Welcome Home with Guardian Savings Bank 7-12-25

Episode Transcript

Speaker 1 (00:08):
Good morning. Let continure listen the Welcome Home show back
Guardian Savings Bank. I'm Larry Freaks Tim Adams with me
this Saturday morning. We're glad to have you tuned into us.
Bank is opened a day from nine to one. The
phone number here in Hamburg eight five nine eight nine
nine one nine three six over at South and Drive
it's eight five nine two sixty three three three three five.

(00:28):
So if you can hear, you can call us. We
appreciate you tuning into us. Hope you're staying cool and
enjoying your summer. Been hot for a little bit, has
some crazy rain storms rolling through, so grass seemed to
be staying green. But man, it's hot. Pinky can get
out and do anything outside to off of much of
the day. It'll get you on it is uh. You

(00:49):
know what I watch every day is the due point
and that's you know, a gauge of the humidity. And
that's part of what causes the such such uncomfortable condition.
Oh you know to me, yeah, you know, like they
say out west, it's one hundred and five degrees but
it's dry, yeah, which still one hundred and five. I
go stick your ahead the oven, you know, what that

(01:10):
feels like. That's right, he yeah, we still got that.
We're six six two five on a thirty year fix,
five point seventy five on a fifteen five hundred dollars
closing costs. So if you get a chance to give
us a call, let us take a look at your information.
We'd be glad to help you out. If you bought
a home over the last couple of years, you're hireding
in seven percent and for five hundred dollars in closing cost,

(01:31):
it won't take much to break even on that. Talked
about it last week, a lot of people ten they
feel like you got to have a one percent rate
drop for it to makes sense to do a refinance.
And that's an old adage, I guess, or an old
idea that comes into play if you're going to pay
a ton of money in closing cost, and that's just
not the case. There are some delivery fees and stuff

(01:54):
that could apply, but if the great credentials fall in
place here, it should just be five hundred dollars and
we'll we'll get it done for you. And that's, you know,
an easy way to save money. Uh, not only in
closing costs, save your equity and closing costs, but just
you know, start getting more money in your pocket monthly
with the lower rate. And we've had some people give

(02:14):
us a call. Had David's size more from down in
eastern Kentucky give us a call, and uh, you know,
he was asking some questions about I say, listen to
show all the time, and he was looking for a
home equi line of credit. We do a home equi
line of credit. They're not bad, but you know, there's
a lot of good, good companies in town that offer
home equi line of credit. They're a little more flexible
than what ours are. And that's just the truth of

(02:35):
the matter. And it's, uh, you know, you just kind
of got to shop around see what's out there. But
you know, I appreciate him listening to the show and
checking in with us and giving us a call. And
and if you're out listening today, you want to give
us a call and just you know, sort out what
it is we're doing, just say, just call the branch
eight five nine, eight nine nine one nine three six.
I was listening to the show. Just want to kind

(02:56):
of check out and see what my options would be,
how much money I could save it ain't cost you
anything but a little bit of time, and you know,
we'll see if we can save you some money. And
tim we've been fairly busy, you know, I mean, we're
getting some you know, it's kind of like we're really
busy or it's kind of slow. But we've been fortunate
to stay steady and I'm and I'm happy with that

(03:19):
and we'll just keep on keeping on. But it's a
good opportunity to consider six six two five on a
thirty if you've got anything the last two or three years,
if you're over seven percent, there's no doubt about it,
and you're going to be saving you know, probably over
a quarter of a point, maybe half a point, and
depending on your long size, that can be a pretty
good chunk of change, right, millions and millions of dollars

(03:40):
you'll save. That's just an accident, Donny Carson, so long ago.
But absolutely we're still seeing a surge of construction that started,
you know, six eight months ago, and of course you
can't get a lot done during the winter, so it's
taken a while for these new construction projects to be finished.
So we're waiting on some of those to be transferred
over to permanent financing with us, and that's where we're

(04:03):
going to be really strong when it comes to a
permanent loan after you've finished your construction. But there's a
lot of reasons why. As you've told me for many years,
there's always Mortgages are like bread and butter. They're a
part of the fabric. And a lot of people rely
on a mortgage to buy their first home. And not
everybody has cash. And I keep seeing that these news

(04:28):
reports come out that luxury home buyers are paying cash,
and so that means that they have enough asset, they
can peel off enough of their asset in some former
fashion and pay with cash, or they've just got cash
on hand. I don't know, but you'll always need them.
Most people will need a mortgage to buy their home.

