The Accunet Mortgage Show (5/15/16 Episode)

This week on Radio 620 WTMJ’s Accunet Mortgage and Realty Show, President Brian Wickert and loan consultant David Wickert put Steve Ketelaar in the hot seat with a “lightning round” quiz that covers all the big questions pertaining to mortgage qualifications in today’s world. These are questions that the Accunet team is faced with on a daily basis, and as Brian and David will tell you, the answers vary drastically depending on the specific loan category in question.


The show delves into mortgage qualifications for these three loan categories:

• Government Loans – FHA, VA and USDA
• Conforming Loans – Loan purchases by or guaranteed by Fannie Mae and Freddie Mac
• “Other” Loans – Loans that banks hold in its portfolios and fund with deposits from bank customers, jumbo loans which might be purchased by real estate investment trusts, and privately securitized loans

After the quiz, Brian and David talk about why mortgage lenders need so much documentation when it seems obvious that the buyer is financially stable and well-qualified. David then takes a step-by-step reverse engineering approach to explain where loan money actually comes from and how that money gets to the closing table at the end of the mortgage payment process.
Whether you’re a longtime renter looking to buy your first home or a retired person who wants to get a better handle on your income level and savings, this week’s Accunet Mortgage and Realty Show offers professional insight to help you think through your options and make smart, informed decisions with your mortgage.
Listen to the full episode below, and be sure to tune in next week to hear Brian reveal focus group results that will shed light on why people are buying and selling and what they’re looking for in a realtor.

 [elementor-template id=”10109″]