Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:03):
Good morning, elected. Then you're listening to Welcome Home Show
by Guardian Savings. Pink, Larry Frakes, Tim Adams in here
with you this Saturday morning. We're glad to have you
tuned into us. Hope you're having a good day out
enjoying Keenland on your way to Keenland maybe and uh,
maybe you've been after the last couple of days or.
Speaker 2 (00:19):
What have you.
Speaker 1 (00:20):
I know, Pinky's been doing real good on his bet
and we'll see what he might have picked for later
on this afternoon if he's handicapped it out, but he's uh,
he's just turning next and cash and checks from what
I understand.
Speaker 2 (00:29):
But anyway, banks open to day from nine to one.
Speaker 1 (00:32):
One of them is 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 she can call us. Obviously. You know, got
some crazy stuff going on out here in the economy.
The government has been shut down for a little over
in a week or so ten days, and you know,
not a lot of news out here really to go
(00:53):
on because of that. But the bond market is not
really you know gotten Haywire honest him. Actually it's kind
of trended a little bit better. So we're still at
six and three eights on a thirty year fixed, five
eight seven five on a twenty year fixed, and five
point sixty two five on a fifteen year, and then
we have a special that you can get five and
three eights on if you've got eighty percent or twenty
(01:13):
percent equity and at eighty percent loan to value.
Speaker 2 (01:16):
So that might be something to consider.
Speaker 1 (01:18):
If you qualify for that. But the closing costs about
nine hundred and forty eight bucks for any of them
to start with, and sometimes we'll have some specials, but
you know, keep that in mind. And Tim y'all is
looking at the rates, I mean FHA right now, BA
and USDA six point one two five.
Speaker 2 (01:35):
That's a quarter per percent less than.
Speaker 1 (01:36):
A conventional and a jumbo loan has six point three
seven fives. It's the same as a thirty year conventional
on a on a loan, but the jumbo covers anything
over what eight seventy six four or four fifty or
something like that, So keep that in mind and then
you'll go from there. But FHA, B A, USDA and
(01:58):
there's six and an eighth closing cost little different with
us here because we have to have title insurance on them,
but we do do them. We don't have any origination fees.
They're still you know, cheap on closing costs. But keep
that in mind, and you know, you can use any
of those for a refinance if you want to. And Tim,
we've talked about it time and time again about you know,
if you're above you know six six two five or
(02:19):
six seven five for our closing costs, you need to
give us a call and see if we can REFINANCI
and save you some money. And people still fight that
battle if you have.
Speaker 2 (02:28):
To have a one percent rate.
Speaker 1 (02:30):
Dra Well, yeah, if you're paying thirteen thousand dollars in
closing costs to Quicken or somebody or Rocket Mortgage whatever
they're called now. But if you're paying nine hundred and
forty eight dollars and you got a thirteen hundred dollars
a month payment painting, you're gonna skip one payment? How
long take you to break even? It's a good deal exactly,
you know. I mean people, you know, we we talk
(02:51):
to tell we're blue in the face, but it's just
you know, you just got to get it where it
resonates and hopefully when you get your you know your
tax bills coming in, your insurance is coming in, and
your mortgage pain.
Speaker 2 (03:00):
Hey, look at it, see what your rate is.
Speaker 1 (03:03):
If you got anything above six and a half, you
need to call us and spend the five minutes on
the phone, the ten minutes on the phone. Eight five nine,
eight nine, nine, one, nine three six. And we're opening
today from nine to one, by the way, so you
know we're here. But uh, and if not, they'll sinus
straight to my cell phone or Tim's. But eight five nine,
eight nine, nine one nine three six, and then we
(03:24):
can sort it down. If it makes sense, we'll do it.
If night, we'll have a plan. But information is free.
If you dial all that number, that's probably the best
numbers you're gonna get all day. Unlet's think he's got
something picked on a on an inside track for a
hot bet this afternoon, and he's generally like the gray
horse in the fifth race, or the fourth horse in
(03:44):
the fourth race on the fourth furlongs, or he's got
his little technique over here.
Speaker 2 (03:49):
But anyhown't.
Speaker 1 (03:49):
I've been around racing enough to know a lot of
the names are involved in you know, Sugar mcgahey and
and some of the some some of the tourists don't
know all that I know about, So that's kind of
something I use also. So look at breeding and look
at the sires, and look at the connections dolphin, and
(04:12):
I'll always throw all good Dolphin horse in there.
Speaker 2 (04:15):
But back to the task in hand.
Speaker 1 (04:16):
But wait a minute, Wait a minute, I was going
to make a comment about that handicap and deal with
a lot of people wouldn't know there's a there's a
realator in town. Tim, You and I both know him
by guy by the name of Casey Weezer, and his
dad was a good handicapper.
Speaker 2 (04:28):
His dad's passed away, and I love him to death
and I miss him.
Speaker 1 (04:31):
And every time around this time of the year, when
in the fall and in the spring, when the bracing
comes on, he always comes to mind. But he was
He was a good handicapper. And some of the tricks
of the trade that he used was somebody doesn't have
a whole lot of horses possibly running, but somebody who
owns and trains the horse. Was one of his little
(04:53):
clues that he would look and operate. Doesn't always pan out,
but He had some really really good technique that I
learned a lot from. So if you're looking at the
racing form today and you see that somebody is an
owner and they're a trainer, that's a good clue. If
you got a you know some of these farms, like
you said, sug McGahee and you know McKeever, and there's
some people out here that do Mike Maker that are
(05:15):
you know they and you just kind of look and
then look for odds to where you know, you got
the morning line odds it's five to one and for
some reason it's nine to one. You might take a
look at it. Consider what's going on. If there's a
scratch today and that scratch horse was maybe one of
the favorites, and it was a speed horse. It was
one of the fastest ones on that day and it
got pulled for whatever reason.
Speaker 2 (05:35):
Maybe they're putting it on another race. We'll look and
see the next speed horses. They may be twelve to one.
So anyway, there's all kinds of different things.
Speaker 1 (05:42):
But it's you got connections that you look at and
you go by names. And then I had another guy
that anything that had to name gold in it. You know,
they would bet on it. But anyhow, back to the
task in hand. Have a good time today if you're
in town. You got March Madness to see or big
Blue Madness this evening, hope March madness. Yeah, big Blue
(06:02):
Madness is seven that at six o'clock. You might be
a little pregame on that, so keep that in mind.
So there's a lot going on today in Lexington and
you can have a good time. But anyway, okay, six
and three eights on a thirty year fix, six and
three eights on the jumbo alone, six and eighth on
f H, A, v A and USDA, So keep those
in mind. But well, the consumers have been fuoled. They
(06:24):
get fooled by what the Fed. You know, the Fed speak,
and you know, the quarter point rate drop didn't resonate
on thirty year fixed rate mortgages, and actually the thirty
year fixed rate or the fixed rate mortgages actually edged
up a bit so after that announcement. So obviously we're
we're not getting any jobs report to if we were
getting the right jobs report in any way, but we're
(06:46):
not getting any reports from the Federal Statistics about jobs,
and so therefore we're kind of a stalemate during this shutdown, Larry, but.
Speaker 2 (06:56):
Somebody stole our thun there.
Speaker 1 (06:57):
If I was, you know, you know, I'll google the
time and look at perspectives about mortgage rates. And in
this particular case, they're talking about what you're talking about,
you know, six and three eights, and some of these
government programs are even better than that. And marry the
home and not the loan. So if we all truly
(07:19):
believe that, rachelill maybe gravitate just downward as we go
into twenty six.
Speaker 2 (07:26):
Possibly. So if you really feel that way, you know.
Speaker 1 (07:30):
With us you can refinance again in six months. And
our closing costs is what we pride ourselves in trying
to control. And you really only pay with us the
administrative costs. If you're in good position with equity and
credit score. We have to have an appraisal, we have
to have a title exam and all the necessary components
(07:51):
to close your loan. Other than that, if your credit
score is less than desirable, which is seven eighty in
our world, you may have to you know, you may
be facing origination fees.
Speaker 2 (08:05):
But delivery fees not a line in. They're not their delivery.
Speaker 1 (08:09):
By the home. Now and maybe and you are going
you may You're probably going to have a chance to
refinance down the road. And it makes sense, especially if
you find a lenner that it's not going to charge you.
Speaker 2 (08:23):
Eight ninety nine underwriting fee, seven fifty dollars appraisal.
Speaker 1 (08:27):
Yeah, fay they yeah, you know, we're you're about nine
hundred and forty eight dollars in closing country. But it's true.
I mean, marry the home and date the loan. You
can refinance at any time. A lot of people don't
realize it. Now, I don't care if you've been in
the home six months, eight months, You can refinance at
any time.
Speaker 2 (08:44):
Anytime.
Speaker 1 (08:44):
You can save yourself money. But if you're closing costs
for nine hundred and forty eight bucks, or they're twenty
three hundred and twelve dollars depending on the equity or
whatever the delivery.
Speaker 2 (08:53):
Fee may be.
Speaker 1 (08:54):
Tim if you go two months without making a fourteen
hundred dollars payment, you already broke even on your closing
to start saving. You have already broke even on your
closing costs to start saving. Yellow you hear me, now,
I mean people are like are not to have one
percent rate drop? Why do they teach that because you
(09:16):
pay thirteen thousand or eighteen thousand dollars in closing costs
of some of these clowns online. And I've seen them,
you know, they say, oh, there's no out of pocket.
Oh no, there ain't no out of pocket. But you
ow three twenty five, but you're gonna borrow three thirty seven.
You know, yeah, the ain't no money out of pocket,
but you're losing seventeen thousand dollars worth of equity.
Speaker 2 (09:34):
And that's what these people do to you.
Speaker 1 (09:36):
You can call us and you know it's nine hundred
and forty eight bucks if you've got delivery feed because
of your credit score of the equity, you know, it
might take you two and a half months to break even.
But it ain't gonna be no thirteen or fourteen thousand
dollars fee to try to get loan done. And people
pay it. I mean they in realatures, and it blows
me away. There's a ton of good ones out here.
They'll send them right on over there. They've got to
(09:57):
be getting a kickback or something. But I mean, why
if you can do it for nine forty eight, you
want to pay thirteen thousand?
Speaker 2 (10:05):
And people they do it.
Speaker 1 (10:08):
So, but you know, give us a call eight five nine,
eight nine, nine one nine three six South and Drives
eighty five nine two six three three three three five.
