Starting with no savings and bad credit, many people wonder how to buy a home. This video shares insights on how a first time home buyer can navigate the home buying process, even when feeling stuck. We explore how to save money and offer homeownership tips for anyone looking to achieve financial literacy. Don't forget to subscribe to my channel 🙏🏾
00:00 Buying Broke Warning 00:27 Five Reasons Overview 00:50 Reason 1 New Household 01:14 Reason 2 Kids and Family 01:42 Reason 3 Job Relocation 01:58 Reason 4 Divorce Reset 02:18 Reason 5 Downsizing Cycle 03:10 Emergency Fund First 03:59 Plan to Stay 5 Years 05:14 Kill Consumer Debt 06:08 Down Payment Strategy 07:59 How Much House to Afford 08:46 Rent to Price Math 09:38 Wrap Up and Next Steps 10:19 Consultation and Outro
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✖️ 𝐂𝐎𝐏𝐘𝐑𝐈𝐆𝐇𝐓 𝐍𝐎𝐓𝐈𝐂𝐄: This video and my YouTube channel contain dialog, music, and images that are property of "Lend2USA." You are authorized to share the video link and channel and embed this video in your website or others as long as a link back to my YouTube Channel is provided. @Lend2USA
— DISCLAIMER — Robert Lewis is a Federal Mortgage Loan Originator (NMLS 180100) licensed in all 50 states with an Equal Housing Lender, American Mortgage Bank, Inc. (NMLS 1151140). Separately, Robert owns Lend2USA, an education company. Lend2USA is not a lender, does not issue loan qualifications, and does not extend credit of any kind. This video is only for educational purposes. All calculations should be verified independently. This video is not an offer to lend and should not be used directly to make decisions on home offers, purchasing decisions, or loan selections. It is not guaranteed to provide accurate results or imply lending terms, qualification amounts, or real estate advice. Seek counsel from a licensed real estate agent, loan originator, financial planner, accountant, and/or attorney for real estate, legal, and/or financial advice. American Mortgage Bank, Inc. is not affiliated with the VA, FHA, or any other government agency. This video has not been approved by any government agency.
American Mortgage Bank, Inc 3401 NW 63rd St, Suite 620 Oklahoma City, OK, 73116 amortgagebank.com 405-283-8800 NMLS 1151140 Equal Housing Lender
