Mortgage Planning for Life Events + Client's Adult Children
Guest Expert: Chris Brady. M.A., Draper & Kramer Mortgage Corp.
Date:
Webinar Replay Description
The use of mortgage financing can be an important part of a client's financial plan.
Comments
Here are comments from listeners:
I did not know when and how mortgage lenders look at "cash reserves." Makes sense that retirement accounts are not 100% counted. The slides providing the different criteria for each type of loan, even if I will need to do some post-attendance research to better understand all the options.
- Aaron
I didn't realize that there was not a limit to gifting for owner-occupied property. (As in the Dan-Roseanne case study of parents gifting to children). Just looked it up and found the discussion on the unified gift credit.
- Andrea
Good session today. Learned something re: Credit scoring tips & decent overview of various mortgage programs.
- Robert
I did not know when and how mortgage lenders look at "cash reserves." Makes sense that retirement accounts are not 100% counted. The slides providing the different criteria for each type of loan, even if I will need to do some post-attendance research to better understand all the options.
- Aaron
I didn't realize that there was not a limit to gifting for owner-occupied property. (As in the Dan-Roseanne case study of parents gifting to children). Just looked it up and found the discussion on the unified gift credit.
- Andrea
Good session today. Learned something re: Credit scoring tips & decent overview of various mortgage programs.
- Robert
06.08.2022 - Mortgage
Attendees Comments:
I did not know when and how mortgage lenders look at "cash reserves." Makes sense that retirement accounts are not 100% counted. The slides providing the different criteria for each type of loan, even if I will need to do some post-attendance research to better understand all the options.
- Aaron
I didn't realize that there was not a limit to gifting for owner-occupied property. (As in the Dan-Roseanne case study of parents gifting to children). Just looked it up and found the discussion on the unified gift credit.
- Andrea
Good session today. Learned something re: Credit scoring tips & decent overview of various mortgage programs.
- Robert