- 1 119
- 2 573 093
Matt The Mortgage Guy
United States
Приєднався 22 лип 2013
My goal with this channel is to provide quality content in regards to mortgage/real estate/personal finance. Through personal experience and my work with thousands of clients, I feel like I can deliver good advice and aim to do it in a way that is easy to understand. My current goal is 3 videos per week on a variety of topics pertaining to real estate and finance. As I see things that spark my interest or get ideas from client questions I will tailor the videos to answer and clarify. Cheers!
Visit my website to get started: co.umortgage.com/3s4dsHI
(NMLS #1088993)
Visit my website to get started: co.umortgage.com/3s4dsHI
(NMLS #1088993)
Tips to get a higher home appraisal from an expert appraiser - Amy Parker | GBE 94
Want to know how to get the most money possible for your house? Today I'm sitting down with an expert to get all the details and tips to get a higher home appraisal.
Thanks for watching!
📣 Connect with the MTMG team NATIONWIDE! Start here: 👨💼 greatmortgagebroker.com
🤝Click here to CONNECT to a GREAT AGENT in your area: homeandmoney.com/matt/
Follow me on:
▶ Instagram: @mattthemortgageguyum
▶ Facebook: Matt The Mortgage Guy
▶ TikTok: @mattthemortgageguy
Subscribe NOW for more mortgage/real estate/finance straight talk:
/ @mattthemortgageguy
Visit my website for more info
▶ mtmg.com/
Business inquiries contact me at
▶ matt@mtmg.com
A few videos that might be helpful:
Matt The Mortgage Guy 💪 Greatest Hits:
▶ • Reacting to REDFINS 2022 Housing Mark...
Lower ⬇️ Your Mortgage Payment :
▶ • 1-0 Buydown | Lower Your Mortgage Pay...
Real Estate Investing 💰 For Beginners:
▶ • High earners guide to scaling real es...
Buying or Refinancing in CA?
APPLY NOW:
▶ umortgage.my1003app.com/10889...
More info on buying:
▶ mtmg.com/buy/
More info on refinancing:
▶ mtmg.com/refinance/
Thanks for watching!
📣 Connect with the MTMG team NATIONWIDE! Start here: 👨💼 greatmortgagebroker.com
🤝Click here to CONNECT to a GREAT AGENT in your area: homeandmoney.com/matt/
Follow me on:
▶ Instagram: @mattthemortgageguyum
▶ Facebook: Matt The Mortgage Guy
▶ TikTok: @mattthemortgageguy
Subscribe NOW for more mortgage/real estate/finance straight talk:
/ @mattthemortgageguy
Visit my website for more info
▶ mtmg.com/
Business inquiries contact me at
▶ matt@mtmg.com
A few videos that might be helpful:
Matt The Mortgage Guy 💪 Greatest Hits:
▶ • Reacting to REDFINS 2022 Housing Mark...
Lower ⬇️ Your Mortgage Payment :
▶ • 1-0 Buydown | Lower Your Mortgage Pay...
Real Estate Investing 💰 For Beginners:
▶ • High earners guide to scaling real es...
Buying or Refinancing in CA?
APPLY NOW:
▶ umortgage.my1003app.com/10889...
More info on buying:
▶ mtmg.com/buy/
More info on refinancing:
▶ mtmg.com/refinance/
Переглядів: 108
Відео
The Best Real Estate Investment Strategy Today Is To Buy Your Own House
Переглядів 30614 годин тому
The Best Real Estate Investment Strategy Today Is To Buy Your House Thanks for watching! 📣 Connect with the MTMG team NATIONWIDE! Start here: 👨💼 greatmortgagebroker.com 🤝Click here to CONNECT to a GREAT AGENT in your area: homeandmoney.com/matt/ Follow me on: ▶ Instagram: @mattthemortgageguyum ▶ Facebook: Matt The Mortgage Guy ▶ TikTok: @mattthemortgageguy Subscribe NOW for more mortgage/real ...
Our predictions for mortgage rates the rest of 2024
Переглядів 4,2 тис.19 годин тому
Will mortgage rates ever come down?? In this video, Mitch and I discuss our predictions, and general trends we see every year that can help us determine what the year will look like. Thanks for watching! 📣 Connect with the MTMG team NATIONWIDE! Start here: 👨💼 greatmortgagebroker.com 🤝Click here to CONNECT to a GREAT AGENT in your area: homeandmoney.com/matt/ Follow me on: ▶ Instagram: @mattthe...
