Finance with Fernando

In this episode, join host Fernando as he sits down with Elka Raved, a seasoned Real Estate Agent from Douglas Elliman, to explore the ins and outs of buying and selling in the prestigious Westchester County, New York.

Often hailed as the "Beverly Hills" of New York state, Westchester County is renowned for its luxurious properties and affluent communities. Fernando delves deep into the secrets of navigating this exclusive market with Elka, uncovering the strategies and tactics she employs to ensure her clients secure their dream homes or lucrative sales.

Whether you're a seasoned investor or a first-time homebuyer, this episode promises valuable insights and insider tips to help you make informed decisions in the dynamic world of real estate. Tune in to "Finance with Fernando" and unlock the keys to success in Westchester County's high-stakes property market.

Connect with Elka on IG @elka.raved or via website: https://elkaraved.elliman.com/

Join us as we chat with Matthew Valvano, a top-tier real estate agent known for his meticulous client vetting, tech-savvy approach, and mastery of daily planning.

Discover Matthew's expert strategies for vetting clients before showing homes, ensuring seamless transactions and satisfied clients every time.

Explore how technology has revolutionized Matthew's business, from virtual tours to data analytics, and learn how to leverage these tools for success in your own ventures.

Uncover Matthew's secrets to supercharging productivity through effective daily planning, with practical tips for setting goals, managing time, and staying focused.

Whether you're a real estate professional or aspiring entrepreneur, tune in for invaluable insights from Matthew Valvano on unlocking success in the industry.

In this episode, we're about to spill the beans on the best-kept secret in the mortgage industry: renovation loans. If you've ever dreamed of turning that fixer-upper into your dream home or wondered how to finance those much-needed upgrades, you're in for a treat.

Join me as I sit down with the expert himself, Barry Koven from CrossCountry Mortgage, LLC. Barry brings a wealth of knowledge and experience in renovation and construction financing, and he's here to share insider tips, strategies, and demystify the renovation loan process.

Discover how renovation loans can be a game-changer, allowing you to transform a property into your vision without breaking the bank. Whether you're a first-time homebuyer eyeing a home that needs a little TLC or a current homeowner looking to remodel, this episode is your guide to navigating the world of renovation financing.

Your dream home is just a podcast away! 🛠️🎙️

In this episode, I unpack the chatter surrounding the current real estate market, and everyone who is thinking they need to "Wait for the perfect moment" to buy real estate.

It's time to challenge your assumptions, question your doubts, and consider why waiting might not be the wisest choice. Enjoy!

Follow me on all social media platforms: @RealMortgageMaverick

Have an idea for a future episode?

Hit me up ---> RealMortgageMaverick@gmail.com

It's Never A Bad Time To Buy Real Estate!

Whether you're a first-time homebuyer, seasoned homeowner or work in the Real Estate industry, you have to watch this episode.

Have you ever heard of a temporary rate buydown for your mortgage? Probably not. This affordability tactic is great when rates are high to allow buyers to have lower payments for a set period of time when they purchase their new home.

Whether you're a consumer, or real estate professional, you need to know about temporary buydowns and how they can save you money on real estate!

Email me at RealMortgageMaverick@gmail.com to discuss a specific scenario or ask questions.

Enjoy!

The Biden Administration made an announcement that FHA (Federal Housing Administration) mortgage insurance premiums will be cut to create more affordability for homebuyers.

What are the details and will this be good or bad for the economy?

Please like, subscribe and email me at RealMortgageMaverick@gmail.com to collaborate or request topics for the show.

Enjoy!

Have you heard the dreaded words when submitting an offer on real estate, "The other offer is cash"?

In this episode I explain how you can be a "cash" buyer, even if you don't have enough money to buy the home without a mortgage.

Sounds weird right? Maybe fake? Sit back, relax and welcome to #Winning in Real Estate!

Link for me on Million Dollar Listing NY: https://youtu.be/dpqqBBQ9gFE

My Music Video: https://youtu.be/nKfP9dSmHIs

I get back to basics in this episode and explain what documents are needed to get approved for a home loan. I typically ask for these items when I'm pre-approving a client, and I recommend putting these items together before you head out to view properties.

Is there a topic you'd like for me to cover in future videos? Message me through my website: www.MortgageMaverick.net

Thank you for your continued support. Be well!

In this episode I had the pleasure of speaking with retired NY state tax assessor, Richard O'Donnell, from O'Donnell & Cullen Property Tax Consultants.

Most consumers aren't educated on what may happen to their taxes when buying real estate. Rich answers questions on what to expect after purchasing a home, and how you can prepare before starting the home buying process.

He also can help if you already own your home by potentially grieving your taxes.

This was a great session and everyone walked away learning something... Hopefully you feel the same!

Enjoy!

In this episode I give you 5 tips on what you need to look for when visiting a property before submitting an offer.

Whenever I go to view a home I always bring a list of questions and take notes on the condition of the property. 

These tips should prevent you from wasting money on an inspector for a home you don't truly love.

If you'd like for me to speak on a specific topic, feel free to reach out! 

www.MortgageMaverick.net has all of my contact information.

