Great conversation and education I am having several times a day with current home owners. Making sure the goals of being able to pay down or pay off the balance on the Home Equity Line of Credit or second mortgage that has an adjustable rate. The market is presenting a perfect storm of high real estate value and mortgage rates unseen since December 2017!!! Great time to review if your goals match your finances. Again there is nothing I can sell you. There is no pressure. I am very passionate in my profession as a Loan Officer to ensure my clients have peace of mind. It all starts with a phone call answering a lot of questions. Thank you. Keith Akada 206-601-3426

Daily Journal of a Seattle Loan Officer

Home Equity Line of Credit, don’t get caught when rates rise!

Super excited to put together a series of pre-recorded screen shares to review various financing options that may fit your situation when you are thinking of buying a home. Stay tuned to all of my social business on Facebook, Instagram, Twitter, Google Business and www.themortgagereel.com

Intro to a new series of loan option scenarios, each presented in a pre-recorded screen share!

Right timing to buy a home in a changing market can be a debate without end. In reality it is based upon the goals of the buyer. Long or short term goals? Is there a strategy in place? Is a paper loss in value to overwhelming to their mindset? I share more on today’s podcast of how I advised three clients with this question.

Is it the right time to buy a new home?

Why? In 18 years of mortgage finance I have experienced thousands of scenarios to structure a mortgage for clients. Each time I find mortgage is like a mystery where it feels like a client has some distrust to start the conversation. Then as the relationship builds it transitions. LOL much like a personal relationship. But with mortgage there is so much unknown I looked to see if there was anything like this out there. For anyone who is looking to buy a first home, buy up to a larger home, downsize, invest, refinance for lower rate or payment, refinance due to divorce or cash out, the scenarios are almost endless. To be successful it is all dependent upon the knowledge and experience of the loan officer. This is why I felt it would be relative to connect the dots for anyone interested in a mortgage. Thanks for reading. I hope I have a podcast soon that you relate to.

Journal of a Seattle Loan Officer introduction. Read about my Why in the description.

Sharing daily scenarios and interactions of clients who are purchasing, investing or refinancing a home. Challenges, successes, underwriting, loan structure, strategy, the do’s & don’ts and more. Relative to what people face in home ownership financing.

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Daily Journal of a Seattle Loan Officer

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