The Mortgage Brothers Show

In this episode, we’re answering a question we’re asked about pretty frequently, especially around tax season, “If I have a mortgage, do I get a mortgage interest write-off?” We’re sharing why mortgage interest tax deductions are a big deal, and how your mortgage interest can help you during tax season!

One of the questions that are happening frequently in this COVID-19 environment is about “what happens if you have a mortgage and it is in forbearance?” In response to these financial hardships, the federal government has announced plans that offer relief to many homeowners who aren’t able to keep up with their mortgage payments. In this episode, we’ll share how forbearance influences conventional mortgages.

In this episode of “The Mortgage Brothers Show” we answer the question that people ask not only us – but their friends, their relatives, themselves, their spouses, etc; “Is real estate the best way to build wealth?” We’ll break down the 5 main advantages of real estate investing, from real estate investment loans to using 401k money towards a home purchase.

In this episode, we work through one of the most common questions we get: should you use 401k funds to purchase a home. It’s a touchy subject, so we decided to breakdown a scenario for you and compare side by side the returns in real estate vs. your 401k.

In this episode, as we often do, we talked about mortgages. There are two different types of financing we do outside of that for primary residences — second homes and investment properties. For the full story, be sure to listen to the full podcast above or on Apple Podcasts. For now, let’s get into the overview.

In this episode of the Mortgage Brothers Podcast we covered your most common questions about down payments.

One very common misunderstanding for home buyers is the cash requirements for a down payment. How much do you need? What programs are out there for low down payment options? What is private mortgage insurance and is it bad? Where do the funds need to come from?

In this episode of the Mortgage Brothers Podcast we will cover your most common questions about Mortgage Insurance.

In this episode, we touched base on mortgages as it relates to where we are with COVID and how it is affecting purchases, refinances, timing, pricing, and the like. The virus is causing mortgage lending and bank guidelines to continually evolve and tighten down. Banks want to protect themselves from the risks that mortgages inherently have during times of uncertainty. Some borrowers will find it more difficult to get pre-qualified in the current climate compared to before the virus.

In this episode, we went over commonly asked questions about 15-year-fixed mortgages versus 30-year-fixed mortgages.

In this episode of the podcast we talked about the difference between forbearance and deferment. We’ve been getting a lot of questions lately.

In this episode, we talked about and answered questions about cash-out refinances in our current COVID-19 market. Right now, we’re still sheltering in place and we’re getting a ton of calls from people about a range of topics, but a lot of them surround the issues posed by COVID-19 and whether they should do a cash-out refinance, if they should pull money out for emergency funds, and about investing.

In this week’s episode, we went over SBA loans. We are in the middle of coronavirus season right now and we’ve been getting a lot of questions about SBA loans in connection with the CARES Act. The CARES Act is trying to send a ton of money to the private sector, all these small businesses, sole proprietors, and employers.

This week’s podcast was about the CARES Act that was signed into effect a couple of days ago. In this episode, we talked about how it affects mortgages and homeowners.

Because of COVID-19, our economy has taken a huge hit. The CARES Act is probably one of the quickest that has ever been passed. We did a bit of research to find out what information affects you and how this act affects you as a mortgagor.

Now, this was probably one our most sobering podcasts. If you’re in contracts, going into contract, refinancing, or thinking about refinancing it’s reasonable to be wondering about how COVID-19 is going to impact this.