About Course
The Homebuyer’s Blueprint Vol. 1: The Purchase Process course is designed for individuals navigating the process of buying a home. Participants will gain a comprehensive understanding of the homebuying journey, from initial considerations to closing the deal, ensuring they can make informed decisions and confidently navigate the real estate market
What Will You Learn?
- Assessing personal and financial readiness for homeownership.
- Creating a budget and determining affordability.
- Understanding the real estate market and current trends.
- Exploring different types of properties and neighborhoods.
- Strategies for an effective home search based on preferences and priorities.
- Techniques for evaluating properties, considering condition and potential.
- Effective negotiation strategies for securing a favorable deal.
- Understanding the closing process and associated paperwork
Course Content
Course Introduction
-
Welcome
05:11 -
About MG
00:56
Getting Started
-
Intro
00:33 -
Mindset
01:40 -
Are you ready for homeownership?
02:54 -
Define your real estate goals (Create your American Dream)
02:51 -
Outro
00:54
PREPARING YOUR LENDER FILE
-
Intro
00:41 -
Income documents needed
11:45 -
Asset Documents
06:43 -
Supporting documents
03:04 -
How to calculate your income
11:41 -
How to calculate your DTI
10:08 -
End of the segment
01:36
THE PRE APPROVAL PROCESS
-
Intro
01:05 -
Pre Qualification Vs. Pre Approval
06:50 -
Origination Fees & Discount points
19:04 -
Whats the difference between Mortgage Brokers, Mortgage Banks, Commercial Banks
06:48 -
Choosing the right loan officer
06:09
UNDERSTANDING MORTGAGE PRODUCTS
-
Mortgage products intro
01:36
FHA LOANS
-
Intro To FHA Loans
03:18 -
Understanding Credit & Debt to Income Requirements
14:13 -
Down Payment & Acceptable Sources
07:58 -
Property Types Allowed For FHA Financing
02:17 -
FHA Approved Condos
09:22 -
FHA Appraisal Requirements
06:42 -
FHA Sellers Concession
05:15 -
Upfront & Monthly Mortgage Insurance Premium
08:06 -
How to find the max loan amount allowed in your county
04:22 -
FHA Rental Income & Self Sufficiency Test
08:36 -
Reserve Requirements
03:09 -
Non Occupant Co Borrowers (co signers)
05:33 -
FHA 100 Mile Rule
06:18 -
FHA student loans calculation
04:45 -
FHA Interest Rates
11:58 -
FHA Summary
04:56
CONVENTIONAL LOANS
-
Intro to Conventional loans
02:25 -
Understanding Credit & Debt to Income Requirements
11:02 -
Down Payment & Acceptable Sources
10:07 -
Property Types allowed for Conventional Financing
01:06 -
Understanding PMI
15:49 -
Understanding Sellers Concessions
04:58 -
Conventional Rental income calculation
11:50 -
Reserve Requirements
04:34 -
Non Occupant Co borrowers
08:08 -
When should I use a Conventional Loan
04:27 -
Conventional Interest Rates
12:53 -
Fannie Mae Home Ready Program
09:11 -
Freddie Mac Home Possible Program
05:21 -
Condo’s and Coops
08:08 -
Conventional loan summary
02:04
VA LOANS
-
Intro to VA Loans
01:18 -
VA loan eligibility ( min service requirements)
03:00 -
Certificate of Eligibility
02:11 -
VA max loan amount
04:04 -
Credit & Debt to income requirements
04:52 -
VA residual income
04:08 -
VA residual income
04:35 -
Property Types Allowed For VA Financing
01:03 -
VA Appraisal
03:19 -
Understanding Sellers Concessions
04:00 -
VA Student loan calculations
06:56 -
VA Rental income calculation New Lesson
02:54 -
Allowable & Non Allowable Fees on VA loans
02:15 -
Co Borrowers
01:48 -
Va Approved Condos
00:00 -
VA Interest Rates
03:14 -
VA loan summary
02:51
CONGRATS YOU ARE PRE APPROVED
-
Congratulations
01:22
TIME TO GO HOUSE SHOPPING
-
Interview with a realtor
40:57 -
Outro
00:34
HOME INSPECTION
-
Interview with a home inspector
36:17 -
Outro
01:01
PURCHASE SALES AGREEMENT
-
Introduction
00:41 -
Interview with an attorney
38:56
THE LOAN PROCESS
-
Intro
00:24 -
Update loan file
02:00 -
Loan disclosures
02:52 -
Understanding your Loan Estimate
31:20 -
Appraisal
25:43 -
Title Report
32:33
LOAN SUBMITTED TO UNDERWRITING
-
Role of the underwriter
04:59 -
Conditional Loan Approval
03:26 -
Back to underwriting to clear conditions
07:18 -
Understanding your Closing Disclosure (CD)
19:18 -
Closing Date
05:46
ASSET PROTECTION
-
Intro
00:56 -
Mortgage Protection Insurance
15:00 -
Estate Planning
17:36 -
Tax Benefits for Homeowners
22:31
BREAK BREAD MENTORSHIP WEBINAR’S 2021
-
Break Bread with MG The Mortgage Guy Mar 18, 2021
01:04:16 -
How to build & Use business credit to buy real estate with Him 500
01:09:19 -
Break Bread with MG The Mortgage Guy Feb 11, 2021
01:50:08 -
Self Employed Financing Webinar
51:12 -
Refinance Webinar 1/21/21
44:12
HOUSE HACKING 101 MENTORSHIP WEBINAR
-
HOUSE HACKING 101 MENTORSHIP WEBINAR
01:52:49
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