• Mortgage-free, tiny home on a housekeeper's salary

    Johnny Sanphillippo has never made more than $20,000 per year (he works as a housekeeper, as well as, a gardener and house painter), but he knew like "any other American" that he wanted to own his own home. When he talked to bankers about qualifying for a home loan, "they look at you and their eyes glaze over and you realize, they're going to give me a lollipop and send me home, which is pretty much what happened". So he decided that if he went far enough away from his hometown of San Francisco he could find something he could afford to buy with cash. He finally heard about a deal in Hawaii (back when oil was cheap and airline tickets were $99 from SFO) and for $3000 cash he bought himself an empty lot in a failed subdivision on the Big Island. Without a loan, he knew he couldn't afford...

    published: 26 Feb 2012
  • How Much of My Gross Salary Should I Pay for a House? : Financial Planning Tips

    Subscribe Now: http://www.youtube.com/subscription_center?add_user=Ehowfinance Watch More: http://www.youtube.com/Ehowfinance The exact amount of your gross salary that you should pay for a house depends on a number of factors. Find out how much of your gross salary you should pay for a house with help from a financial planner in this free video clip. Expert: Karen Lee Filmmaker: Edward Castner Series Description: Making money is one thing - saving money and making sure you're getting your full dollar's worth on a purchase can sometimes be something else entirely. Get money related tips and find out how to make the most for your money with help from a financial planner in this free video series.

    published: 15 Jan 2013
  • How Much Does A Mortgage Broker Make? (Ep172)

    How much does a mortgage broker make per deal and how much do they tend to make per year? Mortgage brokers are paid on a commission basis from the banks or the lenders that supply you with your loan. So how much do mortgage brokers make? We are going to break this into two categories, firstly, how much they make per deal and secondly how much they generally make per year. Today we're talking about mortgage brokers and more specifically how much they make per deal and how much a mortgage broker tends to make per year. http://onproperty.com.au/172 - Visit the site for a full transcription and downloadable audio version of this video. ------------------------- Get More OnProperty All Over The Internet Podcast (iTunes): http://onproperty.com.au/itunes Podcast (Stitcher): http://onprop...

    published: 28 May 2014
  • Loan Officer Salary

    http://www.loanofficersalary.net Learn what an average loan officer's salary is and what education is required to become a professional loan officer. More detailed career information can be found at the link above.

    published: 10 May 2012
  • How do I get a mortgage on my current salary?

    Our Mobile Mortgage Manager, Sara, explains what factors influence what you can borrow. Buying a new home can be daunting, so if you're a first time buyer or moving home, we want to answer all of your home buying questions. Speak to one of our mortgage advisors or start your mortgage application online in 3 easy steps at http://goo.gl/9yRKvC

    published: 06 Oct 2014
  • How Do Mortgage Lenders Qualify Your Income?

    How much do you make a year? This is one of the first things a mortgage lender will ask and one of the top 3 things that they really care about on a mortgage application. Why? Because this is what is going to tell them how much you are worth. Sounds shallow and harsh but its a reality. No one likes to be working pay check to pay check and the banks dont like making you live that lifestyle either. Morally it isn't good for PR but also, if you are walking that close to the edge every month then the chances of you missing payments becomes greater. If your cars engine konks out then you may have to skip your mortgage payment in order to get it fixed or you could get the flu for 4 days and take time off work which makes your short this month, and so on. Basically, this situation ...

    published: 02 Mar 2010
  • How to Apply Home Mortgage Loan With Low Salary - Mortgage Loan Video Reviews

    It's may not so easy to apply Home mortgage loan with low income or lower salary but here is some strategy to to apply. - Be looking with a stable jobs - Be Looking Loyalty Lender - Be never over 50% of your salary - Deeply discus and built relationship with lender for first assessment. See more: https://goo.gl/Zamkb2 Related mortgage: https://goo.gl/mQ6zpL

    published: 07 Oct 2016
  • Self-Employed Mortgage - Using Net Profit vs Salary + Dividends

    A problem for limited company directors considering a mortgage is high personal tax bills and reduced mortgage amounts. This is because high street banks prefer to use your salary and dividends to calculate how much you can borrow. I know through my own personal experience is there is another solution for you. Using Net profit, please let me know what you think of the video. (your home maybe repossessed if you do not keep up repayment on your mortgage) If you want to find out how much you can borrow then please get in touch, I'll be more than happy to help.

    published: 17 Apr 2017
  • The 5 biggest struggles with a loan officer job

    http://www.hardcorecloser.com/the-5-biggest-struggles-facing-a-loan-officer-job-in-2013 Recently I surveyed 100 producing Loan Officers across the USA to find out what the biggest struggles that we are facing on the loan officer job today. I was shocked to find out the top 5 answers to the biggest struggles faced on a loan officer job. In this video I will go through and discuss these in order to attempt resolution.

    published: 26 Feb 2013
  • The Salary You Need to Buy a Home In 27 Metro Areas

    HSH.com has come out with a report on the minimum income required to qualify for financing on a median-priced home in 27 U.S. markets and nationally. Find out how your income and your city measure up by watching today's Real Estate Minute.

    published: 24 Mar 2015
  • How Do I Verify My Income If I'm a Salary/Hourly Employee?

