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Saturday’s: 9AM 1590 AM/97.9 FM KVTA
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Listen Live
Saturday’s: 9AM 1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
Mastering your financial journey is about having the right tools, leveraging knowledge, and steering towards informed decisions. In this episode, our host Michael Harris explores the effects of Fed interest rate hikes and the art of mastering smart borrowing. Michael shares insights that empower you to take control of your financial destiny, from understanding credit nuances to achieving homeownership. He touches on the changing dynamics of the lending industry, highlighting the importance of borrowing “smart.” Tune in now and join the journey towards financial stability.
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I want to know what kind of loan you have. Welcome to our audience here on News Talk 1590 KVTA and those streaming on KVTA.com. Our audience had our off weekend from K-EARTH 101, but they do listen and they do look at our programs. We post all of our programs on our websites. All of our past programs are there for your review, but you can just pick up the phone, give us a call, and have your very own program. 888-543-3980.
We’re going to introduce a new segment to our program. Rita Boccuzzi is going to be talking to us in our third segment, so we’d like to welcome her to the program. We’re going to be learning more about her throughout, but she’s going to be talking about money and she’s our safe money expert. It’s getting an education. I’m all about an education so you can make the right decision for you and your family.
Over the years, we’ve gotten a lot of people involved in paying off their debts sooner, eliminating needless interest because you are sending it out at the wrong time. I want to show you how you can do it better. It’s not more money. It’s doing it more efficiently to gain results. You can reach us at Radio@United4Loans.com. You can also call us at 888-543-3980.
United4Loans.com is our website. We’re approved to lend in California, Colorado, Montana, Texas, and the state of Washington. We’re getting results for individuals in these marketplaces, whether you’re in those markets already relocating in or out or you’re looking to purchase a new home. We’re working with a lot of builders in these markets. We’re doing construction, commercial, and financing loans. We’re also able to attach these to even solar and green energy results, and we’ve been getting fantastic results with that.
I’d like to talk to you about what your plans are. If you’re looking outside of those markets, I can help refer, or in some cases, I can write loans in 32 different markets under certain circumstances. Debt service coverage ratio loans will also allow me to get that job done. Check in with us. We’ll steer you right, we’ll let you know what you can and cannot do, and we’re not going to tell you something incorrect. I have been doing this now for over 36 years, 17-plus here on the radio in Southern California, and I want to help guide you through the process regarding your real estate life.
If you’re renting, you are making a mortgage payment. It’s just not your own. It’s your landlord’s. You are involved, but I want to show you how you can get involved and buy a property with 0%, possibly 3%, 3.5%, 5% down. You don’t need 20% down to buy a home. We’ve had individuals who have 0% down, get into properties and we are watching some of the fees and adjustments decrease when it comes to first-time home buyers.
We’ve had incentives coming through for first-time home buyers, saving lots of money. Whether you are a first-time home buyer or haven’t had ownership of a home, you could’ve owned a home, but maybe you don’t own a home and it has been at least three years. Maybe you had an economic event, maybe you had a bankruptcy, foreclosure, short sale, or other item, and you’re looking to step back in. We can talk to you about that. I want to show you what’s possible and maybe you’re going to pay less than you pay for rent now.
We were talking a lot about credit and previous programs and it’s so important. It’s a part of what you do. It’s the cost of buying money, but it’s getting an education and understanding of what’s going on with your credit. Prior guests have shared that over 60% of items on your credit or people who have credit, of course, all do, but 60% perhaps have errors on their report. It’s understanding what’s there and what’s misreporting. That’s important. We want to make sure that gets resolved and handled because if your score is not accurate, we need to make that change in difference.
In 2019, 6.1 million individuals got their first line of credit. 2019, not that long ago. That’s a lot of people hopping into the credit business of getting rated and whatnot and moving forward. In 2020, it was another 5.1 million. In 2021, 5.8 million. In 2022, 3 million more, that’s 20 million. Now, 59% of those was a credit card. It’s managing that debt effectively and understanding the usage of money that’s so very important. That’s what I like to bring to this program.
Doing that allows you to manage your obligations and keep your credit score well, so when you go to borrow some of the larger items like buying a home, leverage and get a loan. Doing what’s right with that loan and handling it effectively and having your financial GPS, we could talk more about that as well. I’d like to send you a couple of items.