(04:49):
And right now still, you know, we're down to six
point sixty five on the sheet and on a thirty
year fix, and we're still running the five point seventy
five on a few fifteen y're fixed, and that's about
half a point less than you know, some other people
right now in the central Kentucky area. So keep that
in mind. You know, shorter terms of higher payment, but

(05:10):
it's going to save you money over the long haul.
And uh, we talked about it recently. If you're getting
ready to retire and you're gonna make some changes with that,
let's take a look at where you're at and what
your payments need to be on the income that's going
to be moving forward with your household, and let's make
sure that you're set up in the right loan program
so that you can get by and keep everything handy

(05:31):
and live the lifestyle you want to live. So keep
that in mind. We'd be glad to talk to you
about that for your financial advisor. And you've got somebody
getting ready to do it, let's uh, you know, let's
let's have a look at it. That makes sense. They
won't let us do it anyway. But uh, you know
these rates, Tim, I mean they you know, I was
reading this week that you know, the FED minutes came
out and there was a little bit of dissension in
the last meeting where some of the people on the

(05:52):
board felt like the rates need to be lowered. Some
of them didn't, you know, they're you know, uh, mister
Powell is you know, holding steady on what we've got.
You know, he wants to consider what's going on with
the terrorists before they make any changes. But you know,
all the indicators that we have lived with forever to
indicate that the rates could be a little bit lower.
If and when that's going to happen, I don't have

(06:12):
a clue. But if you were to do a rate
now six six, two five or five point seventy five,
and the rates did go down, we don't have any
pre payment penalties, you could still be able to refinance.
And what we like to say is is marry the
home and date the loan. But if we can save
you some money now a couple of months payments and
so on and so forth, then why wouldn't we, you know,

(06:33):
why not give us a call and let us see
what we can do. So anyhow, just keep that in mind.
We have jobs reports, and I think this coming week
we got the CPI and the PPI and a few
indexes that'll come out and try to help guide us
on what's going on in the economy. And we've learned
over the last couple of years some of the numbers

(06:55):
can be misleading, evidently, but we'll see what's going on. Australia,
they had something going on in their market and they're
very similar to us as far as the way they
do their guidance and so on and so forth, and
so those things like that come into play. But it's,
you know, it's a worldwide economy. We're kind of all
in together. But I think that it's time for the

(07:16):
fes to do something, you know how I feel about it.
And but six sixty five on a thirty five, seventy
five on a fifteen, if you bought something, your kids
bought something, your grandkids bought something, your neighbors bought something,
and whatever. In the last couple of years, they're above
seven percent, and that would be a great time to
consider refinancing and getting something lower and taking advantage of

(07:38):
what we have today. And just give us a call
eight five nine eight nine nine one nine three six,
And you know, our closing costs are, you know what,
nine fifty eight regular ten something like that, and then
we got the closing costs special for five hundred. It's
a simple rate and term, no cash out, cash out loan,
and if you get if you need cash out, it's
a different type of loan and will require different fees.

(08:01):
And we talk about that all the time. They're actually
called delivery fees or points because cash out loan is
riskier to the investor on paper. I don't agree with
that either, but that's just the way that they want
to try to That seem like anybody wants to do anything.
That's the homeowner. They're going to try to feed you
to death. Well, it's based on anytime you if you're
taking equity away, that's a negative. And so that's why

(08:25):
we look for twenty five percent equity in your home
and to present the ideal scenario for our closing costs. Right. Well,
I mean they're not going to lend you any more
than what the guidelines will allow, and they're the ones
to set the guidelines. But if you're gonna pull cash out,
you know when you want to do home improvements or
pay something off, I mean you created the equity. I
mean the home is an instigated Savors account ten. But

(08:46):
I agree with you. I mean it could be a negative.
You know if you got you know, forty percent equity
and you go to twenty five percent equity. You know,
is that bad for the lender? Well, it only if
the person doesn't pay the loan, they have to take
the house back. But you know, I haven't seen a
whole lot of reports on delinquency in a while, you know,
across the United States as far as mortgage and stuff
going on generally. You know, that's that's a big topic,

(09:10):
you know, delinquencies in people thirty days and you know,
I had a guy call and he wanted to use
one hundred percent of his equity to go buy another home.
I said, no, it doesn't work that way unless you
use our combination blanket loan where we've collateralized both pieces
of property. But he wanted to. You know, he had
a good low rate on his current home and wants

(09:31):
to go buy something else or his primary residence. And
I think he's got this dream to rent his current home,
but he did wasn't into the blanket concept, and he said, oh,
I just want to take the one hundred percent of
my equity out. I say, we're capped at how much
cash you can get off your property, depending on the

(09:52):
value and your current current loan balance. But you know,
at least he asked, I mean, he's thinking is it
going to work out? Not necessarily based on the rules
and the guidelines, but he's working on it, and we're
here to help. I mean, like I say, if you
call and it doesn't make sense, we can't do it anyway.
But if there's a way that we can help you,
and we want to do it, if we can save
you money, I mean, you're going to save money on