    Colton and Alex discuss the procedure for verifying the income of a salary/hourly employee in regards to acquiring a mortgage. Calgary Mortgage Guys are powered by Canada Mortgage Direct.

    published: 18 Mar 2015
  • How to Pay Off a Mortgage Quickly

    http://bestcreditrepaircompanys.com/ Owning a home is a classic American dream. Unfortunately, in today's society consumers have become complacent with 30-year mortgages and paying hundreds of thousands of dollars in interest. We've complied tips from 5 industry experts on why it's important to pay a mortgage off quickly and how to can pay off a mortgage quickly. Follow these steps and you'll be ahead of 98% of the population.

    published: 07 Mar 2013
  • Mortgages nine times salary in London

    Looking for information and news on the UK mortgage market http://www.firstchoicefinance.co.uk/Index.asp?T=Mortgages%20nine%20times%20salary%20in%20London Think Carefully Before Securing Other Debts Against Your Home. Your Home May Be Repossessed If You Do Not Keep Up Repayments On A Mortgage Or Any Other Debt Secured On It. Security is required on immovable property. Borrowing is subject to status & affordability

    published: 14 May 2017
  • Man Quits $80K Job to Work in Grocery Store Part Time - Minimalism

    Yves quit his job even though he had it all: a big salary, health benefits and a pension plan. He sold his downtown condo, too. Why did he decide to drastically simplify his life? Because he was unhappy and unfulfilled. A couple of years ago, he went on a 10-day silent retreat and, after much soul-searching, realized that his job and his stressful lifestyle needed to go. Now, a year and a half later, he's living a minimalist lifestyle in a small bachelor apartment, riding his bike to work, and working 3 days a week at a grocery store. He has more time to spend with the people he loves, and a lot less stress. Does he regret his downshifting decision? Watch this video to find out! Thanks for watching! Mat & Danielle ------------------------------------------------------------- ST...

    published: 23 Oct 2015
  • How to pay off your mortgage in your 30s

    34-year old Brandon Parkes has been mortgage free for 2 years. It wasn't easy. While paying down his mortgage Brandon was making a modest salary and faced some major setbacks. But despite all this he's now enjoying what some may call the ultimate freedom. Hear his remarkable story now on this episode of Super Savers.

    published: 20 May 2014
  • How to Buy a Home with a Very Low Income

    Find me on facebook: https://www.youtube.com/watch?v=1LOt4Jeaun8

    published: 23 Oct 2016
Mortgage-free, tiny home on a housekeeper's salary

Mortgage-free, tiny home on a housekeeper's salary

  • Order:
  • Duration: 10:41
  • Updated: 26 Feb 2012
  • views: 803047
videos
Johnny Sanphillippo has never made more than $20,000 per year (he works as a housekeeper, as well as, a gardener and house painter), but he knew like "any other American" that he wanted to own his own home. When he talked to bankers about qualifying for a home loan, "they look at you and their eyes glaze over and you realize, they're going to give me a lollipop and send me home, which is pretty much what happened". So he decided that if he went far enough away from his hometown of San Francisco he could find something he could afford to buy with cash. He finally heard about a deal in Hawaii (back when oil was cheap and airline tickets were $99 from SFO) and for $3000 cash he bought himself an empty lot in a failed subdivision on the Big Island. Without a loan, he knew he couldn't afford to build a conventional home. He'd always loved tiny houses, but the permitting office wasn't as enthusiastic about allowing him to build small. So he had plans drawn up for a conventionally-sized home, plus a 400 square foot garage. He just built the garage. Once the inspectors signed off on his fully-equipped garage (which included a bathroom, utility sink, electricity, septic system and rainwater capture), he let them know he wasn't planning on building the house. Then he set about swapping the garage door for sliding glass and the utility sink for a regular kitchen. Instead of relying on a loan to buy a house up-front, he had to do it the slow way, in stops and starts as he worked to pay off he step of the process. First, he saved up for a foundation, then the shell, then septic, etcetera and today, 13 years later, the home is complete. Johnny Sanphillippo's blog: http://granolashotgun.com/ Original story & more info: http://faircompanies.com/videos/view/mortgage-free-tiny-home-on-a-housekeepers-salary/
https://wn.com/Mortgage_Free,_Tiny_Home_On_A_Housekeeper's_Salary
How Much of My Gross Salary Should I Pay for a House? : Financial Planning Tips