We have a lot of young individuals who are getting started in their accredit history and they’re doing it right. A couple of different states now have made it part of financial literacy to get out of high school, which is very important to a great degree. Having people understand certain aspects rather than learning on the job, especially when it comes to money. That’s what it’s all about. It’s about education and money.
That's what it's all about. It's about education and money. Click To TweetWe’ve had hundreds of individuals call us, take a look at what I’m talking about, a link to items to save more money. It’s not more money coming out of your wallet. It’s doing it more effectively and correctly, just like the banks or the insurance companies would do. When you get an item, there are eight different principles, and generally, we can start with having a checking, a savings account, and $100 of discretionary money. We can start with that. I want to show you how you can effectively improve your credit score. Effectively transfer items, earn interest on your money, and not send money out to others too early. Also, earn that money yourself rather than let them earn it on you.
All these things and it doesn’t take a lot of change to what you do now or your lifestyle. It’s following that GPS you’re driving in the car right now. Many of you get directions, and some of you are still the old timers who say, “Just tell me, do I make a left here, right here?” You write it all down, I got it. Many of you are going on your smartphone or possibly in the car. You have your navigation device and you are following and it tells you where to go. If you make a left instead of a right, it’s going to say recalculate and tell you what to do.
I was working on my finances and some other items occurred. Incoming money came in and some other items came up that I had to enter, it recalculated the date on which all my items would be paid off. That recalculated and then it showed me the next 90 days of items, day by day, I need to do, whether I’m moving money from this account to that account, paying this item here, paying this over here, it was telling me exactly what I should do. If I decide I want to do something different or all of a sudden I’ve walked in, I found a whole envelope of money and I decided to pay down a debt and I do that, it will recalculate and then tell me what I can do to maximize my return even further.
Before I would pay for that extra thing, I would look to pay for the items that the GPS is telling me because that would be the most effective item. It accelerates that system even faster. It becomes a game, but it’s a game with your finances that you want to win and you can win. It doesn’t have to be that unknown. A lot of people don’t like numbers, I do. I put them in the middle of my desk. I handle them. I do that for you and my clients. That’s what I do.
A lot of people push them off to the left or the right, and hopefully, they go away. Some people may have that late payment. I don’t want you to have that late payment. I don’t want your credit score to go down. I don’t want to see a 5 or a 6. I want to see a 7. In some cases, people are upset when they don’t have an eight in front of their number on their credit score.
Although we’re talking about the 805 here, the 805 is a fantastic credit score. We want to make sure you are in the right frame of mind. It’s interesting. I was just thinking about it. We’re in the area here where you can actually have an 805 or an 818, but again, you could have a 661, and I don’t want you to have a 661 in that area code. We want to make sure your score reflects so you can get the right cost of borrowing.
Email me now at Radio@United4Loans.com. I’m waiting to get your emails and what we’ll do is I like to get you out a link, three links to start very quickly. You can get through them in less than ten minutes. I want you to take a look at those and understand the concept. Let me know what you think and then I’d like to send you three additional examples. After that, I’d like to schedule a time with you to input your numbers so you can see exactly what the program can do for you. It’s an incredible opportunity and I’d like to show you how you can save money.
You may say, “No, I handle the finances. I do it my way. I use envelopes. I use spreadsheets. I got this.” You need about fifteen minutes and you’re going to have a perfect financial partner. Let me show you how this program and opportunity can assist and make you even more efficient, so you can have time to do the things that you enjoy the most. 888-543-3980.
On the interest rate side, we’re still seeing fives as the front number. We’re seeing things going on with the marketplace reaction to the fed. We’re seeing what’s happening there. I still think another fed increase of a quarter is coming in March 2023. Potentially still one on the books for May 2023, but we’ll see. I’m not too much of a fan of that one. It’s going to be that and then freeze at that time.
We’ll be seeing nothing on Monday, but on Tuesday, we have the trade balance for December consumer credit. On the next day, on the eighth, we’ll have wholesale inventories. There is nothing on the ninth, but always the ninth is a day that lives in my mind. Those of you in this local market who were here back in 1971, remember February 9th, 1971. That was the Sylmar earthquake. We’re coming up on the anniversary of that again. We just passed the anniversary of the Northridge earthquake many years ago. A long time keep our fingers crossed all on that.