(10:13):
closing costs. You're going to be dealing with somebody local.
Like we say, be local by local and stay local,
And that's what you're doing with Guardian. You know, you
can come in the branch. I've had people coming in recently,
been working with a lot of people that are dealing
with insurance claims based on this crazy weather, you know.
So it's uh, there's been a lot of lot of
traffic around the branch and we appreciate that. But at
the local level, that's what you get. You know, when

(10:34):
something comes up, we're here to help. Most of the
time we can handle it, but if not, we'll call
our servicing center or somebody up north and they'll guide
us and they'll tell us what it is we need
to do to make the transaction happen however it's supposed
to be. But you know, weather with hail and floods
and wind and all the stuff, you know, and all
the mortgages we've got out here. There's a lot of

(10:54):
different claims and a lot of different areas for a
lot of different things. You know, I like helping the people.
Don't have a problem with it, but that's kind of
a crazy time. You know, we'll continue to do it
that way, but be local, by a local, stay local.
I don't know how else to say it. You can
get online and shop and you can get somebody tell you,
you know, no out of pocket and I'm telling you

(11:14):
much closing costs. There's a difference. You know, no out
of pocket. They're just lended enough, take enough of your
equity to pay everything, so you really don't have anything
out of pocket, but you might lose ten or twelve
thousand dollars in equity. And I'm telling you low closing
costs where it may cost you nine hundred and fifty
eight dollars to do the loan. And yeah, we can
still take it out of the equity in your home
on a refinance. But you know, it's just a great deal.

(11:34):
And you're going to be having somebody here tim Uri
or Alex or Jamie or whoever that you can call
if you've got an issue that we can take care
of at this level. We will and that's part of
what you are becoming in the family at Guardian Savings Bank.
And we do have checking and savings and CDs and
passbook savings and all that stuff at the bank too.

(11:56):
We're not just we're not loan brokers we do. We're
bankers and we work at a bank and we've bet
all the other services. We don't do boat loans, car loans,
note loans or anything like that, but we can do
mortgage loans all day long and we do. That's how
we feed the kids in the tim correct. The way
we do business is unique and as we talk about
here often is that we service our loans were a

(12:17):
community bank and not a broker. You know, ge it
to yourself to give us a call if you're in
the market, get pre approved, yep, let us get again
and get a letter prepared for you. So when you
want to make an offer on a house or you're
out looking, that the realtors know you can buy what
you're into looking at. And there everybody's on the same
page as what's going to happen next. So I appreciate

(12:38):
you tuning in to us this morning. The bank is
open from nine to one here in Hamburg. The phone
number is eight five nine, eight nine nine one nine
three six. South and drive is eight five nine two
six three three three three five. If you can hear
so you can call us. You aren't listened to a
Welcome Home show by Guardian Savites Bank on news radio.
That's six point thirty w lap. We'll be right back.
You're back. Listen to the Welcome Home Stow by Guardian Saving.

(13:01):
I'm Larry Frek's Tim Adams in here with me as
usual on Saturday mornings. We appreciate you all listening to us.
I hope everybody's having a good weekend, getting everything done
you need to do, getting closer to school, starting back up, Tim,
what about that? Banks open to day nine to one.
Phone numbers eight five nine, eight nine nine one nine
three six South and Drive is eight five nine two
six three three three three five, And you could get

(13:23):
a hold of Jamie Mortimer, Aaron O'Brien, Jim mckinzi. You're
Alex Mawani over there, so keep that in mind. But uh,
we appreciate you calling us here in Hamburg at eight
nine nine one nine three six. Alex Tingle, Tim Adams,
Camaders Bob McBride, Loriie Hawkins, myself. Richard Claunch is over
here working with us now. We're glad to have him
on board. So you know, Richard from the mortgage industry.

(13:45):
You could give him a call here at Guardian eight
five nine eight nine nine one nine three six, or
if you happen to have your cell phone number, you
could reach out to him there. But uh, we appreciate
you tuning into us this morning. I hope everybody's staying
cool and that inn shit, this weather's hot, been getting
some sporadic rain and so on so forth. But uh,
you know, summertime, tim that's what happens in the summertime.
We'll be arguing about climate change for probably the rest

(14:07):
of our natural lives. But uh, you know, you just
have to wonder if it is climate change. It could
it most certainly is maybe climate change. But are we
causing it? That's the hundred million dollar question. As far
as what hot it is now? Yes, well, I mean
it's summertime. I understand that. But they keep saying, well,
they broke the record, they broken all time record, they're