How Much of My Gross Salary Should I Pay for a House? : Financial Planning Tips

  • Order:
  • Duration: 2:27
  • Updated: 15 Jan 2013
  • views: 1687
videos
Subscribe Now: http://www.youtube.com/subscription_center?add_user=Ehowfinance Watch More: http://www.youtube.com/Ehowfinance The exact amount of your gross salary that you should pay for a house depends on a number of factors. Find out how much of your gross salary you should pay for a house with help from a financial planner in this free video clip. Expert: Karen Lee Filmmaker: Edward Castner Series Description: Making money is one thing - saving money and making sure you're getting your full dollar's worth on a purchase can sometimes be something else entirely. Get money related tips and find out how to make the most for your money with help from a financial planner in this free video series.
https://wn.com/How_Much_Of_My_Gross_Salary_Should_I_Pay_For_A_House_Financial_Planning_Tips
How Much Does A Mortgage Broker Make? (Ep172)

How Much Does A Mortgage Broker Make? (Ep172)

  • Order:
  • Duration: 5:57
  • Updated: 28 May 2014
  • views: 9867
videos
How much does a mortgage broker make per deal and how much do they tend to make per year? Mortgage brokers are paid on a commission basis from the banks or the lenders that supply you with your loan. So how much do mortgage brokers make? We are going to break this into two categories, firstly, how much they make per deal and secondly how much they generally make per year. Today we're talking about mortgage brokers and more specifically how much they make per deal and how much a mortgage broker tends to make per year. http://onproperty.com.au/172 - Visit the site for a full transcription and downloadable audio version of this video. ------------------------- Get More OnProperty All Over The Internet Podcast (iTunes): http://onproperty.com.au/itunes Podcast (Stitcher): http://onproperty.com.au/stitcher Instagram: http://onproperty.com.au/instagram ———————————— Want to learn the exact methods I use to find positive cash flow properties all over Australia? Sign up for the Positive CashFlow Academy today http://positivecashflowacademy.com
https://wn.com/How_Much_Does_A_Mortgage_Broker_Make_(Ep172)
Loan Officer Salary

Loan Officer Salary

  • Order:
  • Duration: 0:31
  • Updated: 10 May 2012
  • views: 971
videos
http://www.loanofficersalary.net Learn what an average loan officer's salary is and what education is required to become a professional loan officer. More detailed career information can be found at the link above.
https://wn.com/Loan_Officer_Salary
How do I get a mortgage on my current salary?

How do I get a mortgage on my current salary?

  • Order:
  • Duration: 0:46
  • Updated: 06 Oct 2014
  • views: 454
videos
Our Mobile Mortgage Manager, Sara, explains what factors influence what you can borrow. Buying a new home can be daunting, so if you're a first time buyer or moving home, we want to answer all of your home buying questions. Speak to one of our mortgage advisors or start your mortgage application online in 3 easy steps at http://goo.gl/9yRKvC
https://wn.com/How_Do_I_Get_A_Mortgage_On_My_Current_Salary
How Do Mortgage Lenders Qualify Your Income?

How Do Mortgage Lenders Qualify Your Income?

