Smart Mortgage Show with Bill Litton
If you have questions about the mortgage process of buying a home or the ins and outs of refinancing then this is the show for you. Join CrossCountry Mortgage Regional President Bill Litton as he breaks down key lending terms, answers listener questions, and provides you tons of tips and education about the mortgage world. You could save thousands of dollars on your next mortgage decision just by tapping into some of the great information on the Smart Mortgage Show. Schedule a time to meet with Bill and learn more and don't hesitate to reach out with any questions. 484-352-4151. NMLS3029 Equal Housing Opportunity.
info_outline
Is Downsizing in Retirement a Smart Move?
05/16/2024
Is Downsizing in Retirement a Smart Move?
As people approach retirement, one of the big decisions that couples will discuss is whether to downsize and move into a smaller home. Is it a financially savvy move? Does it simplify life? Or does it merely trade one set of complications for another? In this episode, Bill will share his experience from the mortgage lending side and help identify some of the factors that go into making a decision on where to live. From financial considerations to the emotional aspects of leaving a family home, they cover the full spectrum of what downsizing entails. Whether you're flush with cash or on a fixed income, this episode provides valuable insights into mortgage planning and the timing of your move. Here’s some of what we discuss in this episode: 0:00 – Intro 4:46 – Timing and options for downsizing CONTACT: Schedule a time to meet with Bill here: Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: Call: 484-352-4151. Check us out on YouTube:
/episode/index/show/smartmortgage/id/31214537
info_outline
With rates up, should you pay off your house quickly?
05/09/2024
With rates up, should you pay off your house quickly?
Now that interest rates are up in the seven percent range and people are paying a higher rate for their mortgage, should you still be thinking about paying your mortgage as quickly as possible or continue making your scheduled payments over time? In this video, we’ll share our perspective as a mortgage lender and a company that works with people to help them reach their financial goals. Join us as we dissect the complexities of mortgage management in an era of fluctuating interest rates. We’ll explore the value of paying off your mortgage sooner versus investing in the market, the role of 401(k)s, and the nuances of 15-year vs. 30-year mortgages. Whether you're a new homeowner or nearing retirement, this episode offers valuable perspectives on making the most of your money.
/episode/index/show/smartmortgage/id/31075658
info_outline
What Changes are Coming from the National Association of Realtors Lawsuit?
05/02/2024
What Changes are Coming from the National Association of Realtors Lawsuit?
The real estate market is on the verge of a major shift, and it's not just the fluctuating interest rates or the ebb and flow of the housing inventory. A lawsuit against the National Association of Realtors (NAR) is making waves, and the ripple effect could alter the landscape for buyers, sellers, and agents alike. While there’s no final decision from the Department of Justice, real estate professionals are anticipating certain changes potentially coming this summer. Here’s some of what we discuss in this episode: 0:00 – Intro 1:13 – What we’re anticipating 3:21 – Agent fees 4:21 – Will it change things? 9:00 – Lending options 11:31 – The impact CONTACT: Schedule a time to meet with Bill here: Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: Call: 484-352-4151. Check us out on YouTube:
/episode/index/show/smartmortgage/id/31072478
info_outline
How Can I Make My Home Offer Stand Out?
04/25/2024
How Can I Make My Home Offer Stand Out?
Finding a home that checks all the boxes is an awesome feeling, but you can’t celebrate until you’ve had your offer accepted. In a market where competition can get pretty heated, the difference in winning and losing is usually a slim margin so putting together the best possible offer is critical. It starts with having an experienced team on your side that know what little things work to strengthen an offer. In this video, Bill Litton of Cross Country Mortgage will share a few of the strategies his team considers when helping borrowers secure their homes. These steps can go a long way towards giving the seller the confidence to choose you and there are a multitude of ways we can do this. CONTACT: Schedule a time to meet with Bill here: Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: Call: 484-352-4151. Check us out on YouTube:
/episode/index/show/smartmortgage/id/30890758
info_outline
The Three Pillars of Mortgage Approval
04/18/2024
The Three Pillars of Mortgage Approval
What will a mortgage lender look for when determining whether you will be approved for a loan? The approval process involves three key pillars, which every buyer will need to be prepared for and we’ll break that all down in this episode. Here’s some of what we discuss in this episode: 0:00 – Intro 1:57 – Credit 5:19 – Income 6:58 – Assets CONTACT: Schedule a time to meet with Bill here: Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: Call: 484-352-4151.
