a payment, you know, put three or four
debts into one. There's so many people out of their
credit card debt. It's you know, twenty four, twenty five thirty,
you know. And you know I've I saw an article
about late car payments are becoming a lot more problematic,
(05:38):
so when no Americans are stretched thin. And the other
thing I saw is more pets have been surrendered to
the Humane Society. And because someone can't afford but they
upkeep on a pet.
Speaker 2 (05:50):
That's a sad state that it's gotten to that point.
Speaker 1 (05:53):
Well, dude, it was you know, it was the job.
You know, it's everybody's feeling it. I mean, if you
most of the people out here, if if their life
were to be spelled out like your gas gauge in
your car, most of them are riding that day near
on empty. You know, what I'm saying as far as
money goes, and so they stretch into their credit cards
and they start doing stuff. And you know, honestly, I
(06:14):
ran up a little bit of credit card debt myself.
I'm gonna have to get paid off. And some of
it was medically related and other stuff. But I mean,
you know, and I hate it. And generally when I
use them, I try to pay them off immediately. But
I've had to carry it a little bit. But I'm
you know, getting to where I'm getting them liquidated back out.
And that's the call this week, you know, from my
consolidation loan where the people were in the six is
(06:35):
already and they've run up some credit card debt with
a college student and some you know, some things like that.
And I said, hey, I'm right with you. I mean,
I got into it myself. But you know, we'll put
a good loan together and get them out. They've done
an effect. We we can do it. It'll cost a little
bit of money, but it's a darn sight cheaper than
the thirty percent their paying on the credit cards.
Speaker 2 (06:52):
Correct, you know, lot love better interest rate. You can't.
It's hard to find six percent or six point sixteen
five on a C card.
Speaker 1 (07:00):
Anyway, they're all up in the teams or not hot
thirty percent too, and I know that they're spent. I've
heard some rattle up in Washington about lowering the ceiling
to ten. Yeah, we'll see what happens there. That would,
you know, be a benefit to people. I mean, you know,
you have to have some credit cards, and we talk
about that, you have to have three open lines of
(07:20):
credit to maximize your credit score. And you you know,
the longer your history, the better it's going to be.
But use them a little bit, pay them off, use
them a little bit, and pay them off. Went through
it with my kids girls. You got to have a
little bit of credit. I ain't always going to be here,
you know. I had them as an authorized user for
a little while on a card and never you know,
never actually used it myself, but I had got something
on their credit report, so they'd have a credit report started,
you know. And now they're old enough and out on
(07:42):
their own and productive citizens out here in the community
and they're taking care of their business. But you know,
that's what I did to help them get started. And
a lot of people do that. But you have to
have three open lines of credit. You know, if you
have credit card debt, you want to have it at
about sixty percent of the balance or less.
Speaker 2 (07:57):
You know, the lower the better.
Speaker 1 (07:58):
But you want to obviously pay your bills on time
and and don't get overextended.
Speaker 2 (08:02):
But you know, I.
Speaker 1 (08:03):
Had a a kid to call me, you know, last
week that I spoke with. He graduated from UK last
year and he got a good job, came out of
his job as an engineer and and uh we were talking.
He's gonna buy a house and uh wanted to get preapproved.
And I talked to him and he had just three
lines of credit, and I mean everything was just so
on point, you know. And I was like, well, you
know who who's led you down this path? I said,
(08:26):
somebody has got you head of the right direction as
to your parents. He said no, he said, I've got
some books and started reading. I wanted to know how
to build my credit. I want to know how to
make it as strong as I could. And so he said,
I've studied on what I needed to do, and you know,
and uh, he saved some money. But I was like,
I'm just so proud to talk to him. I said, dude,
I love it, you know, I said, I like your
style and like the way you're thinking. And he was
(08:47):
wanting to buy a duplex somewhere in the area so
he could have somebody rent one side of it and
he could live in the other and you know, take
advantage of that FAJA loan that you can do that with.
And and I mean it was just he had his
ducks in a row, as you would say, and it
was pretty impressive. But he was self taught, self motivated,
helped hold himself accountable and getting all the things done.
And that's what you have to have least three open
(09:07):
lines of credit. A lot of people think before they
want to come by a house and apply for we're
gonna have to close out all of our cards or
we're gonna have to pay everything off.
Speaker 2 (09:14):
Don't do that.
Speaker 1 (09:15):
When you pay those cards off and close them out,
you lose that history. And if you're out there right
now like us, and you know we took we decided
just to open a four o one K and with
a Guardian Savings bank matching program, you should also educate
yourself about your four oh one options, which we're gonna get.
