Summary

In this conversation, Josh Settle interviews Casey Bivens, a mortgage loan officer at Prost Mortgage Group. They discuss various topics related to mortgages and home buying, providing valuable insights and advice for listeners. Casey explains the role of a mortgage loan officer and how they help clients navigate the complex mortgage process. She emphasizes the importance of assessing one's financial situation and interviewing multiple lenders to find the best loan program. Casey also highlights the potential of a mortgage as a tool for financial growth and dispels common misconceptions about mortgages. She shares a success story of helping a client secure a mortgage despite a low credit score. The conversation covers changes in the mortgage industry, the significance of current interest rates, and the benefits of VA loans for veterans and active duty personnel. Casey provides tips for improving credit scores and tailors advice for real estate investors. In this conversation, Cassey Bivens, a loan officer, discusses various aspects of mortgages and real estate investments. She highlights the importance of considering individual financial situations when working with real estate investors and emphasizes the need to discuss potential tax benefits and exit strategies. Bivens also explains the innovative financial products and personalized services offered by PROST. She provides strategies for paying off mortgages early, outlines the refinancing process, and offers advice for homeowners struggling with mortgage payments. Bivens shares insights into the future of the mortgage industry and provides tips for preparing for homeownership. She recommends resources such as the Home Buying Kit for Dummies and the US Department of Housing and Urban Development (HUD) website. Bivens cautions against making large purchases before purchasing a home and emphasizes the importance of financial planning.

Chapters

00:00 Introduction and Getting to Know Casey Bivens

01:23 What Does a Mortgage Loan Officer Do?

03:30 Financial Education and Overcoming Mortgage Process Unfamiliarity

08:07 Mortgage as a Tool for Financial Growth

09:28 Success Story: Helping a Client Secure a Mortgage with Low Credit Score

12:42 Common Misconceptions About Mortgages

15:19 Changes in the Mortgage Industry and Digital Transformation

22:13 VA Loans and Benefits for Veterans and Active Duty Personnel

24:20 Improving Credit Score for Mortgage Approval

26:19 Tailoring Advice for Real Estate Investors

27:16 Considerations for Real Estate Investors

29:24 Innovative Financial Products and Services

31:32 Strategies for Paying Off a Mortgage Early

33:16 The Refinancing Process

36:43 Challenges for Self-Employed Individuals

41:08 Options for Homeowners Struggling with Mortgage Payments

42:32 Predictions for the Mortgage Industry

43:53 Preparing for Homeownership

46:06 Tracking Interest Rates

47:47 Educational Resources for Homebuyers

50:14 The Impact of Large Purchases on Mortgage Approval

51:45 Advice for Using Mortgages as a Financial Tool

53:56 The Importance of Financial Planning

55:15 Contacting Cassey Bivens