/episode/index/show/smartmortgage/id/30679468
info_outline
Should you buy or rent? Here’s what the math says
04/11/2024
Should you buy or rent? Here’s what the math says
The debate over whether it’s better to buy or rent isn’t a new one, but it’s picked up in recent years as interest rates have risen and property values have soared. Which is the better option financially? The answer might lie in a number of considerations, but the math makes a very compelling argument in one direction. Here’s some of what we discuss in this episode: 0:00 – Intro 1:53 – Home values 3:46 – Building wealth through ownership 6:59 – Buying vs renting 11:07 – Cost of waiting CONTACT: Schedule a time to meet with Bill here: Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: Call: 484-352-4151. Check us out on YouTube:
/episode/index/show/smartmortgage/id/30679103
info_outline
Are we still in a seller’s market?
04/04/2024
Are we still in a seller’s market?
As we head into spring, history tells us that inventory will start to pick up again. But are we still in a seller’s market? Today is our market update for April and we’re focused in on interest rates, home prices, and inventory. We’ll share some data that shows the latest trends in values across the country and give you another visual to capture the increase in inventory that we typically see following slower months in the winter. And we also have another chart that will show you how mortgage rates typically move with inflation, which could signify the potential for some good news in the near future. Here’s some of what we discuss in this episode: 0:00 – Intro 0:44 – State of the housing market 1:26 – Increase in home values 3:43 – Mortgage rates follow inflation 7:05 – Average days on market CONTACT: Schedule a time to meet with Bill here: Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: Call: 484-352-4151. Check us out on YouTube:
/episode/index/show/smartmortgage/id/30640508
info_outline
Rolling Renovation Costs Into Your Mortgage
03/21/2024
Rolling Renovation Costs Into Your Mortgage
With less inventory on the market right now, many people are having to make a few concessions on what they’re looking for and deciding to make a few renovations instead. So whether you want to add a patio, put in a pool, or remodel a kitchen, can you roll those renovation costs into your mortgage loan? Today, Bill Litton from Cross Country Mortgage will answer that question and tell you what you need to know if you’re considering making changes to your new home. It’s always best to understand your options and know which questions to ask your mortgage lender when you start looking. Here’s some of what we discuss in this episode: 0:00 – Intro 1:47 – The questions we have to answer 3:43 – Scenario we’re cautious of 4:30 – Appraisals 8:30 – How it impacts your rate CONTACT: Schedule a time to meet with Bill here: Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: Call: 484-352-4151. Check us out on YouTube:
/episode/index/show/smartmortgage/id/30418398
info_outline
Homebuying and Divorce
03/14/2024
Homebuying and Divorce
Going through a divorce is hard and having to sort out the home and the future only adds to the stress and uncertainty. If you keep the home, what happens to the mortgage and what changes? If you are the one needing a new place to live, how difficult is it to buy a new home and should you wait until the divorce is finalized? Bill Litton, Regional President at Cross Country Mortgage, has a divorce mortgage specialist designation and understands the needs people have when going through this emotional process. Here’s some of what we discuss in this episode: 0:00 – Intro 1:35 – Biggest issues 3:35 – If you’re retaining the house 5:27 – The mortgage process if you’re planning to buy 8:31 – Finalizing divorce CONTACT: Schedule a time to meet with Bill here: Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: Call: 484-352-4151. Check us out on YouTube:
/episode/index/show/smartmortgage/id/30307848
info_outline
March Market Update – Spring Inventory & Rate Movement
03/07/2024
March Market Update – Spring Inventory & Rate Movement
As March begins, mortgage rates have ticked back up and new inflation data is out. Bill will provide you with a market update as we get ready for spring to arrive and activity to ramp up. Is inventory still low? How competitive are the offers right now? We’ll bring you up to speed on that plus we’ll give you our opinion on a recent comment made by a financial CEO about mortgage rate expectations over the next few years. Here’s what we discuss in this video: 0:00 – Intro 1:24 – Inflation data 2:40 – BOA CEO comments 7:13 – Future of the market CONTACT: Schedule a time to meet with Bill here: Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: Call: 484-352-4151. Check us out on YouTube:
/episode/index/show/smartmortgage/id/30230888
info_outline
Buying a home? Think about these mortgage lending tax strategies
02/08/2024
Buying a home? Think about these mortgage lending tax strategies