(09:35):
We're getting ready to a yearly review of that. We
talked about a lot of things on here and looking
at your homeowners insurance every year and monitor your four
o one because most planned administrators have a great resource
where you can talk to people about your four oh
one K allotments and where they're going and what changes
might you might need to tweak or what other options.
Speaker 2 (09:57):
Do you have available.
Speaker 1 (09:58):
I had a guy called for a after loan, you know,
and we were talking about and they've got that down
in the UK. They've got a great requirement plan down
with that TIA craft and the way that they set
it up for their people and and do the stuff.
And he had, you know, he's he's moving on with
his education, getting things put together. And I just like that,
you know, the calls that we get in the conversation
we had, they're listening to the show because they know
(10:20):
they call and say, hey, you know, I was listening
to this and I've done that and and just like
your call last week. But you know, my buddy, all
these issues are connected. Larry mortgages, your financial advisement. There's
it's all a big pie chart. Yeah, And my buddy
Jack Taylor down here owns the liquor store. You're talking about,
you know, how everything's changed in the world, and I
just want to point this out right quick. I'm gonna
(10:41):
pick on him a little bit. You were talking about,
you know, somebody's selling out their wines. You know, he's
got the liquor store down there. When them tariffs came out,
somebody went all bought all the beef eater stuff that
he had, you know, And it's just the economy and
everything's changing, and people were reacting. But you know that
the markets are what they owned in the real world
as far as the ten year and stuff.
Speaker 2 (11:00):
But this week we've had a historic event.
Speaker 1 (11:04):
Larry Gold went over three thousand an ounce for the
first time ever.
Speaker 2 (11:09):
You know, you know, I don't what to make out all.
Speaker 1 (11:11):
I think if any if I was a financial adviser,
I'll say, jump into the market right now after they
it took such a hit this week over concern about
the shutdown. Yeah, so now I think they've averted the shutdown.
Buy some stock today.
Speaker 2 (11:25):
Yeah.
Speaker 1 (11:26):
Well, you know, people all the time I do. I
lost sixty two thousand dollars in my portfolio.
Speaker 2 (11:30):
They said, did you sell out?
Speaker 1 (11:32):
No, whether you ain't taking a loss yet, then just
keep buying buy some more right now, if you again, Larry,
if there's been any constant in this industry since we've
been in it, it's changed and it's very cyclical. And
that's what we're sitting here and looking at. When's the
when's the next cycle? Yeah, and it's coming. I mean,
the rates are going to get better. People are out moving,
they're calling, they're you know, making things happen. There's houses
(11:55):
out of here, houses being built, and you know you're
in a fairly insulated place in central Kentucky where you're
gonna get a decent return because.
Speaker 2 (12:02):
Of the area.
Speaker 1 (12:03):
You know, what's what's would he tell us of five
and a half or six percent return annually?
Speaker 2 (12:07):
Bout it on our properties.
Speaker 1 (12:08):
So anyhow, it's uh, it's a give us a call
eight five nine, eight nine nine, one nine three six.
We don't do boat loans or note loans. We do
mortgages only. But we'll put a plan together for you.
We'll get you preapproved if you're buying. We'll see what
we can do to healthy as Forest and Soliday and debt.
We're gonna take our first break on the show today.
We appreciate you tuning into us, and we'll be right
back when we've got Jordan Lee King's going to be
(12:29):
doing the music for you today. If you had twisted court,
this eaveson and hopefully you can get out and send
get a chance.
Speaker 2 (12:34):
But you are listening to Welcome Home.
Speaker 1 (12:35):
Show by Guardian Savings Bank on news Radio six thirty
of you w.
Speaker 2 (12:40):
L ap, We'll be right back bank.
Speaker 1 (12:42):
Listen of the Welcome Home Show by Guardian Savings Bank.
Lardy Breaks Tim Adams in here with you this Saturday morning.
We're glad to have you tuned into US. Bank is
open today from nine to one. Phone numbers eight five nine,
eight nine nine one nine three six.
Speaker 2 (12:54):
Balphin Drive is eight five nine two six.
Speaker 1 (12:57):
Three three three three five, So if you can hear
she can call us one. Just talking about the various
loans and stuff we have. We still have some down
payment assistance on some of the programs.
Speaker 2 (13:05):
We have the Welcome Home funds. The twenty thousand dollars
money went out pretty quick.
Speaker 1 (13:10):
It's gone, but we still have our KHC, we got
some stuff with FHA, we got USDA, we got VA.