(14:27):
broken all time, right, how do they know when they
start keeping time? Come back? You know, we know that there,
but we know that there were hotspels back in nineteen
w thirty. I've seen the graphs and everything, and you know,
of course, now that we've had this, you know, it's
unprecedented what happened. However, my train fell somewhere between ten
to fifteen inches in twenty four hours. And uh as

(14:51):
you know always say the warning systems didn't go out
to a lot of people because it happened in the
middle of the night. Oh no, oh, you're talking about texting. Yeah,
well they taxi yeah, yeah, yeah, they knew Thursday that
there was a chance of the storm, and from what
I understand, and they're in an area of Texas where
there's reception with cell phones or much anyway. But I
guess when the morning came out on Thursday, before the

(15:13):
fourth of July, and then there was some other stuff
on Friday, you know, I'd probably got up and got out.
It didn't happen that way, And that's a that's a travesty,
but that you know that to me? I mean, so
if we don't have a super hot summer, does that
mean we don't have climate change? Because it's not consistent.
Sometimes it's better than others. You know, it's a topic,
so it's on everybody's mind. But you know, I recently
ended the guy that created the heat index died. He

(15:33):
was eighty eight years old, about like one hundred and seven,
So that's where, you know. I saw that on Facebook
and it cracked me up. But I mean it's just
you know, yeah, it's hot, but I mean it's the
end of the summer. I remember, you know, growing up,
and I don't know if it's because I'm older now
it seems hotter. But we just went on about our business,
you know. I think of all the changes that have made,
like with football practices and sports and stuff. You know,
when it gets to a certain point, the garden hose

(15:55):
and a gallon of water. Tim when we were playing
high school football, we'd be practicing this. The dan out here,
the high school bands out here, practicing this heat, you know,
and they just keep on going on. But these are
things we can do to make the environment better, absolutely,
keeping things clean, trying to take care of it, preserve it.
I have no problem with that at all. But some
of the political spin on stuff and the money spent
on things that you know may or may not work.

(16:16):
I don't know where you draw a line on it.
It's again, like you said, it's gonna be something we're
going to talk about till, you know, till the day
we're gone. You know, it's not going to go away
with this climate change. On that they went back and
found that event similar to this happened in nineteen eighty seven.
How many years that been, right at? Forty years? Yeah,
I mean every forty years something we're going to spin around.

(16:37):
I mean, who, you know, I don't know, I don't
you know. I wonder about the you know, cloud seeds
and all that stuff you hear about on the news.
Now people are talking about, you know, some of the airplanes,
you know, putting stuff in the air to create rain
or whatever else. I mean, that's becoming more and more
you know, relevant. You can talk about it on the
Weather Channel and different things. And we just never would

(16:58):
have thought about it. But evidently the kim trails and stuff,
you know, or for a reason in some respects, and
they you know, I guess they just still I guess
they didn't want another dirt ball situation, so they go,
how can we fix you know, As they went along
and try to design something, and I don't know. You can.
You can hear people talk about it in the weather
capacities now, and I don't know exactly. It's like you said,

(17:19):
the due point kind of is what you're watching this
regular old weather stuff. Used to do the weather on
the radio down Somerset, didn't you, Yes, sir, so you
know you were a forecaster. That was the WJDJ forecast, forecast,
the ninety forecast and back in the day. So yeah,
just if you are out, just stay hydrated and you know,

(17:41):
be careful, pay attention to what's going on, and take
a break if you need to. I had done a
little yard work after it got dark the other night
and you know, wait for it to cool down and
rain a little bit and softened up the dirt and
got some work done around the flower bed and stuff.
So you know, it's just got to manage your time
on that, try to do what's right and get in
and get out. So it's uh, just be out, do

(18:02):
what you gotta do. You know, to stay high grated,
stay out of the sun, keep your sunscreen on and
don't get trapped. Get out, make something happen, or do
as I do. I got a bucket hat I'll wear it.
If I get out of the car to go again somewhere,
I wear my bucket at take it off, put in
the pocket. There you go. Hey, we're gonna take another break.
You're listen to Welcome Home Show by Guardian Savings Bank,
open today from nine to one for one numbers eight five, nine, eight, nine, nine,

(18:24):
nine three six South and Drives eight five nine two
six three three three three five. You can hear what
you can call us you listen to Welcome Home so
by Guardian Savings Bank on News Radio six point thirty
over the log. Guess w lad, We'll be right back.
You're back. Listen to Welcome Home Show by Guardian Savings Bank.
Then Adams Larry Freke's in here this Saturday morning chatting

(18:45):
with you. Appreciate everybody tuning in listen to what we
gotta say. Talk a little bit about the mortgages we
got at the bank, a little bit about what's going
on in the economy. We just got done talking about
the heat, giving our opinion on that. So we appreciate
you tuning into US banks opening to day from nine
to one. Phone number is eight five nine, eight nine
nine one nine three six South and Drive is eight

(19:06):
five nine two sixty three three three three five, So
if you can hear, you can call us. Currently we're
six sixty two five on a thirty U fixed five
point seventy five on a fifteen five hundred dollars for
closing costs. That covers everything, no pre pain of penalties
except any s grows or your filing fee. So that
covers your appraisal, title work, loan, closing processing, underwriting, doc prep.

