INTERVIEW with Greg Mull - Home Loans, Mortgage Forbearance, and If We Are Headed for a Housing Crisis PODCAST EP. 16
Lets talk mortgage forbearance, home loans, a housing crisis, and interest rates, a few other questions I had for today's guest.
"Let’s talk mortgage forbearance, home loans, a housing crisis, and interest rates".
Being an active real estate agent, I know a thing or two about lending but when I have questions, I seek out my experts. For this video, I thought I would invite one of the best lenders I have ever met onto the video so I can ask the questions that are on my mind and probably yours as well.
It’s a longer video so I am going to give you the question topics below and time stamp them (these are from YouTube but the PODCAST times should be close) so you can skip around to the topics you are most interested in if that helps. If you have the time, I encourage you to listen to the video in its entirety to capture the spirit of the question and answer session.
1:52 What is mortgage forbearance and is it a good thing if you need it?
5:20 Are there any changes made to the process of being pre-qualified of pre-approved?
7:20 Are the down payments still typically 20% during COVID-19?
8:23 What do you see as the short/long term prognosis for the mortgage industry as a whole for the upcoming year?
12:00 Are there risks, if any, associated with getting a loan during this time?
14:55 What is your advice to buyers, maybe first time home buyers during this time?
17:40 We are hearing a lot of people say they want to wait until this is all over to purchase a home. What are your thoughts on this?
24:24 What do mortgage interest rates look like right now? It is critical to know this information, especially in a time when unfortunately negativity and catastrophes sell news stories, not necessarily the truth.
I thought this would be a great way to provide myself and provide to my subscribers a resource for 100% accurate information and facts directly from a mortgage industry expert.
Here is the contact information for Greg if you have any questions for him not covered on the video: Greg Mull | NMLS# 190259
Team Leader Senior Loan Officer
P: 877.237.9696
E: greg@themullteam.com
If you have any questions or comments, please by all means reach out.
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Wesley Guest
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