Ep 95: The Benefits of Lending Through a Local Bank (Part 1)

The housing market has seen incredible growth over the past few years and the low interest rates have been a big driver of that. With so many people looking to buy a new home or a secondary property, mortgage lending comes up with our clients quite a bit. Today we’ve invited Gary Kubalski and Keith Abramo from Union Savings bank to tell us more about recent market and mortgage trends.

 

Here are some of the things you’ll learn on this episode:

• A little background on Union Savings Bank and their expansion into the Cleveland-Akron area. (1:12)
• Are we seeing a mortgage lending slowdown? (5:24)
• What are adjustable rate mortgages and are they becoming more popular? (8:22)
• The mortgage guidance they provide customers during the process. (12:51)
• Debt to income ratios to get qualified. (18:12)

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