We've been doing this radio show a long time, tim,
I think that we're about to wind it down. But
we wouldn't be on here for eighteen years quoting this
stuff and doing this stuff if it wasn't true.
Speaker 2 (10:26):
You know what I'm saying.
Speaker 1 (10:28):
The f c C, the s CEC, the b I
G or who fd I C, Yeah, bnation a big
blue day, they would have run us off the air
if we were sitting here talking this, you know, non truths.
So you know, pick your poison. If you want to
deal with the local people, be here by here, you know,
stay here. That's what we want to you know, we
(10:48):
want to deal with you, and we we you know,
we'll we'll take care of it. If it doesn't make
sense to bank an't you let us do it anyway.
But you're in You're we're in it together. And once
you get in the Guardian family, that's where we're at.
I mean, Denver humph.
Speaker 2 (11:00):
Tell you that.
Speaker 1 (11:00):
You know, Pete Grunk, you know you've got all kinds
of people out there. You got Pat Paint. All your
buddies out there, think you that you know, Perry Tussey,
all these people, they understand the business man, you know,
and they know what's going on married.
Speaker 2 (11:15):
The home date, the loan.
Speaker 1 (11:19):
So it's uh, take advantage of you know what we
got six and three ages, but less than what you
got then, like Tim said, nine hundred and forty eight bucks.
When it goes down, we'll do it again. You can
probably finance with us four or five times and have
the same amount of fees as one time with other lenders,
you know, and any of the lenders out here. If
you get a settle mistake befrom them, you're gonna see
(11:41):
it in writing. You know, the proof is in the pudding.
They got to give it to you, they got to
disclose it. So don't don't let the information fool you.
But give us a call. We've been doing this a
long time and and we'll help you. And it's uh,
you know it's I think Rach're probably gonna get a
little bit better. Everything's been closed. The bond market after
(12:03):
you know, the price scene of the last FED meeting
was already in place. You know, they thought was going
to happen. News had come out they were going to
do a quarter, possibly a half, and then it did,
and the bond market reflected up long before it happened,
and rates ain't change any bond market's actually gotten a
little bit better even though the government's been closed down.
Speaker 2 (12:20):
So you know, don't don't worry about all that.
Speaker 1 (12:24):
So just to enjoy, you know, saving some money if
you can let us, we can have you a couple
of months without a payment. You're headed into Christmas, you
got that coming, got taxes due, There's any number of
things and any good reason to consider married the home
date to loan, we got takeing a break. You're list
of the Welcome Home Show by Guardian Savings Bank, open
to day from nine to one.
Speaker 2 (12:44):
Phone numbers eighty five nine eight nine nine one nine.
Speaker 1 (12:46):
Three six southand drives eighty five nine two six three
three three three five. So if you can hear, you
can call us. You're listen Welcome Home Show by Guardian
Saventy Bank on News Radio six thirty l We'll be
right back. You're a back listen up from Home show
about Guardian Savings Bank. Tim Adams, Larry Frit's in here
this Saturday morning We're glad to have you tuned into
US bank is opening day from nine to one for
(13:09):
number eighty.
Speaker 2 (13:09):
Five nine eight nine nine one, nine three six. That's
your winning numbers.
Speaker 1 (13:15):
Actually, if you really want to save some money now,
if you want to go to the track, I mean,
Pinky might have a better something by the time this
shows over. But I don't have any idea I'll eat
him out my winning numbers. Larry, that de loots the
pool of money I wouldn't get. I know you've been
knocking down some exactis and knocking down some winners over here.
Speaker 2 (13:31):
What you want on one the other day?
Speaker 1 (13:32):
Called English chunnel, didn't you English un English chunnels?
Speaker 2 (13:36):
Old Pinky.
Speaker 1 (13:37):
He'd been around the track, folks, So been around the
block too, ain't you? Since I was nineteen years old
when I was enlightened by horse racing, Yeah, and uh,
I kind of got the fever of it.
Speaker 2 (13:49):
That's back when the track first opened.
Speaker 1 (13:50):
W just fell in love with it and the whole
whole thing of it and ended up meeting people in
the business.
Speaker 2 (14:02):
And he used to go to sales all the time.
Speaker 1 (14:04):
And that was a really exciting time back when I
was in college and after that you can see the
big multi million dollar babies come to the ring and
you get those bidding wars on the floor and it
was it was, you know, really really exciting, big money.
Speaker 2 (14:22):
We never owned any horses, want anything, have we?
Speaker 1 (14:25):
I'm sitting right here looking at a delta downs Honeycombe Alley,
New Orleans, November twenty second, twenty fourteen, being on you know,
nine years ago, Tim, we had a steaks winner with
Rob Brewster and Dreammaker Racing and we met him at
the bank and he needed a few people to fill
syndicate and bought a how bought a horse he was
refinancing so own from Keenland. Yeah, and we bought a
(14:47):
horse after at the Keenland sales. Honeycombe Alley was what
we wound up naming her. She was eleven for eleven
in the money, won a stakes race, rental third and
the state trace.
Speaker 2 (14:56):
Beautiful horse.
Speaker 1 (14:57):
Worst thing that ever happened to us because we owned
Mini after some of us winters and some of us losing.
Speaker 2 (15:03):
But it's addictive. We did really, really well.
Speaker 1 (15:06):
You know, we had some bad unfortunate luck, but overall for.
Speaker 2 (15:13):
What it was work and that was just we weren't
really in it for the money.
Speaker 1 (15:17):
If you think about it, you have to have deep
pockets to make money in this business. And but I've
got the Crystal Boss to reflect back home.
Speaker 2 (15:25):
I'm looking at it right here. I mean it's a
you know, it's a good time.
Speaker 1 (15:29):
And the Austall was our trainer and she ran my
primarily dead and in uh we want to see out
Churchill Down.
Speaker 2 (15:35):
Yeah, that was this work for me. We saddled a
horse at Keeenland.
Speaker 1 (15:38):
We didn't win the race, but we at least were
when I look up and saddling in the saddling ring
and there's d Wayne Lucas, Uh, you know, kind of
a kind of a great feeling. And sure we've been
in Churchill, Indiana Downs. And as she could say, it
was a bucket this day Purfway Park. We went up
to Turfway Park and they toured us around and champagned.
Speaker 2 (15:58):
Us and yeah, that was the.
Speaker 1 (16:00):
Funne We've been fortunate to, you know, be able to
do some of the things we haven't. It's really because
of the people we met in the business relationships we've
developed through Guardian Savings Bank.
Speaker 2 (16:07):
And when I tell you that you're part of the family,
you're part of the family.
Speaker 1 (16:10):
And it wasn't like we had millions of dollars in
these dog on horses. I think we put twenty five
hundred dollars each in or something, wasn't it, yeah, or
something like that. Yeah, I mean it was cash calls
on yeah, well on some of them, but you know
it was somebody's got to feed them, you know. Yeah,
but uh, we had we had a good time and
Keeland's Fund and all that stuff. But back to the
you know, the task at hand, as Tim would say,
(16:31):
you're gonna marry the home date the loan.
Speaker 2 (16:32):
You know, we got six and three eighths on a
thirty year fixed, six and three eighths.
Speaker 1 (16:35):
On a Jumbo six and and eighth on FHA v
A and USDA, and we've got our community home buy
our program right now three percent down. It's a pretty
appealing rate as well. So if you're a realtor and
you have somebody, we've got some downpayment assistance money that's available.
We've got a few different options on that. But if
it's something that you're you know, uh interested in, I
think now is the time to try to get off
(16:56):
the snide and get something bought. They're not making any
more land user continue to increase. You know, I talked
about it all the time where I've had people say,
you know, I'm waiting for the rate to come down
to five percent before I buy something.
Speaker 2 (17:08):
You know so well that two hundred.
Speaker 1 (17:09):
And fifty thousd doar house you're looking at. By the
time that comes down to five percent, it's gonna be
two seventy two. So there's a place where the rubber
meets the road and you just really obtain ownership. Like
I say, you can have the home for six months,
eight months, fifteen months.
Speaker 2 (17:23):
It doesn't mean you can refinance it anytime. I'm married.
The home date to loan.
Speaker 1 (17:26):
And if you bought something over the last couple of
years and you're hiring a six and a half percent
interest rate, I ain't gonna say anything bad about you,
but you're foolish if you don't call. It's eight five
nine eight nine nine one nine three six. Hey, you
said I was foolish if I didn't call you. Here's
what my rate is, here's what my balance is. Tell
me what it's gonna cost me, how much you're gonna
save me, and say you've been in that house for
(17:46):
two years. I can push you on a twenty eight
year mortgage. I don't have to put you on a thirty.
I don't have to start you over. You think you're
gonna live in that house forever. You don't think you're
gonna stay there forever. Start back over on thirty, take
the rate reduction, two months with out of payment, put
some money in your pocket and guess what tim ever
by saving money yep. And you're part of the family,
so you know it's it could be time to you
(18:09):
don't make something happen if you're interested, but you know it's.
Speaker 2 (18:12):
A good, good deal.
Speaker 1 (18:13):
We we service our conventional loans, some of them we
don't close. The costs are different on the FAHA ba USDA,
and we do have checking and savings and CDs and
stuff at the bank.
Speaker 2 (18:22):
Now, I can't do you a.
Speaker 1 (18:23):
Car loan, note loan or boat loan. That's not our forte.
We don't do those. But we just do mortgages only.
We do really, really good at them. Hey, we're going
to take another break. You are listening to Welcome Home
Show by Guardian Savings Bank open to day from nine
to one on numbers eight, five, nine, eight, nine, nine, one,
nine three six. If you can hear so you can
call us. It could be your winning numbers.
Speaker 2 (18:41):
Today.
Speaker 1 (18:43):
You're listen to Welcome Home Show by Guardian Savings Bank
on news Radio six thirty. W Lad, we'll be ready.
You're back listening to Welcome Home Show by Guardian Savings Bank.
Then Madam Glarry Frak's in here with you this Saturday morning.
We hope you're in town having some fun at Keenlan.
Hope you're going to get out and see big blue madness.
This sevening I believe that's about six o'clock down here.
Is it still a ripperen? They can call it something
(19:03):
different now, don't anyway. Banks open today from nine to one.
Phone numbers eight five, nine, eight nine, nine one nine
three six South and drives eight five nine two six
three three three three five. And just want to point
out again we got checking and savings and CDs. I
mean we are a real bank. I mean this is
in our long cellphone on the mortgage side of it.
