The HartBeat Show Podcast

We get asked this a lot from first time home buyers, “Is FHA the best loan for me?” and today we are going to talk about it! The truth is… it depends! Every situation is different, and every loan is different. So, we are going to talk about some reasons why FHA or Conventional may be better for you! I do Mortgages for a living, if I can ever help you buy or refinance a home let me know! • Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr • TEXT “APPLY” to 239-437-4278 • Call me or text me 239-910-5668 • Talk to my team were here to help! 239-437-4278 • Check out my website www.TimHartJr.com Connect with me on Social Media Instagram - https://www.instagram.com/timhart453/?hl=en Facebook - https://www.facebook.com/TimHartJr LinkedIn - https://www.linkedin.com/in/timhartjr/

If you are considering paying cash for your home, but don’t want to be stuck depleting your asset accounts, we have a product that can help! Maybe you planned to pay with financing, but it fell through, and you had to use your retirement account. Or maybe you wanted to have an edge over financed buyers and decided to take your money out of your 401k so you could pay cash. We can help you recoup that money and put it back to work for you, with what we call “delayed cash out refinancing”. This refinance has no waiting period for your money to “season” as they say so it is ideal to get your cash back fast. Let’s talk about it! I do Mortgages for a living, if I can ever help you buy or refinance a home let me know! • Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr • TEXT “APPLY” to 239-437-4278 • Call me or text me 239-910-5668 • Talk to my team were here to help! 239-437-4278 • Check out my website www.TimHartJr.com Connect with me on Social Media Instagram - https://www.instagram.com/timhart453/?hl=en Facebook - https://www.facebook.com/TimHartJr LinkedIn - https://www.linkedin.com/in/timhartjr/

Do you get bonuses? How about overtime, or maybe even commission? Today we are going to talk about these unique income situations and why your lender will want to see a strong history of these types of income. Let’s go! I do Mortgages for a living, if I can ever help you buy or refinance a home let me know! • Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr • TEXT “APPLY” to 239-437-4278 • Call me or text me 239-910-5668 • Talk to my team were here to help! 239-437-4278 • Check out my website www.TimHartJr.com Connect with me on Social Media Instagram - https://www.instagram.com/timhart453/?hl=en Facebook - https://www.facebook.com/TimHartJr LinkedIn - https://www.linkedin.com/in/timhartjr/

We have talked about it before, but there is always someone out there who needs to hear this. If you are stuck under debt, whether its credit cards, student loans or medical bills, your house just might be the answer. We can talk about how you could use the equity in your home to pay off these accounts and get out from under the debt! We just helped a borrower do this and she is saving over $1,000 a month! I do Mortgages for a living, if I can ever help you buy or refinance a home let me know! • Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr • TEXT “APPLY” to 239-437-4278 • Call me or text me 239-910-5668 • Talk to my team were here to help! 239-437-4278 • Check out my website www.TimHartJr.com Connect with me on Social Media Instagram - https://www.instagram.com/timhart453/?hl=en Facebook - https://www.facebook.com/TimHartJr LinkedIn - https://www.linkedin.com/in/timhartjr/

When it comes to getting a mortgage, who you use matters. We have talked about it before but there are some big differences between using a local lender and a big bank. Today I want to talk about some of those points, because getting a mortgage is one of the biggest purchases you will make, and we want your experience to be as smooth and painless as possible. So, check it out and see how using a local lender can save you a lot of hassle and time! I do Mortgages for a living, if I can ever help you buy or refinance a home let me know! • Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr • TEXT “APPLY” to 239-437-4278 • Call me or text me 239-910-5668 • Talk to my team were here to help! 239-437-4278 • Check out my website www.TimHartJr.com Connect with me on Social Media Instagram - https://www.instagram.com/timhart453/?hl=en Facebook - https://www.facebook.com/TimHartJr LinkedIn - https://www.linkedin.com/in/timhartjr/

Most of the time people who are looking to get pre-approved are focused on finding out what they can qualify for. BUT today I want to talk to you about the difference between what you can afford, and what you can qualify for because they are not always the same. Getting your payments where they need to be is a huge part of the mortgage process, so let’s dive in! I do Mortgages for a living, if I can ever help you buy or refinance a home let me know! • Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr • TEXT “APPLY” to 239-437-4278 • Call me or text me 239-910-5668 • Talk to my team were here to help! 239-437-4278 • Check out my website www.TimHartJr.com Connect with me on Social Media Instagram - https://www.instagram.com/timhart453/?hl=en Facebook - https://www.facebook.com/TimHartJr LinkedIn - https://www.linkedin.com/in/timhartjr/

