Episode Synopsis "Age, Race, Ethnicity, Marital Status, Gender?"

Did you know that you can be 100 years old and apply for a 30 year home loan? Don't worry, most consumers don't. Your personal demographic doesn't change the opportunity or terms of financing you'll receive. Throughout my career I've had older individuals say "I'm XX years old, I'm sure I can't qualify for a 30 year loan", and I get great pleasure informing them they can if they qualify based on their finances. This is one example of many. I cover the demographic topic in this episode and dissect how lenders use your personal information to lend. Knowledge is Power - Enjoy this dose!

Listen "Age, Race, Ethnicity, Marital Status, Gender?"

More episodes of the podcast Finance with Fernando

• Secret Credit Score Information You Need to Know Today!
• The Love/Hate Relationship between Landlords & Tenants
• Unwinding with CBD: Enhancing Sleep, Easing Anxiety, and Smoothing Your Home Search
• Real Estate in Beverly Hills, New York - Interview with Elka Raved (Douglas Elliman Agent)
• Real Estate Mastery: Insights from Matthew Valvano (Berkshire Hathaway)
• The Mortgage Industry's Best Kept Secret
• Why are you waiting?
• I Don't Think People Understand...
• Temporary Rate Buydowns - What You Need to Know!
• Biden Administration Cuts FHA Mortgage Insurance - Helpful?
• Pay CASH for a Million Dollar Home!
• What Documents are Needed When Applying for a Home Loan?
• The Retired Tax Assessor Episode - Collaboration with Richard O'Donnell
• How to Prevent Wasting Money on a Property Inspection
• The New Year Episode - What 2023 has in store for Real Estate
• Is 2023 the Year for First Time Homebuyers? What you need to know...
• Income, Assets, Credit - Part 3 - Credit
• Income, Assets, Credit - Part 2 - Assets
• Income, Assets, Credit - Part 1 - Income
• Real Estate Crash or Correction? - Interview with Rahhim Shillingford
• Inflation - How to Navigate Rising Rates and Higher Home Prices
• Anthony Lise & Jeff Green Interview - Winning a Bid Without Paying Cash!
• Jeff Green from Compass Interview - 1st Quarter 2022 Update - Make your Offer Count
• Why Honesty is Important When Applying for a Loan
• The Pros & Cons of Buying/Selling in a Holiday (Winter) Market
• Preparing for Home Ownership - Q&A with Dizzy Parker
• Renting Vs. Buying Real Estate (2021 Market)
• How to Prepare for Closing - Timing & Expectations
• 3 Tips to have a Low Down Payment in a Seller's Market
• Maverick Mindset - Out of the Box Offers in a Seller's Market
• Steven Markowicz Interview (Ryan Serhant Team) - City Living with COVID in 2020 and Beyond...
• 2021 - What are current mortgage rates and where are they headed?
• Age, Race, Ethnicity, Marital Status, Gender?
• 7 Tips to Stay Organized and Own Your Day! 🧾✅
• The Patience and Understanding Episode ⏳
• Renting vs. Buying Real Estate - The Age-Old Debate
• How & Why I started my mortgage career...
• Seller's Concession vs. Seller's Credit
• COVID-19 and Housing Rates
• Self-Employed Borrowers - What you need to know...
• 2020 - Goals, Not Resolutions
• Interview PROfiles with The Serhant Team (Jennifer Alese and Ivy Kramp)
• Co-op vs. Condo: What You Need to Know in 2019
• 10 Questions to ask a Lender
• What Happens When You're Approved (or Denied) for a Loan
• Short Sales & Foreclosures- 2019
• Interview PROfiles - Brittney Secreto (Financial Planner) - 2019
• The difference of a pre-qualification vs. a pre-approval
• The Commission Life and Saving
• Proper Expectations for Real Estate- 2019
• Opinions of the Mortgage Process - 2019
• Closing Costs
• Credit (Part 3 of 3 Miniseries)
• Assets (Part 2 of 3 in Miniseries)
• Income (Part 1 of 3 in Miniseries)
• 10 things NOT to do while applying for a mortgage
• Your Interest Rate vs. APR
• Mortgage Mythbusters - Mortgage Bankers vs. Brokers
• Interest Rates
• Loan Sizes/Types/Limits
• What is a Mortgage?
• Finance with Fernando - Pilot
• Finance with Fernando (Trailer)