And as we said earlier, can't do a boat loan,
(19:25):
note loan or anything like that. We do mortgages only,
and we're we're glad to do them. And we build a.
We've built a great tradition and a great business here
in Lexington. Tim with the business that we've done, we've
been on this radio show about eighteen years. I reckon
and trying to educate people and let them know what's
going on and marry the home and date the loan.
That's the topic for today. Phone numbers eight five nine,
(19:47):
eight nine nine one nine three six. If you know
somebody or you yourself are on a rate of over
six and a half percent, you need to give us
a buzz. Our closing costs generally about nine hundred and
forty eight bucks. If you got right equity in credit score,
that's where you're going to be. If we have to
have a delivery feet so abe it. We'll figure out
when it's going to take you a break even on
your on your closing costs. But generally it's within about
(20:08):
a month or so. So people over and over and over,
and I hear it all the time. One percent rate drop,
one percent rate drop for our refinance, Go on and
fool yourself. I don't do numbers for a living, so
don't call me. Well, in a real world, that's probably true,
because if you're gonna pay you know, thousands of dollars
and you're going or you're are they're going to soak up.
Speaker 2 (20:30):
Thousands of your dollars of your equity.
Speaker 1 (20:33):
Position to cover the costs. Uh, that may not be
a good deal. I'm not saying it's not, but I'm
saying get three quotes like we suggest.
Speaker 2 (20:43):
That you knew, but you know I was.
Speaker 1 (20:46):
I was out of visiting over my daughters the other
day and then stopped by her house and she had
some coupons saved up, some from Kroger and some for
getting a little change and whatever else. And you think
about it, how many people do you think today listen
to this show are looking through the mailboxers type of
solicitation at q pons or a discount somewhere. Tim, probably
eighty eighty five percent of them, I don't know, it's
say fifty percent of them. And we're sitting here telling
(21:09):
them word for word, and they can come see me.
Speaker 2 (21:11):
You look us right now.
Speaker 1 (21:12):
We're gonna tell them the same thing, you can refinance
your house that if everything's right, And probably eighty five
percent of the time it's nine hundred and forty eight
bucks a guarding but Thurst time going, it's not, but
you know you think about saving money here, save money.
Speaker 2 (21:26):
The biggest payment you have is probably your mortgage. Get
it out.
Speaker 1 (21:29):
Give us a call, say Larry, how much can you
save me? And if it don't make sense, we won't
do it. And if I can save you some money,
and I can structure this loan where you don't have
a payment for a couple of months and start saving
you four or five hundred dollars a month, get you
a six thousand dollars income swing or at least cash
flow swing. Call me eight five nine, eight nine nine,
(21:50):
one nine three six, because it's you're not gonna lose.
But you know, I'm just thinking about the other day
and I was happy that that the girls are, you know,
good about saving money and looking for bargains. And how
many how many people you think they're listening to this
show that's got some type of application on their phone
that's not going to save them money on a hotel
room or tell them where the cheapest gas is or
(22:11):
an airplane or a cruise.
Speaker 2 (22:15):
You know, they worried about saving money. They're in the
biggest investment they got is their house. Call us. You
don't need you don't need AI you don't need AI.
You got me in.
Speaker 1 (22:24):
Tim, that's t I in LA. But you know, so
it's just just think about it, you know. I mean,
we're just trying to we're trying to strike a chord
with you. We're trying to point out a few things
as amateurs here on the radio show, but you got them,
and we're telling you how it is. Eight five nine
eight nine nine nine three six and just let us
take a look. If it makes sense, we'll do it.
Speaker 2 (22:45):
If not, hey, I understand.
Speaker 1 (22:46):
But if you don't ask, you don't know, and we
will put it together and make it right.
Speaker 2 (22:50):
So you know, keep it in mind. Six and three
eighths on A, thirty six.
Speaker 1 (22:54):
And and eighth on B A, f h A, and USDA
Community home Buyers is as cheap as well, three percent
down and we've got down payment assistance on some of
these things. So got some good first time home buyer programs.
Speaker 2 (23:06):
But if you don't ask, you don't get eight five nine,
eight nine nine one nine Tree sick.
Speaker 1 (23:10):
We'll be here, we'll help you, we'll put it together,
we'll make stuff happen. But if you don't call, and
you don't ask, you don't get. It's your pine, the
s guy, Yep, your pine, the sky marry, the home date,
the loan. So, and I do think Rates will get
a little bit better, but I don't think you need
to hang your hat on it. We thought that was
gonna happen when the Fed struck, but they already had
a price then and nothing's gone on.
Speaker 2 (23:32):
So I will him.
Speaker 1 (23:33):
I think you and I have this conversation on a
regular basis, and we're just guessing.
Speaker 2 (23:37):
We don't have a clue.
Speaker 1 (23:38):
If we were really that good, we wouldn't be doing
what we're doing. But I think Rates probably ought to
sell it in the in the fives. So you might
refinance again with us, But for nine hundred and forty
eight bucks. You could do it a couple of times,
and most of the time you're gonna get your money
back and break even on the first month's payment.
Speaker 2 (23:55):
You're gonna skip a month or two's payment. Yep. Close.
Speaker 1 (23:58):
You know a lot of people are huge by that.
But you defer out the first one month after closing.
So if you close on let's say you've got a
longing process right now, you can't close, So let's see
you close on November fifth. You want to prepay the
interest for the many days in November. No payment for December,
first payment January first. What better gift to yourself for
Christmas than a refinance? Absolutely save yourself. Somebody in the
(24:21):
long run have a couple of months without a payment.
I'm happy, and you're happy. Christmas gives for the whole handly. Yeah,
And it's just you know, that's that time. You know,
tax bills are after a lot of stuff going on,
and you know we're here to help eight five nine
eight nine nine nine six. You're not going to find
a better deal. And just like Tien mentioned earlier, we
(24:42):
like to recommend that you get two or three quotes.
I ain't scared. I've had people come back and you know,
come to meet and I'm given the second quote, and
they've got something on paper, and I give them mine
and they take it back to that first guy and
he starts rearranging his numbers to match us. In my
first quest uestion is, well, why didn't he offer to
you to begin with? Because you're going to get our
(25:02):
best and final right off the top. It is what
it is, and we'll give it to you and if
somebody out there can beat it, yep. God bless them,
because they're gonna do it for free or they're gonna
lose money on it most of the time, not all
the time. But we do what we do, and we
do it very very well, and I think you'll be
happy with the way Guardian does it and how we operate,
how we handle your loans, and that's just one of
(25:25):
the things that we pride ourselves on.
Speaker 2 (25:26):
While we've been doing this radio show for well almost
twenty years, I get according to the corporate office, I
just had my seventeenth anniversary.
Speaker 1 (25:35):
With the back so well, okay, so then we've been
doing the show for seventeen, but it seems like eighteen.
We've had the same crew at Guardian pretty much this
whole time, and that says something, you know what I mean,
because a lot of changes have happened. We've made kid
my kid, you know. They you know, I'm doing loans now,
which I'm super super happy with. I've probably got four
or five loans right now for the kids of people
(25:59):
that I close loans for or you know, years ago,
and now their kids rolling up to buy homes and
they're like.
Speaker 2 (26:03):
Hey, called Guardian, you know, And now that I look
at Larry.
Speaker 1 (26:06):
You know, I wonder where the you know, I looked
at twenty twenty one numbers and I was just I
was like, wow, you know, my volume in twenty twenty
one was just but nobody's moving from those lines because there.
Speaker 2 (26:21):
I had a call this week.
Speaker 1 (26:23):
He did a fifteen year mortgage in twenty twenty one
two point seventy five percent, and he's knocking it out
of the park every month automatically. Now he's you know,
but he's been, he's been, you know, he's been accelerating.
And that's what we teach and preach and a lot
of letters will do that.
Speaker 2 (26:41):
Well.
Speaker 1 (26:42):
The other thing at Guardian is we've got our you know,
if you bring ten thousand dollars or more end and
we can do a recast. And I've had several people
take advantage of that over the years. They get an inheritance,
they sell a property, get an insurance settlement and they
come in and they've got three and three eights on
a thirty or three eight seventy five or whatever, and
they have to refinance.
Speaker 2 (27:00):
They come and bring ten. You're in.
Speaker 1 (27:02):
We'll reamateurize that payment with a ten thousand dollars principal
bounce reduction and they can kick that three point eight
seventy five or that's two in three quarters what you're
talking about.
Speaker 2 (27:11):
But it will change the payment in their faith. Absolute.
Speaker 1 (27:13):
Not only will the payment go now, the performance goes
up as well. Absolutely, And people it's a win win.
You're not going to find any other lenders out here.
And I've had people come back to me go, well,
I went over here to so and so and they
told me they could do that. But if I want
to pay down, I've got a refinance saloon. Uh huh,
you know, I mean so it's you know, like I said,
we wouldn't be doing this show as long as we
(27:35):
have and been as successful at as we have been
in the bank, wouldn't be in the position it is
with the success with if we weren't telling the truth.
And there's probably a wor up in thirty five a
Betty Bow. Thousand people listen to this thing right now
as they're headed to town for Big Blue Madness, Kingland
or whatever. And my name is Larry and I'm doing
this show with Tim and you can call us at
eight five nine, eight nine nine one nine three six
(27:55):
and let us see if we can save you the money.
If you're in town business, still give us a call.
We'd we'll hook you up and get you taken care of.
And nine hundred truth about the truth, Yeah, nine hundred
and forty eight dollars a standard closing costs for it.
They were two fifty for a long time. Then you
know what the cost of changes and credit bureaus and
the credit buillles have gone up more than anything than
I can recognize. But praise RULs are about the same.
(28:17):
But nine hundred and forty eight bucks. We get a
two hundred and fifty dollars application fee, and that's included
in the two forty and that nine or the ninety
nine forty eight includes appraise, appraiser, title work, loan closing,
credit report, doc preparation, everything we need to put your
loan together. It does not include a finally feed for
the county that you live in. It doesn't include setting
up s growth for your taxes and insurance. But if
(28:39):
you can find a better deal than that, just let
me know where it's at, because I'm at the wrong spot.
I just don't think you can and that you and
most likely you won't. But that's why we say go
get your three quotes, we ain't scared. And if you
come and get ours first and go to two other
places and shoot, he said, I've got a quote from
Guarded and they said, well thank you.
Speaker 2 (28:57):
You know, if they give you the first one, you
come us.