We get asked this a lot from first time home buyers, “Is FHA the best loan for me?” and today we are going to talk about it! The truth is… it depends! Every situation is different, and every loan is different. So, we are going to talk about some reasons why FHA or Conventional may be better for you! I do Mortgages for a living, if I can ever help you buy or refinance a home let me know! • Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr • TEXT “APPLY” to 239-437-4278 • Call me or text me 239-910-5668 • Talk to my team were here to help! 239-437-4278 • Check out my website www.TimHartJr.com Connect with me on Social Media Instagram - https://www.instagram.com/timhart453/?hl=en Facebook - https://www.facebook.com/TimHartJr LinkedIn - https://www.linkedin.com/in/timhartjr/

You may have heard the term DTI: Debt to Income Ratio. You may have even tried to start figuring out and calculating what your debt to income is for your loan. But what does this really mean, how do you figure out what your ratio is? The first step is to understand what goes into your ratio, we’re talking about it today! I do Mortgages for a living, if I can ever help you buy or refinance a home let me know! • Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr • TEXT “APPLY” to 239-437-4278 • Call me or text me 239-910-5668 • Talk to my team were here to help! 239-437-4278 • Check out my website www.TimHartJr.com Connect with me on Social Media Instagram - https://www.instagram.com/timhart453/?hl=en Facebook - https://www.facebook.com/TimHartJr LinkedIn - https://www.linkedin.com/in/timhartjr/

he other day we had a listing agent and seller ask us for a copy of the appraisal. Is there anything wrong with that? No, there isn’t anything wrong with the seller’s requesting a copy of the appraisal. BUT, the kicker is it really isn’t ours to give. As a buyer, when you pay for your appraisal, it belongs to you! So as the lender we always refer the sellers or seller’s agent to speak to the buyer and the buyer’s agent. If the buyer decided to release a copy that is totally up to them. They don’t have to though, they paid for it! I do Mortgages for a living, if I can ever help you buy or refinance a home let me know! • Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr • TEXT “APPLY” to 239-437-4278 • Call me or text me 239-910-5668 • Talk to my team were here to help! 239-437-4278 • Check out my website www.TimHartJr.com Connect with me on Social Media Instagram - https://www.instagram.com/timhart453/?hl=en Facebook - https://www.facebook.com/TimHartJr LinkedIn - https://www.linkedin.com/in/timhartjr/

Cash out for manufactured homes, there is a lot of buzz around this topic lately, some lenders may not offer any products that cater to manufactured homes. If you have a manufactured home, and you own the land as well we have some loan options that can help you tap into the equity in your home and pull cash out. Let’s talk about how that could benefit you! I do Mortgages for a living, if I can ever help you buy or refinance a home let me know! • Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr • TEXT “APPLY” to 239-437-4278 • Call me or text me 239-910-5668 • Talk to my team were here to help! 239-437-4278 • Check out my website www.TimHartJr.com Connect with me on Social Media Instagram - https://www.instagram.com/timhart453/?hl=en Facebook - https://www.facebook.com/TimHartJr LinkedIn - https://www.linkedin.com/in/timhartjr/

I always love it when we can close these types of loans. Recently we had a past client of ours talk to us about doing a cash out refinance to pay off credit cards and some other debts she had. She was buried and it would have taken her a very long time to get out from under the debt she had hanging over her. We know that can be a tough struggle and are so happy that we were able to help her save well over a grand every month and get a fresh start! If this sounds like you, let’s see how we can help you get out from under your debt! I do Mortgages for a living, if I can ever help you buy or refinance a home let me know! • Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr • TEXT “APPLY” to 239-437-4278 • Call me or text me 239-910-5668 • Talk to my team were here to help! 239-437-4278 • Check out my website www.TimHartJr.com Connect with me on Social Media Instagram - https://www.instagram.com/timhart453/?hl=en Facebook - https://www.facebook.com/TimHartJr LinkedIn - https://www.linkedin.com/in/timhartjr/

Down Payment Assistance is available in Florida for certain professions like Teacher, Police Officer, Veterans, Firefighter, Nurse and many others.  