Back in 1987, it was the Whittier Narrows earthquake as well. We had that one back then. On February 10th, we have the University of Michigan’s consumer sentiment for February and the treasury statement for January. We’re going to take a look at what goes on in the economic news that lies ahead and make some decisions based on that with some of our consumers who are going through the loan process.
The goal is to save money. While you can’t necessarily get every dime, we’re going to do our darnedest to do so. Whether it’s saving a few hundred dollars or a few thousand dollars by waiting for till morning versus the afternoon or making some decisions midstream, we want to make sure your conditions and your files are effectively ready as fast as possible.
I don’t wait until the last minute. We will gather and then have disclosure appraisal as necessary, clearing title items, getting everything done, and we want to save you money on all terms with that as well. Making sure credit’s in the best position possible, if we can help influence scores higher, we will do so, so we can borrow cheaper and buy the money for less cost to you. We’re looking to secure that rate in the least amount of days possible, refinance, or purchase because the least amount of days gets us the best results.
Eight-day locks are better in 10 days, 12 days, 15 days, 21 days, 30 days, 60 days. Now, the easy way to handle things is, “I’ll lock you for 60 days. We’re set.” As interest rates have been going down to the lowest level since September of 2022, those people who locked in are now paying too much. That was a safe decision for them, but now that was at your expense. It’s somebody who’s actually watching the markets and taking care of it effectively that’s going to save you that money. Let us work a bit for you.
I was on the phone with some professionals in my industry and I use that term loosely sometimes, and the person said, “I got this loan and it took me all day to figure out what was the best lender and where to go and what to do. Is there an easier way that I can punch something in and something just tell me? I had to work hard.”
Poor baby, that’s what we do. We make sure you have the best results. I’m sorry if it takes a day, but that’s what we do for you. We want to make sure you have the best options with the best results, whether you’re using bank statements to qualify, tax returns, W2s, or partnerships. We want to know what we can do for you best, but we need you.
I want to know what you’re looking for in your purchase. What’s your goal, short term, long term, whether it’s a buy down, 3, 2, 1, 2, 1, 1-0, 1-1 buy downs, buying down the rate effectively for 1, 2, 3 years at a time. Maybe we’re saving money in the most opportunistic time, maybe your income’s going up. Maybe we can get that from the seller as a concession, look at market rates, and refinance later. There are so many things that can be done, but you need someone on the inside who’s looking out for you. Not just making it easy on them and having that be at your expense. That unnerves me.
As the owner, president, and CEO of a mortgage banking company, United Mortgage Corporation of America, it’s my mission to make sure you have an efficient journey throughout the process. You save the most money possible based on your personal and unique situation. It’s me understanding exactly what you have and what you’re looking for, so we can match it properly.
Whether it’s a mortgage banking loan on my warehouse line that then will be serviced elsewhere, or it’s a loan that I have to broker out, an ITIN loan, which we can do taxpayer identification loan for those who do not have a social security number but are here legally then working. I can get those loans done, but I don’t close those on my warehouse line. I will then send those out to investors and items and I have those prepared.
I have construction loans and commercial lending. We can do forward and reverse. We can help you with all things tied to real estate. We do have manufactured home loans. We can get those done, but there’s a difference between having a manufacturer or mobile home on a permanent foundation owning the land and then otherwise renting a space. Many of those circumstances based on not owning the land are consumer loans, not mortgage or real estate loans. We can discuss that further if need be. My goal is to make sure you’re prepared for the process, your credit scores are in the right spot, and you have the professional guidance you need from those who know what they’re doing and have the experience to show.
I have a broker’s license here for the state of California. I’m licensed as an originator in five states. I do loans. As far as listing selling, I do not list and sell. I try to stay in my lane and have professionals handle that aspect of the deal. I work well. I cooperate with others in that respect and they are the professionals when it comes to that process.
It’s about a 164-step process that they have as a real estate professional. They’re not just selling nothing. A good one has a lot to do. A lot of items one does not see. Just like in lending, you don’t see many of the things we do. If you were trying to do it yourself, you would not get that job done in the most efficient way possible.
