YouTube Archives - Lending A Hand

The Cost of FHA Monthly Mortgage Insurance (MIP)

Post published:21 April, 2021
Post category:Buy Buying & Selling FHA For Buyers Mortgage Insurance YouTube

When you get an FHA loan you are required to pay mortgage insurance. There is an up-front mortgage insurance premium (UFMIP) and a monthly mortgage insurance (MIP) too. Today, we're…

How much house can you afford? [Your Goldilocks Payment]

Post published:24 October, 2020
Post category:Buy Credit & Debts First Time Home Buyers For Buyers Home Buyers Rent vs. Buy YouTube

When it comes to figuring out how much house you can afford there are two considerations. First is how much the lender says you can afford but equally, if not…

Bad credit, but want to buy a home? [HOME LOAN RULES]

Post published:21 October, 2020
Post category:Buy Buying Myths Credit & Debts FHA For Buyers Home Buyers YouTube

Can you buy a home with bad credit? Well, it depends on what you consider to be "bad" but what I can tell you is that you don't need "great"…

Why I Like FHA Monthly Mortgage Insurance [FHA MIP EXPLAINED]

Post published:17 October, 2020
Post category:Credit & Debts FHA For Buyers Home Buyers YouTube

Mortgage insurance gets a bad rap, but I like it, especially FHA's monthly mortgage insurance. Not because it benefits me somehow but because it's good for my clients. I explain…

How to Qualify for a Mortgage Loan [5 Requirements]

Post published:14 October, 2020
Post category:Buy Down Payment & Closing Costs For Buyers Home Buyers Qualifying YouTube

Wondering how to qualify for a home loan? There are 5 main requirements when it comes to getting a mortgage pre-approval and that's the topic of this video. Getting a…

Buy a House the Dave Ramsey Way or Now? [15 year comparison]

Post published:10 October, 2020
Post category:Buy Conventional FHA For Buyers Home Buyers Rent vs. Buy YouTube

Dave Ramsey suggests you continue to rent instead of buying a house until you are "ready" according to Dave's "perfect" plan. Even though I am a fan of Dave Ramsey's…

Should You Escrow? It Depends! [Escrow Accounts EXPLAINED]

Post published:7 October, 2020
Post category:Closing Costs Conventional For Buyers For Sellers Refi YouTube

Should you escrow your taxes and insurance as a part of your mortgage payment? It depends, and I’ll explain why in this video, Escrow Accounts Explained! When deciding whether to…

Do Not Buy a House If… [advice for home buyers]

Post published:3 October, 2020
Post category:Buy Buying Myths For Buyers Home Buyers YouTube

You may not expect a licensed Mortgage Advisor, like me, to tell you, "Do Not Buy a House!" but there are times when it simply doesn't make sense or is…

FHA Loan Requirements 2020…SIMPLIFIED! [Top 7 Rules You Need to Know]

Post published:29 September, 2020
Post category:FHA Qualifying YouTube

FHA is a great loan option to consider when purchasing a home so it is important to know what the FHA loan requirements are to see if it is the…

Mortgage Prepayment Strategy: Rounding Can Save You Thousands!

Post published:21 September, 2020
Post category:For Sellers Prepayment Strategies YouTube

How would you like to pay off your mortgage early and save thousands in mortgage interest and mortgage insurance in the process? I will share a simple strategy that you…