How do I find an agent?
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What do I look for in a realtor?
How do I find an agent?
If I don't like the realtor I chose, am I stuck with them?
What do I look for in a mortgage advisor?
With all the lenders out there, How do I know I'm getting a good rate?
How do I know how much house I can afford?
How does credit fit into the mortgage equation?
What are terms and closing costs?
What is the difference between pre-qualifying and pre-approval?
What do I look for in a realtor?
What types of mortgages are available?
How does your mortgage decision relate to product?
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Investment Management
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Jeff Thomas is a Mortgage Advisor and Financial Educator with Family Lender, Inc. located in Fairfax, Virginia. Jeff has seen the mortgage business change significantly in the 15 years he has been in the business. Changes such zero down loans, to relaxed underwriting guidelines to borrowing more than the house is actually worth on a purchase or refinance transaction.
With the changes in the mortgage industry, Jeff has had to make changes in the way he performs his job. Jeff originally thought he was a loan originator, but after realizing the positive impact he could have on other peoples lives he made some basic adjustments to his business and now sees his position and career as a financial educator.
By taking the time upfront to get to know the people he serves, Jeff has been able to positively impact and improve the lives of the people he works with by providing relevant and timely advice. . This assistance comes in many forms, from insurance to painting to helping interview the right retirement professional. This core group of professionals allows Jeff to concentrate on providing the right advice for each person he works with.
Jeff is one of 200 people in the country that is both a Certified Mortgage Planning Specialist – CMPS and a Certified Liability Advisor – CLA. Jeff recently co-authored a book with Todd Ballinger, called “Borrow Smart Retire Rich”. The principles addressed in the book will be covered throughout the video.
Jeff hopes you gain insight on how to purchase and finance a home and hopefully you will find your time well spent and walk away with some information you did not know before. Jeff Thomas, Where Advice Does Make A Difference!
How do I find an agent?
Mortgage Advisor Jeff Thomas discusses how to find an agent when purchasing a home.
Transcripts
Host: How do I find an agent? Jeff Thomas: How you find a realtor or an agent is pretty simple in my opinion. You are going to talk to your friend, you are going to talk to your neighbors, you are going to talk to your family. So you are going to find mostly -- you are going to find it through a referral base. A lot of agents are found when home buyers are searching for homes. They will go to an open house, they will strike up a conversion with an agent and they will have some sort of camaraderie. They will have a mutual feeling for each other and they will hire that agent to help them buy. But that being said, the most important part of that is when you are buying a house, you are not paying the realtor out of your fees. The fees for the realtor that helps you buy your property are paid from the seller's funds. Don't worry you get those fees paid when you sell your house but the fees to pay your realtor don't come out of your pocket. They come out of the seller's net funds. 1
How does credit fit into the mortgage equation?
What are the key obstacles associated with character as it relates to getting a mortgage?
How long does the mortgage process take?
What information will we need to provide when applying for a mortgage?
How does your mortgage decision relate to product?
How does your mortgage decision relate to payment?
How does your mortgage decision relate to availability?
How does your mortgage decision relate to amount?
How does your mortgage decision relate to management?
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