Have you ever thought about how your tax planning might positively or negatively impact your next mortgage? You might be surprised to learn that aligning your tax prep with your mortgage process could benefit you in ways you didn’t think about. Since the beginning of the year means tax preparation is top of my mind, let’s talk about how Cross Country Mortgage works with our clients on tax strategies that could really improve their options when it’s time to close on a mortgage. Regardless of when you get your taxes organized, today’s show will give you some important things to think about before you buy your next home. Here’s what we cover in this video: 0:00 – Intro 4:20 – Why tax planning matters 5:23 – Self-employment 7:03 – Flexibility in tax law 11:02 – Alternate lending options CONTACT: Schedule a time to meet with Bill here: Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: Call: 484-352-4151. Check us out on YouTube:
/episode/index/show/smartmortgage/id/29844613
info_outline
Mortgage Resolutions for 2024
01/04/2024
Mortgage Resolutions for 2024
If you are someone who likes to set resolutions for the new year, we have a few that you might want to consider as it relates to real estate and mortgages in 2024. We’ll talk savings, credit, and income goals you can set in the coming year to put yourself in a better position to secure your next home. Sometimes the hardest part is just taking that first step so we want to make sure you’re starting small as you get started in the new year. Make it a priority to improve in each of these areas and you’ll see the results impact you positively during the mortgage lending process. Here’s some of what we discuss in this episode: 0:00 – Intro 1:59 – Savings resolution 6:32 – Credit resolution 11:50 – Income resolution CONTACT: Schedule a time to meet with Bill here: Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: Call: 484-352-4151. Check us out on YouTube:
/episode/index/show/smartmortgage/id/29259428
info_outline
Building Wealth With Real Estate
12/07/2023
Building Wealth With Real Estate
You don’t have to own multiple properties to make real estate a key piece of your retirement nest egg. In fact, we always say that anyone who owns a home is a real estate investor, and that can put you in a great position many years down the road. Today we’re going to talk about building wealth through real estate and explain a mortgage can help you grow your nest egg significantly over 30 years. And by pairing that with a straightforward investment strategy, you might be able to accomplish more than you imagined. Here’s some of what we discuss in this episode: 0:00 – Intro 2:27 – A home is an investment 4:12 – Real estate value growth over time 7:56 – Why doesn’t everyone do this? 9:53 – $3 million nest egg achievable? 13:31 – Final thoughts CONTACT: Schedule a time to meet with Bill here: Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: Call: 484-352-4151. Check us out on YouTube:
/episode/index/show/smartmortgage/id/28973458
info_outline
Are We In a Housing Bubble?
11/02/2023
Are We In a Housing Bubble?
In this episode, we’re going to provide you with a market update and some historical data to explain why we don’t feel like there’s a housing bubble. We’ll also share with you reasons that it could actually be a good time to buy a home. If you’re worried about home prices and your market timing, this episode should help answer some of your questions. Here’s some of what we discuss in this episode: 0:00 – Intro 2:08 – Market Update + Historical Data 14:27 – Current Financing Trends 23:36 – Credit score question CONTACT: Schedule a time to meet with Bill here: Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: Call: 484-352-4151.
/episode/index/show/smartmortgage/id/28434665
info_outline
Problem Solving Your New Home Purchase
10/05/2023
Problem Solving Your New Home Purchase
This month’s full podcast will tackle the problems that typically pop up during the mortgage process along with the top mistakes that we usually see people make. We lead things off with an October mortgage update, which will talk about rates remaining higher than many economists predicted. Will they be coming down soon or should you anticipate fixed-rate mortgages staying in this range for another year or more? Plus, we’ll explain the cost of waiting and why you need to take that into account before waiting for rates to drop. Our main topic is all about problem-solving, which is an overlooked part of what we do as mortgage lenders. Cross Country Mortgage puts in a lot of time early in the process to help you navigate any potential issues, and we’ll share all that today. Finally, we’ll address a great question that came in to us recently about the top mistakes people make during the mortgage process so check it out to see what you need to avoid. Here’s some of what we’ll discuss in this episode: 0:00 – Intro 1:53 – October market update (rates & housing market) 10:37 – Problem-solving during the mortgage process 20:58 – Biggest mistakes in the mortgage process CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos and mortgage info. Call: 484-352-4151 Check us out on YouTube:
/episode/index/show/smartmortgage/id/28199162
info_outline
Having the Right Agent-Lender Team
09/07/2023
Having the Right Agent-Lender Team