This program started on June 1st and is available to First Time Homebuyers in Florida.  

The buyer can get 5% of the loan amount up to $25,000, whichever is less.  

First Time Homebuyer is someone that has owned a home in the last three years AND lived in it.  

If you or someone you know is renting and has one of the qualified professions, I urge you to check out the episode and learn more.  

You can also call or office or email timteam@vandykmortgage.com for more information.   

I do Mortgages for a living, if I can ever help you buy or refinance a home let me know!  

• Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr

• TEXT “APPLY” to 239-437-4278  

• Call me or text me 239-910-5668  

• Talk to my team were here to help! 239-437-4278 

• Check out my website www.TimHartJr.com  

Connect with me on Social Media 

Instagram - https://www.instagram.com/timhart453/?hl=en  

Facebook - https://www.facebook.com/TimHartJr

LinkedIn -  https://www.linkedin.com/in/timhartjr/

What will happen if you get in an accident while texting while driving? This question was on my mind and I decided to talk to my friend, Leland Garvin with Garvin Law Firm.

You and I both see it when you are driving. Car after car driving by, head down, reading their phone while driving.  It happens a lot! Leland and I discuss the penalties for driving while texting and of course talk about the dangers.  

Hopefully you enjoy the episode!  

I do Mortgages for a living, if I can ever help you buy or refinance a home let me know!  

• Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr

• TEXT “APPLY” to 239-437-4278  

• Call me or text me 239-910-5668  

• Talk to my team were here to help! 239-437-4278 

• Check out my website www.TimHartJr.com  

Connect with me on Social Media 

Instagram - https://www.instagram.com/timhart453/?hl=en  

Facebook - https://www.facebook.com/TimHartJr

LinkedIn -  https://www.linkedin.com/in/timhartjr/

We just finished a Facebook Live video and it is loaded with great information for anyone that is thinking about filing a claim or is in the process of filing a claim due to Hurricane Ian. I wanted to share this with you right away.

Brian Chapman of Chapman Insurance covered so many parts of the claims process. Please share this episode with someone that is on the fence about making a claim.

We cover some of the following topics and more.

When should you make a claim? 

What should you do when the insurance company doesn’t give you what you think you need? 

Should you use a private or public adjuster? How can you prepare for the visit from the adjuster? 

Should you make a claim if you only had a little bit of damage? 

What is the most common missed item on insurance coverage? 

Future of insurance in Florida? 

Does making a claim increase your future premiums?

Like I said, the conversation is loaded with great content for anyone that has questions or concerns about the insurance process during Hurricane Ian.

Hopefully this helps you or someone you know during this time.

Also, friendly reminder that we have a program out that will provide 100% financing for anyone that had their house made uninhabitable from the storm. 

Can be a renter or homeowner. You have one year to buy and you can use this program anywhere in the US. 

Call my office at 239-437-4278 and someone from my team can help you.

Have a rate day!  

I do Mortgages for a living, if I can ever help you buy or refinance a home let me know!  

• Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr

• TEXT “APPLY” to 239-437-4278  • Call me or text me 239-910-5668  

• Talk to my team were here to help! 239-437-4278 

• Check out my website www.TimHartJr.com  

Connect with me on Social Media 

Instagram - https://www.instagram.com/timhart453/?hl=en  

Facebook - https://www.facebook.com/TimHartJr

LinkedIn -  https://www.linkedin.com/in/timhartjr/

When The Same Loan Amount Equals Different Payments  

If you are out shopping for a home then you will want to listen to this episode!

Let’s just say you have a pre-approval for $500k and are doing 20% down. Loan amount of $400k.  

In this episode, I explain how the same loan amount can equal much different monthly payment amounts.  

Here is a short test case.  

1st $500k house. Built in 1926, in a flood zone, roof is 20 years old, has a pool, 2 floors, wood frame and is nowhere near a fire hydrant. You can imagine how much the flood and homeowners insurance will cost on that house.  

In Florida that flood would be between $3k-$7k and the homeowners would be the same or more.  

2nd $500k house. Brand new construction. 3/2 no pool and not in a flood zone. Insurance companies love this house!   

