Episode 20: Buying a House (Part 2)
This week is our spooktacular Halloween episode where we are continuing our discussion on buying a house. Pretty scary, right?! In part two of our “Buying a House” mega episode, we are breaking down how mortgages work today and the standards that exist because of the Housing Bubble and Financial Crisis of 2008. We also have a guest segment today. Nancy Krahl, Bank Mortgage Officer at Bank of Bartlett, will help us further understand what underwriting is and the key items banks look for when giving you a loan. Tune in to learn about escrow, interest rates, amortization, different loan types…
The skinny
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