Welcome back to Real talk, with Realtors! In this podcast, we break down the amazing solutions in the real estate industry today with real estate professionals, and jam on when these programs are applicable and how they benefit the homeowner. Hosted by Dalip Jaggi and presented by Revive, your real estate concierge for maximizing profit.

This is Episode #27 and we’re getting real with Caitlin Chen, a Sr. Home Loan Advisor at Landmark Mortgage Capital. Listen to the episode on Apple Podcasts, Spotify, Google Podcasts, and your other favorite podcast spots – follow and leave a 5-star review if you think it’s Real talk!

• Episode Summary & Player
• Show Notes
• Real talk, with Realtors Summary

Real talk, with Realtors Episode #27: Caitlin Chen on how to creatively finance your home

Caitlin Chen is a Sr. Home Loan Advisor at Landmark Mortgage Capital. She first became a loan officer in 1999 and is passionate about helping families achieve and maintain their American dream of homeownership. Hear creative ways to buy your home, the different types of real estate loans, how much changed in the 2007-2008 financial crisis, how to navigate different types of loans with your real estate clients, and what a reverse mortgage is. This episode covers everything from loan definitions to real estate client tips. Here’s a small sample of what you will hear in this episode:

• What does creative financing look like now?
• How has the loan game changed since 1999?
• What is the role of a realtor in these transactions?
• How popular are interest-only loans?
• What are bank statement loans?
• Does every loan officer have access to each of these loans?
• What will happen to the real estate market next?
• Real talk...not Real talk: mortgage broker as a career
  

Connect with Caitlin at CaitlinChen.com.

Check out the episode and show notes below for much more detail.

Show Notes

• Real talk, with Caitlin Chen

• [0:18] Welcome back to Real talk, with Realtors
• [0:21] Revive Concierge
• [0:34] Podcast
• [0:44] Connect with Caitlin at CaitlinChen.com
• [1:10] How did Caitlin get into real estate?
• [1:40] Internet
• [2:06] 2007-2008 Financial Crisis
• [2:34] How has the loan game changed since 1999?
• [3:02] Negative amortization
• [4:03] How popular are interest-only loans?
• [5:54] What does creative financing look like now?
• [6:24] Down payment assistance
• [6:41] PMI (Private mortgage insurance)
• [7:32] What is the role of a realtor in these transactions?
• [8:11] Client, Credit
• [9:17] FHA loan (Federal Housing Administration)
• [9:40] NMLS license
• [10:19] What are bank statement loans?
• [11:09] Income
• [11:44] Does every loan officer have access to each of these loans?
• [12:55] Reverse mortgage
• [13:10] Is there a niche Caitlin focuses on?
• [13:50] What case comes to mind?
• [14:17] Customer
• [14:42] W-2 payroll
• [15:14] Equity
• [18:07] Los Angeles Lakers
• [19:40] Escrow
• [20:09] Ribbon
• [23:44] Zillow Offers, Opendoor
• [24:02] What will happen to the real estate market next?
• [24:52] Pandemic
• Real talk...not Real talk?
• [26:03] The 15-year fixed
• [26:42] PMI
• [27:34] Interest-only program
• [28:08] Mortgage broker as a career
• [28:47] What advice does Caitlin have for others in the real estate industry?
• [29:42] Connect with Caitlin at CaitlinChen.com
• [30:22] Maximize your real estate profit at iloverevive.com
• [30:48] Make sure to follow Real talk, with Realtors on your favorite podcast spot and leave us a 5-star review on Apple Podcasts
• Theme Song: Groovy Funky Soul by NILLY NELL

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your host

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‍Dalip Jaggi

Co-founder of Revive

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