(19:29):
Everything we gotta do. No pre payment penalties. You don't
have to have a check in or savings account with us.
If you've got twenty percent equity, you do not have
to s grow. So you know, we do work at
a bank. We have checking and savings and CDs and
passbook savings and all those things. So we're talking about
mortgages on here all the time, and that's what we sell.
That's all we do. No boat loans, car loans, note loans,

(19:52):
or anything like that. But we appreciate you giving us
a hauler. But we got FHA V a USDA community.
Uh what's it called the community home buyers. We've got
my community yeah, and KHC. So any of those loans
that might help you. USDA's one hundred percent financing, but

(20:13):
it's income restricted and location restricted. Some of the loans
are that way, but FAHA is always a good loan
to consider. VA If you're you know, a veteran, weld
do one hundred percent closing and no money down on those.
So you know, give us a call if that's something
we can help you with. Get the d D two fourteen,
see what you're qualified for them. We'll put everything together
and go from there. But you know, we do condos, townhouses,

(20:39):
multi unit, single family residents, farms, construction loans, bridge loans.
What am I missing TOI with? Church loans, commercial loans
on occasion, everything's right. We are a local bank and
I like to say be local, bilocal and stay local,
be part of the You know you'll be helping us

(20:59):
and we'll be helping you. We do. We use everybody local.
You can get online if you do get online, or
just you know, call local number. If you call it
happened to get online and look up Guardian and you
get an eight hundred numbers. And when you get that,
just I want to deal with somebody in Lexington. We
appreciate that there are some people up there that will
take the loan application from you and work at from
Northern Kentucky, Ohio, and we'd like to deal with you

(21:21):
here at the local level because we're gonna be the
ones taking care of you if you need us anyway,
So just keep that in mind. They're going to get
you the same deal, but we'd like to have you
here and make a connection and get some networking going on.
And that's kind of how we built a business to them.
I mean once people over the years, well, I mean,
you know, the think about this when we were when
we were doing we had closing costs at two fifty

(21:42):
for a refinance for a long time. And when we
first got started and people would come in and do
it and they say, man, this is real. No prepayment
penalty rates are what they say. Then they would tell
their friends and neighbors, and that's how we got the
snowball rolling and creating business for ourselves. And when when
we lose that at the local level, you know, the
momentum kind of will slow down on us. But we

(22:02):
want to do all the loans that we can with
the people in our community, and we use community people
to help us get them closed appraisers, title companies and
so on and so forth. So if that's the type
of person you are and that's important to you, then
we're the people that you want to deal with. And
if you bought a house the last couple of years,
last two or three years, you're over seven percent or

(22:22):
at six six two five on a thirty year fix,
you can refinance at any time with anybody you want
to refinance with very few of those loans that you
may have had have a prepayment penalty on. And if
you can close it for five hundred dollars excluding a
recording fee of eighty dollars, and that's growth, that's what
you're gonna do. You're not going to lose. A lot
of people still have that mindset that you have to
have a one percent rate drop to consider refinancing, and

(22:45):
that's not that that would be true. If you're going
to be dealing with somebody's getting charge of thirteen or
fourteen thousand dollars in closing costshow it to yourself to
give us a call, don't You don't just because you've
talked to another letter and they pulled your credit don't
mean that they have to close your loan. Get a
second opinion. We may not even have to pull your
credit right away to determine you know, where you would

(23:07):
be on closing costs. And and I have no pride
tell people go get a couple more quotes. I don't.
I mean, I know what we do. We're gonna get
our best and final offer right up the front, right
up off the bat. You know what I mean, Yes, sir,
And I've had several people come in with quotes from
someplace else, and then when we throw ours out there,
guess what, all of a sudden, they're more competitive. Well
why weren't they competitive to start with? They were going

(23:27):
to make themselves a little money and not give these
people the best deal they can. And Tim, you're gonna
give them best deal right off the jump, I m
lower will, Alex, does you know we're gonna shoot you?
You know everybody gets the same offer. You know, so
far's rate and closing costs. Now, delivery fees could come
into play based on credit score, equity and cash out whatever.

