Manage episode 268052011 series 5499
The Mortgage Coach software was designed to help people analyze the mortgage as a part of the asset. Dave Savage and Jason Hartman walk through the four essentials that every family should know when getting into mortgage debt. This episode builds your strategy and understanding of mortgage as an investor or for your residence. Stay tuned for a quick walk-thru of refinance options and buy-downs.
[2:25] Start with Why? - Simon Sinek
[3:30] The four essentials that every family should know when getting into mortgage debt.
[5:45] How can we become debt-free faster, or invest the difference?
[9:10] Refinancing options.
[13:30] Breaking apart buy-downs.
[14:45] Points are just interest. You can pay interest in advance or monthly. When is it economically smart to pay points.
[19:00] Go beyond the rate sheet that your loan officer gives you to calculate your wealth potential.