I want efficiency. I’m all about efficiency, getting the proper things done with the right timing, whether it’s being a perfectionist to some extent as I am, but handling that for you and making sure you are being looked after correctly. With that said, we’ve received a lot of loan estimates in the past month or so as interest rates have been coming down, and people are still getting misquoted and paying too much. Whether you’re paying your current lender or the lender in the process they’re not your Valentine, you need to make a go away. Valentine’s Day’s coming up and they’re not your Valentine.
You need to make sure someone’s looking out for your checkbook and pocketbook and not just saying, “It’s okay.” That’s great. You can make my payment then. I want to make sure your numbers are right and moving with the times and market. Rates have been moving down and there’s been opportunity.
If you’re in the process of a purchase, make sure you’re paying the right amount. ’’ve told the story now several times, but during the Thanksgiving timeline, one of our clients was weighing way too much money. He was paying a higher rate and higher cost to close. We were able to save him on both sides of the scale, lower his monthly by lowering his interest rate, and also his closing costs to boot.
We got that job done during the holiday there, during two weekends, and we got it done and the existing lender. It was only a one-day benefit to OG. I’ll match it. To OG, we’ll have to get an extension because I have to submit it elsewhere. Whatever the case may be, there should have been a solution or someone looking out. I was able to move from a Saturday radio program to that week’s Thanksgiving to the next week’s closing.
It can be done if you handle an efficient process and you communicate correctly and you both have the same goal, which is your goal of saving money. If you want effective results, call right now. Your interest rate will vary based on your credit, your loan value, how much equity position you have, and your credit score. These are the items we want to understand. Credit reports have become a lot more expensive to run. I never lead with a credit report. I will have a conversation about credit. If you’ve pulled your credit, that’s fine. That will give us some ideas about where things are, but that’s what I want to know. We need to understand where you are when it comes to your real estate life. We want to see where you are when it comes to your credit.
You can look at your credit, understand and see where things are, and look at that every single week or, in some cases, every month. Right now, you can do that every week. FreeCreditReport.com, that’s a consumer. You have three different bureaus, but you have the FICO side of it. Then you also have the vantage side of it. You have different levels of your score, whether it’s the consumer score, a car score, or a mortgage score. Your scores will vary based on what you will see, but it will give you an idea of things that are not accurate. It will give us an idea of things that we need to improve upon. Those are the things we need to do.
FreeCreditReport.com, take a look. We want to see if you’re utilizing your credit cards effectively, whether you’re using them to a 30% limit or less. Once you get to 30%, let’s take it down to 18%. I’m looking at your effective use of credit. If you have 5 credit cards and one of them is full and the other 4 are empty, you need to spread it out a little bit. Maybe 1 spouse uses 1, the other spouse uses the other.
You use one for household purchases. Split it up the way you can. If you pay them off monthly, great, you’ll always have a balance. It’ll show effective use of credit and it’ll improve your score. If you owe more than 30% to the limit and you have available credit on others, we want to talk. I want to help effectively utilize your credit and give you a perfect financial GPS so you can maximize scores and decrease debt by eliminating interest, but you need to know first what it is you have.
I can run credit. I can do soft pulls on your credit three bureaus. It runs for maybe $25. A full credit report for the mortgage side now. On a brokering of a loan, it is about $63. If I was looking to run it through my warehouse line, about $36 to $50. It will vary. It will be different. My goal is not to spend your money. I spend your money the way I spend mine sparingly. I want value from my money and so should you. We want to take the right path, but it’s about communication, understanding where your goals are, where our goals are to close and do this effectively, and making sure we’re on the same journey.
That’s why I come to you on the weekends and talk about your real estate life, whether you’re getting started or have been doing it for a long time. As you know, things have changed. It’s not the way it used to be. You may even get an appraisal waiver on a purchase. The home inspection becomes very important. Now, on some loans, VA loans, in particular, you need to have that termite report. Those could be waived as well in certain cases.
I want to talk to you about the ability to borrow but also make sure you don’t have your foot on the gas and the brake at the same time. You want to make sure that you have money saved, but the money you’re saving isn’t costing you more money to do so. It’s very important. In some cases, you’re worried about job security, you’re worried about having that reserve as necessary, but if you work the right program, the right system, and the right opportunity, you can increase your reserves by paying off bad interest and do it at the same time. You can do that effectively and you can have all the algorithms in the world that will do that and compute that for you.