We still have some decent loans out here and we
can help you first time home buyers. Just depends on
where you're buying, what the program we pick. Whatever you
qualify for, we'll see what we can do to help you.
So give us a call on.
Speaker 2 (13:25):
That as well. Eight five nine, eight nine nine nine
three six. And we do it all. We do all
kinds of property. Now.
Speaker 1 (13:31):
Had somebody call about trying to get a car loan,
you know, and I appreciate them calling. It's not something
we do, tim You know, we do home equity lines
of credit as well. New bridge loans man, We've done
a ton of bridge loans. I've gotten several, and Alex
Tingle's got several. And you know, a bridge loan is
a unique tool because you can take advantage of the
equity in your home before you sell it, and it
allows you the freedom to buy something else if their
(13:53):
equity is all in place too, and then get the
new home bought, do what you want to do to it,
move into it, move out of your old house now,
so now you can do whatever you need to get
it to maximize the sales price on it. And then
when you sell it, what we'll do is we'll come
in and pay down the balance to a comfort zone
for you or whatever qualifies for if you pay it off.
Speaker 2 (14:11):
You pay it off.
Speaker 1 (14:11):
But you know, we've got a lot of people that
use that program. Uh, Like, my customer owns his house
friend clear right now. So we're just going to put
a soft lien on that house until he sells it,
and we're going to take a lian on the new
house he's buying and give him the capital he needs.
So it's a way to transition into a new home
with no contingency to sell your current home.
Speaker 2 (14:31):
And that is a luxury.
Speaker 1 (14:33):
It is certainly a luxury and worth every dollar spent
to have that luxury if you can do it. And
so they don't want to sell their current home right away.
They've got up six eight month plan here to gradually
transition into this brand new home.
Speaker 2 (14:48):
This gives them a way to do that. We're going
to be real. We're going to give him a short
term rate and they're going to try to refinance as
soon as.
Speaker 1 (14:56):
They sell or whenever the market comes into play. With
how how much time I was going to talk to you, Tim,
You know, we talked about this escalating clause you know
in the contract part of it that doesn't have anything
to do with a contingency or something. But This escalating
clause can be good for you if you've got a
realtor that understands it, because if you're bidding against somebody,
you can let them know what your top dollar would be.
(15:16):
But somebody that might be getting to bend against you
during the process, you have to be able to see
that bid to move forward. So I a friend of
mine was kept putting these offers in, kept losing them.
He said, Larry, I think they're no what a bid?
And I said, do an escalating offer, and he would.
He would go in offer three ninety five. He said,
I'd be willing to pay up to four ten, but
he said, I will, but I want to I'll move
up in five hundred dollars increments. So if somebody came
(15:38):
in to bid three ninety five to five, he would
come in do three ninety six. If that person went
to four hundred, he would go to four one five,
you know, And that's how he found up getting his
house finally with that. So now I had somebody pull
a trick on that. Recently, I had one of my
clients that was working in the house out in the
Brasail area, and that the asking price was three ninety
five the mark at analysis showed that it was probably
(16:01):
three ninety one in value.
Speaker 2 (16:02):
So they went out and they.
Speaker 1 (16:03):
Loved the house, and they put an escalating claws together
and they made an offer at four hundred thousand, five
above asking with an escalating clause to four point fifteen.
The realator that was selling the house taught them and said,
you've got the highest and best offer at four hundred thousand.
We want to kick out the escalating claws and counter
at four oh five. And I was like, wait a minute,
(16:24):
don't you bidding against yourself. If you got the highest
and best offer at four hundred, they were asking three
ninety five, probably willing to go to three hundred, and
they're going to kick that claws out and take you
to four o five. I don't think that's the way
it works, but they knew what they were willing to pay,
so they used it. They were going to kick the
claws out. So anyway, my suggestion was to say, hey,
we'll take the claws out, but four hundred thousand's our
(16:44):
best and final offer.
Speaker 2 (16:45):
And they wound up not.
Speaker 1 (16:46):
Even fooling with it, because after we looked at it,
you know, I was like, hey, you know, even at
four o' five. You know you're gonna we know the
market analysis three ninety one, you're going to ask fourteen
thousand dollars swing right there in equity.
Speaker 2 (16:58):
So anyway, they walked away from it. But you know,
I was just shocked.
Speaker 1 (17:01):
You know that that that's how it unfolded with something
and we're gonna kick that clause out.
Speaker 2 (17:05):
We want counter with four old five. Wait a minute,
you offered three nine. That's where you may need good representation, Larry, Oh, absolutely,
And it was just a nied realtor.
