*ps I had to make a lot of edits, sorry if its choppier than usual!*
**pps I was squinting a lot because of my contacts. Sorry!**
Here is another interview with Kwasi Jenkins, who shares with us the loan definitions everyone needs to know, why they need to know it, and how knowing it will make getting their mortgages smoother. Terms this will help you understand are:
What are Conforming Vs Non-Conforming Loans?
What are Assets?
What are Liabilities?
What is a Letter of Explanation and how should I use it when obtaining a mortgage from the bank?
If you’re getting a divorce, how does that effect your loan application?
“As Is” Appraisal Vs. “Subject To” Appraisal
And many more!!
3 Comments
Thank you ! I watch all of your videos, podcasts. Also recently listened to
your interview with bigger pockets. I find you to be very honest and
informative in how to get involved in real estate without having huge
pockets to begin with. A perception that I now know is completely false
since I’ve started watching you. Its nice to see someone who looks like me
making moves in this tough industry that I wish to one day do.
Thanks again Lisa.
Tasha
Nice, and thank you Natasha! I just wanted to prove that this can be done, can be profitable, and shouldn’t be overlooked! Make sure you sign up for the newsletter, its how I keep in touch.
Very good info.
Thanks