You want to make sure that you have money saved, but the money you're saving isn't costing you more money to do so. Click To TweetThat’s why when you were young, you bought a calculator. You could have figured it out, but it would’ve taken you a little longer. Let’s do something smarter, but the right input does it best for you. It’s about education, it’s information. At the very least, right now, you should not be earning 0.1% on your savings. At a minimum, you should earn 3%, 3.7% on an account you can access at any time without locking it up.
If you have any savings at all, let’s earn the right return. To also then talk about use of effectiveness of getting rid of interest. If you’re earning 3.7% but paying 15.9%, I saw one of my clients paying 29.9% interest on their credit cards. You’re talking about the foot on the gas and the brake at the same time. That’s it. It’s all about financial education. Joining us on this program, we have a new guest who’s going to be with us repeatedly because she’s all about safe money and expert advice when it comes to it. We have Rita Boccuzzi here. Tell us what you have for us.
Money, what does that make you think of? I’m Mamma Rita, I’m also known as Mamma Rita Money. I love to teach everyone that it’s no secret to be a money master. We all get the choice to take control of our money. It starts simply. There gets to be ease around your money, your money stories, so that you can do the best for your families.
It's no secret to be a money master. We all get the choice to take control of our money. It starts simply. Click To TweetI’d like to start with something called living benefits and the awareness around it because that is one of the top number one keys to ease with your money. It starts with just exploring, being curious, and asking questions. If you’ve never heard of living benefits, it is a way to protect your financial household. Say you have a mortgage on your home and something happens, like what happened to me. I am a cancer survivor of 12 years. You’ll have access to a big pile of money to make decisions on your medical care, your home payments, how you take care of your family, and whomever these plans are on, whether it’s us or our children, so that we can provide the best care for them for ourselves to take care of one another.
I call that taking leadership of our money. Again, it all starts with awareness, exploring, and being curious to learn a little bit more. Embracing learning new ways of thinking about money. If you are not where you want to be with your money now and you want to shift that, you get to be the change maker. There’s an exchange in life. Maybe you need to get outside of that comfort zone and stretch a little so that you can grow a little, bloom, and flourish. That may include your family and friends flourishing with you once you’ve got your money mastery down. It all starts with asking what’s possible for me, actually not for me, but for you and your money.
Acknowledging and embracing that and taking simple steps to start asking questions makes all the difference in the world. The other thing that makes all the difference is your attitude. How has your attitude been around money up until now if it’s not been so great, that’s okay. Start hanging around people you want to be like to create that shift.
Money is a currency. It’s that energy. Guess what? We get to create that energy. If we’re showing up positively with what’s possible for me and what’s possible for you, we get to shift everything. That means we’re in control. We take the shift, we are the change-makers, and we get to live a full life. I call that living a life of excellence around our finances to elevate when we’re in alignment. You can’t do that without action, of course.
If you want to learn a little bit more, just step in and start to ask questions. It doesn’t matter what anybody thinks because that makes you the smartest person ever because you have so much to grow from. I hope you start to grow. Take that step. Ask a money question that you want to ask a financial professional. If you want to know more, follow me on Instagram @RitaBoccuzzi and click the Linktree in my bio to see money resources and what’s upcoming. Ciao for now.
Thank you so much, Mamma Rita. It’s so much good information and it’s all about education. As I’ve been saying, it’s gathering the information so you can utilize it effectively going forward, whether it’s managing your current debt or getting in a position to understand what it is you’re stepped into or what it is you’re about to step into. It’s your relationship with money. It’s understanding your product, your environment and where you’ve been. Has money been an easy item in your past or has it been a hard subject?
As a kid, I always looked at money as a limiting factor in our household growing up, and I wanted it not to be. I was a business econ finance major in college. Probably had some influence there. I worked hard on doing other items as well to make me not dependent on others for going forward. I’ve been in the mortgage industry for many years. I graduated college, went right into it, and been a self-starter. I was never really a salaried employee, always a self-earner. I’ve had a lot of motivation and I was shaped by that.