Speaker 1 (29:00):
And we give it to you, you take it back
syf to negotiate with it and you'll see what what
you know where the money's made, So you know, it's
it's a competition's good. Everybody has their own philosophy on
making money. And you know we like to do good
loans and we service them and then service and that's
how we make our money.
Speaker 2 (29:17):
You pay Guardian.
Speaker 1 (29:18):
We about three and a half bad in servicing, so
you know that's that's how we get our payback. The
payback is truly in the payback. And once you get
in the family, were gonna take care of you. If
something happens and we need to you need us, We're
gonna try to do whatever legally we can. You'd be
hard pressed for the last eighteen years we've been doing
(29:39):
this show or have a long to find somebody that's
too upset with Guardian and the way they were handled service,
or that they were misled in any way, shape or form.
Speaker 2 (29:47):
It just doesn't happen.
Speaker 1 (29:48):
So fall us here at the local level eight five
nine six and and let us help you. You've got
stuff there at uh. You know, there's online services that
you you could do, but we like to deal with
you here on the local level. You get the same
deal wherever you go, but we want we want to
do it. We want to meet you, and we want
to see who we're dealing with, and we can meet
you face to face and take care of it. So
(30:11):
keep that in mind. Married the home date, the loan,
you know, rates are in good shape. The other thing
we've been talking about here recently, I want to point
it out again, is about talk to a guy today
who's you know, saying next several years he's going to retire.
I said, Jeremy, we need to look at everything on
your you know, payment structure.
Speaker 2 (30:29):
Here.
Speaker 1 (30:29):
You got a financial advisor, meet with them first, but
let's evaluate what you're paying, what your equity situation is,
because once you retire and you start getting that fixed income,
no overtime, no bonuses or anything, and things get tight
because you're on a fifteen year and you got a
high payment. You couldn't change your lifestyle.
Speaker 2 (30:47):
A little bit.
Speaker 1 (30:48):
But if you structure it before your retirement and get
set up, we can still show you how to pay
it off in fifty in whatever time you want to.
But I like to make the payment commitment as little
as a burden as possible. Tim, you know what I'm saying,
And we can't precate enough, but we we try to lay.
Speaker 2 (31:07):
In there with it.
Speaker 1 (31:08):
So we we're going to take another break. We hope
you're enjoying your day here in Lexington. You got Keenlan
going on, you got big blue manness has even in
a rough aree at six o'clock gonna be a lot
of traffic, a lot of stuff going on.
Speaker 2 (31:19):
To be safe. Banks open to day from nine to one.
Speaker 1 (31:22):
Farnumer is eight five nine eight nine nine one nine
three six South and Drives eighty five nine two six
three three three three five.
Speaker 2 (31:28):
So if you can hear us, you can.
Speaker 1 (31:30):
Call us your listen a Welcome Home Show by Guardian
Savage Bank on News.
Speaker 2 (31:33):
Radio six point thirty Home of the Lockcats. W l Ah,
We'll be right back.
Speaker 1 (31:41):
You're back listening to Welcome Home Show by Guardian Savage Bank,
Tim Adams Larry Frank's coming at you this Saturday morning.
We're glad to have you tuned into us. Welcome to Lexington.
If you've come into town for keenlan or big blue manness,
hopef you have a good day. Guardian Savage Bank been
around since eighteen and seventy five.
Speaker 2 (31:58):
One of the.
Speaker 1 (31:59):
Largest lens in the next thing we'd do want to
every three lens at Indiana, Ohio, Kentucky Pinky District.
Speaker 2 (32:05):
Bank's been opening Leston here for quite a while.
Speaker 1 (32:07):
Bank open a day from nine to one oh eight
five nine eight nine nine one nine three six Tied
mentioned it earlier. Marry your home, but date your loan.
We've got some good rates right now.
Speaker 2 (32:17):
Nine hundred and.
Speaker 1 (32:17):
Forty eight dollars in closing costs in most circumstances six
and three eighths on a thirty six and.
Speaker 2 (32:22):
And eighth on FHAVA.
Speaker 1 (32:23):
USDA got Jumbo loans at six and three eighths on
a thirty year fix and that ain't too bad either, Tim,
that's a that's a good rate.
Speaker 2 (32:30):
No.
Speaker 1 (32:31):
Traditionally jumbo's been price a differently than single family over
occupied for their listen Freddy Macmax. But yeah, we've been
preaching all day if you've got a rate over six
and a half percent, give us a call. Nine forty
eight dollars in closing costs. I mean you're gonna skip
a month's payment. You're gonna break even immediately on your
closing costs. In most circumstances, sometimes you can miss two
(32:51):
months and ten. You just pointed out that if they
time it right and we get something started now and
we don't close until, you know, sometime in November, they
won't have a payment through Christmas until.
Speaker 2 (32:59):
A fir the year they have some money for Christmas.
Speaker 1 (33:01):
Yes, we could potentially defer your payment to your current
lender and take the thirty day affirment on the new loan.
And so you're just going to pay the interests to
Guardian for November and you can put some jingle in
your pocket now. And the ninety eight clothing costs includes
your appraisal, your title work, your documents, your credit report,
all the things we need to put your loan together.
(33:23):
It doesn't include your filing fee, which is around eighty
eighty five dollars depend on which county you're in. And
then if you're going to set up scrows for taxes
and insurance, so other than that, it's covered in there.
But you know, just take a look at your interest rates.
You know, if you're in the market, let us get
your pre qualified. If you've been pre qualified and race
for a little bit higher, give us a call. Our
clothing cars aren't much difference if you're purchasing a refinancing.
(33:45):
But you know, let us put you some numbers together.
Your buying power may have went up if you got
pre qualified at six point seventy five and or six
and three eights. Now maybe you can afford a little
bit more. So, you know, just you have options. And
if you bought a home and you've only been in
at sixth on it's eight months or whatever, and you're
six and six seven five or seven percent or something, give.
Speaker 2 (34:04):
Us a call.
Speaker 1 (34:05):
We can refinancial at any time. Be local, by a
local and stay local. That's what you're getting with Guardian.
You know you're going to be able to call Tim
and say, hey, my homeowner's insurance went up.
Speaker 2 (34:13):
I want to make a change. What do I do? Tim?
What would you tell them?
Speaker 1 (34:16):
Another quote exactly, But the main thing is you're talking
to Tim. If you call and say, Larry Man, my
ass grows went up. I can't figure out what's going on. Well,
it wasn't your payment your taxes, as Judior justice, your
house value went up. That's where it comes from. That's
what you get when you're dealing with a local company.
And we have been here doing it for a long time,
and once you get in the family, we'll keep in
I mentioned earlier and show. One of the things I'm
(34:37):
proud about right now is the fact that I probably
I think I've got four or five loans going right
now for the children of people that I did loan for.
That tells a little bit about my age, but it
tells also a little bit about the confidence and the
trust we have in each other for them to send
them to me. And I'm super, super proud of that.
So you know, you get into the family, you're going
to be in it to win it with us. Appreciate you,
(34:58):
even give us considerations. Often drives eight five nine two
six three three three three fives. You're on that side
of town, call.
Speaker 2 (35:04):
Them over there.
Speaker 1 (35:04):
Got Jamie Mortimeron O'Brien, Alex mulaney, Jim mackenzie, and we
do checking in savings and CDs and all this stuff.
We are real bank but Tim, I couldn't lend you
money to buy that boat for that car.
Speaker 2 (35:15):
Or I could not even note long.
Speaker 1 (35:16):
We do mortgages only, but we do have CDs and
checking and you know, business accounts and all those things
there at the bank, so you know, keep that in mind.
Speaker 2 (35:25):
This shows an hour.
Speaker 1 (35:26):
Long selothon and the mortgage arena, and we like to
talk a little bit of economy, which the.
Speaker 2 (35:30):
Men talking about some horse racing.
Speaker 1 (35:32):
And you have been bragging on Tim's you know, horse
picking expertise, and he told you if you trade secrets
on his gambling prowess, Oh, I don't tell my secrets,
going all the money myself. Well, you appreciate your listening.
Speaker 2 (35:46):
Today.
Speaker 1 (35:46):
We get some good local people we like to cover,
and Keim and I are big music lovers and we
have a good time with it. So if you hear
somebody on here, find them on Spotify, YouTube or wherever
your music athletes are. Savannah Reeves and so you'll be
listening to today. She's got some music out that's new.
And next week maybe we'll feature Sarah Terry. She's been
(36:08):
recently on Fox and and you know has written some
very nice songs.
Speaker 2 (36:13):
You've probably got nine or ten albums out.
Speaker 1 (36:15):
It's a little little writer out of urban Kentucky, graduated
from Traansy, but Samannah Reeves graduated from over A, UK.
Got a great following and she's recently been featured in
a in a country girl magazine. She got some nice
tunes out. But we'll play her music today for you.
And maybe she's out around town playing somewhere, so catch
her and we'll go from there. But we like to
(36:36):
promote our local people more. It's all about, like I say,
be local by a local and stay local team Thanks
Open to day from nine to one man eight five
nine eight nine nine one nine pre six It says,
listen to radio, so I want to talk to Larry
or do you want to say Tim? So just uh,
you know you will We'll we'll get you hooked up
once again. Six and three eight's on a thirty year
(36:56):
fix and it could be better by monday. But if
you give us a call, we'll get you go. If
you need you approved, will help you with that, you know,
you know, debt consolidation to a cash out refinance will
do that. UFA us D A v A f h
A Jumbos at six and three eights. You know we've
got them. We've got them all we do. Nine owner occupied.
We could do just about anything to do with real estate,
(37:18):
but once again, no boat loans, note loans or anything
like that, so keep that in mind. Nine forty eight
generally is what our clothesing costs. Our close everything, praise
on everything does include the filing fear esturos. But if
you can hear, you can call us. We'll save you
some money. Your winning numbers today's eight five, nine, eight nine,
nine one nine three six. So if you're out the track,
(37:39):
good luck. If you're going to Big Blue Madness after
the track, be safe, be careful, enjoy that decided about
the season, and we hope that you enjoy this weather
and this weekend and appreciate you listening to the radio show.
Bank is open today from nine to one from numbers
eighty five, nine, eight, nine, nine one nine three six
for ten Adams, I'm Larry Fritz.
Speaker 2 (37:58):
We'll be back next Saturday.
Speaker 1 (37:59):
You've been listening off the Home Show by Guardian Savings
Bank on news radio.
