Nov 13 2023 25 mins
The Perfect Property Podcast
With Host Juli St. George
GUEST: Daniel Palmer, Loan Originator with Shelter Mortgage
Summary:
The passion is unmistakable when Host Juli St. George welcomes Daniel Palmer, a loan originator with Shelter Mortgage, on this episode of The Perfect Property. What are they so passionate about? Getting people out of “perpetual renter” status and into owning their first home. These two real estate experts are challenging us to ask: Why am I paying someone else’s mortgage instead of my own? Worried that your iffy credit or student loans put dreams of homeownership out of reach? There are things you can do to work around whatever stumbling blocks and position yourself to buy, even in an environment with higher interest rates. You’ll learn about fantastic programs that Shelter Mortgage has partnered with KellerWilliams Realty
to make widely available and attractive to first-time homebuyers. The key to getting there is coming up with a plan – and then executing on it, step by step. That’s where trusted real estate advisers like Juli and Daniel come in. They will work together with you to achieve your dream!
Want to find out whether you can pre-qualify for a home loan? Visit Daniel’s website to complete an application at this link. Or give him a call – anytime day or night – just to chat about it and ask questions. Just click here!
If you have any questions or suggestions for future episodes, please visit Juli St. George at her websiteor reach out via phone by clicking here.
You can also subscribe to, rate and review The Perfect Property’s entire archive of episodes by visiting this link or searching for Juli St. George on your favorite podcast streaming platform.
What You’ll Learn:
· Navigating the Higher Interest Rate Environment: Daniel weighs in on today’s real estate market and keeping your loan pre-qualification current so you’re ready to strike!
· Debunking a Myth: Why it’s not necessarily a seller’s market and interest rates aren’t actually all that high historically. Perception is not reality!
· The Long View: How waiting for an elusive reduction in interest rates can cost you in sacrificed home equity.
· The Truth About Down Payments:
o Down payments of 20% are not required – at all!
o There are all kinds of state- and city-sponsored programs to help you locate the down payment that’s right for you. Find out more and get assistance here.
· Getting the Help You Need: Daniel shares highlights from a recent town hall event that highlighted both a close alliance with KellerWilliams and a unique program.
· Learn All About Freddie Mac’s BorrowSmart Program:
o It’s geared towards first-time home buyers.
o Prospective buyers will qualify to receive $3,000 or more if they meet three requirements:
§ A 3% down payment.
§ Complete 1-1 home ownership counseling.
§ Qualified income less than or equal to 140% of the median local income.
https://linktr.ee/julistgeorge