Jet Jargon Current Market, Pool Loans, Renovation Loans

Today is going to be one of our Jet Jargon episodes with our guest Chris Austin, a former marine and my teammate here at Jet Loans, and one of our newest recruits Zack Hendrickson in this episode we are going to talk about the current market, pool loans, renovation loans and many more.

Let’s dive in and learn more about various types of loans and the current market.

[00:01 - 06:15] Opening Segment 

• I welcome today’s guests, Christ Austin and Zack Hendrickson.
• Chris talks about pool specific products and loans.
• The down payment of the pool loans and other products.
• Pool renovation refinances

[06:16 - 18:09] VA loans Benefits

• Zack talks about the benefits of having the pool and renovation loans 
• Chris and I talk about some false assumption of the VA loans 
• Va loans benefits.
• The importance of home inspection 
• Lender’s standpoint on new construction vs. pre-existing costumers.

[18:10 - 22:00] First Time Home Buyers

• Federal Housing Administration (FHA) loan.
• Some insights for first time home buyers.
• Conventional loan vs. FHA loan on mortgage insurance
• Benefits on conventional loans.

[22:01 - 33:01] Discount Points 

• The benefits on paying with discount points on mortgage.
• Interest rate on today’s market.
• Chris talks about the current market situation.
• Giving clients recommendations.
• The increase of the offer in the market.
• The challenges for first home buyers in current market.

• Final words

Tweetable Quotes:

“One of the big differences between new construction and pre-existing is the relationship with the client.

!” - Chris Austin.

“Personally I know I'm in the minority I personally always present discoutnn points because i want them to see the benefits of paying with discount points.” - Chris Austin.

“Just listen, the client’s going to tell you everything that you need to know, the key pieces of information” - Chris Austin.

You can reach out to Chris by texting 904-881-4690 or calling 904-479-7509. You can also email chris.austin@jethl.com or check out his webpage to know how he can help you with home loans. 

You can reach out to Zack on LinkedIn. 

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The content in these videos and posts are for informational and educational purposes only. The information contained in the posted content represents the views and opinions of the original creators and does not necessarily represent the views or opinions of Townebank Mortgage NMLS: #512138.