Speaker 2 (38:03):
You look at the W L A. P. Nick the
lap be back next week. You
Good morning, elected. Then you're listening to Welcome Home Show
by Guardian Savings. Pink, Larry Frakes, Tim Adams in here
with you this Saturday morning. We're glad to have you
tuned into us. Hope you're having a good day out
enjoying Keenland on your way to Keenland maybe and uh,
maybe you've been after the last couple of days or.
Speaker 2 (00:19):
What have you.
Speaker 1 (00:20):
I know, Pinky's been doing real good on his bet
and we'll see what he might have picked for later
on this afternoon if he's handicapped it out, but he's uh,
he's just turning next and cash and checks from what
I understand.
Speaker 2 (00:29):
But anyway, banks open to day from nine to one.
Speaker 1 (00:32):
One of them is 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 she can call us. Obviously. You know, got
some crazy stuff going on out here in the economy.
The government has been shut down for a little over
in a week or so ten days, and you know,
not a lot of news out here really to go
(00:53):
on because of that. But the bond market is not
really you know gotten Haywire honest him. Actually it's kind
of trended a little bit better. So we're still at
six and three eights on a thirty year fixed, five
eight seven five on a twenty year fixed, and five
point sixty two five on a fifteen year, and then
we have a special that you can get five and
three eights on if you've got eighty percent or twenty
(01:13):
percent equity and at eighty percent loan to value.
Speaker 2 (01:16):
So that might be something to consider.
Speaker 1 (01:18):
If you qualify for that. But the closing costs about
nine hundred and forty eight bucks for any of them
to start with, and sometimes we'll have some specials, but
you know, keep that in mind. And Tim y'all is
looking at the rates, I mean FHA right now, BA
and USDA six point one two five.
Speaker 2 (01:35):
That's a quarter per percent less than.
Speaker 1 (01:36):
A conventional and a jumbo loan has six point three
seven fives. It's the same as a thirty year conventional
on a on a loan, but the jumbo covers anything
over what eight seventy six four or four fifty or
something like that, So keep that in mind and then
you'll go from there. But FHA, B A, USDA and
(01:58):
there's six and an eighth closing cost little different with
us here because we have to have title insurance on them,
but we do do them. We don't have any origination fees.
They're still you know, cheap on closing costs. But keep
that in mind, and you know, you can use any
of those for a refinance if you want to. And Tim,
we've talked about it time and time again about you know,
if you're above you know six six two five or
(02:19):
six seven five for our closing costs, you need to
give us a call and see if we can REFINANCI
and save you some money. And people still fight that
battle if you have.
Speaker 2 (02:28):
To have a one percent rate.
Speaker 1 (02:30):
Dra Well, yeah, if you're paying thirteen thousand dollars in
closing costs to Quicken or somebody or Rocket Mortgage whatever
they're called now. But if you're paying nine hundred and
forty eight dollars and you got a thirteen hundred dollars
a month payment painting, you're gonna skip one payment? How
long take you to break even? It's a good deal exactly,
you know. I mean people, you know, we we talk
(02:51):
to tell we're blue in the face, but it's just
you know, you just got to get it where it
resonates and hopefully when you get your you know your
tax bills coming in, your insurance is coming in, and
your mortgage pain.
Speaker 2 (03:00):
Hey, look at it, see what your rate is.
Speaker 1 (03:03):
If you got anything above six and a half, you
need to call us and spend the five minutes on
the phone, the ten minutes on the phone. Eight five nine,
eight nine, nine, one, nine three six. And we're opening
today from nine to one, by the way, so you
know we're here. But uh, and if not, they'll sinus
straight to my cell phone or Tim's. But eight five nine,
eight nine, nine one nine three six, and then we
(03:24):
can sort it down. If it makes sense, we'll do it.
If night, we'll have a plan. But information is free.
If you dial all that number, that's probably the best
numbers you're gonna get all day. Unlet's think he's got
something picked on a on an inside track for a
hot bet this afternoon, and he's generally like the gray
horse in the fifth race, or the fourth horse in
(03:44):
the fourth race on the fourth furlongs, or he's got
his little technique over here.
Speaker 2 (03:49):
But anyhown't.
Speaker 1 (03:49):
I've been around racing enough to know a lot of
the names are involved in you know, Sugar mcgahey and
and some of the some some of the tourists don't
know all that I know about, So that's kind of
something I use also. So look at breeding and look
at the sires, and look at the connections dolphin, and
(04:12):
I'll always throw all good Dolphin horse in there.
Speaker 2 (04:15):
But back to the task in hand.
Speaker 1 (04:16):
But wait a minute, Wait a minute, I was going
to make a comment about that handicap and deal with
a lot of people wouldn't know there's a there's a
realator in town. Tim, You and I both know him
by guy by the name of Casey Weezer, and his
dad was a good handicapper.
Speaker 2 (04:28):
His dad's passed away, and I love him to death
and I miss him.
Speaker 1 (04:31):
And every time around this time of the year, when
in the fall and in the spring, when the bracing
comes on, he always comes to mind. But he was
He was a good handicapper. And some of the tricks
of the trade that he used was somebody doesn't have
a whole lot of horses possibly running, but somebody who
owns and trains the horse. Was one of his little
(04:53):
clues that he would look and operate. Doesn't always pan out,
but He had some really really good technique that I
learned a lot from. So if you're looking at the
racing form today and you see that somebody is an
owner and they're a trainer, that's a good clue. If
you got a you know some of these farms, like
you said, sug McGahee and you know McKeever, and there's
some people out here that do Mike Maker that are
(05:15):
you know they and you just kind of look and
then look for odds to where you know, you got
the morning line odds it's five to one and for
some reason it's nine to one. You might take a
look at it. Consider what's going on. If there's a
scratch today and that scratch horse was maybe one of
the favorites, and it was a speed horse. It was
one of the fastest ones on that day and it
got pulled for whatever reason.
Speaker 2 (05:35):
Maybe they're putting it on another race. We'll look and
see the next speed horses. They may be twelve to one.
So anyway, there's all kinds of different things.
Speaker 1 (05:42):
But it's you got connections that you look at and
you go by names. And then I had another guy
that anything that had to name gold in it. You know,
they would bet on it. But anyhow, back to the
task in hand. Have a good time today if you're
in town. You got March Madness to see or big
Blue Madness this evening, hope March madness. Yeah, big Blue
(06:02):
Madness is seven that at six o'clock. You might be
a little pregame on that, so keep that in mind.
So there's a lot going on today in Lexington and
you can have a good time. But anyway, okay, six
and three eights on a thirty year fix, six and
three eights on the jumbo alone, six and eighth on
f H, A, v A and USDA, So keep those
in mind. But well, the consumers have been fuoled. They
(06:24):
get fooled by what the Fed. You know, the Fed speak,
and you know, the quarter point rate drop didn't resonate
on thirty year fixed rate mortgages, and actually the thirty
year fixed rate or the fixed rate mortgages actually edged
up a bit so after that announcement. So obviously we're
we're not getting any jobs report to if we were
getting the right jobs report in any way, but we're
(06:46):
not getting any reports from the Federal Statistics about jobs,
and so therefore we're kind of a stalemate during this shutdown, Larry, but.
Speaker 2 (06:56):
Somebody stole our thun there.
Speaker 1 (06:57):
If I was, you know, you know, I'll google the
time and look at perspectives about mortgage rates. And in
this particular case, they're talking about what you're talking about,
you know, six and three eights, and some of these
government programs are even better than that. And marry the
home and not the loan. So if we all truly
(07:19):
believe that, rachelill maybe gravitate just downward as we go
into twenty six.
Speaker 2 (07:26):
Possibly. So if you really feel that way, you know.
Speaker 1 (07:30):
With us you can refinance again in six months. And
our closing costs is what we pride ourselves in trying
to control. And you really only pay with us the
administrative costs. If you're in good position with equity and
credit score. We have to have an appraisal, we have
to have a title exam and all the necessary components
(07:51):
to close your loan. Other than that, if your credit
score is less than desirable, which is seven eighty in
our world, you may have to you know, you may
be facing origination fees.
Speaker 2 (08:05):
But delivery fees not a line in. They're not their delivery.
Speaker 1 (08:09):
By the home. Now and maybe and you are going
you may You're probably going to have a chance to
refinance down the road. And it makes sense, especially if
you find a lenner that it's not going to charge you.
Speaker 2 (08:23):
Eight ninety nine underwriting fee, seven fifty dollars appraisal.
Speaker 1 (08:27):
Yeah, fay they yeah, you know, we're you're about nine
hundred and forty eight dollars in closing country. But it's true.
I mean, marry the home and date the loan. You
can refinance at any time. A lot of people don't
realize it. Now, I don't care if you've been in
the home six months, eight months, You can refinance at
any time.
Speaker 2 (08:44):
Anytime.
Speaker 1 (08:44):
You can save yourself money. But if you're closing costs
for nine hundred and forty eight bucks, or they're twenty
three hundred and twelve dollars depending on the equity or
whatever the delivery.
Speaker 2 (08:53):
Fee may be.
Speaker 1 (08:54):
Tim if you go two months without making a fourteen
hundred dollars payment, you already broke even on your closing
to start saving. You have already broke even on your
closing costs to start saving. Yellow you hear me, now,
I mean people are like are not to have one
percent rate drop? Why do they teach that because you
(09:16):
pay thirteen thousand or eighteen thousand dollars in closing costs
of some of these clowns online. And I've seen them,
you know, they say, oh, there's no out of pocket.
Oh no, there ain't no out of pocket. But you
ow three twenty five, but you're gonna borrow three thirty seven.
You know, yeah, the ain't no money out of pocket,
but you're losing seventeen thousand dollars worth of equity.
Speaker 2 (09:34):
And that's what these people do to you.
Speaker 1 (09:36):
You can call us and you know it's nine hundred
and forty eight bucks if you've got delivery feed because
of your credit score of the equity, you know, it
might take you two and a half months to break even.
But it ain't gonna be no thirteen or fourteen thousand
dollars fee to try to get loan done. And people
pay it. I mean they in realatures, and it blows
me away. There's a ton of good ones out here.
They'll send them right on over there. They've got to
(09:57):
be getting a kickback or something. But I mean, why
if you can do it for nine forty eight, you
want to pay thirteen thousand?
Speaker 2 (10:05):
And people they do it.
Speaker 1 (10:08):
So, but you know, give us a call eight five nine,
eight nine, nine one nine three six South and Drives
eighty five nine two six three three three three five.