Flood is zero and homeowners would be less than a $1K  

You are looking at a swing of $6k-$15k a year or more between the two houses.  

Just keep an eye on this and I go into more detail with the episode.   

I do Mortgages for a living, if I can ever help you buy or refinance a home let me know!  

• Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr

• TEXT “APPLY” to 239-437-4278  

• Call me or text me 239-910-5668  

• Talk to my team were here to help! 239-437-4278 

• Check out my website www.TimHartJr.com  Connect with me on Social Media Instagram - https://www.instagram.com/timhart453/?hl=en  Facebook - https://www.facebook.com/TimHartJrLinkedIn -  https://www.linkedin.com/in/timhartjr/

Erin Fusco from Valley Bank gave a presentation to our networking group and I thought it was really good.

She answered the question “What is a Certificate of Deposit?” As usual, when I see or hear interesting content, I like to share it. Check out the video to learn more about CD’s. You can also reach out to Erin at  if you have any other questions or concerns.

I do Mortgages for a living, if I can ever help you buy or refinance a home let me know!

• Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr

• TEXT “APPLY” to 239-437-4278  

• Call me or text me 239-910-5668  

• Talk to my team were here to help! 239-437-4278 

• Check out my website www.TimHartJr.com

Connect with me on Social Media 

Instagram - https://www.instagram.com/timhart453/?hl=en  

Facebook - https://www.facebook.com/TimHartJr

LinkedIn -  https://www.linkedin.com/in/timhartjr/

Get to know one of our new Loan Officers, Jerry Roames. He joined our team in August and is located in Ocala, Florida. We got a chance to discuss why he got back into the mortgage business, his goals and how being a pastor has helped him in the mortgage business.

We also get to ask him some less serious questions like his favorite food and movie. Spoiler alert: It starred Tom Hanks

Jerry will be serving Florida and Virginia for our branch.

Give him a call ……….. 352-233-5965

I do Mortgages for a living, if I can ever help you buy or refinance a home let me know!

• Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr

• TEXT “APPLY” to 239-437-4278  

• Call me or text me 239-910-5668  

• Talk to my team were here to help! 239-437-4278 

• Check out my website www.TimHartJr.co

Connect with me on Social Media 

Instagram - https://www.instagram.com/timhart453/?hl=en  

Facebook - https://www.facebook.com/TimHartJr

LinkedIn -  https://www.linkedin.com/in/timhartjr/

Today we get to know Nelson Fernandez. Nelson has been a Loan Officer with us for over a year now. He is bi-lingual speaking Spanish and English. Nelson has been a great asset to our team. He is licensed in PA and Florida and will be happy to help you anytime.

In this interview we get to hear what Nelson hopes client know about him, his favorite movie and a Jersey staple for his favorite food.

Reach out to Nelson anytime if you want to get pre-approved.

nfernandez@vandykmortgage.com 484-788-1911

I do Mortgages for a living, if I can ever help you buy or refinance a home let me know!

• Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr

• TEXT “APPLY” to 239-437-4278  

• Call me or text me 239-910-5668  

• Talk to my team were here to help! 239-437-4278 

• Check out my website www.TimHartJr.com

Connect with me on Social Media 

Instagram - https://www.instagram.com/timhart453/?hl=en  Facebook - https://www.facebook.com/TimHartJrLinkedIn -  https://www.linkedin.com/in/timhartjr/

You may have applied for a mortgage or car loan in the past and the next thing you know, lenders or dealers are blowing up your phone to apply. It happens all the time when people apply for a  mortgage, credit card or car loan. In the mortgage business these are called Trigger Leads. When a borrower has their credit pulled the bureaus, Equifax, Experian and TransUnion sell that data to other lenders.

There is nothing a lender can do to avoid this. If there was, we would. I hate it and its legal.

Listen to this episode to learn more.

I do Mortgages for a living, if I can ever help you buy or refinance a home let me know!

• Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr

• TEXT “APPLY” to 239-437-4278  

• Call me or text me 239-910-5668  

• Talk to my team were here to help! 239-437-4278 

• Check out my website www.TimHartJr.com

Connect with me on Social Media 

Instagram - https://www.instagram.com/timhart453/?hl=en  

Facebook - https://www.facebook.com/TimHartJr

LinkedIn -  https://www.linkedin.com/in/timhartjr/

Get to know our new Loan Officer, Anthony Bellegante. Anthony is a Loan Officer that joined us in 6/22 and is licensed in Indiana, Michigan and Florida.

