263: Will 30-Year Mortgages Disappear? With Caeli Ridge
Fannie Mae and Freddie Mac privatization could mean that the 30-year fixed amortizing loan - America’s favorite - disappears. Ridge Lending Group President Caeli Ridge a I discuss this and more. I describe the difference between primary and secondary mortgage markets. Mortgage interest rates have dropped more than 1% year-over-year. Learn what it takes for you to qualify for an income property loan today: down payment, credit score, reserves, and debt-to-income ratio. You can put 15%, 20%, or 25% down payment on an income SFH. We discuss the differences. 1) My FREE E-book and Newsletter at: GetRichEducation.com/Book 2) Your actionable turnkey real estate investing opportunity: GREturnkey.com 3) Read my best-selling paperback: getbook.at/7moneymyths __________________ Resources mentioned: Mortgage Loans: RidgeLendingGroup.com Wall Street Journal: How Fannie a Freddie Work MarketWatch: FICO Scores Higher Turnkey Real Estate: NoradaRealEstate.com eQRP: Text “QRP” to 72000 or: TotalControlFinancial.com By texting QRP to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message a data rates may apply. Reply “STOP” to cancel. JWB New Construction Turnkey: NewConstructionTurnkey.com Best Financial Education: GetRichEducation.com Find Properties: GREturnkey.com Follow us on Instagram: @getricheducation