Thank you for your support! Enjoy!

Happy New Year!

In this episode I discuss new loan limits for the mortgage industry, increasing inventory (because homes are sitting on the market longer), and how homeowner's have a ton of equity in their homes. Jeffrey Green from Compass joins me for the conversation.

This episode is PACKED with great information & data to prepare you for 2023.

Thank you for your support and I'll catch you on the next one!

Enjoy the conversation and DM me @RealMortgageMaverick with questions!

This is a revamp of my popular 3 part series - Income, Assets, Credit. In part 3 (Credit), I explain the importance of credit history when applying for a home loan and how you can prepare you credit before applying. 

• What is revolving utilization? 
• What needs to be done if I have derogatory items on my credit? 
• What are some ways to repair credit in the short term? 

We cover it all in this episode. Feel free to email me if you'd like me to discuss a specific topic or have questions. RealMortgageMaverick@gmail.com.

Enjoy!

This is a revamp of my popular 3 part series - Income, Assets, Credit. In part 2 I explain the importance of reviewing your assets (bank accounts, investments, etc.) when applying for a loan and how much may be needed to close. What are liquid assets? What are illiquid assets? What accounts can be used to purchase real estate? We cover it all in this episode. Feel free to email me if you'd like me to discuss a specific topic. RealMortgageMaverick@gmail.com.

Enjoy!

This is a revamp of my popular 3 part series - Income, Assets, Credit. In part 1 I explain the importance of discussing your income when applying for a loan and what lenders look for. You'll hear some real life scenarios and what can derail your deal, so you're prepared. Feel free to email me if you'd like me to discuss a specific topic. RealMortgageMaverick@gmail.com.

Enjoy!

Dizzy Parker and I have a conversation related to interest rates, home prices and what my opinion is on the future market. Similar to other episodes I provide some insight on how to improve your debt to income ratio and what I'm dealing with as a buyer in my personal life (the pain points of a seller's market). If you'd like me to cover a topic or collaborate with me on a future episode, please email me at RealMortgageMaverick@gmail.com. Be well!

Jeff Green, Top Producer from Compass Real Estate joins me in this episode to discuss affordability, inventory & how you can make your offer to purchase real estate as strong as possible. Sit back, relax and enjoy the conversation!

Have you ever applied for a loan and inflated your income or maybe didn't mention something to avoid follow up questions? 

It's quite common.

In this episode I break down why it's important to bring up different aspects of your finances at the application stage for your home loan, instead of avoiding the conversation. When you're working with a lending advisor, we need to uncover the full picture of your finances to make recommendations and provide the probability of approval.

Finding out if we may face issues at the beginning of the process allows us to make changes and prepare accordingly.

This is the audio from my YouTube video which can be accessed here: https://www.youtube.com/watch?v=z-jWh8Nddrw

Now, let's get your home journey started!

Enjoy!

Today on Finance with Fernando I explain the good and bad of buying/selling in a holiday or winter market. This episode may have you rethink your strategy and have you go all-in while others are waiting until Spring to complete their real estate transactions.

Wishing you a Happy Holiday & Prosperous New Year!

In today's episode I have my social media manager, Dizzy Parker, ask questions to achieve his goal of homeownership. 

The questions and answers aren't scripted, and we follow a conversation-style approach. This episode mimics discussions I have on a daily basis with clients preparing them to take the next step in building wealth. 

Enjoy!

In this episode I revisit a topic covered in 2019. 2 years later, amidst a pandemic, the housing market is quite different. I cover what the pros and cons are to either rent or take the plunge and buy a home. Where do you fit into the discussion? Enjoy!

So you're almost ready to close... YAY!!! It's a whirlwind of emotions: "We need to pack!", "I need to hire a mover", "I need to get checks"

In this episode I explain timing and what expectations to have when preparing to close. I discuss how lenders clear loans for closing and why you may be notified only a few days prior to your closing date that you're officially "Authorized to Close". 

*Spoiler alert: It's not because we want to give you acid reflux*

On this episode I have Jeffrey Green from Compass Real Estate (@jeffrey_green_ny) on the podcast to discuss how you can remain competitive with a low down payment offer. The current real estate market is causing buyers to pay cash, waive contingencies or put substantial money down - be prepared with these top 3 tips to stay relevant to sellers in your home search!

Money is cheap, take advantage.

Did you know that you can be 100 years old and apply for a 30 year home loan? Don't worry, most consumers don't. Your personal demographic doesn't change the opportunity or terms of financing you'll receive.

Throughout my career I've had older individuals say "I'm XX years old, I'm sure I can't qualify for a 30 year loan", and I get great pleasure informing them they can if they qualify based on their finances. This is one example of many.

I cover the demographic topic in this episode and dissect how lenders use your personal information to lend.

Knowledge is Power - Enjoy this dose!

Part 3 of 3 Miniseries - Credit. By now you've explored how Income and Assets are evaluated to qualify a mortgage candidate. This episode explains consumer credit and how to create a strong foundation for financial success. SPOILER ALERT: As per previous episodes, having a great credit score isn't all you need....