  • Order:
  • Duration: 4:07
  • Updated: 02 Mar 2010
  • views: 5979
videos
How much do you make a year? This is one of the first things a mortgage lender will ask and one of the top 3 things that they really care about on a mortgage application. Why? Because this is what is going to tell them how much you are worth. Sounds shallow and harsh but its a reality. No one likes to be working pay check to pay check and the banks dont like making you live that lifestyle either. Morally it isn't good for PR but also, if you are walking that close to the edge every month then the chances of you missing payments becomes greater. If your cars engine konks out then you may have to skip your mortgage payment in order to get it fixed or you could get the flu for 4 days and take time off work which makes your short this month, and so on. Basically, this situation isn't good for anyone so in order to prevent this, banks have different methods of qualifying your income. So what do I mean by "Qualifying Your Income"? Why isn't it more cut and dry or why can't they just take your word for it? Well..... One bad apple..... Anyway, each of us has a different pay structure at work that the bank needs to look at and derive their conclusions from. The tough part is, many of us have variable aspects to our earning. For example, my income fluctuates constantly throughout the year as I am full commission. I have no steady number that the banks can look at. Other people work hourly and sometimes they get overtime, sometimes not. Others are straight salary but every year they get a bonus of some kind. Then of course there are the self employed people who have a shaky line between what they make and what they REALLY make due to cash jobs and write offs. So how do the banks pull a "safe" number that they can go off of with all of these variables kicking around? Although as per usual, each mortgage lender is different, here is the general rule of thumb on how they qualify YOUR income as well as the paperwork that they will most likely require in order to verify the numbers and approve your application. Straight Salary, No Commission, No Bonuses This one is the easiest. What you made last year is guaranteed this year and the next. What the lenders will require in order to verify this is a job letter (you can find examples on my website http://www.mortgagecentrecitywide.com/blogs/cossl/?page_id=157) as well as your most recent pay stub. On occasion they will want your last 2 pay stubs. Hourly FULL Time This as well is considered to be the same as a salaried person. However, just because you are working a consistent 40 hours a week does not make you full time. The banks will want it to be noted in your job letter that you are guaranteed full time hours. In some union jobs there will only be 3 or 4 full time positions and everyone else is part time even though they work full time hours. Because these are not guaranteed hours the bank will still not qualify you as a full time employee. As well, if you are a Full Time employee but work overtime on occasion then you now earn a variable amount and will want to refer to the sections below. Salary Plus Commission or Bonuses, Hourly (part or full time) Plus Over Time, Full Commission, & other Variable Incomes Now we are jumping into a variable position. Even if EVERY single year you make a $10k bonus the banks will still consider you a variable earner as this "bonus" is not guaranteed. What they will require is your Line 150 on your tax return for the last 2 years and then they will average this off to get what they feel is a fair evaluation of your true earning potential. If you have been working at your job for less than 2 years but before this job you worked in the same industry then your income from your last employer will also qualify and they will still take a 2 year average of your income to get a number. The tricky part is if you have switched industries completely and have only been working in the new position with a new employer in a new industry for less than 2 years. In this case you may have difficulty finding a traditional lender to finance you and private or conventional funding might be the only way to get your deal done. Give me a call if you are in this situation. 604.313.9996 **write up too long for youtube. Please visit http://www.mortgagecentrecitywide.com/blogs/cossl/?p=198 for the remaining portion of the article
https://wn.com/How_Do_Mortgage_Lenders_Qualify_Your_Income
How to Apply Home Mortgage Loan With Low Salary - Mortgage Loan Video Reviews

How to Apply Home Mortgage Loan With Low Salary - Mortgage Loan Video Reviews

  • Order:
  • Duration: 1:44
  • Updated: 07 Oct 2016
  • views: 318
videos
It's may not so easy to apply Home mortgage loan with low income or lower salary but here is some strategy to to apply. - Be looking with a stable jobs - Be Looking Loyalty Lender - Be never over 50% of your salary - Deeply discus and built relationship with lender for first assessment. See more: https://goo.gl/Zamkb2 Related mortgage: https://goo.gl/mQ6zpL
https://wn.com/How_To_Apply_Home_Mortgage_Loan_With_Low_Salary_Mortgage_Loan_Video_Reviews
Self-Employed Mortgage - Using Net Profit vs Salary + Dividends

Self-Employed Mortgage - Using Net Profit vs Salary + Dividends

  • Order:
  • Duration: 2:23
  • Updated: 17 Apr 2017
  • views: 6
videos
A problem for limited company directors considering a mortgage is high personal tax bills and reduced mortgage amounts. This is because high street banks prefer to use your salary and dividends to calculate how much you can borrow. I know through my own personal experience is there is another solution for you. Using Net profit, please let me know what you think of the video. (your home maybe repossessed if you do not keep up repayment on your mortgage) If you want to find out how much you can borrow then please get in touch, I'll be more than happy to help.
https://wn.com/Self_Employed_Mortgage_Using_Net_Profit_Vs_Salary_Dividends
The 5 biggest struggles with a loan officer job

The 5 biggest struggles with a loan officer job

  • Order:
  • Duration: 8:01
  • Updated: 26 Feb 2013
  • views: 30346
videos
http://www.hardcorecloser.com/the-5-biggest-struggles-facing-a-loan-officer-job-in-2013 Recently I surveyed 100 producing Loan Officers across the USA to find out what the biggest struggles that we are facing on the loan officer job today. I was shocked to find out the top 5 answers to the biggest struggles faced on a loan officer job. In this video I will go through and discuss these in order to attempt resolution.
https://wn.com/The_5_Biggest_Struggles_With_A_Loan_Officer_Job
The Salary You Need to Buy a Home In 27 Metro Areas

The Salary You Need to Buy a Home In 27 Metro Areas

  • Order:
  • Duration: 2:46
  • Updated: 24 Mar 2015
  • views: 265
videos
HSH.com has come out with a report on the minimum income required to qualify for financing on a median-priced home in 27 U.S. markets and nationally. Find out how your income and your city measure up by watching today's Real Estate Minute.
https://wn.com/The_Salary_You_Need_To_Buy_A_Home_In_27_Metro_Areas
How Do I Verify My Income If I'm a Salary/Hourly Employee?