Speaker 1 (17:15):
The key was you got the highest and best offer
at four hundred, but we want to kick the claws
out counter at four o five. I was just like,
wait a minute, something, something ain't working right here.
Speaker 2 (17:27):
So you got to pay attention. You do have to
have good representation.
Speaker 1 (17:29):
Escalating claus is a tool so that you don't get
beat out of a house for five hundred dollars or
a thousand or whatever. And you were willing to pay
it because you liked it that much. And I haven't
had too many, but some of them, you know, they
might not have praised out and you got to bring
the difference to the table as well. And that's something else.
But anyway, they moved on. They just didn't feel comfortable
after all that shook down. I didn't blame I don't
(17:49):
blame them because I was just like that, something ain't
working here. So we're going to take another break. Hey,
don't forget to visit Twist and Corpus seat and over
on Burt Road. Bert it's over by Tapa Tea. But anyway,
Jordan Lee King, you can listen to his music on
the show today, and he's gonna be able there playing
this evening, and you can get over a nice little place, good,
a little set up over there. We appreciate your listeners.
(18:10):
We're gonna take a small break when we got back.
Banks over to day from nine to one.
Speaker 2 (18:13):
Phone humer is eighty five nine eight nine nine one
nine three six. You're listening to Welcome Home Show right here.
Speaker 1 (18:18):
It'll ne Ridio six point thirty Home of the Longcasts,
w LAP.
Speaker 2 (18:23):
We'll be right back. You're back listening to Welcome Home
Too by Guardian Save His Bank.
Speaker 1 (18:27):
Yeah, Madam's Larry Frank's in here this Saturday morning. We're
glad to have you tuned into US. Bank is open
to day from nine to one and the phone numbers
eight five nine, eight nine nine one nine three six.
Southland Drive is eight five nine two six three three
three three five. If you can hear, if you can
call us, we'll we'll be around.
Speaker 2 (18:45):
Tim. You got your You got some calls last Saturday.
Speaker 1 (18:48):
And uh, you know I was on the other line,
but you were taking all the calls and we.
Speaker 2 (18:53):
Didn't need we didn't need to do the show.
Speaker 1 (18:55):
Uh.
Speaker 2 (18:55):
This guy had been uh he had reached out to
me six months ago. The deal fell through, and you
just put them back in a tickler file.
Speaker 1 (19:02):
And I've got a lot of folks in my pipeline, Larry,
that are looking either looking for properties or looking to refinands,
and I'm giving them basically weekly reports on the market.
You know, I think the Federal Reserve didn't was it
too down to out this week about data that came out.
It was I think things are moving the way they
(19:24):
want them to. But if we can keep that sustained movement,
we could see some the mortgage rates come down a
little bit.
Speaker 2 (19:32):
Yeah, but they they.
Speaker 1 (19:33):
Weren't scared about what the data came out this week,
And I think consumer confidence actually went up a little
bit and Obviously it's unknown of what effect tariffs will have,
and that's above my pay grade to even understand the
complex nature of tariffs and our trade agreements. And it's
(19:54):
you know who who could in the right mind make
And you see all his commentary out here. At this point,
people feel like they're experts and they're not right. And
I just want to buy American. I don't have to
worry about it. Listen to FED gets together next week
on Tuesday and Wednesday, and hopefully don't give us a
little insight. They're not expected to the lower the prime
or anything like that, but we'll see what they have
to say and see what's going on. And the market
(20:17):
is moving and shaking, and and the CPI numbers are
an average over last year's numbers, so people say, oh,
I've seen that somewhere online. Well, all this great stuff's
going because the administration. There is a lot of good
stuff going with the administration. But the CPI numbers are
an average over last year. What was it a year ago?
You know, Now you kind of have to take a
look at.
Speaker 2 (20:35):
It and see.
Speaker 1 (20:36):
But it's but it is working in our favor. Everything's
coming together. And like I say, at some point in
the last round of meetings, they said that there may
be some quantity of easing later on this year, you know,
with the government, so you know, we'll see what's going on.
Speaker 2 (20:49):
But in those.
Speaker 1 (20:50):
Tariffs, you know, it's it ain't gonna happen immediately, but
you know, there's there's gonna be some ripple in what's
going on out here. But I literally I try to
buy American. I try to buy local. I want you
to buy a local, be local, and stay local. Come
to Guardian Savings Bank. You know, I'm just gonna have
to be aware of what I'm doing. Just watch the
Billy Graham channel. Don't worry about it. But I just
(21:11):
try to, you know, like I say, support my people
that I'm you know that to support me. And that's
you know, just that's the way it is. But you
know it's they're they're working on some stuff and trying
to get things right. But like I say, marry the home,
date the loan. Anything you do at this point or
you did last year at seven a quarter, seven and
a half, you can.