Anyone in the market for a home wants to do everything they can to close the deal, especially in a market with low supply and competitive bidding. It’s common that not only will your real estate agent help with that, but they’ll do so in tandem with a mortgage lender. The main focus for today’s show is on that agent-lender relationship and what benefits a strong team can provide a homebuyer. Plus, there’s plenty to talk about as we head into the month of September in terms of interest rates and what the latest uptick means. And we’ll close out the show with a great question on new home construction and securing a mortgage for that versus an existing home. Here’s some of what we’ll discuss in this episode: 0:00 – Intro 1:49 – September market update 10:40 – Benefits of a good agent-lender team 22:37 – Mortgage Mailbag: New home construction loan vs existing home CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos and mortgage info. Call: 484-352-4151 Check us out on YouTube:
/episode/index/show/smartmortgage/id/27884073
info_outline
3 Underappreciated Benefits of a Mortgage Lender
08/03/2023
3 Underappreciated Benefits of a Mortgage Lender
In this episode, we’ll tell you about three core principles of our business at Cross Country Mortgage and why they’re often underappreciated. Plus, we’ll give you a market update for August as we continue to watch rates and the Fed’s actions. We’ll also tackle two great questions on the show today about using mortgage calculators and whether it’s a bad idea to have a co-borrower on your home purchase. Here’s some of what we’ll discuss in this episode: 0:00 – Intro 2:08 – Market update: Will rates begin to start coming down? 5:25 – 5.5% mortgage rates should be the inflection point for more market movement 9:35 – Our process is relationship-driven 12:37 – Why we make communication a priority 17:25 – How we work to educate everyone we work with 21:16 – Mortgage mailbag: What’s your favorite mortgage calculator? 23:54 – Mortgage mailbag: Should I use a co-borrower to purchase my home? CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos and mortgage info. Call: 484-352-4151 Check us out on YouTube:
/episode/index/show/smartmortgage/id/27582135
info_outline
Ask Your Mortgage Lender These Questions
07/06/2023
Ask Your Mortgage Lender These Questions
No matter how prepared you are going into an early meeting with your mortgage lender, there’s bound to be something you forget to ask. Everyone will have their own set of questions that pertain to their homebuying process, but there are a few that we encourage everyone to ask and get answered. Here’s some of what we’ll discuss in this episode: 0:00 – Intro 2:08 – Market update: inflation data & debt ceiling 6:46 – Main topic: Questions to ask your lender 8:10 – Question 1: If interest rates decrease, can you offer a lower rate after loan is locked in? 10:35 – Question 2: Will you be able to provide payment and cash to close numbers on homes we’re interested in? 12:18 – Question 3: Is the rate guaranteed? 16:21 – Mortgage mailbag: Does pre-approval hurt my credit? CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos and mortgage info. Call: 484-352-4151 Check us out on YouTube:
/episode/index/show/smartmortgage/id/27245982
info_outline
Questions Your Mortgage Lender Should Be Asking You
06/02/2023
Questions Your Mortgage Lender Should Be Asking You
While most lenders will provide you with everything you need, not everyone will ask the questions that will help you best determine what mortgage will fit you and your family best. In this episode, Bill is going to share a few of the questions that your lender should be asking you. If they aren’t or haven’t, it could raise a red flag and should require some additional conversation. We’ll also talk a little about the debt ceiling in our market update and how that’s impacting rates right now. Plus, we’ll tackle a question about whether a 20% down payment on a home is necessary for your next purchase. Here’s some of what we’ll discuss in this episode: 0:00 – Intro 1:24 – Market Update on the Debt Ceiling 6:24 – Questions your lender should be asking 18:02 – Mailbag: Is 20% down necessary? CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos and mortgage info. Call: 484-352-4151.
/episode/index/show/smartmortgage/id/27026391
info_outline
Ep 29: Busting 5 Mortgage Myths
04/20/2023
Ep 29: Busting 5 Mortgage Myths
There are a lot of myths out there in the mortgage world, and today we’re going to debunk the five most common ones. While some of this information might’ve been true at one point in time, it is important to stay updated on how this information has changed as you navigate the home-buying process. In today’s episode, Bill will touch on a few myths from his homebuyer guide and provide some bonus content as well. Here’s some of what we’ll discuss in this episode: Myth: I’ll never be able to overcome my bad credit score and buy a home. (7:13) Myth: Lenders will nickel and dime you with fees. (9:44) Myth: You’ll need to put 20% down on your home in cash to purchase it. (12:08) Myth: You want to avoid the adjustable mortgage rate bill. (15:57) Myth: First-time home buyer loans are always the most beneficial for first-time buyers. (18:43) CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos and info. Call: 484-352-4151.