How Do I Verify My Income If I'm a Salary/Hourly Employee?

  • Order:
  • Duration: 2:51
  • Updated: 18 Mar 2015
  • views: 124
videos
Colton and Alex discuss the procedure for verifying the income of a salary/hourly employee in regards to acquiring a mortgage. Calgary Mortgage Guys are powered by Canada Mortgage Direct.
https://wn.com/How_Do_I_Verify_My_Income_If_I'm_A_Salary_Hourly_Employee
How to Pay Off a Mortgage Quickly

How to Pay Off a Mortgage Quickly

  • Order:
  • Duration: 4:43
  • Updated: 07 Mar 2013
  • views: 371659
videos
http://bestcreditrepaircompanys.com/ Owning a home is a classic American dream. Unfortunately, in today's society consumers have become complacent with 30-year mortgages and paying hundreds of thousands of dollars in interest. We've complied tips from 5 industry experts on why it's important to pay a mortgage off quickly and how to can pay off a mortgage quickly. Follow these steps and you'll be ahead of 98% of the population.
https://wn.com/How_To_Pay_Off_A_Mortgage_Quickly
Mortgages nine times salary in London

Mortgages nine times salary in London

  • Order:
  • Duration: 1:53
  • Updated: 14 May 2017
  • views: 0
videos
Looking for information and news on the UK mortgage market http://www.firstchoicefinance.co.uk/Index.asp?T=Mortgages%20nine%20times%20salary%20in%20London Think Carefully Before Securing Other Debts Against Your Home. Your Home May Be Repossessed If You Do Not Keep Up Repayments On A Mortgage Or Any Other Debt Secured On It. Security is required on immovable property. Borrowing is subject to status & affordability
https://wn.com/Mortgages_Nine_Times_Salary_In_London
Man Quits $80K Job to Work in Grocery Store Part Time - Minimalism

Man Quits $80K Job to Work in Grocery Store Part Time - Minimalism

  • Order:
  • Duration: 5:00
  • Updated: 23 Oct 2015
  • views: 143046
videos
Yves quit his job even though he had it all: a big salary, health benefits and a pension plan. He sold his downtown condo, too. Why did he decide to drastically simplify his life? Because he was unhappy and unfulfilled. A couple of years ago, he went on a 10-day silent retreat and, after much soul-searching, realized that his job and his stressful lifestyle needed to go. Now, a year and a half later, he's living a minimalist lifestyle in a small bachelor apartment, riding his bike to work, and working 3 days a week at a grocery store. He has more time to spend with the people he loves, and a lot less stress. Does he regret his downshifting decision? Watch this video to find out! Thanks for watching! Mat & Danielle ------------------------------------------------------------- STAY IN TOUCH! ------------------------------------------------------------ Blog: www.exploringalternatives.ca Facebook: /exploringalternativesblog Instagram: @exploringalternatives Music & Song Credits: All music in this video was composed, performed, and recorded by Mat Dubé of Exploring Alternatives.
https://wn.com/Man_Quits_80K_Job_To_Work_In_Grocery_Store_Part_Time_Minimalism
How to pay off your mortgage in your 30s

How to pay off your mortgage in your 30s

  • Order:
  • Duration: 5:39
  • Updated: 20 May 2014
  • views: 13876
videos
34-year old Brandon Parkes has been mortgage free for 2 years. It wasn't easy. While paying down his mortgage Brandon was making a modest salary and faced some major setbacks. But despite all this he's now enjoying what some may call the ultimate freedom. Hear his remarkable story now on this episode of Super Savers.
https://wn.com/How_To_Pay_Off_Your_Mortgage_In_Your_30S
How to Buy a Home with a Very Low Income

How to Buy a Home with a Very Low Income

  • Order:
  • Duration: 7:03
  • Updated: 23 Oct 2016
  • views: 2788
videos
Find me on facebook: https://www.youtube.com/watch?v=1LOt4Jeaun8
https://wn.com/How_To_Buy_A_Home_With_A_Very_Low_Income
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