I saw my father working a job, a family business job, where he was bringing home $300 a week. It was always very tight. Decisions were always very tight growing up. I wanted to always look for a better solution. We have these solutions and I want to show you what we can do. Whether you own 15, 20, or 30 properties, I want to show you how you can eliminate mortgages in four years as an investor. I want to show you that you can go from bankruptcy, foreclosure and short sale and improve your credit profile. I want to show how you can have homeownership for less than you’re paying for rent.
I’m excited to show you what you can do and what others are not showing you. Let me send you three easy text links or email links. No obligation. Take a look, let me know what you think. I want to know if we can set up a next conversation and then I can run your numbers and show what we can do together. Let’s go arm in arm on this and let’s make sure you’re on the other side.
I have a young lady with $85,000 of debt and obligations who doesn’t own a home. She is taking her debt from 15.6 years down to 3.4 years, and she’s amazed. As I mentioned in previous episodes, I hear from her regularly. She’s so amazed every month. She’s just so excited and she’s watching the debt go down. Let me show you how that could be done for you. Whether you’re one of these 20 million who started their first line of credit in 2019 or you’re someone who has had credit for years.
I want to show you what you can do to control your finances and have a perfect financial GPS. Mamma Rita Money will be joining us in various programs. She has a great site as well. You can go to FinancialResetting.com, where you can find her as well. Give us a call. We’ll lead you that way. Radio@United4Loans.com. I’m so excited as we have our journey here in 2022, seeing interest rates starting to move down again. Maybe they are not as low as they were, but they are moving down. We have opportunities ahead.
We’re having fun saving money. It’s always fun to have more money available. Of course, until the time that you have the right obligations and debts taken care of and you’re not paying too much interest to somebody else, then it frees up money even more. It’s not freeing up money so you can get into more debt. A lot of times in the mortgage industry, someone would refinance and say, “That’s great. Everything’s gone.” All of a sudden it comes back again. It’s a cycle that you want to try to break.
What I like to try to do is put you under a program, a system, or an opportunity that’s going to allow you to understand debt, how it works, and how you can be on the other side of it. Become the bank. Make sure you maximize every aspect of that item on your side of the feds. In general, when you look at that mortgage statement and write your check or pay online or wherever you make that payment, take a look at the breakdown of that mortgage. How much of a percentage is going towards interest? Are you paying more interest than principal? Chances are you are if you haven’t had that loan for several years.
I would like to show you my mortgage statement. Right now, I have more money going towards principal than interest. How’s that possible? I’ve eliminated a lot of these expensive interest items on the front side by working my loan more effectively, using the principles of money. Some principles can allow you to eliminate a year and a half to two years extra just by utilizing a home equity line of credit, even one with a higher interest rate than your current mortgage.
It’s not a requirement. It’s just another item that can be done additionally to reduce time. Two years, if your mortgage payment’s $1,500, that’s a lot of times. Ten months is $15,000. You’re taking down a lot of money. Right now, I’m on a path to save about $200 and $13,000 in interest. I’d like you to even have that or a portion or even more. Let’s run your numbers and see what you can do. You can easily understand this is going to become your ability to navigate finances and make decisions without any inference or thought.
You could also put them in if things come up and see what that does to your makeup. Whether you’re going from 10.2 years to 10.5 years because you decided on that vacation, it will show you what that item means to your finances. These things are important. I mentioned as you look at your current gas bill, not the car bill, but your gas bill for your home, and you look at your bill going from $90 to $200 or $100, going to $300, that’s a budgetary item that changes the makeup pending upon what you’re going to do during these higher usage times to then maybe going down to lower usage times comes spring and summer. It’s budgeting and understanding, and you see the effects of what this does to your debt and payoff.
It's budgeting and understanding, and you see the effects of what this does to your debt and payoff. Click To TweetIt makes you more aware. You get smarter with your decisions. You’re not living on pork and beans. You’re not changing your lifestyle. It does make you aware of certain items and certain things. It’s like what dad or mom always said, “Make sure you turn the light off.” You’re thinking about certain items, but these are costing you money in today’s markets and environment and it’s making the smart decisions.
I’ve been doing a lot of this stuff on my own for many, many years. I handle things very efficiently. I’ve always had, but I could sharpen it and do it a little bit better. If I have 1,000 decisions and I make 900, I still messed up 100. If I have a perfect financial GPS and something comes up and I input that item, it tells me the best way to resolve or go forward three months at a time.