Where To Buy A House In Sacramento For Under $500k
Переглядів 13821 день тому
Where To Buy A House In Sacramento For Under $500k
Why Sacramento Is The Best Real Estate Opportunity in California - with Mark Mcdonough | GBE 91
Переглядів 29621 день тому
Why Sacramento Is The Best Real Estate Opportunity in California - with Mark Mcdonough | GBE 91
How to buy your first home with NO MONEY DOWN! - UWM 0% DOWN PURCHASE PROGRAM
Переглядів 578Місяць тому
How to buy your first home with NO MONEY DOWN! - UWM 0% DOWN PURCHASE PROGRAM
The ONLY Mortgage Rate Calculator You Should Trust
Переглядів 858Місяць тому
The ONLY Mortgage Rate Calculator You Should Trust
Tap Into Trillions in Home Equity | Freddie Mac 2nd mortgages!
Переглядів 2,5 тис.Місяць тому
Tap Into Trillions in Home Equity | Freddie Mac 2nd mortgages!
My loan was sold to Mr Cooper! Now what?
Переглядів 1,1 тис.Місяць тому
My loan was sold to Mr Cooper! Now what?
Temporary Rate Buydowns : Mortgage Hacks 2024
Переглядів 9512 місяці тому
Temporary Rate Buydowns : Mortgage Hacks 2024
CA DREAM FOR ALL equity share program
Переглядів 2302 місяці тому
CA DREAM FOR ALL equity share program
Surprise Inflation Spike Impacting Mortgages
Переглядів 6072 місяці тому
Surprise Inflation Spike Impacting Mortgages
Fed Meeting Insights: Impact on Your Finances
Переглядів 2243 місяці тому
Fed Meeting Insights: Impact on Your Finances
Breaking News: NAR Settlement and how it might affect real estate
Переглядів 1,6 тис.3 місяці тому
Breaking News: NAR Settlement and how it might affect real estate
Pros and cons of new homebuyer tax credits
Переглядів 4423 місяці тому
Pros and cons of new homebuyer tax credits
Rocket Mortgage's Surprising Decision To Shutdown This Origination Channel
Переглядів 1,9 тис.3 місяці тому
Rocket Mortgage's Surprising Decision To Shutdown This Origination Channel
Shocking Truth: Buying CA Real Estate Now
Переглядів 7563 місяці тому
Shocking Truth: Buying CA Real Estate Now
How Will Declining Rates Affect Home Buyers?
Переглядів 6824 місяці тому
How Will Declining Rates Affect Home Buyers?
What Is A Closing Disclosure? | What To Know!
Переглядів 1,1 тис.4 місяці тому
What Is A Closing Disclosure? | What To Know!
Mortgage Rates Interest After CPI Reading!
Переглядів 5864 місяці тому
Mortgage Rates Interest After CPI Reading!
The Importance of Homeownership | First Time Homebuyers
Переглядів 2054 місяці тому
The Importance of Homeownership | First Time Homebuyers
Federal Reserve Meeting Recap | What To Know!
Переглядів 3954 місяці тому
Federal Reserve Meeting Recap | What To Know!
1-0 Buydown | Lower Your Mortgage Payment in 2024
Переглядів 5945 місяців тому
1-0 Buydown | Lower Your Mortgage Payment in 2024
Buying A Home In 2024 | What To Know
Переглядів 3265 місяців тому
Buying A Home In 2024 | What To Know
Should Homeowners Refinance In 2024?
Переглядів 7355 місяців тому
Should Homeowners Refinance In 2024?
I actually asked this question regarding mortgages on a velocity banking video on another channel and got nadda. If you have a 6 month emergency fund (and even a credit card), paying extra on the principle makes so much more sense to me. We used velocity banking method to pay off credit card debt, and it worked great. But using a HELOC to pay off a mortgage just seems like a lot of extra steps.
I agree… keep in mind the velocity guys often have a “course” or a “system” to sell
"emailing is so 2005"--- Laughing at my old self watching this video to make sure its relevant
Matt! Thanks for bringing other professionals on to give more knowledge and value! You are an amazing go giver!
Thanks! More coming! Realtor with 30yrs experience next, then great title agent following week
I have like zero math cells in my brain, so this is all crazy-making...but I can understand what you are saying. I purchased a home in 2022 and my mortgage company has changed FOUR times, which is also a bit nuts. But this last change has me paying $370 more/month...is that possible?! I talked to the county and my property taxes went up $1400 (I think to reflect the new value of the home), and my homeowners insurance went up $200, but that's $1600/year, not $4,400! I'm trying to get information from them, but I don't have much hope I will understand it, and that leaves me so open to getting scammed. When I call I can either barely understand the person, or they talk way above my head. Who can I have look at this and make sure it's right? My mortgage broker? Thanks!
