Mortgage Secrets With John Downs

Get the right mortgage so you can build wealth and financial security, whether you’re buying your first home or are an experienced investor. Unlock the secrets and tips you must know to get the best rate and the perfect loan from mortgage expert John Downs from Vellum Mortgage.

Risk Management in Writing Real Estate Contracts 09/20/2023

Risk Management in Writing Real Estate Contracts In highly competitive real estate markets, it's not uncommon to hear Realtors advocating for a strategy that involves offering the highest price, waiving contingencies, and closing the deal faster than other buyers. But is this approach suitable for everyone, or even advisable? In this episode, we'll uncover the strategies and techniques you can employ to effectively manage your personal risk when considering the option of waiving contingencies or shortening timelines. /episode/index/show/mortgagesecrets/id/28097705

Winning a Bidding War 09/11/2019

Winning a Bidding War Many areas around the country are experiencing an inventory crisis where there are simply not as many houses for sale as there are buyers. As a result, it is not uncommon to see 5-10 people bidding on the same house. In this episode of Mortgage Secrets, John will give you a unique perspective on what it takes to write a winning contract. You’ll realize, it can be about much more than the price! /episode/index/show/mortgagesecrets/id/11215964

All About Closing Costs 12/05/2017

All About Closing Costs In this episode of Mortgage Secrets, John talks all about closing costs. What are they? What kinds are there? How much does it vary? John breaks down the different fees associated with closing, and he explains why your estimate might change if your loan officer isn’t paying attention to the details. This episode covers what you need to know before you make a final decision on a lender, so you don’t end up surprised! /episode/index/show/mortgagesecrets/id/5751590

All About Mortgage Rates 11/28/2017

All About Mortgage Rates Mortgage rates can be pretty confusing, particularly if you’re a first-time home buyer overwhelmed with “lowest rates available.” Many lenders use misleading marketing tactics! Do you wonder how loan officers even come up with those numbers that make up your mortgage quote? In this episode John breaks down what all goes into a mortgage loan rate, why the best available rate on a given day may not be as significant as you think, and how choosing the best loan product comes down to what your life goals /episode/index/show/mortgagesecrets/id/5751585

How To Shop For A Mortgage 11/21/2017

How To Shop For A Mortgage Signing up for a mortgage is a hefty commitment that goes beyond a monthly payment. You’ll be starting a long-term relationship with a loan officer, so you’ll want to make sure you pick the right one. This episode dives into what makes a loan officer worthy of your business—and friendship. /episode/index/show/mortgagesecrets/id/5751396

Building Wealth Through Home Ownership 11/14/2017

Building Wealth Through Home Ownership What if we said that everything you’ve been told lately about how “buying a house is not an investment” wasn’t true? In this episode of Mortgage Secrets, John Downs of Downs Capital shares three real-life examples of ordinary people building wealth through real estate—and it all started with doing the numbers, taking a leap of faith, and buying that first property. /episode/index/show/mortgagesecrets/id/5808946

Choosing The Perfect Property 11/07/2017

Choosing The Perfect Property In this episode of Mortgage Secrets, John dives into the world of mortgages and picking the right property, explaining what most people don’t know about construction loans (and why you probably won’t get one without a plan) and how buying instead of renting can actually save you money. Regardless of what you end up choosing, remember: Buying a house is all about you and your long-term goals! /episode/index/show/mortgagesecrets/id/5808856

How Much To Put Down On A New Home 10/11/2017

How Much To Put Down On A New Home If you’re thinking about buying a house, this episode of Mortgage Secrets will clear up some of that confusion. “Limiting factors” may seem a daunting phrase, but the secret to finding what works for you is exploring where you are financially and what options you have available. Sharing his knowledge from 17 years of experience in the mortgage industry, John Downs of Downs Capital explains how you can figure out how much you should put down and where your money should come from. /episode/index/show/mortgagesecrets/id/5770756

What's In YOUR Payment? 10/10/2017

What's In YOUR Payment? We’ve all heard the word “mortgage,” but what’s really included in all of that? Why do homeowners find themselves surprised when their monthly bill ends up being way more than they bargained for? /episode/index/show/mortgagesecrets/id/5771165

Six Mortgage Myths 10/09/2017

Six Mortgage Myths If you’re thinking about buying a house, this episode of Mortgage Secrets will clear up some of that confusion. “Limiting factors” may seem a daunting phrase, but the secret to finding what works for you is exploring where you are financially and what options you have available. Sharing his knowledge from 17 years of experience in the mortgage industry, John Downs of Downs Capital explains how you can figure out how much you should put down and where your money should come from. /episode/index/show/mortgagesecrets/id/5669944

Mortgage Secrets With John Downs

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