That’s huge. It will change things to the nearest penny on certain payments, on interest items you owe where you can afford to pay this off. Let’s say you’re planning some vacation you want to set aside and you want to save a certain amount of money. You don’t want to use that money because you won’t have it then.
The system, the program, and the opportunity are going to allow you to preserve, save, and handle things effectively. That bulk amount of money for property taxes, maybe you’re coming up annually or twice a year, that vacation, or that payment that you owe on something. It’s going to be there where you can handle that effectively and not wonder where it is.
If you have a bonus coming or you have proposed items, this is going to allow things to be effective and make decisions that are right without regrets later on. Let me show you how it works. That’s all I ask now, no obligation. Radio@United4Loans.com or call 888-543-3980. I’ve received a few different emails from Radio@United4Loans.com. They say to send me the links.
Two things. I have their email, but sometimes the emails don’t tell me a name. Throw me your name. I at least have your name. If you like to throw in your phone number, that’s great. I’ll have it in my records. I’m not chasing, calling you and hounding at you. You are either interested or you’re not. This is for your benefit. I can send you the links and then touch back with you via text again, and I have no problem or the email. At least let me know your name rather than me put you down as your email, which may not indicate that.
Email me at Radio@United4Loans.com. Throw me your name and potentially your phone number. I’ll send you a link pretty quickly. There will be three links initially introducing you to the concept. Let me know if you understand, it’s about ten minutes of your time and I can send you additional examples. I’d like to schedule a time when I can also send you an item so I can get your information, run your numbers, and show you what can be done for you. It’s that easy. I’m willing to take this time because I believe in this opportunity, because I’m utilizing it myself.
I’ve seen tremendous differences between my first-time home buyers to my most experienced investors going up and down the ladder. It’s not just for people who have credit problems, it’s for very successful people, but getting even more successful right now under the tutelage of this opportunity. We have a gentleman who now owns almost 100 properties and over 40 of them are now free and clear. He’s leveraging, doing, and buying, and these mortgages are shifting off four years at a time. He’s got all this equity, all these doors of rent coming in and he’s doing very successful. That’s the direction he wanted to go.
It doesn’t mean that’s where you need to go. I want to make sure your ability to purchase is there. If you’re renting, I want to make sure once you buy, you’re handling that debt effectively. If your goal is to eventually not pay it all off faster but leverage to buy additional property and gain more wealth through real estate, we can do that. The goal is to go in the direction you want to head, but head in a direction rather than going further behind. My goal is to gain knowledge of what your goals are. What is your why in life? What are you trying to do? You are just trying to hop through and hopefully, the debt doesn’t gobble you up.
I want to show you what you can do to be efficient and then go forward and save. 888-543-3980. Go to YourRealEstateLife.com or United4Loans.com. You can email me at Radio@United4Loans.com. We’ve had people who want to send in their mortgage statements, so I can evaluate that to see if there’s anything more efficiently we can do. I’d like to know if you have any other debts as well. Right now, your mortgage rate might be a good one, but if you have other debts and obligations, it may not be. Those are the things I’d like to evaluate. When you send that to the statement at United4Loans.com, I’ll get it.
I’ll also run a ten-page report on your current property or a property of interest, and that way you can see what’s been going on in that past, present, and future. I’ll do that with the email to statement or if you just don’t want to send me that statement and you just want to report, I designed another email Report@United4Loans.com. If you want to send that to that, that’s great. I’ll send it back to you. Just throw me the address of the address you want me to run, and I’ll send it back to you. No obligation. I’d love to write your next home loan. Love to help you, your family and your friends. I’ll take your enemies too.
I want to help guide you through the process in the most efficient way possible. It is understanding what you can do to save money. It’s about getting the job done most effectively and saving money. You do what you do best. I like to believe and I know this is what I do best. Let me be on your team. Let me be your teammate. Let’s move forward together and understand what we need to do on our journey to borrow and the least cost possible. That’s our goal. I hope that’s your goal because that’s mine.
