Mortgages!
Get ready for an episode inspired by 'The Big Short,' a film that unveils the players who predicted the 2007-08 housing crash and capitalized on it. We'll peel back the layers and uncover how mortgages function as loans for property purchase or refinancing, with the property itself as collateral.
In this episode, I demystify the intricate world of banking, where institutions profit from interest, fees, and selling mortgages to investors. From various mortgage types like FHA, VA, and USDA loans to tackling the challenges of short-term rentals, we break down concepts that empower you to make informed financial decisions.
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Join us as we navigate the world of mortgages, banking, and real estate, arming you with the knowledge to thrive in your financial endeavors. π¦π
Mortgages!