(23:47):
But you're getting a condo, sometimes there's some different stuff
that comes into play, but well we'll know that upfront.
But get pre qualified. Let's see what's going on. If
you want to refinance, let's do it save a couple
of months payments, you know, lower your interest rate, increase
your cash flow. Talk to somebody the other day they
did cash out refinance and save them seventeen hundred dollars

(24:11):
a month in payments. That's a seventeen hundred dollars a
month raise. But regardless of what the rate is, you
are always eligible to apply more of the moorage down
the line. We do a recast, and that's very unique
that we offer, and so tell tell them now that works.
The retail. We're going to try to, you know, try
to lower your mortgage balance over time. And if you

(24:31):
let's say you got a bonus at work, or you
inherited some money, or for whatever reason, you have some
cash and you're trying to decide where the best investment
might be, it could very well be to drop your
loan balance by at least a minimum of ten thousand
and recasting oe for no. Four hundred bucks after you

(24:56):
close with us. So basically, you say you've had along
with us here for five, five or six years, and
you've got a three and a half percent interest rate,
and you come across get an inheritance or an insurance
claim or a bonus at work and you come in,
you got fifteen grand you want to put down on
your mortgage. You can keep your interest rate the three
and a half for one hundred bucks, will recast it
to a principal balance reduction and issue you a new payment.

(25:17):
You're stating on the same amateurization schedule. You keep moving forward.
If you got two hundred and fourteen payments left, that's
still what you're going to have left. And then we
just lower the payment that you're required to make. You
can still pay what you want on it, but the
monthly requirement will change. That's called a recast, and I'm
not familiar with any other institution nowt here that offers
that tim I've had several people tell borrowers that they

(25:37):
could do that, but when they go to do that,
fifteen thousand dollars, oh you got to refinance it. Well,
if you're at three and a half and the ratier
sixty sixty two five, you ain't gonna want to refinance it.
You and I wouldn't take the fifteen grand to put
it down inequity unless I knew I was going to
pay the house off, because I'll take it and put
it in the market somewhere, do something else with it,
and or come to guard In bring it over here
and we'll you know, but that's a vantage of Guardian

(26:01):
Savings Bank, and we pride ourselves on that we service
these loans. You're always going to pay us. We trade
paper with the Federal Home Loan Bank and Freddie Mactus
so we can fill the coffers with money, and but
we service the loans. You're always gonna pay Guardian on
our conventional financing. You stop in the branch and making payment.
You know, obviously you can got auto deduct or whatever
you want to do. But that's you know, this is
we're local, Be local, buy local, and stay local. And

(26:23):
you know I can't preach that enough. You can get
online and shop and do what you want to do.
You're not going to find a better deal. You're not
going to find a better deal. At least compare and
see if there is. And I'll be honest with you,
sometimes there are some stuff out there that what in
are good and greaty, but you get so hung up
on rate. Okay, today we're at six point sixty two five.

(26:46):
Well back down the street's got six and a half.
But they're going to charge you three or four thousand
dollars in closing costs. That's not a good deal. Take
our six point sixty two five if you have twenty
five percent act when it seven eighty creditscho where you're
less than a thousand dollars closing. So it takes you
a long time to make up three or four thousand
dollars is a verse of one thousand dollars and a

(27:09):
lot of people, you know, don't it's just take the
time to shop, you know, just just make at least
two calls, make us one of them or three and
see what's out there. It's a big you know, it's
one of the biggest investments that you ever make, is
your house. It's the biggest payment. And you know that's
the thing you need to pay attention to the most.
Also your homeowner's insurance. You know, you need to get

(27:29):
out and check it out. Everybody's went up, you know
before the last election, and uh, they're getting a little
bit more competitive again. So pay attention to that. And
that's always a you know, thing that changes that people
don't realize until they get a notice from Guardian and
their payment goes up and said, well, our payment went up, Larry,
I don't know what's going on, and said, well, you've
got to fixed rates, so it's not the principal on interest.

(27:49):
Tell then we'll go review the homeowner's insurance and the
taxes and see what changed. And generally, you know, one
of the other has happened, and if they'res growing and
it changes the commitment that we have to have to
make those payments for them, and we'll work it out
and get it taken care of. But it's an opportunity
to you know, once again, be local by local and
stay local. Just you know, give us a call. Eight

(28:10):
five nine, eight nine nine one nine three six has
listened to the radio show, been listened to these guys
for about eighteen years, right, and you know they ain't
been run off, they ain't been in trouble, so what
they're telling must be the truth, and we'll try to
help you get it taken care of. So just you
know what, ten minute conversation, how much money can you save?