We've been doing this radio show a long time, tim,
I think that we're about to wind it down. But
we wouldn't be on here for eighteen years quoting this
stuff and doing this stuff if it wasn't true.
Speaker 2 (10:26):
You know what I'm saying.
Speaker 1 (10:28):
The f c C, the s CEC, the b I
G or who fd I C, Yeah, bnation a big
blue day, they would have run us off the air
if we were sitting here talking this, you know, non truths.
So you know, pick your poison. If you want to
deal with the local people, be here by here, you know,
stay here. That's what we want to you know, we
(10:48):
want to deal with you, and we we you know,
we'll we'll take care of it. If it doesn't make
sense to bank an't you let us do it anyway.
But you're in You're we're in it together. And once
you get in the Guardian family, that's where we're at.
I mean, Denver humph.
Speaker 2 (11:00):
Tell you that.
Speaker 1 (11:00):
You know, Pete Grunk, you know you've got all kinds
of people out there. You got Pat Paint. All your
buddies out there, think you that you know, Perry Tussey,
all these people, they understand the business man, you know,
and they know what's going on married.
Speaker 2 (11:15):
The home date, the loan.
Speaker 1 (11:19):
So it's uh, take advantage of you know what we
got six and three ages, but less than what you
got then, like Tim said, nine hundred and forty eight bucks.
When it goes down, we'll do it again. You can
probably finance with us four or five times and have
the same amount of fees as one time with other lenders,
you know, and any of the lenders out here. If
you get a settle mistake befrom them, you're gonna see
(11:41):
it in writing. You know, the proof is in the pudding.
They got to give it to you, they got to
disclose it. So don't don't let the information fool you.
But give us a call. We've been doing this a
long time and and we'll help you. And it's uh,
you know it's I think Rach're probably gonna get a
little bit better. Everything's been closed. The bond market after
(12:03):
you know, the price scene of the last FED meeting
was already in place. You know, they thought was going
to happen. News had come out they were going to
do a quarter, possibly a half, and then it did,
and the bond market reflected up long before it happened,
and rates ain't change any bond market's actually gotten a
little bit better even though the government's been closed down.
Speaker 2 (12:20):
So you know, don't don't worry about all that.
Speaker 1 (12:24):
So just to enjoy, you know, saving some money if
you can let us, we can have you a couple
of months without a payment. You're headed into Christmas, you
got that coming, got taxes due, There's any number of
things and any good reason to consider married the home
date to loan, we got takeing a break. You're list
of the Welcome Home Show by Guardian Savings Bank, open
to day from nine to one.
Speaker 2 (12:44):
Phone numbers eighty five nine eight nine nine one nine.
Speaker 1 (12:46):
Three six southand drives eighty five nine two six three
three three three five. So if you can hear, you
can call us. You're listen Welcome Home Show by Guardian
Saventy Bank on News Radio six thirty l We'll be
right back. You're a back listen up from Home show
about Guardian Savings Bank. Tim Adams, Larry Frit's in here
this Saturday morning We're glad to have you tuned into
US bank is opening day from nine to one for
(13:09):
number eighty.
Speaker 2 (13:09):
Five nine eight nine nine one, nine three six. That's
your winning numbers.
Speaker 1 (13:15):
Actually, if you really want to save some money now,
if you want to go to the track, I mean,
Pinky might have a better something by the time this
shows over. But I don't have any idea I'll eat
him out my winning numbers. Larry, that de loots the
pool of money I wouldn't get. I know you've been
knocking down some exactis and knocking down some winners over here.
Speaker 2 (13:31):
What you want on one the other day?
Speaker 1 (13:32):
Called English chunnel, didn't you English un English chunnels?
Speaker 2 (13:36):
Old Pinky.
Speaker 1 (13:37):
He'd been around the track, folks, So been around the
block too, ain't you? Since I was nineteen years old
when I was enlightened by horse racing, Yeah, and uh,
I kind of got the fever of it.
Speaker 2 (13:49):
That's back when the track first opened.
Speaker 1 (13:50):
W just fell in love with it and the whole
whole thing of it and ended up meeting people in
the business.
Speaker 2 (14:02):
And he used to go to sales all the time.
Speaker 1 (14:04):
And that was a really exciting time back when I
was in college and after that you can see the
big multi million dollar babies come to the ring and
you get those bidding wars on the floor and it
was it was, you know, really really exciting, big money.
Speaker 2 (14:22):
We never owned any horses, want anything, have we?
Speaker 1 (14:25):
I'm sitting right here looking at a delta downs Honeycombe Alley,
New Orleans, November twenty second, twenty fourteen, being on you know,
nine years ago, Tim, we had a steaks winner with
Rob Brewster and Dreammaker Racing and we met him at
the bank and he needed a few people to fill
syndicate and bought a how bought a horse he was
refinancing so own from Keenland. Yeah, and we bought a
(14:47):
horse after at the Keenland sales. Honeycombe Alley was what
we wound up naming her. She was eleven for eleven
in the money, won a stakes race, rental third and
the state trace.
Speaker 2 (14:56):
Beautiful horse.
Speaker 1 (14:57):
Worst thing that ever happened to us because we owned
Mini after some of us winters and some of us losing.
Speaker 2 (15:03):
But it's addictive. We did really, really well.
Speaker 1 (15:06):
You know, we had some bad unfortunate luck, but overall for.
Speaker 2 (15:13):
What it was work and that was just we weren't
really in it for the money.
Speaker 1 (15:17):
If you think about it, you have to have deep
pockets to make money in this business. And but I've
got the Crystal Boss to reflect back home.
Speaker 2 (15:25):
I'm looking at it right here. I mean it's a
you know, it's a good time.
Speaker 1 (15:29):
And the Austall was our trainer and she ran my
primarily dead and in uh we want to see out
Churchill Down.
Speaker 2 (15:35):
Yeah, that was this work for me. We saddled a
horse at Keeenland.
Speaker 1 (15:38):
We didn't win the race, but we at least were
when I look up and saddling in the saddling ring
and there's d Wayne Lucas, Uh, you know, kind of
a kind of a great feeling. And sure we've been
in Churchill, Indiana Downs. And as she could say, it
was a bucket this day Purfway Park. We went up
to Turfway Park and they toured us around and champagned.
Speaker 2 (15:58):
Us and yeah, that was the.
Speaker 1 (16:00):
Funne We've been fortunate to, you know, be able to
do some of the things we haven't. It's really because
of the people we met in the business relationships we've
developed through Guardian Savings Bank.
Speaker 2 (16:07):
And when I tell you that you're part of the family,
you're part of the family.
Speaker 1 (16:10):
And it wasn't like we had millions of dollars in
these dog on horses. I think we put twenty five
hundred dollars each in or something, wasn't it, yeah, or
something like that. Yeah, I mean it was cash calls
on yeah, well on some of them, but you know
it was somebody's got to feed them, you know. Yeah,
but uh, we had we had a good time and
Keeland's Fund and all that stuff. But back to the
you know, the task at hand, as Tim would say,
(16:31):
you're gonna marry the home date the loan.
Speaker 2 (16:32):
You know, we got six and three eighths on a
thirty year fixed, six and three eighths.
Speaker 1 (16:35):
On a Jumbo six and and eighth on FHA v
A and USDA, and we've got our community home buy
our program right now three percent down. It's a pretty
appealing rate as well. So if you're a realtor and
you have somebody, we've got some downpayment assistance money that's available.
We've got a few different options on that. But if
it's something that you're you know, uh interested in, I
think now is the time to try to get off
(16:56):
the snide and get something bought. They're not making any
more land user continue to increase. You know, I talked
about it all the time where I've had people say,
you know, I'm waiting for the rate to come down
to five percent before I buy something.
Speaker 2 (17:08):
You know so well that two hundred.
Speaker 1 (17:09):
And fifty thousd doar house you're looking at. By the
time that comes down to five percent, it's gonna be
two seventy two. So there's a place where the rubber
meets the road and you just really obtain ownership. Like
I say, you can have the home for six months,
eight months, fifteen months.
Speaker 2 (17:23):
It doesn't mean you can refinance it anytime. I'm married.
The home date to loan.
Speaker 1 (17:26):
And if you bought something over the last couple of
years and you're hiring a six and a half percent
interest rate, I ain't gonna say anything bad about you,
but you're foolish if you don't call. It's eight five
nine eight nine nine one nine three six. Hey, you
said I was foolish if I didn't call you. Here's
what my rate is, here's what my balance is. Tell
me what it's gonna cost me, how much you're gonna
save me, and say you've been in that house for
(17:46):
two years. I can push you on a twenty eight
year mortgage. I don't have to put you on a thirty.
I don't have to start you over. You think you're
gonna live in that house forever. You don't think you're
gonna stay there forever. Start back over on thirty, take
the rate reduction, two months with out of payment, put
some money in your pocket and guess what tim ever
by saving money yep. And you're part of the family,
so you know it's it could be time to you
(18:09):
don't make something happen if you're interested, but you know it's.
Speaker 2 (18:12):
A good, good deal.
Speaker 1 (18:13):
We we service our conventional loans, some of them we
don't close. The costs are different on the FAHA ba USDA,
and we do have checking and savings and CDs and
stuff at the bank.
Speaker 2 (18:22):
Now, I can't do you a.
Speaker 1 (18:23):
Car loan, note loan or boat loan. That's not our forte.
We don't do those. But we just do mortgages only.
We do really, really good at them. Hey, we're going
to take another break. You are listening to Welcome Home
Show by Guardian Savings Bank open to day from nine
to one on numbers eight, five, nine, eight, nine, nine, one,
nine three six. If you can hear so you can
call us. It could be your winning numbers.
Speaker 2 (18:41):
Today.
Speaker 1 (18:43):
You're listen to Welcome Home Show by Guardian Savings Bank
on news Radio six thirty. W Lad, we'll be ready.
You're back listening to Welcome Home Show by Guardian Savings Bank.
Then Madam Glarry Frak's in here with you this Saturday morning.
We hope you're in town having some fun at Keenlan.
Hope you're going to get out and see big blue madness.
This sevening I believe that's about six o'clock down here.
Is it still a ripperen? They can call it something
(19:03):
different now, don't anyway. Banks open today from nine to one.
Phone numbers eight five, nine, eight nine, nine one nine
three six South and drives eight five nine two six
three three three three five. And just want to point
out again we got checking and savings and CDs. I
mean we are a real bank. I mean this is
in our long cellphone on the mortgage side of it.
