Mortgage Lending 101 - Buying a First Home or Refinancing?

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Name: Mortgage Lending 101 - Buying a First Home or Refinancing?
Date: May 29, 2020
Time: 9:30 AM - 10:30 AM PDT
Event Description:
Mortgage rates are at their lowest since Freddie Mac began keeping records in 1971.  Recently, rates and qualifying have changed dramatically.  Rates can change multiple times in a day.   What can you expect in today’s market?  Please join us for another Finance Friday to look at navigating these and other aspects of the home financing process. 

You will gain clarity around the following key questions:
  • What drives rates?
  • Why are they not lower?
  • Should I payoff my house?
  • What’s going to happen to HELOC’s in this market?
  • How will a forbearance on my mortgage affect my credit and ability to refinance?
  • Is rate the most important decision point?
  • What should I do if I plan to refinance or purchase?
Long time Chamber member, Ted Grose of 1st Mortgage Advisors has been a mortgage broker for over 32 years.  He specializes in residential, both forward and reverse, and small commercial properties.  Having both a real estate broker’s license and mortgage loan originator registration provides him with a complete perspective in your real estate transaction.  Ted’s mission is to identify what’s important to you and achieve those goals with you.  This is done by listening and becoming your trusted advisor.  This not only includes purchasing a home, but also restructuring a mortgage as circumstances or opportunities arise.  Your mortgage is as important a tool in your financial plan as other financial planning instruments.  

Ted is a Past President of the California Association of Mortgage Brokers.  He has been widely interviewed and quoted on consumer issues by: MSNBC, CNBC, KABC-TV, National Public Radio, KNX radio, Wall Street Journal, Los Angeles Times, San Diego Union Tribune, Sacramento Bee, Reuters News Service, amongst others.

Event Media:
**Please note, this will be a Zoom meeting. Be sure to have Zoom downloaded on your computer or mobile device prior to meeting.** 

Instructions for joining the call will be provided once registration is completed. 
Date/Time Information:
Friday, May 29, 2020
9:30 - 10:30 AM
Contact Information:
Chad Maender, Vice President
Free for Chamber Members & Not Yet Members
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