Get to know our new Loan Officer, Anthony Bellegante. Anthony is a Loan Officer that joined us in 6/22 and is licensed in Indiana, Michigan and Florida.  We got to spend some time with him to get him know so you can. We get him to talk about his firefighter past, his love of Italian food, his softball days and his love of family.

He also loves being a Loan Officer and bombed when we asked him about his favorite movie 😊

Reach out to Tony at 574-309-4757  or abellegante@forvandykmortgage.com with  any of your mortgage questions or concerns.

I do Mortgages for a living, if I can ever help you buy or refinance a home let me know!

• Apply for a mortgage now https://myvandyk.vandykmortgage.com/dr/c/qojpr

• TEXT “APPLY” to 239-437-4278  

• Call me or text me 239-910-5668  

• Talk to my team were here to help! 239-437-4278 

• Check out my website www.TimHartJr.com

Connect with me on Social Media 

Instagram - https://www.instagram.com/timhart453/?hl=en  

Facebook - https://www.facebook.com/TimHartJr

LinkedIn -  https://www.linkedin.com/in/timhartjr/

We have been getting calls like this over the last couple weeks so this may or may not have happened to you. A mortgage with escrows get reviewed once a year by your mortgage holder.  

When this review happens, the lender needs to ensure that they are collecting enough money to cover your real estate taxes and insurances when that bill comes due.  

Many times the lender needs to increase your monthly payment if your taxes or insurance increased from the year before. Insurance in Florida has increased pretty dramatically this year so it does not surprise us that payments are going up when the escrow review happens.  

Check out the episode we did about this and we offer a couple solutions at the end.  

Spoiler alert- The solutions are to shop your homeowners insurance and that you can pay the full bill up front to keep your payment down. Not many options to fix it. Sorry!  

Call our team at 239-437-4278 if we can help with any of your mortgage questions or concerns.

Here is the situation you want to avoid as a buyer.

Buyer wants to buy a home and their rental lease is up in 10 months. They wait until about the 8 month mark to start the pre-approval process. Surprise! Two collections showed up that they were not aware of. Their credit score is not high enough and there is not enough time to fix it before their lease is up. They get freaked out and have to sign another long term lease. Happens all the time.

Here is my suggestion.  Apply now. I don’t care if you just signed a 12 month lease. Get the application done and let us coach you on any problems you may have.
If you do have issues then you have more time to fix those problems well before you lease is up.

We also see where you qualify right now and can find a way out of you lease. Lots of good can come out of applying for the mortgage sooner rather than later.

Check out this video to learn more.

Feel free to share this or any other videos we have with anyone you know who is renting, and looking to own a home! P.S. We can fully underwrite your loan file while you look for a home or even before you start looking. We also call the Listing Agent to help the offer get accepted. It works!

Call my office at 239-437-4278 if we can help. I have a full team of Loan Officers that are standing by ready to help. Have a rate day!

You may or may not be surprised by the fact that some people are scared or embarrassed to apply for a mortgage. That Loan Officer is going to see your low credit score, countless recent insufficient funds and that you have been late on your Victoria’s Secret credit card for the last 15 months.

Guess what? The Loan Officer doesn’t even bat an eye at it. I know I don’t.

Do not fear of your past life decisions keep you from applying to own a new home or pay off all your credit card debt using the equity in your home. I have seen so many situations the last 20 years that almost nothing shocks me when people apply.

Many times, people will come to me worried about their credit or financial situation and there was never anything to worry about. We get them approved and they own a home. What if they never applied? They never would have owned a home. Booo!

Sometimes the timing is not right and the borrower has work to do. That is ok as well. Myself and my team will lay out a plan to help you become a homeowner.

So shoot your shot and apply for that loan if it is something you have been putting off. You never know until you try….

I do Mortgages for a living, if I can ever help you buy or refinance a home let me know!

· Apply for a mortgage now at https://timhart.floify.com/apply-now

· TEXT “APPLY” to 239-437-4278

· Call me or text me 239-910-5668

· Talk to my team were here to help! 239-437-4278

· Check out my website www.TimHartJr.com