Speaker 2 (21:30):
Refinance at any time.
Speaker 1 (21:31):
People don't realize that, you know, they feel like and
just you know, if I can get you from seven
and a quarter, seven and a half, or hire down
to six six two five for.
Speaker 2 (21:38):
Nine hundred and fifty eight bucks. It ain't gonna take
long for you to break even.
Speaker 1 (21:42):
Yeah, but Larry, they got popped for four thousand dollars
the last time they went through the turnstiles. So that's
where their hesitation is. Who was at the end of
the day, that was somebody got us. We were talking
to them and they were no out of paie, yeah, no,
out of polastic.
Speaker 2 (21:56):
Yeah. They've been paying on the home for five years
of payment, no out of pocket, going to reefing answer
house for fourteen dollars a month payment and increase.
Speaker 1 (22:03):
And I don't know why you do it, but then
you go look at the numbers, sae, sure you only
owe two thirty eight, but you're borrowing two fifty so
you're getting.
Speaker 2 (22:09):
So you know that you're getting. That's a lot of
closing costs. No untruer words have ever been spoken, because
there is out of pocket. It's for equity, yeah, exactly.
And it was like, you know that twelve.
Speaker 1 (22:21):
Thousand dollars in closing costs, that's why you're paying it
when I'm fourteen.
Speaker 2 (22:24):
But yeah, and they don't realize it.
Speaker 1 (22:26):
So when you're talking to somebody on the phone, or
you're listening to somebody online, or you're dealing with somebody
over the computer, watch your p's and q's, because there's
the wording of it. We can do this for no
out of pocket. I'm just gonna have to lend you
twelve thousand dollars, take up twelve.
Speaker 2 (22:39):
Of your equity. Soon as we figure out what your
property is really worth, well, you know we can. We
can make this happen.
Speaker 1 (22:46):
Yeah, And it's just you know, I was like no, no, no, no, no, no, don't.
It took me meant to figure out what the problem was.
I was like, wait a minute, because it sounds like
no closing costs. Yeah, there's a difference between no closing
costs and no out of pocket. Our closing costs are
low closing costs, probably some of the lowest in town.
I can promise you that rates are going to be
competitive with anybody, and we're gonna service your loan. You're
(23:07):
gonna wind up. You can come in the bank and
make a payment every month.
Speaker 2 (23:10):
If you want to.
Speaker 1 (23:11):
Most of these other ninety five percent of the other
people that they're gonna sell your loan. You're gonna be
shipping your payment to California or Delaware or wherever some
of these servicing centers are. And that's just that's why
our closing costs are as cheap as they are because
the paybacks in the payback, I don't have to charge
you five grand to make a living pay the light bill.
Speaker 2 (23:27):
You know.
Speaker 1 (23:28):
We don't have any pre payment penalties on our mortgages.
We have you know, good customer service as far as
I'm concerned, you know, But we're local. I mean, we
end ourselves up with nonprofits that do great things in
this Yeah, we do a lot of stuff this community,
giving back to the community with our CRA stuff with
the Real Community Housing Foundation and Bob brown House and
some stuff like that. You might have some Marshal n
(23:49):
here for the Bob brown House. We're advertising the golf
tournament right now that they're getting put together May eight,
May eight, and so if you want to come out
and play Bob BrownHouse him, you can tell them a
little bit about it. To the home where people that
need some help out and grow their caregivers. They may
be blind, they maybe it's not an assisted living pete.
Speaker 2 (24:07):
They go get their hair go to the movies.
Speaker 1 (24:08):
Some of them have jobs, but it's a place for
them to live with a little bit of accountability on
a discount and rate, and they're.
Speaker 2 (24:13):
On a shoestring budget.
Speaker 1 (24:15):
And obviously we just hope that some of these funding
options don't just dry up because it's I don't really
think that I won't classify that as waste. Uh And
that's helping, helping, you know, in this case Amy Brown
out there provide more housing for our folks out here
with disabilities, you know, and it's such such a relief
for family members to know that their loved one is
(24:37):
there right and it's you know, a lot of people
don't think about it where somebody go when they're you know,
caregivers you know, can't take care of them any longer.
And I think that a lot of the stuff that's
been reviewed in the economy and he's five on one
C threes and hudding all that.
Speaker 2 (24:49):
I'm fine with it because.
