Mortgage Planning for Life Events + Client's Adult Children
Guest Expert: Chris Brady. M.A., Draper & Kramer Mortgage Corp. Bookmark
The use of mortgage financing can be an important part of a client's financial plan. Join this session that will use case studies to illustrate the mortgage options that merit consideration when clien...
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
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