Look at any “escrow analysis” they sent OR log into an online account to find that document- it should explain it, - my guess is that the larger change has to do with a make up in the old shortage
@@MattTheMortgageGuy Thanks. Ugh. They said that for some reason the old company didn't send that over, so they are going to get it, but that it is unlikely to change. Fishy? What does that mean, and 'old shortage'? Why did they underpay or not adjust earlier?
Need a great mortgage broker? Click here to connect with me and my team: greatmortgagebroker.com
Not sure their z estimate considers the photos.. I think they judge a lot based on the prior price of that unit.. we mostly own condos with model matches right next door and the worse looking one often is valued more by 5% or so.. at least the publish the range so you can see their error tolerance is years worth of appreciation, lol
Yeah, algorithms have a tough time with condition
One of the problems that i see is that you need to be making over 150k and have a fairly low dti to be able to get approved for a decent house. If not all you can get is a 200k 1 bedroom apartment…. At least in South Florida
Both of you are only thinking in new buyers because you are in the business making money! But you need to think in people that are paying now half million homes in 7.2 % this is $3,000 + dollars monthly…
I’m so glad I decided to bite the bullet in early 2021 and bought my first home, new construction in Irvine CA. I wasn’t sure what would happen, having bought during COVID, if the housing market would collapse or not. Now I’m sitting on a 2.5% interest rate and have no plans to sell anytime soon. Perhaps if rates drop below 6%, the amount of appreciation I have been fortunate to experience over the last couple years would more than enough to offset the higher interest rate.
Awesome stuff!
Thanks! Great seeing you brother!
A few things I think you failed to mention. There can be extra cost to owning a home, like if the A/C goes out, that can be 15-20k to replace that, another 10-15k to replace the roof. Also if you live in Cali, your taxes a year can throw a monkey wrench in your savings, if you even have any after paying that high monthly note. Side note My parents purchased their home in southern calif in 1970 for 24k, that house now is close to 1M. Great for the seller, crazy for the buyer. That community was and still is a blue collar community. So to afford that home now, after putting down 300k ChatGpt says you have to have a monthly income around 15k+ a month. So first, how many people make that, and who has 300k laying around. Second, is it a good investment to put that 300k into 50+year old starter home? But most important, something got to give, there's no way this can keep going in this direction, and be sustainable. This situation is leaving little to NO hope for a large percentage of Americans to own a home.
Good points, a lot to consider when buying a home.
A/C doesn't cost 15 to 20k. It's more like 5K and typically will last 10 plus years. Roofs get inspected when you buy the property and should generally have a lifespan of 10 or more years when purchasing the property. In case of replacement roofs should last at least 30 yrs (life of mortgage) metal roofs can last 60 plus years. I understand your point, they're definitely additional maintenance costs that come with being a home owner but those costs are minimal in comparison to the benefits as stated in this video. You yourself said that your parents bought their home for 24k and it's now worth 1 million. Do you think if your parents could go back in time, would they have preferred to have rented that home instead?? Or would they've purchased 2 more homes in that blue collar neighborhood?? Lol. I also understand your point, its hard to buy your first home today but it was hard back then too ( your parents time). It will always be hard your initial time entering the housing market but it pays off in the long run as illustrated by this video and the experience on your own parents. The statistics speak for themselves. Good day!
Well, A/c should cost about 5k, but that’s not the real world. Trust me, I’m not guessing. As far as my parents home, no it was very easy, they put nothing down. Oh, and according to my mom, they made around $8 an hr. I mean, that was both incomes combined. Also, as I’m sure you know, the difference at that time was that the hourly pay vs the cost of a home was a smaller gap, even though interests were 8-10%. On a 24k vs a 7% on a 800k-1.5M home. Today you can make 80k, and you have no chance of owing a home in many parts of California. When foreign buyers and corporations are allowed to purchase large amounts of property, with unlimited amounts of cash, that has to create some obstacles for the average buyers now! Now just imagine every homeowners goal would be their house would build equity. What will that look like l in five years for a person trying to buy a house? There’s a major problem here, and something has to give!
I thought there were laws against usuary.
People are waiting for home prices to come down and they will when the short sales and foreclosures hit the market.I t is not about the mortage rates its about home prices being to high.
When are those foreclosures and short sales coming ? And where and why do you think this will happen at scale?
Nope. Never coming back except for a day or two on business or to board a cruise ship. CA is turning in a lawless landscape.
Some parts are bad but I wouldn’t paint the whole state bad.
Million dollar question do we have to sit together to sign him out? I’m dreading that.
Definitely not You guys can sign seperate
If 3% of the purchase price is less than 15k, can the remainder be applied to closing costs? Example: if 3% down is $7,500 - can $7,500 also be used to lower the required cash to close?
No, that is a great question tho. You’d have to ask for seller credit to cover the closing costs if buyer doesn’t have them.