And as we said earlier, can't do a boat loan,
(19:25):
note loan or anything like that. We do mortgages only,
and we're we're glad to do them. And we build a.
We've built a great tradition and a great business here
in Lexington. Tim with the business that we've done, we've
been on this radio show about eighteen years. I reckon
and trying to educate people and let them know what's
going on and marry the home and date the loan.
That's the topic for today. Phone numbers eight five nine,
(19:47):
eight nine nine one nine three six. If you know
somebody or you yourself are on a rate of over
six and a half percent, you need to give us
a buzz. Our closing costs generally about nine hundred and
forty eight bucks. If you got right equity in credit score,
that's where you're going to be. If we have to
have a delivery feet so abe it. We'll figure out
when it's going to take you a break even on
your on your closing costs. But generally it's within about
(20:08):
a month or so. So people over and over and over,
and I hear it all the time. One percent rate drop,
one percent rate drop for our refinance, Go on and
fool yourself. I don't do numbers for a living, so
don't call me. Well, in a real world, that's probably true,
because if you're gonna pay you know, thousands of dollars
and you're going or you're are they're going to soak up.
Speaker 2 (20:30):
Thousands of your dollars of your equity.
Speaker 1 (20:33):
Position to cover the costs. Uh, that may not be
a good deal. I'm not saying it's not, but I'm
saying get three quotes like we suggest.
Speaker 2 (20:43):
That you knew, but you know I was.
Speaker 1 (20:46):
I was out of visiting over my daughters the other
day and then stopped by her house and she had
some coupons saved up, some from Kroger and some for
getting a little change and whatever else. And you think
about it, how many people do you think today listen
to this show are looking through the mailboxers type of
solicitation at q pons or a discount somewhere. Tim, probably
eighty eighty five percent of them, I don't know, it's
say fifty percent of them. And we're sitting here telling
(21:09):
them word for word, and they can come see me.
Speaker 2 (21:11):
You look us right now.
Speaker 1 (21:12):
We're gonna tell them the same thing, you can refinance
your house that if everything's right, And probably eighty five
percent of the time it's nine hundred and forty eight
bucks a guarding but Thurst time going, it's not, but
you know you think about saving money here, save money.
Speaker 2 (21:26):
The biggest payment you have is probably your mortgage. Get
it out.
Speaker 1 (21:29):
Give us a call, say Larry, how much can you
save me? And if it don't make sense, we won't
do it. And if I can save you some money,
and I can structure this loan where you don't have
a payment for a couple of months and start saving
you four or five hundred dollars a month, get you
a six thousand dollars income swing or at least cash
flow swing. Call me eight five nine, eight nine nine,
(21:50):
one nine three six, because it's you're not gonna lose.
But you know, I'm just thinking about the other day
and I was happy that that the girls are, you know,
good about saving money and looking for bargains. And how
many how many people you think they're listening to this
show that's got some type of application on their phone
that's not going to save them money on a hotel
room or tell them where the cheapest gas is or
(22:11):
an airplane or a cruise.
Speaker 2 (22:15):
You know, they worried about saving money. They're in the
biggest investment they got is their house. Call us. You
don't need you don't need AI you don't need AI.
You got me in.
Speaker 1 (22:24):
Tim, that's t I in LA. But you know, so
it's just just think about it, you know. I mean,
we're just trying to we're trying to strike a chord
with you. We're trying to point out a few things
as amateurs here on the radio show, but you got them,
and we're telling you how it is. Eight five nine
eight nine nine nine three six and just let us
take a look. If it makes sense, we'll do it.
Speaker 2 (22:45):
If not, hey, I understand.
Speaker 1 (22:46):
But if you don't ask, you don't know, and we
will put it together and make it right.
Speaker 2 (22:50):
So you know, keep it in mind. Six and three
eighths on A, thirty six.
Speaker 1 (22:54):
And and eighth on B A, f h A, and USDA
Community home Buyers is as cheap as well, three percent
down and we've got down payment assistance on some of
these things. So got some good first time home buyer programs.
Speaker 2 (23:06):
But if you don't ask, you don't get eight five nine,
eight nine nine one nine Tree sick.
Speaker 1 (23:10):
We'll be here, we'll help you, we'll put it together,
we'll make stuff happen. But if you don't call, and
you don't ask, you don't get. It's your pine, the
s guy, Yep, your pine, the sky marry, the home date,
the loan. So, and I do think Rates will get
a little bit better, but I don't think you need
to hang your hat on it. We thought that was
gonna happen when the Fed struck, but they already had
a price then and nothing's gone on.
Speaker 2 (23:32):
So I will him.
Speaker 1 (23:33):
I think you and I have this conversation on a
regular basis, and we're just guessing.
Speaker 2 (23:37):
We don't have a clue.
Speaker 1 (23:38):
If we were really that good, we wouldn't be doing
what we're doing. But I think Rates probably ought to
sell it in the in the fives. So you might
refinance again with us, But for nine hundred and forty
eight bucks. You could do it a couple of times,
and most of the time you're gonna get your money
back and break even on the first month's payment.
Speaker 2 (23:55):
You're gonna skip a month or two's payment. Yep. Close.
Speaker 1 (23:58):
You know a lot of people are huge by that.
But you defer out the first one month after closing.
So if you close on let's say you've got a
longing process right now, you can't close, So let's see
you close on November fifth. You want to prepay the
interest for the many days in November. No payment for December,
first payment January first. What better gift to yourself for
Christmas than a refinance? Absolutely save yourself. Somebody in the
(24:21):
long run have a couple of months without a payment.
I'm happy, and you're happy. Christmas gives for the whole handly. Yeah,
And it's just you know, that's that time. You know,
tax bills are after a lot of stuff going on,
and you know we're here to help eight five nine
eight nine nine nine six. You're not going to find
a better deal. And just like Tien mentioned earlier, we
(24:42):
like to recommend that you get two or three quotes.
I ain't scared. I've had people come back and you know,
come to meet and I'm given the second quote, and
they've got something on paper, and I give them mine
and they take it back to that first guy and
he starts rearranging his numbers to match us. In my
first quest uestion is, well, why didn't he offer to
you to begin with? Because you're going to get our
(25:02):
best and final right off the top. It is what
it is, and we'll give it to you and if
somebody out there can beat it, yep. God bless them,
because they're gonna do it for free or they're gonna
lose money on it most of the time, not all
the time. But we do what we do, and we
do it very very well, and I think you'll be
happy with the way Guardian does it and how we operate,
how we handle your loans, and that's just one of
(25:25):
the things that we pride ourselves on.
Speaker 2 (25:26):
While we've been doing this radio show for well almost
twenty years, I get according to the corporate office, I
just had my seventeenth anniversary.
Speaker 1 (25:35):
With the back so well, okay, so then we've been
doing the show for seventeen, but it seems like eighteen.
We've had the same crew at Guardian pretty much this
whole time, and that says something, you know what I mean,
because a lot of changes have happened. We've made kid
my kid, you know. They you know, I'm doing loans now,
which I'm super super happy with. I've probably got four
or five loans right now for the kids of people
(25:59):
that I close loans for or you know, years ago,
and now their kids rolling up to buy homes and
they're like.
Speaker 2 (26:03):
Hey, called Guardian, you know, And now that I look
at Larry.
Speaker 1 (26:06):
You know, I wonder where the you know, I looked
at twenty twenty one numbers and I was just I
was like, wow, you know, my volume in twenty twenty
one was just but nobody's moving from those lines because there.
Speaker 2 (26:21):
I had a call this week.
Speaker 1 (26:23):
He did a fifteen year mortgage in twenty twenty one
two point seventy five percent, and he's knocking it out
of the park every month automatically. Now he's you know,
but he's been, he's been, you know, he's been accelerating.
And that's what we teach and preach and a lot
of letters will do that.
Speaker 2 (26:41):
Well.
Speaker 1 (26:42):
The other thing at Guardian is we've got our you know,
if you bring ten thousand dollars or more end and
we can do a recast. And I've had several people
take advantage of that over the years. They get an inheritance,
they sell a property, get an insurance settlement and they
come in and they've got three and three eights on
a thirty or three eight seventy five or whatever, and
they have to refinance.
Speaker 2 (27:00):
They come and bring ten. You're in.
Speaker 1 (27:02):
We'll reamateurize that payment with a ten thousand dollars principal
bounce reduction and they can kick that three point eight
seventy five or that's two in three quarters what you're
talking about.
Speaker 2 (27:11):
But it will change the payment in their faith. Absolute.
Speaker 1 (27:13):
Not only will the payment go now, the performance goes
up as well. Absolutely, And people it's a win win.
You're not going to find any other lenders out here.
And I've had people come back to me go, well,
I went over here to so and so and they
told me they could do that. But if I want
to pay down, I've got a refinance saloon. Uh huh,
you know, I mean so it's you know, like I said,
we wouldn't be doing this show as long as we
(27:35):
have and been as successful at as we have been
in the bank, wouldn't be in the position it is
with the success with if we weren't telling the truth.
And there's probably a wor up in thirty five a
Betty Bow. Thousand people listen to this thing right now
as they're headed to town for Big Blue Madness, Kingland
or whatever. And my name is Larry and I'm doing
this show with Tim and you can call us at
eight five nine, eight nine nine one nine three six
(27:55):
and let us see if we can save you the money.
If you're in town business, still give us a call.
We'd we'll hook you up and get you taken care of.
And nine hundred truth about the truth, Yeah, nine hundred
and forty eight dollars a standard closing costs for it.
They were two fifty for a long time. Then you
know what the cost of changes and credit bureaus and
the credit buillles have gone up more than anything than
I can recognize. But praise RULs are about the same.
(28:17):
But nine hundred and forty eight bucks. We get a
two hundred and fifty dollars application fee, and that's included
in the two forty and that nine or the ninety
nine forty eight includes appraise, appraiser, title work, loan closing,
credit report, doc preparation, everything we need to put your
loan together. It does not include a finally feed for
the county that you live in. It doesn't include setting
up s growth for your taxes and insurance. But if
(28:39):
you can find a better deal than that, just let
me know where it's at, because I'm at the wrong spot.
I just don't think you can and that you and
most likely you won't. But that's why we say go
get your three quotes, we ain't scared. And if you
come and get ours first and go to two other
places and shoot, he said, I've got a quote from
Guarded and they said, well thank you.
Speaker 2 (28:57):
You know, if they give you the first one, you
come us.