I’ve been doing it for many years for my clients. I’m in the fourth generation of two of my clients, and that’s special. I’ve seen the family and their progression. I’ve seen how they handle things. I remember working with them. I’ve had others whose loans I’ve handled when they got married. I’ve seen their children. I’ve now handled their children’s loans. Two generations in. It’s special. Bringing this solution, this financial navigation system, and financial GPS to my present clients and potential future clients is very special. I want to make sure that you have every single tool at your fingertips. That’s what it’s all about.
I am president and CEO of United Mortgage Corporation of America. I’ve been doing this now for over 36 years. I’ve been on the radio for more than seventeen years. I’ve been doing this for a long time, navigating people through the process. I like to think I know what I’m doing. When I got started, my kids were young.
I’ve gone through the stages of watching them grow up and being involved at their school. I have one child out of college and another in senior year of college. Where does the time go? They’re starting their journey, finding their career job. One is looking to go to graduate school. Still on that journey, but it’s getting them out of the nest and independent and understanding the meaning of money.
My youngest is on top of her finances. She’s been paying her car insurance or car payment. She’s had an auto lease now. She has a loan, ownership, and equity. She’s been making those responsible items and payments, and we’re handling her items when she’s home from school. It’s fantastic. It makes me warm and fuzzy because she understood the life lessons given to her and understood that she could be independent, handle her items, and not rely on somebody else.
That’s what I like to entrust and give to you, maybe doing something just a little bit different and maybe just a little bit better and saving you more money. I mentioned warm and fuzzy. It makes me warm and fuzzy when I see that epiphany, that moment when somebody sees what can be done and why no one told them this before. Why not? Why wasn’t this brought to their attention? I don’t know, but I’m bringing it to your attention now. It’s up to you to do something about it.
If you email me, I will send you a couple of links to look at and know that your information is not being bought, sold, or sent somewhere else. The credit industry’s having a fun time with that right now, and I have a way for that as well. I want you to get in touch with us and I want to get you on a list. You’re not going to be called or solicited any further for the lending side. A lot of people apply for a loan and then they get called by 30, 50 or 70 people in the next 2 days. I want to make that stop.
I’m not big on running credit initially, but we can run a soft pull on your credit, which doesn’t spark anything. Once you’re looking to go forward, we can run the hard pull. In that period, we already have it that you are not going to be solicited or called because your items can be processed, which takes about five days from going on board. If you just want to get on that list, I can help you with that as well. Email me at Radio@United4Loans.com and I can send you that information right away.
It’s all about protecting you. It truly is. You just don’t know where it’s coming from. Every day, I see something else happening between guidelines changing and taking from this one to help pay for that one. OG, after this time, it’s going to be more expensive for this, your debt to income ratios. Now, you’re going to pay more if you have a debt-to-income ratio over a certain number versus this before they’re going to be splicing and dicing.
The bottom line is numbers don’t lie. The cost per 1,000 of a loan. Every $1,000 of a loan costs a certain amount of money. If you’re looking at a 3% rate, which it used to be, it was $4.22. 4% was $4.77, 5% was $5.37, 6% was $6, 7% was $6.66, an evil number. We’re no longer at 7% anymore for most. We’re back in the 5s. We’re somewhere in between that $5.37 and $6 per 1,000 of loan. Your results will vary based on your unique situation, but my goal is to take each of those, sharpen the pencil, and get them to the best numbers we can. Are you game? Are you ready to play? I am.
We have a lot going on. We got football too. We’re down to what, two teams now. We got that coming around the bend of who’s your team? Right here locally. We’ll see what happens with that. I’m excited about that. It’s always fun to have a good game. Make sure every team is very healthy, though you don’t want some advantages because of it, but that’s part of the game. Only one team finishes on top. In this case, is that going to be you with your finances? I’m Mike Harris, president and CEO of United Mortgage Corporation of America. I hope you had a good time now. Check out our website YourRealEstateLife.com. Until then, what loan do you have?
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I was looking at an item. As of 2004, 90% of US households had landline phones. By 2008, it was 80%. By late 2010, it was 70%. By the mid-2013s, it was 60%. In 2015, 50% of households. In late 2018, the percentage went down to 40%. By the end of 2021, only 30% of you have landlines. At this rate, by 2030, there will be no more landlines left. What’s going on with the radio? You’re listening now. I appreciate you being here, but that’s changing as well. We’ll talk next week. What loan do you have?