(28:32):
Just not that intrusive at that point. If we need
to get busy, then we will. We'll get all the
information we need from you, put the loan and move forward.
So you know, just eight five nine eight nine nine
one nine three six. There's gonna be more economic news
coming out next week CPI PP on a few other things,
So I don't know how that's gonna affect the market
and how the breaks are going to be affected. There's

(28:55):
you know, this week's been fairly relaxing with the rates
and so on and so forth, haven't been too volatile.
You know, you just never can't tell what's gonna happen
next or some you know they think the drone fauts
you might resign or drone Towel might resign, and you
know he's holding some stuff. And you know, twenty twenty
six is gonna be a change anywhere, but anyway and

(29:17):
at any time in anywhere, if they can do something
to help with these rates, it's gonna make the cony better.
Rates are gonna get easier. You're gonna have more competition
out here if you're in the market to buy. So
take advantage of what we've got. Now we'll take care
of for he six six two five on a thirty
five point seventy five on a fifteen five hundred dollars
in closing costs. And it's just that easy. So if
you know somebody got a house last couple of years.

(29:37):
Haven't give us a call a lot us save some money.
Probably take us what twenty business days ten to get
the loan put together. Just about it. We start to
get a little busier, but appraisers are still turning these
appraisals back pretty quickly, so that helps because that's one
of the most time consuming parts of doing the loan,
is getting a credited appraisal. And some people just don't

(30:00):
quite understand why does it take so long. Well, there's
a method to the madness. We just don't fly to
the seat of our pants. We're gonna, you know, spend
some time putting your file together, get it organized, or
the appraisal, and when that appraisal comes back, we send
it up to our underwriting department. And they're not just
sitting up there waiting for your file to come in.
Here's Joe's file, get on it. So we have, you know,

(30:21):
there's a method, and we try to turn them as
quick as possible. Because Larry were we our income is
based on commission and you know what, we don't get
a paycheck until that long closes and it goes through
our process. And by the way that that appraisals covered
in the five hundred dollars in closing it all us.
It's covered in there, so it's not an additional fee
to you. So but we're going to verify the value

(30:43):
of your property and most times the not you're gonna
be pleasantly surprised, even if you've got a house two
years ago and bought it, how much it's increased, and
you might get out of mortgage insurance if you have it.
Who knows, I mean, you have nothing to lose. You know,
we can do it. We're going to. If not, you know,
they're not gonna lis do it if it doesn't make
sense anyway, but most of the time it will. If
you're gonna go to six six two five. So we're
gonna take another break, be right back for the last

(31:04):
session of the show. But we're open today from nine
to one on numbers eight five, nine, eight, nine, nine,
one nine three six South and Drives eight five nine
two six three three three three five. So if you
can hear's you can call it. You listen to Welcome
Home Show by Guardian Savings Bank on News Radio six
thirty w LAP. We'll be right back. You're back listening
to Welcome home, So by Guardian Savings Bank, Larry Frekes,

(31:27):
Tim Adams in here with you this Saturday morning. Bank's
open from nine to one on numbers eight five, nine, eight, nine, nine,
one nine three six South and drives eight five nine
two six three three three three five. So if you
can hear us, you can call us. I've been talking
today about our rates six six two five on a
thirty five seven five on a fifteen five hundred. Enclosing costs.

(31:47):
It covers your appraisal, little title, word, processing, underwriting. It
does not include your filing fee and your escros. If
that's what you're gonna do, you gotta have the filing fee.
I think that's eighty bucks in most places, so we
can get that. But get out to do something this weekend.
Have some fun, Go catch a live music act somewhere,
and do something in the community. There's all kinds of

(32:08):
different things. When it's hot, who knows what the rest
of the weather's going to play out at. But just
stay hydrated and get out and enjoy some stuff. It's
about time for festivals and different things are going on.
Had creed in town this past Wednesday down there at
rut that was opened up their tour. I guess that
was a big time down there. A lot of people
saw lots of different posts and hear a lot of
comments on it. People really enjoyed that. I've been hearing

(32:29):
a lot about Renfro Valley. They got Confederate Railroad, thirty expression,
all kinds of stuff going down down Renfro. But you
always got Austin City two fisted Wheelies cocktails is always
a good place to get out and listen to a
little bit of live music and for feeling charitable. I
know they can always use volunteer assistance at God's Pantry. Yeah,
I saw that on the news this week that they

(32:50):
needed people to stalk some of the you know, the
food items that have come in and get everything organized.
Or the folks in Knee and our hearts serve go
out to the folks in Texas that were affected by
the floods there. Uh, It's just it was another catastrophic,
catastrophic event, similar to what happened in North Carolina when