/episode/index/show/smartmortgage/id/26577672
info_outline
Ep 28: 9 Tips for a Smooth Loan Closing
03/16/2023
Ep 28: 9 Tips for a Smooth Loan Closing
Everyone wants to have a smooth closing day without any hiccups, but a lot of what could go wrong is in your control. In this episode, we’re going to give you nine tips to ensure that you have a loan closing that goes as expected without any surprises. Before we do that, we want to address the big financial news in March, which was the Silicon Valley Bank and Signature Bank failure. Here’s some of what we’ll discuss on this episode: How the Silicon Valley Bank failure is impacting the mortgage industry. (0:33) Why you shouldn’t change jobs before closing. (8:34) Don’t dip into that money you have saved for a down payment. (12:16) Why you shouldn’t make any large deposits during this time. (14:30) Don’t increase the balances on your credit cards before closing. (17:08) CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos and info. Call: 484-352-4151.
/episode/index/show/smartmortgage/id/26242194
info_outline
Ep 27: Ready for Pre-Approval? Here’s What to Expect
02/16/2023
Ep 27: Ready for Pre-Approval? Here’s What to Expect
In this episode, Bill will take you through the process that we go through with clients at Cross Country Mortgage and explain the different types of approval that typically happens. Plus, he’ll provide a market update and share the economic data he’s paying closest attention to. Here’s some of what we’ll discuss on this episode: • A market update on rates and what data Bill is watching closest. (2:33) • Where does the pre-approval process begin? (6:00) • How we assist buyers in areas to improve their pre-approval application. (7:43) • Do multiple pre-approvals negatively impact you? (9:50) • The three levels of approval and what they mean to the home-buyer. (14:47) • Some Do’s and Don’ts for homebuying. (17:59) CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos and info. Call: 484-352-4151.
/episode/index/show/smartmortgage/id/25934370
info_outline
Ep 26: Building Wealth Through Homeownership
01/15/2023
Ep 26: Building Wealth Through Homeownership
Many people weigh the decision of whether they should buy a home or continue renting, but there are some great benefits to homeownership that will allow you to build wealth over time. In this episode of the Smart Mortgage Show, Bill will share some of the numbers that show how wealth can grow through ownership and we’ll spend time talking about the different mortgage options buyers typically choose from. If you’re considering buying a home in 2023, this episode will give you a jumpstart on the process. Here’s some of what we’ll discuss on this episode: How we help determine which mortgage loan is best for you. (2:01) What are VA and USDA loans and who benefits most? (4:30) Is the FHA loan only for first-time homebuyers? (7:29) When would you use a Jumbo loan? (8:44) You want a mortgage lender that understands all the options for you. (12:19) Why homeownership helps you build wealth compared to renting. (13:56) CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos and info. Call: 484-352-4151.
/episode/index/show/smartmortgage/id/25576314
info_outline
Ep 25: What to Expect from 2023
12/15/2022
Ep 25: What to Expect from 2023
2022 has been a volatile year. People did not expect rates to increase as much as they did, which has many wondering what 2023 has in store for us. In this episode, we will go over 2022 and how it affected the market. We will then look ahead into 2023 and contemplate what economists have been predicting will be in store for us. Listen to this week’s show to learn more about: Where we started in 2022 and how things have shifted over the last year. (4:37) What most economists are saying for 2023. (6:55) When refinancing might be beneficial. (10:57) CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos, and info. Call: 484-352-4151.
/episode/index/show/smartmortgage/id/25314846
info_outline
Ep 24: How 2-1 Buydowns Could Lower Your Interest Rates
11/10/2022
Ep 24: How 2-1 Buydowns Could Lower Your Interest Rates
With interest rates being the highest they have been in many years, Adjustable Rate Mortgages, or ARMs, are becoming more popular. There is a lot of stigma around ARMs due to the housing crash in 2008. In this episode, we are going to address some common concerns with ARMs and explain how they can be great resources for the right borrower. Listen to learn if an Adjustable Rate Mortgage could be right for you. Listen to this week’s show to learn more about: How the current 7% interest rate has increased the use of Adjustable Rate Mortgages. (2:19) How ARMs were a part of the problem in 2008. (4:30) What factors play into whether an ARM is recommended for a home buyer? (6:44) CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos, and info. Call: 484-352-4151.