Speaker 1 (24:50):
Tim, we've seen it there is you want to talk
about gouging, you know what I mean, And somebody sees
that that's what it is. I mean, it's the percentage
of money that you pay compared to this typical business
dealings is crazy.
Speaker 2 (25:03):
And we went through it. Yeah we did, and uh
I was.
Speaker 1 (25:07):
I was glad to hear when I talked to an
expert over in North Carolina that his experience was that
these tax credit multifamily Section eight voucher developments overall, they're
very well managed and very you know, very well maintained
the properties themselves. But we know of instances where people
(25:27):
of abuse tax credit properties and the folks that are
living there, they're getting the money from HUD.
Speaker 2 (25:34):
And they're not getting what they're paying for.
Speaker 1 (25:36):
Well, I huddle that Section eight housing, don't cut that
stuff off because I've been through that route with some
renal properties and the screens out the white picture, they
go down into Section eight. They'll hold that check until
you fix those things. So there's a difference, you know,
and how those things are given. And you know, all
that being said, Tim, we see out here on all
this news about finding this with soci security and that
and Social Security. When was the last time you think
(25:57):
they sent out a live Social Security check? Twenty five
years ago? All of them are direct deposits. They know
where that money is going. Somebody's getting that account. I
just can't wait, I'm just am tired of hearing all
this waste. Well, okay, that's a direct deposit. Where's the
money going. Let's find out where it's going. And hopefully
they will. But there is a lot of fraud and
some stuff out here.
Speaker 2 (26:16):
I don't you know, I understand the documents are on
a cave, but all the money's wired.
Speaker 1 (26:20):
Yeah, so I mean, but anyway on the you know,
I agree with it. But we do work with the
Bob brown House, River Community Housing Foundation and some other
stuff around town, and and we want to you know,
be local, stay local, and bylocal. That's what we want,
and that's what we're talking about, and that's what we're
about here at the bank. If you come to a
convention along with us, you're gonna be able to come
in there and talk to Tim, talk to me, Lori,
(26:42):
Alex or whoever, and you know, we can help resolve problems.
Most of it generally that I've had this year, not
really a problem.
Speaker 2 (26:49):
Just changes was estro yeh. Because everybody's insurance went up
last year.
Speaker 1 (26:52):
Taxes and taxes changed, you know, so the mortgage rate
stays the same, the payment of principal and interest stays
the same, but when those things and an escrow, you know,
people are like, wait a minute, you know, so you
have to go figure it out and put it together.
Speaker 2 (27:06):
But we're there.
Speaker 1 (27:07):
We're a phone call away, and if I don't know
the answer, we'll get it from our customer service center.
Speaker 2 (27:13):
Let them call up there.
Speaker 1 (27:14):
We do see people coming in the branch a little
bit more now people are getting out and it's been
slow getting the public back to ye. I'm glad you
mentioned that, Larry, because we have just been in a
period where we've been acknowledging our excellent customer service department.
I had another call this week. Hey, Tim, been in
the loan the X amount of years. I'd like to
(27:35):
get rid of this private mortgage insurance. How do I
do that? Well, we actually have an ESCRO specialist. So
if you'll sign a waiver that says you want to
move forward with trying to eliminate mortgage insurance. First, we're
going to try to do it naturally, but we're going
to go off probably the purchase.
Speaker 2 (27:51):
Price and were your loan balances naturally.
Speaker 1 (27:54):
The other option is to probably pay two hundred fifty dollars,
have an appraisal done, get a new value versus what you
boom PMI goes away and that's the only cost. Yeah,
and it's uh, it's handy and we do that and
a lot of people don't realize it. But that's just
having the customer service that we offer. Hey, and you're right,
and a lot of people with homes appreciating like they are.
(28:16):
People have been in their house maybe three or four
years that thought they were gonna have ten or twelve
years worth a mortgage insurance could give it. You know,
let us look at it and see if it's with
us or whoever, let's refinancially get you out of that
with to bring your rape down.
Speaker 2 (28:26):
And you know that could be one hundred dollars a month.
I don't know.
Speaker 1 (28:29):
Yeah and up yeah, it beends on what kind of
purchase price you've purchased.
Speaker 2 (28:35):
But uh, that's one good thing that we can do internally.
Speaker 1 (28:39):
A lot of letters will make you reefinands to eliminate
private mortgage insurance right, not a Guardian savings bank. And
that's the plus of servicing and having a customer service
department in house that can answer all the questions you
have about escrow, your taxes, anything, anything you want to
know about your mortgage. How much is going to Princeville
every month? They can tell you that with phone call. Yeah,
(29:00):
absolutely so. And even if you're not with Guardian and
you've been in your house and you bought a ye
or two ago and you're you know, you want to refinance,
and let us take a look at it and see
if we can lower your rate and get rid of
your mortgage insurance.