If rates get a 5 handle on them within the next 12-18mo I'm hitting you back up for a re-fi Matt 🙌 be even sweeter if we still have 2-1 buy down 💲left to apply towards it. In the mean time we're aggressively paying down principle on a basis. Hoping we can knock off a $1k from the monthly payment upon re-fi. Holla at you when the time comes 🤝👊
Sounds good! You know I’ll be ready!
I dont get why people make such a big deal about interest rates. On a 200k house its the difference of less than 100 bucks between 7 and 6%. Here its about around $300. If you can afford thousands a month in montly payments, 300 is nothing. Unless we are talking 2% to 7%, people shouldnt be so caught up on a few points.
Man I keep missing these lives
All good brother
So the banks are collecting the interest in our money. I guess escrow is a good idea for those who irresponsible or don’t know how to invest. Really good for the banks.
Borrower gets paid that interest from most loan servicer
@@MattTheMortgageGuy ah okay, that sounds better. I’m sure they would turn around and loan that money out to someone else and collect interest on it.
Awesome video!
Thanks!
We were so caught off guard on the transfer and were never told at all on the loan transfer no notice on that no notice no letter from either company at all. We were changed with out notice. And ours is a va home loan too.
Never mind found it
I agree with your overall assessment of these types of loans but what do you do if you find yourself in a situation like me where I have a complicated medical issue that is keeping me from working and so I don't qualify for HELOC, Home Equity Loan, or even a Cash Out Refinance. I've seen dozens of doctors about my condition, even had a major surgery which didn't fix the problem and been out of work for almost 3 years now. I've used up almost all of my savings (mortgage payments, bills, living expenses, medical bills, etc) and close to being completely out of cash and living on credit cards. The only assets I have are my gun collection (which I'm in the process of liquidating) and the equity in my home (about $250K). So what am I supposed to do? I only have bad options to choose from including one of these terrible agreements until my medical situation gets resolved or I get approved for disability.
Terrible description of ACV. The face amount is the theoretical max you get, except you have to factor depreciation
CA is a crap hole...
What how much is insurance that someone that owns a house cant afford it. Mine is like $2600 a year or something
This guy just said oh you can get it it’s just gonna be prohibitively expensive. Thanks for clearing that up
Thank you MATT!! (13:01) Great perspective you’re sharing. CA homeowners insurance is not the most expensive in the US. I love the content & banter. Way to go Javier!! 💪✨
California is absolutely beautiful. But the people and government ruin it. Nobody is moving back to California unless they are actors for a film or in liberal politics.
Fk ca
Are you trying reverse psychology 😂
F*** California
38% of texas is Forrest?
No one is going back to California
Nobody?
Nobody regrets leaving oppression for logic and freedom unless they're unintelligent.
I would not live in the state of California for any amount of money!! Yes, it's a beautiful state, but the buck stops there! It's insanely expensive, your state is controlled by a dictator, and the taxes are insane as well.
I've done summers in the south and summers in California, California used to be really mild in the bay in the summer now even the bay gets brutal hot and Sacramento was always on the verge of unbearable during the summer for me but I think I would die if i spent a week there in the summer. Where i live now outside of California we have a few bad days and are more humid but way more tolerable than cali for me. Eureka is still pretty comfortable in the summer but anything south of tahoe is pretty much a no go zone in the summer for me. I honestly think as climate change gets worse and more people leave Cali the market in a lot of the hotter major cities is gonna absolutely tank and more of the Pacific northwest and the northeastern seaboard are gonna become totally unaffordable even in the rurual areas. Idk why tf anyone is moving to texas though aside from political ideology reasons cause that place will literally be death valley in 10 years if things keep going the way they are.
Don’t come to oregon
Yes, y'all head back to California. 😂
MORE BANG FOR THE BUCK MOVING TO MEMPHIS AREA!!!
Bs. No1 is going back to cali except Biggie
😂
That was L.L. I think
Nobody is going back. Shut up!😂
😂
Nah CA is falling..And I'm from the bay.
Yes California Dreaming was the song I would sing when I was in Missouri(aka misery) that was the first time I experienced snow. But also the first I experienced humidity. Let’s not talk about my time in El Paso. When I got back to California it was never hot or ever cold for me. Sweaters in summer and shorts in winter.
Typical mortgage person trying to look good for hs Realtor buddies who all work on commissions
People want to come back???
Awesome conversation Matt. I really liked your guest. I hope you bring him back in the future. Thanks!
Great info
I'm favoured $130k every 4 weeks! I now have a good house and can afford anything and also support my family❤
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance
She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.
I'm not here to converse for her but to testify just for what I'm sure of, she's trustworthy and best option ever seen.
Sure! She interacts on what's Apk using the digit below👇
+166