Real Estate Investing for Latinas | Real Estate Jefas
Violeta Sandoval
7 episodes
3 days ago
Fannie Mae removed the minimum credit score of 620, required to qualify for a loan. Trump wants to give a 50 year mortgage option. We talk about if it is a good idea, and the impact it may have. Takeaways Most people may not prefer a 50-year mortgage.Longer mortgage terms could impact financial planning for homeowners.Potential risks of long-term mortgages need to be considered.Consumer education on mortgage options is essential.The future of home financing may include more flexible ter...
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Fannie Mae removed the minimum credit score of 620, required to qualify for a loan. Trump wants to give a 50 year mortgage option. We talk about if it is a good idea, and the impact it may have. Takeaways Most people may not prefer a 50-year mortgage.Longer mortgage terms could impact financial planning for homeowners.Potential risks of long-term mortgages need to be considered.Consumer education on mortgage options is essential.The future of home financing may include more flexible ter...
No More Minimum Credit Score? 50 Year Mortgage? EP7
Real Estate Investing for Latinas | Real Estate Jefas
17 minutes
3 days ago
No More Minimum Credit Score? 50 Year Mortgage? EP7
Fannie Mae removed the minimum credit score of 620, required to qualify for a loan. Trump wants to give a 50 year mortgage option. We talk about if it is a good idea, and the impact it may have. Takeaways Most people may not prefer a 50-year mortgage.Longer mortgage terms could impact financial planning for homeowners.Potential risks of long-term mortgages need to be considered.Consumer education on mortgage options is essential.The future of home financing may include more flexible ter...
Real Estate Investing for Latinas | Real Estate Jefas
Fannie Mae removed the minimum credit score of 620, required to qualify for a loan. Trump wants to give a 50 year mortgage option. We talk about if it is a good idea, and the impact it may have. Takeaways Most people may not prefer a 50-year mortgage.Longer mortgage terms could impact financial planning for homeowners.Potential risks of long-term mortgages need to be considered.Consumer education on mortgage options is essential.The future of home financing may include more flexible ter...
