MLO | Mortgage & Real Estate Podcast

Good - Bad - Ugly

What is a contingent offer?

What are my alternative options?

Milestones to be aware of that could save you thousands?

Bonus: 5 maintenance tips to save you money when you sell.

Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
Mortgage Loan Originator
NMLS 1548123
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

New American Funding NMLS #6606
© 2024 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

- Impacts of credit and how to manage

- Small steps toward better financial health

Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
Mortgage Loan Originator
NMLS 1548123
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

New American Funding NMLS #6606
© 2024 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

- Is the data completely manipulated?

- What to expect moving forward

- Wait or take action?

Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
Mortgage Loan Originator
NMLS 1548123
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

New American Funding NMLS #6606
© 2024 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

New Program allowing kids to buy homes for their parents!? 

Highest Credit Scores we have ever seen….but there’s bad news

New Options for Bridge Loans and Re-Casting of your mortgage to reduce payments

Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
Mortgage Loan Originator
NMLS 1548123
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

New American Funding NMLS #6606
© 2024 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

What to expect post FED's meeting

Most commonly asked questions this week:
- Renovation Loans
- Waiting or Buying Now
- Refinancing and Credit Card Debt
- Build Your Own Home???

Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
Mortgage Loan Originator
NMLS 1548123
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

New American Funding NMLS #6606
© 2024 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

When should we refinance?
What should we monitor when it comes to your debt and credit?
Positive Financial Mindset in 2024?
Small changes add up to big impacts.

Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
Mortgage Loan Originator
NMLS 1548123
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

New American Funding NMLS #6606
© 2024 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

1. Volatile Interest Rate Environment. Ups and downs, also an election 

2. Financial Awareness. Budgeting, credit scores, credit cards. Waiting to refinance.

3. Finances and Lifestyle. Do you need a second job or a second look at your spending

4. Should I wait or make the jump in 2024. Government loans, dependencies on seller credits for closing costs, zero down loans etc.

Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
Mortgage Loan Originator
NMLS 1548123
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

New American Funding NMLS #6606
© 2023 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

Special Guest: Craig Black

What is an appraisal?

Major differences in FHA/VA/Conventional appraisals

Subject to repairs, things sellers can to to prevent needing repairs

Comps: how far back and what qualifies as a comparable sale?

How many comps are required? Is this different for refi or purchase?

What is your prediction for the future of appraisals? Will automation play a role? Will human appraisers still be used?

Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
Mortgage Loan Originator
NMLS 1548123
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

New American Funding NMLS #6606
© 2023 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

Special Guest Tyler Ross

1.) Why do insurance costs continue to soar.

2.) How insurance can terminate transactions and prevent you from buying a home.

3.) Your personal insurance credit score?

4.) Is it better to get a deal or pay full premium. Tips and tricks from Tyler

Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
Mortgage Loan Originator
NMLS 1548123
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

New American Funding NMLS #6606
© 2023 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

Special Guest Jennifer Blankl

 1. How does money impact our emotions, mindset and relationships

 2. Different Perspectives and different Human Needs

 3. Resentment playing a role in how we spend our money

 4. Rich vs. Poor

 5. Culture in this Country & Family Dynamics 

Link for Jenn’s Human Needs Evaluation Quiz

https://jenniferblankl.com 


Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
Mortgage Loan Originator
NMLS 1548123
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

New American Funding NMLS #6606
© 2023 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

What is an overlay? Why do I get two different answers from two different companies?

Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
Mortgage Loan Originator
NMLS 1548123
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

Scott Kurahara
Mortgage Loan Originator
NMLS 888734
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/scottkurahara

New American Funding NMLS #6606
© 2023 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

The 2024 new conventional loan limits are now accessible in October of 2023. What you need to know from the fine print.

Jumbo vs Conventional Loan
Guidelines and qualifications. The breakdowns of buying a very expensive house and how to qualify for it.

Setting a budget to have the least amount of competition when buying a home.

Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
Mortgage Loan Originator
NMLS 1548123
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

New American Funding NMLS #6606
© 2023 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

Below are the main topics Carp and Addy cover in today’s POD.

Holiday Budgeting
Holidays are around the corner. Thoughts on budgeting and how to use your money to make you money.

Condos & HOAs
What to know about condos and how HOAs work. Seems bad but could be a good thing.

Bad Pre Approvals
Breaking down the most common issues with people not getting pre approved or having a bad approval prior to buying a house.

Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
Mortgage Loan Originator
NMLS 1548123
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

New American Funding NMLS #6606
© 2023 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

Student Loans, back to paying. How this impacts the pre approval process when buying a home

Home equity lines of credit vs. Home equity loans. 

You options to potentially consolidate your debt using your home equity. 

Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

New American Funding NMLS #6606
© 2023 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

Part 1. Large percent of Listings are due to employers demanding people to be back in the office. Remote work approvals and the details that must be verified.

Part 2. Real Estate Investors pull back. Can’t remember the last time I saw a successful flip.

Addison Nett

Mortgage Loan Originator

NMLS 1542184

New American Funding

Website/Contact

https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter

Mortgage Loan Originator

NMLS 1548123

New American Funding

Website/Contact

https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

New American Funding NMLS #6606

© 2023 New American Funding, LLC. All Rights Reserved

NMLS Website:

https://www.nmlsconsumeraccess.org/

Part 1. Differences in offer negotiating price and closing costs now compared to Hot markets.

Part 2. Inspection periods: finally, fix it or get paid

Part 3. Appraisals and the final re-negotiation

Part 4. New Construction: beware

Addy Nett
NMLS 1542184
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
NMLS 1548123
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

Part 1
What will happen when rates drop?

Part 2
Don’t wait for the interest rate you want

Part 3
Appraisal Issues in certain markets and a particular price point.

Addy Nett
NMLS 1542184
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
NMLS 1548123
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

Part 1
Homeowners are applying for equity lines of credit without success.

Part 2
There’s a difference between what your home is worth if you sell it and if you are attempting to extract equity.

Part 3
Credit card balance issues continue across America. What you need to know and how to manage your debt and position.

Part 4
The government revised their GDP numbers. Does this give us hope or evidence of corruption?

Addy Nett
NMLS 1542184
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
NMLS 1548123
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

Today, Casey and Addy chat through some of the current Media Negativity towards Real Estate and Interest Rates. This episode focuses on explaining the negative media and dumbing down the industry’s emotions into actionable tips you can use today.

Addy Nett
NMLS 1542184
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
NMLS 1548123
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

Casey and Addy chat through the dos, do nots, and best mindset when considering how to spend your money when it comes to home improvement projects.

Addy Nett
NMLS 1542184
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
NMLS 1548123
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter