Episode 16

How to save for a mortgage on a tight budget

Published on: 22nd June, 2023

Many homebuyers across the U.S. wonder how to save for a down payment with a tight budget. With rent rates climbing, inflation rising, and house prices still high, saving money for a down payment has become more tricky.

The good news is that you can use several tips and tricks to save money and cut expenses. Let's explore some ways you can save money for a down payment.

DPA

https://www.mkgenterprisescorp.com/first-time-homebuyer-dpa-program-/

* Specific loan program availability and requirements may vary. Please get in touch with the mortgage advisor for more information.

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About the Podcast

Mortgage Brokers Advisors

Borrower Save Money Using A Broker

Welcome to Mortgage Broker Advisors, “MBA” the podcast where we bridge the gap between mortgage brokers, realtors, and industry professionals to unlock real estate financing solutions that traditional lenders overlook.

At Mortgage Brokers Advisors, we specialize in securing financing for deals that agency lenders, big banks, and traditional insurance companies decline. With customized loan structures, greater flexibility, and faster closings, we empower brokers and realtors to help their clients succeed in today’s competitive market.

If you’re a mortgage broker, real estate agent, private lender, or finance expert with valuable insights to share, we’d love to feature you on the show! Join us to discuss market trends, deal-making strategies, and innovative financing solutions that drive real estate success.

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About your host

Marshawn Govan

MKG Enterprises Corp Third-Party Originator NLMS 1370394 is a diversified digital finance company focusing on serving low-income and moderate income communities while promoting equal and fair access to homeownership to first-time home buyers and existing homeowners FHA, Conventional, VA, Jumbo loans, Non Qualified Mortgage loans, DSCR.

The company provides mortgage loans, down payment assistance, life insurance, mortgage insurance, and tax refund advances. The goal is to help underprivileged and underbanked families achieve home ownership. Home equity is the most powerful way to build generational wealth because you can use those funds to increase your wealth and pass it down to your descendants.