Listen "Ep 132 Pt.2 Dodd-Frank And What You Need To Know To Protect Yourself When Creating Terms"
Episode Synopsis
On this episode we interview Russ O’Donnell and talk about the Dodd-Frank Compliance and The Safe Act. Russ O’Donnell is a licensed RMLO and HUD Certified Underwriter. He is also the CEO and Founder of Call The Underwriter, a company that helps private lenders and investors remain Dodd-Frank compliant. We talk about what you need to do when selling on creative terms and go over
Russ’s experience in lending.
Defining origination and underwriting and some examples.
The laws to consider when lending and borrowing money.
How Dodd-Frank can protect lenders.
What it means to screen someone’s ability to repay.
Specific guidelines for balloon payments.
Professional advice for those planning to become a lender or borrower.
Hope you enjoy, And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click HERE.
Russ’s experience in lending.
Defining origination and underwriting and some examples.
The laws to consider when lending and borrowing money.
How Dodd-Frank can protect lenders.
What it means to screen someone’s ability to repay.
Specific guidelines for balloon payments.
Professional advice for those planning to become a lender or borrower.
Hope you enjoy, And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click HERE.
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