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MYM #47 Linda Creswell - What is going on in the Mortgage Industry? Should I Refinance?
Manage episode 281811578 series 2852136
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With the current low interest rates have you thought of becoming a mortgage loan officer? Home buying is up, refinances are up, there is money to be made.
Linda the Lender started her entrepreneur adventure out of need. After 25 years of marriage she found herself divorced with three kids still at home, she had to provide for them and an $8 an hour job wasn't going to cut it.
Her story is very compelling, it is full of hope, strength and fear.
We talk about her story and how she was able to overcome her fear and become a very respected and successful mortgage loan officer.
We talk about the current lending situation. If you should refinance and at the end we talked about Forbearance (temporarily suspend your mortgage payment) and how it might affect you as a borrower.
Lots of great information on all fronts!
Enjoy
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