/episode/index/show/smartmortgage/id/24969081
info_outline
Ep 23: The Rise of the Adjustable Rate Mortgage
10/20/2022
Ep 23: The Rise of the Adjustable Rate Mortgage
With interest rates being the highest they have been in many years, Adjustable Rate Mortgages, or ARMs, are becoming more popular. There is a lot of stigma around ARMs due to the housing crash in 2008. In this episode, we are going to address some common concerns with ARMs and explain how they can be great resources for the right borrower. Listen to learn if an Adjustable Rate Mortgage could be right for you. Listen to this week’s show to learn more about: How the current 7% interest rate has increased the use of Adjustable Rate Mortgages. (2:19) How ARMs were a part of the problem in 2008. (4:30) What factors play into whether an ARM is recommended for a home buyer? (6:44) CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos, and info. Call: 484-352-4151.
/episode/index/show/smartmortgage/id/24729510
info_outline
Ep 22: Should I Use Points to Save Money?
10/06/2022
Ep 22: Should I Use Points to Save Money?
Our current market has a lot of people seeking ways to save money. As the Feds work to bring inflation down, many are in anticipation of the interest rates eventually decreasing. Utilizing points has become increasingly more common and you may be wondering how effective they really are. In this episode, we will help you learn the fundamentals of points and what scenarios may (or may not) call for using them. Listen to this week’s show to learn more about: Is there a true reason for you to use points as a tool? (3:52) There are instances where using points doesn’t make sense. (6:03) There is no 'one size fits all' for when you’ll break even. (8:02) Points are significantly more common now than in typical markets. (9:06) CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos and info. Call: 484-352-4151.
/episode/index/show/smartmortgage/id/24519849
info_outline
Ep 21: What to Expect from the Homebuying Process
09/22/2022
Ep 21: What to Expect from the Homebuying Process
First-time homebuyers can easily get caught off guard by the homebuying process. It can be long, exhausting, and requires a lot of documentation. To get through the process from start to finish as smoothly as possible, it is important to know what to be prepared for, what to expect from a lender, and what kind of realtor you should connect with. In this episode, we cover all the basics to help you build a strong foundation going into the home-buying process. Listen to this week’s show to learn more about: Learn the questions you need to be able to answer and the paperwork you need to go through the pre-approval process. (2:47) Potential pitfalls that could cause issues getting you approved for a mortgage loan. (6:09) What you need to know about choosing a realtor to help you find the right home. (7:55) How we try to wrap up the process as smoothly as possible. (10:53) CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos and info. Call: 484-352-4151.
/episode/index/show/smartmortgage/id/24400971
info_outline
Ep 20: Is It Still a Good Time to Buy a Home?
09/08/2022
Ep 20: Is It Still a Good Time to Buy a Home?
With interest rates on the rise and home values still holding their values, we’ve been hearing the question a lot: “Is it still a good time to buy?” Let’s take a deeper look at this question and share some of the historical data to give you a better perspective of where we are. The real estate market is constantly changing, and it’s important to always be evaluating your options when it’s time to buy a home. Listen to this week’s show to learn more about: Why this is a great question to be asking right now. (2:25) Why it makes sense to buy now despite the rate increases. (5:01) The other benefits to buying over renting besides monthly payment. (9:51) Are home values out of reach right now? (12:10) CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos and info. Call: 484-352-4151.
/episode/index/show/smartmortgage/id/24304566
info_outline
Ep 19: Services for First-Time Homebuyer
08/18/2022
Ep 19: Services for First-Time Homebuyer
On this episode, Bill Litton will take you through the different services his team at CrossCountry Mortgage offer first-time homebuyers. About a third of the people we work with are doing this for the first time so we have a great idea of the needs you’ll be facing. Listen to this week’s show to learn more about: How we help educate homebuyers through every step of the process. (2:04) Our relationships with people in the community and how that local knowledge benefits someone during the mortgage process. (6:15) The specific tools that we provide someone to make the mortgage process easier and how we service them after closing. (8:03) The different loan products that we offer and how we determine what fits you best. (10:34) CONTACT: Schedule a time to meet with Bill . Visit the Smart Mortgage Show for more podcasts, videos and info. Call: 484-352-4151. Visit CrossCountry Mortgage on the .
/episode/index/show/smartmortgage/id/24062757