Speaker 2 (29:11):
You know what, do you got.
Speaker 1 (29:13):
To lose nine hundred and fifty eight bucks in closing costs?
You know, and if we can get rid of the
mortgage shrootans, that's even better. Plus you might have a
couple of months where you don't have to make a payment, right.
You know, it's went all the way across the board.
Speaker 2 (29:23):
Right, So Laren well worked this last segment.
Speaker 1 (29:27):
So we haven't talked about to catch yet, but we're
gonna talk about that in the last second.
Speaker 2 (29:31):
We'll see what happened this Friday night.
Speaker 1 (29:35):
Well, I'll tell you what I liked on Thursday night,
and that was that that Jaman Oklahoma was awesome.
Speaker 2 (29:40):
Man.
Speaker 1 (29:40):
Yes, we'll talk about that a little bit. We're gonna
take another break. You're listening to music today by Jordan
Lee King. He's gonna be able to twist the court
this evening. They're over on Berg Road there off off
of Nicholasville Road, and got a nice little setup and
and we appreciate him letting us play some tunes of his.
He's a great artist, great guy. And Twisted Cork. You know,
they got a lot of love music coming and going
(30:02):
out there, just so you might get one or two
people on the stage at a time.
Speaker 2 (30:04):
It's just a cozy little set up.
Speaker 1 (30:06):
Got a little food in there, some good cold beers
and tim you know, and I'll you and I like to.
Speaker 2 (30:11):
Have one of them. And when we get.
Speaker 1 (30:12):
Outside of autographs and stuff. So Twisted Corks pretty cool.
And don't forget by buddy Jack Taylor down here. You
got the liquor store. If you get them, get some beefeater,
you bring it down here, he said. They buying it
all up Denver Humphrey out here selling doorbells and lights
for homes.
Speaker 2 (30:26):
And who else.
Speaker 1 (30:26):
Listened to the show on a regular beats It's Andy Durman,
Marty Klough, Pete Gross. We got all of our people
call and check in on us, Yeah, and let us
know what we're doing, good or bad, And having it
and we enjoy doing the show and getting to meet
people and chatting it up.
Speaker 2 (30:42):
So it's uh, it is what it is, and we
we appreciate you tune in. We've got to take another break.
Speaker 1 (30:47):
If you're listen to Welcome Home Show by Guardian Savings Bank, grow.
Speaker 2 (30:49):
Oping to day from nine to one on him at
eighty five nine eight nine nine nine.
Speaker 1 (30:53):
Three six and listen to Welcome Home Show by Guardian
Savings Bank on News.
Speaker 2 (30:57):
Radio thirty you lap, We'll be right back. You're back.
Speaker 1 (31:02):
Listen to Welcome Home Shows very fraks. Tim Adam's in
here this Saturday morning. We're glad to have you tuned
into us. We've been watching some games this week and
enjoying that. The main thing is banks open a day
from nine to one. Ain't a whole lot of action
going on for well on some of these other conferences
and stuff. But anyhow, the phone numbers eight five, nine,
eight nine nine one nine three six. If you can hear,
(31:23):
she can call us. That's here in Hamburg South and
drive eight five nine two six three three three three five.
Speaker 2 (31:29):
If you can hear she can.
Speaker 1 (31:30):
Call us once again. Rates are in pretty good shape.
We're just trying to get through it and see what's
going on six six two five on a thirty six
and three eights on a twenty five point seventy five
on a fifteen. The closing cost can be as little
as nine hundred and fifty eight bucks, depending on what
the scenario is with your equity and credit score and
so on and so forth. We do a lot of
them at nine fifty eight, but some of the delivery
(31:52):
fees and some of the other stuff out here still
come into play on occasion. But you know, like we
always say ten, marry the home and date the loan,
So always keep that in mind. You can have an
opportunity to consider doing that and just give us a
call if it doesn't make sense, we're not going to
do it anyway. Eight nine nine one nine three six.
We can put it together and have some fun with
it and see what's going on. VA F h USDA, KHC.
(32:16):
We've got them all. Khc's at six percent, faha's at
six point one twenty five. We've got some down payment
assistant programs that are available. In some of the programs,
welcome home funds were already taken up, so we don't
have that we'll do it again next year. But other
than that, we were talking a little bit about. Man,
that game with Oklahoma. I mean, there's a new rivalry
right there, Pinky. I mean, my goodness, what a great game.