Speaker 1 (29:00):
And we give it to you, you take it back
syf to negotiate with it and you'll see what what
you know where the money's made, So you know, it's
it's a competition's good. Everybody has their own philosophy on
making money. And you know we like to do good
loans and we service them and then service and that's
how we make our money.
Speaker 2 (29:17):
You pay Guardian.
Speaker 1 (29:18):
We about three and a half bad in servicing, so
you know that's that's how we get our payback. The
payback is truly in the payback. And once you get
in the family, were gonna take care of you. If
something happens and we need to you need us, We're
gonna try to do whatever legally we can. You'd be
hard pressed for the last eighteen years we've been doing
(29:39):
this show or have a long to find somebody that's
too upset with Guardian and the way they were handled service,
or that they were misled in any way, shape or form.
Speaker 2 (29:47):
It just doesn't happen.
Speaker 1 (29:48):
So fall us here at the local level eight five
nine six and and let us help you. You've got
stuff there at uh. You know, there's online services that
you you could do, but we like to deal with
you here on the local level. You get the same
deal wherever you go, but we want we want to
do it. We want to meet you, and we want
to see who we're dealing with, and we can meet
you face to face and take care of it. So
(30:11):
keep that in mind. Married the home date, the loan,
you know, rates are in good shape. The other thing
we've been talking about here recently, I want to point
it out again, is about talk to a guy today
who's you know, saying next several years he's going to retire.
I said, Jeremy, we need to look at everything on
your you know, payment structure.
Speaker 2 (30:29):
Here.
Speaker 1 (30:29):
You got a financial advisor, meet with them first, but
let's evaluate what you're paying, what your equity situation is,
because once you retire and you start getting that fixed income,
no overtime, no bonuses or anything, and things get tight
because you're on a fifteen year and you got a
high payment. You couldn't change your lifestyle.
Speaker 2 (30:47):
A little bit.
Speaker 1 (30:48):
But if you structure it before your retirement and get
set up, we can still show you how to pay
it off in fifty in whatever time you want to.
But I like to make the payment commitment as little
as a burden as possible. Tim, you know what I'm saying,
And we can't precate enough, but we we try to lay.
Speaker 2 (31:07):
In there with it.
Speaker 1 (31:08):
So we we're going to take another break. We hope
you're enjoying your day here in Lexington. You got Keenlan
going on, you got big blue manness has even in
a rough aree at six o'clock gonna be a lot
of traffic, a lot of stuff going on.
Speaker 2 (31:19):
To be safe. Banks open to day from nine to one.
Speaker 1 (31:22):
Farnumer is eight five nine eight nine nine one nine
three six South and Drives eighty five nine two six
three three three three five.
Speaker 2 (31:28):
So if you can hear us, you can.
Speaker 1 (31:30):
Call us your listen a Welcome Home Show by Guardian
Savage Bank on News.
Speaker 2 (31:33):
Radio six point thirty Home of the Lockcats. W l Ah,
We'll be right back.
Speaker 1 (31:41):
You're back listening to Welcome Home Show by Guardian Savage Bank,
Tim Adams Larry Frank's coming at you this Saturday morning.
We're glad to have you tuned into us. Welcome to Lexington.
If you've come into town for keenlan or big blue manness,
hopef you have a good day. Guardian Savage Bank been
around since eighteen and seventy five.
Speaker 2 (31:58):
One of the.
Speaker 1 (31:59):
Largest lens in the next thing we'd do want to
every three lens at Indiana, Ohio, Kentucky Pinky District.
Speaker 2 (32:05):
Bank's been opening Leston here for quite a while.
Speaker 1 (32:07):
Bank open a day from nine to one oh eight
five nine eight nine nine one nine three six Tied
mentioned it earlier. Marry your home, but date your loan.
We've got some good rates right now.
Speaker 2 (32:17):
Nine hundred and.
Speaker 1 (32:17):
Forty eight dollars in closing costs in most circumstances six
and three eighths on a thirty six and.
Speaker 2 (32:22):
And eighth on FHAVA.
Speaker 1 (32:23):
USDA got Jumbo loans at six and three eighths on
a thirty year fix and that ain't too bad either, Tim,
that's a that's a good rate.
Speaker 2 (32:30):
No.
Speaker 1 (32:31):
Traditionally jumbo's been price a differently than single family over
occupied for their listen Freddy Macmax. But yeah, we've been
preaching all day if you've got a rate over six
and a half percent, give us a call. Nine forty
eight dollars in closing costs. I mean you're gonna skip
a month's payment. You're gonna break even immediately on your
closing costs. In most circumstances, sometimes you can miss two
(32:51):
months and ten. You just pointed out that if they
time it right and we get something started now and
we don't close until, you know, sometime in November, they
won't have a payment through Christmas until.
Speaker 2 (32:59):
A fir the year they have some money for Christmas.
Speaker 1 (33:01):
Yes, we could potentially defer your payment to your current
lender and take the thirty day affirment on the new loan.
And so you're just going to pay the interests to
Guardian for November and you can put some jingle in
your pocket now. And the ninety eight clothing costs includes
your appraisal, your title work, your documents, your credit report,
all the things we need to put your loan together.
(33:23):
It doesn't include your filing fee, which is around eighty
eighty five dollars depend on which county you're in. And
then if you're going to set up scrows for taxes
and insurance, so other than that, it's covered in there.
But you know, just take a look at your interest rates.
You know, if you're in the market, let us get
your pre qualified. If you've been pre qualified and race
for a little bit higher, give us a call. Our
clothing cars aren't much difference if you're purchasing a refinancing.
(33:45):
But you know, let us put you some numbers together.
Your buying power may have went up if you got
pre qualified at six point seventy five and or six
and three eights. Now maybe you can afford a little
bit more. So, you know, just you have options. And
if you bought a home and you've only been in
at sixth on it's eight months or whatever, and you're
six and six seven five or seven percent or something, give.
Speaker 2 (34:04):
Us a call.
Speaker 1 (34:05):
We can refinancial at any time. Be local, by a
local and stay local. That's what you're getting with Guardian.
You know you're going to be able to call Tim
and say, hey, my homeowner's insurance went up.
Speaker 2 (34:13):
I want to make a change. What do I do? Tim?
What would you tell them?
Speaker 1 (34:16):
Another quote exactly, But the main thing is you're talking
to Tim. If you call and say, Larry Man, my
ass grows went up. I can't figure out what's going on. Well,
it wasn't your payment your taxes, as Judior justice, your
house value went up. That's where it comes from. That's
what you get when you're dealing with a local company.
And we have been here doing it for a long time,
and once you get in the family, we'll keep in
I mentioned earlier and show. One of the things I'm
(34:37):
proud about right now is the fact that I probably
I think I've got four or five loans going right
now for the children of people that I did loan for.
That tells a little bit about my age, but it
tells also a little bit about the confidence and the
trust we have in each other for them to send
them to me. And I'm super, super proud of that.
So you know, you get into the family, you're going
to be in it to win it with us. Appreciate you,
(34:58):
even give us considerations. Often drives eight five nine two
six three three three three fives. You're on that side
of town, call.
Speaker 2 (35:04):
Them over there.
Speaker 1 (35:04):
Got Jamie Mortimeron O'Brien, Alex mulaney, Jim mackenzie, and we
do checking in savings and CDs and all this stuff.
We are real bank but Tim, I couldn't lend you
money to buy that boat for that car.
Speaker 2 (35:15):
Or I could not even note long.
Speaker 1 (35:16):
We do mortgages only, but we do have CDs and
checking and you know, business accounts and all those things
there at the bank, so you know, keep that in mind.
Speaker 2 (35:25):
This shows an hour.
Speaker 1 (35:26):
Long selothon and the mortgage arena, and we like to
talk a little bit of economy, which the.
Speaker 2 (35:30):
Men talking about some horse racing.
Speaker 1 (35:32):
And you have been bragging on Tim's you know, horse
picking expertise, and he told you if you trade secrets
on his gambling prowess, Oh, I don't tell my secrets,
going all the money myself. Well, you appreciate your listening.
Speaker 2 (35:46):
Today.
Speaker 1 (35:46):
We get some good local people we like to cover,
and Keim and I are big music lovers and we
have a good time with it. So if you hear
somebody on here, find them on Spotify, YouTube or wherever
your music athletes are. Savannah Reeves and so you'll be
listening to today. She's got some music out that's new.
And next week maybe we'll feature Sarah Terry. She's been
(36:08):
recently on Fox and and you know has written some
very nice songs.
Speaker 2 (36:13):
You've probably got nine or ten albums out.
Speaker 1 (36:15):
It's a little little writer out of urban Kentucky, graduated
from Traansy, but Samannah Reeves graduated from over A, UK.
Got a great following and she's recently been featured in
a in a country girl magazine. She got some nice
tunes out. But we'll play her music today for you.
And maybe she's out around town playing somewhere, so catch
her and we'll go from there. But we like to
(36:36):
promote our local people more. It's all about, like I say,
be local by a local and stay local team Thanks
Open to day from nine to one man eight five
nine eight nine nine one nine pre six It says,
listen to radio, so I want to talk to Larry
or do you want to say Tim? So just uh,
you know you will We'll we'll get you hooked up
once again. Six and three eight's on a thirty year
(36:56):
fix and it could be better by monday. But if
you give us a call, we'll get you go. If
you need you approved, will help you with that, you know,
you know, debt consolidation to a cash out refinance will
do that. UFA us D A v A f h
A Jumbos at six and three eights. You know we've
got them. We've got them all we do. Nine owner occupied.
We could do just about anything to do with real estate,
(37:18):
but once again, no boat loans, note loans or anything
like that, so keep that in mind. Nine forty eight
generally is what our clothesing costs. Our close everything, praise
on everything does include the filing fear esturos. But if
you can hear, you can call us. We'll save you
some money. Your winning numbers today's eight five, nine, eight nine,
nine one nine three six. So if you're out the track,
(37:39):
good luck. If you're going to Big Blue Madness after
the track, be safe, be careful, enjoy that decided about
the season, and we hope that you enjoy this weather
and this weekend and appreciate you listening to the radio show.
Bank is open today from nine to one from numbers
eighty five, nine, eight, nine, nine one nine three six
for ten Adams, I'm Larry Fritz.
Speaker 2 (37:58):
We'll be back next Saturday.
Speaker 1 (37:59):
You've been listening off the Home Show by Guardian Savings
Bank on news radio.
Speaker 2 (38:03):
You look at the W L A. P. Nick the
lap be back next week. You
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