Interview with Ryan Obermeier, VP of Mortgage Lender At Guaranteed Rate Affinity. We went over the Residential Real Estate Financing during Covid -19 Pandemic and answered the following questions.
- How has Covid19 changed the application closing process?
- Is there any change in the number of loan applications since the beginning of shut down?
- What’s your advice for the first time home buyers preparing to purchase their first home?
- Can you pre-approve a client without meeting with them face to face?
- Have underwriting requirements changed with the progression of covid19 and how so?
- VA loans – special offer for VA loan borrowers.
- When do borrowers pay mortgage insurance? Are there any ways we can avoid it?
- We know that a lot of people took advantage of Forbearance, is there anything we need to be careful about it?
- What are your thoughts on the interests rates, up/down/stable?
I hope you found it useful. Every Friday I am going to host another interview with an allied resource that will help my clients during the commercial real estate transaction. Don't forget to follow us at Mylocationadvisor Facebook page. I look forward to seeing you at ıur future events.