(32:39):
I mean, we had a good lead, they got back
in it, and then to win the way we did again,
I'm happy for that, but that I can just see
a rivalry starting there. I mean, it's like NNA and
the refs let them play pretty hard and stuff. But
I just was you know, when they went to Oklahoma,
it was closed then that this first game, but for
them to be in the conference against me point out
(33:00):
that that rivalry has already been built. That's what kind
of started the rivalry. I think was Alway being a
player at Oklahoma for two seasons and then transferring the
UK and now you know the rest of the story
about how I got booed with every time he touched
the ball out there, and you could just see that
that Freeze O Way Freeze is a great player.
Speaker 2 (33:22):
No doubt about it, or Oklahoma it was. I hope
they make it in now.
Speaker 1 (33:26):
I think just for the new stuff that's going on
in the league and how competitive that has been. I mean,
these games are so close, five or six point difference
in all of them, you know, just a couple of buckets.
On Thursdayday there was five total points in three games. Yeah,
five point something. And it's just incredible to watch. And
I just love that the new teams are in their competive.
And I'm really wondering, you know, how Missouri has been
(33:50):
in the league a couple of years, we didn't really have,
you know, but this thing with Oklahoma, I love it.
I mean, they've got a great opportunity to to do
some stuff and just continue to build on it.
Speaker 2 (34:00):
But this league is so incredibly fas and it's fun
to watch.
Speaker 1 (34:03):
And I know people down in Nashville having a big time,
and well you sewn the big Shots tonight. There's some
local guys down there. Dylan Jasper, Jacob Barker, Savannah Reeves,
and Aidan Shepherd are all playing down at big Shots
this afternoon. So that's down in Nashville. And then Twisted
Courts over on Bert Road over there, and they've got
Jordan Lee King over there, and he's just a great artist.
Speaker 2 (34:24):
Man.
Speaker 1 (34:24):
If you get a chance to set in there and
have it, they got a it's an eclectic set of
chairs and set up. You know, it's kind of homie
and they've got some good food and some good prices.
A little old place, so stop in there and check
him out. You can hear his tunes on here, and
you can find him on Spotify and iTunes and all
that different stuff. He does a great job with his music.
There's so much talent around here musically, it's incredible. Other
(34:45):
than that, you know, we're still doing our loans, still
taking care of business.
Speaker 2 (34:49):
Give us a call eight five nine, eight nine nine
one nine three six.
Speaker 1 (34:52):
You can call South of An eight five nine two
six three three three three five. Got Jamie Mortimer and O'Brien,
Alex Maloney, Jim McKenzie over. Of course, me or Tim
will be around the office today. Give us a call
and we'll shout at you and see what's going on
and go from there. But business is picking up to
what I can tell you, and there's only gonna be
a lot more people out here bidding on the home
(35:13):
that you might have your eye on. So if you
can pull the trigger and get something going, don't waste
too much time. You know, once again, we still have
some down payment assistance with some of these loan programs,
khc FHA USDA's one hundred percent finance and VA's one
hundred percent finance, and we do them all.
Speaker 2 (35:29):
We don't service them all.
Speaker 1 (35:30):
But we'll put them together and make it happen. Other
than that, you know, Pope, you have a great weekend.
Get out and do something. It's gonna be a little
wet today.
Speaker 2 (35:37):
Be safe. It's all right.
Speaker 1 (35:38):
It's better than zero Larry, Yeah, yeah, absolutely, great weather.
Speaker 2 (35:43):
Yeah, that's been a great week weather. Grass is getting green.
Speaker 1 (35:46):
I'd say to some of these landscapers and stuff, they
have to get and get some work done, don't you
think absolutely. I mean, they gonna have to get us
together and get it going on. You know, it's just
that time of the year. I love it.
Speaker 2 (35:57):
I got some stuff I gotta do around my yard.
It wonderful time, lovely.
Speaker 1 (36:02):
I know that you always have a lot of stuff
going on around your house over there, landscaping and taking
care of business. So anyhow, carping up my blades, yeah, mores, Yeah,
I'll hire.
Speaker 2 (36:13):
It out this year. I got a nineteen year old
UK student.
Speaker 1 (36:16):
Oh yeah, I know of and yep, that's wrong with
that moment. Yeah, nothing wrong with that and just a
bit to be local by locals say local banks over
eighty nine to one pH numbers eighty five nine eight
nine nine one nine three six. If you can hear
what you can call You've been listening to Welcome Home
Show by Guardian Savings Banklin Radio
Speaker 2 (36:36):
W LAV
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