(33:12):
the hurricane came through so Larry. Anytime you dump ten
fifteen inches of rain on an area in a matter
of hours, it's just just catastrophic. Happened in eastern Kentucky,
it did, you know. So, I mean, it just it's
you know, but we got to come together and stick together.
Most of the time we do. And what disappointed me, Larry,
was that everybody immediately started the blame game. His fault was,

(33:36):
let's let's let the waters received, let's recover these folks
and bring some closure to these families before we start
making it political. Well, I mean, and it just I
hate that because, I mean, all the stuff that went
on prior to the current administration, it was always the
local municipalities that were responsible for anything at fires in California,

(33:57):
why or North Carolina or whatever. But then you know
that there's a different party in it. It's it's the
government's fault when there's a flood or something, you know,
And I just don't get that. But we got to
help the people. We got to fix things. I found
one in particular, a pediatrician in Texas said, you Republicans
are getting what you deserve, the ones living in the
flood zones. You know, that's just and she was fired. Pediatrician. Uh,

(34:21):
you just can't come out and well to make that
kind of statement. It's such a frag It just wasn't
done that way. When there's stuff going on in North
Carolina anything else it was just a natural disaster. Then
would come in do what they were going to do.
But it's for somebody. It's been like that my entire life.
It has, you know. I mean, if there's somebody they're
going to you know, it's a government's fault, and you
know on one side of those side, it's not. That's
the difference in parties, and it is what it is.

(34:42):
So climate change has been happening for millions of years.
So you know, we just want the best for all
the people down there in this travesty. But we'll do
what we can to help the there's yeah, like you say,
if you God's pantry could use some help. And there's
all kinds of things going on if you want to
get into that, So just try to time. There's a
long call coming in for you. Yeah, do what you

(35:04):
can in our community and in other places, and just
you know, if you're going to get out this weekend,
get out, try to support a local venue and enjoy yourself.
Be safe. You know, I like to if I'm going
to get out and get around, an uber's a way
to get it for me. So better to be safe
than sorry. There's nothing, nothing wrong with that at all.
Hope you can do the same. Trying to think of
what else, Tim, we've been. You know, you get your

(35:27):
insurance out and your your rates out on your mortgage
and see what it is. Just get it out and
look at it and give us a call six six
two five on a thirty five point seventy five on
a fifteen, you got to know. And anything above seven
percent you've got to give us a call for five
hundred dollars in closing costs. You're crazy if you don't.
I can't say it any other way, Tim, Or just
a lot of people out here that it's out of sight,

(35:47):
out of mind, you know, or it's an auto draft
or whatever, and they just need to Man. I wish
i'd have known, you know what I'm saying. I could
have saved, you know, eighteen hundred dollars this year in
payments or whatever. But it's just one of those things.
You have to get your mortgage out, take a look
at to get your homeowners insurance out, take a look
at it, start shopping around and see if you can
save some money. And neither one of those two things.
Taxes are what they are, but you know, there's just

(36:09):
ways that you can save money, make life easier for yourself.
Eight five nine eight nine nine three six. Give us
a call. We'll take a look at it. And you're
seven and a quarter. Okay, what's your balance? All right?
We can hear what it is a six six two five,
and you can do the math. You know, we'll figure
out how much we're gonna save you. That's how simple
it is. You just have to get it out. People

(36:29):
just get a little check up from the neck up.
I guess is what it is, isn't it, Tom. Some
people don't broke, don't fix Yeah. Yeah, and people you know,
they'll drive across town and save a gallon dollar on
a gallon of milk or four cents on gas, but
you know they won't get their mortgage out, you know.
And it's just human nature, and we'd love to help
you get it out. Hey. We appreciate that people listen

(36:51):
to us weekend and week out. You know, we'd get
a lot of calls and a lot of people comment,
and so we listen to you all the time, and
we appreciate it. Obviously, it's unscripted and we just a
chat about whatever's on our mind and trying to relay
the information on the mortgage that we have. Try not
to get too specific and keep it planing. But we
enjoyed doing the show with joy you listening, hearing from you,
and after you've listened to us and we're just get

(37:11):
your stuff out and give us a call. We live here,
you're gonna see us out. You know, we're part of
the community and we want to be but we want
to help you save money and make your life easier.
And that's what this is about. Eight five nine, eight nine,
nine one nine three six and we're six six two
five on a thirty and five seventy five on a fifteen.
Consider that if you're going to retire, if you're a
financial advision, you've got people coming to you getting ready
to retire and make changes in their life. Let's take

(37:33):
a look at it before you do that. It's a
little tougher after you've done it. We appreciate you tuning
in to us this weekend. We'll be back next weekend
for Tim Adams. I'm Larry Braik. You've been listening to
Welcome Home Show by Guardian Savings Bank on News radio
six thirty w LAB be back next weekend hit