Send us a textIn this episode, we dive into the world of mortgages with a focus on the 40-year mortgage and the intricacies of mortgage insurance. Our guest is Glendon Grose, a mortgage industry veteran and expert from Movement Mortgage, who shares his knowledge and insights on these important topics.We start by discussing the basics of a 40-year mortgage, including how it differs from a traditional 30-year mortgage and the pros and cons of opting for a longer loan term. Glendon also sheds light on creative lending options that can help homebuyers who might not qualify for a traditional mortgage.Next, we tackle the often-confusing topic of mortgage insurance. Glendon breaks down the different types of mortgage insurance, when it's required, and how it can impact the overall cost of a mortgage. He also offers tips on how to avoid mortgage insurance altogether or reduce the cost if it's necessary.If you're looking to buy, sell or invest in real estate let's chat: schedule/nickbushtherealtorGet your FREE Buyer or Seller Guide Here! Free Guide🚨 If you're thinking about downsizing, relocating, or need to sell a property because you’re divorcing. Schedule a time for us to chat - https://calendly.com/nickbushtherealtor 🚨If you want to chat more about today’s podcast topics, drop a comment down below or shoot us an email [email protected] ✅ Subscribe to our network: https://theaddressdmv.com/✅ Subscribe to the podcast: Real Estate Explained Podcast 📲 Call/Text Direct at (202) 255-9560📲 Email: [email protected] or [email protected] 📲 Social Media: @NickBushTheRealtor & @t_d_homesPodcast Intro  Follow us Leave a review  CMA

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