Listen along to this podcast or watch the videos of each episode at https://community.ridgelendinggroup.com or YouTube.com/RidgeLendingGroup
Ridge Lending Group (RLG) is a nationwide lender and second-generation company specializing in residential investment property financing. But the heart of Ridge Lending Group is our commitment to the continued education and success of our clients.There is a reason that we are the #1 choice for so many repeat clients and referrals. Ridge Lending Group remains a standout leader in the industry by providing the most competitive programs and rates available and unsurpassed customer service. From the beginning of your loan transaction through closing and beyond, we are your dedicated resource team for financing and all things related to real estate investing.
1.855.74.RIDGE (855-747-4343) or email to info@RidgeLendingGroup.com
Copyright ©2024 Geneva Financial, LLC, DBA Ridge Lending GroupNMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 2/20/2024
Remote Real Estate Investing : Pros, Cons & Tips
Caeli details the Pros, Cons and Tips to Master Remote Real Estate Investing including diversifying portfolios, thorough research, build reliable local teams, embracing technology, finding reliable property managing partnerships and other topics!
https://www.narpm.org/
Check out the video with the screen share and the documentation in the Community and our YouTube Channel.
https://www.youtube.com/c/RidgeLendingGroup
You can join these live by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2024 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 2/6/2024
When is the Right Time to Refi? Let’s do the Math!
In today's call Caeli discussed the things you should be looking at when you are deciding whether or not to refinance your property. She outlines the checklist that she would recommend you doing before making your decision, to cover all of your bases and make sure that the math is adding up to be the shortest amount of time to recapture your costs in the process.
Check out the video with the screen share and the documentation in the Community and our YouTube Channel.
https://www.youtube.com/c/RidgeLendingGroup
You can join these live by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2024 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 1/23/2024
Guest Speaker Sam Parker with My Credit Guy
Sam Parker of My Credit Guy joins the podcast today to talk about credit, credit repair, the percentages of the different points that make up your credit score, and some really interesting tips and tricks of the trade for building your credit and maintaining a high credit score while investing in real estate.
Sam & Caeli have some great Q&A where Sam details a few things you can do to improve your credit score, and how his company can help you in achieving better credit scores by following their personalized guides.
Sam also shared with us his website where he partners with Experian, creditsitter.com
You can find Sam at mycreditguy.com or www.team-parker.com
Check out the video with the screen share and the documentation in the Community and our YouTube Channel.
https://www.youtube.com/c/RidgeLendingGroup
You can join these live by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2024 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 1/2/2024
Creative Financing Strategies for Non-Owner Occupied Portfolios
Caeli Ridge discusses some really creative options that Ridge Lending Group can offer as it relates to purchases and refinances. Ever wondered about some alternative ways to get funding for your next home or investment property? Tune it to hear about all that Ridge Lending Group offers!
Check out the video with the screen share and the documentation in the Community and our YouTube Channel.
https://www.youtube.com/c/RidgeLendingGroup
You can join these live by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2024 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 12/26/2023
Risk Management: Understanding Through a Lenders Perspective
Caeli Ridge will go through the understanding of risk management as it pertains to the lender, so that investors can have a better understanding of what is going on behind the scenes when it comes to investing in real estate. She will round out the episode by discussing the state of the market and what can be expected in the new year, 2024!
Check out the video with the screen share and the documentation in the Community and our YouTube Channel.
https://www.youtube.com/c/RidgeLendingGroup
You can join these live by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 12/12/2023
Guest Speaker Brent Widman from Southwestern Consulting joins today as our guest speaker. Caeli and Brent have a great Q&A on what it means to stay consistent in life and discuss the power of writing your goals down in order to achieve them. They discuss many personal insights on what it means to be successful, and what drives us all!
You can contact Brent Widman at bwidman@southwesternconsulting,com or call or text him at 507-382-7641. He offers a 30 minute business action plan so please check him out to help you reach your goals!
Check out the video with the screen share and the documentation in the Community and our YouTube Channel.
https://www.youtube.com/c/RidgeLendingGroup
You can join these live by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 11/28/2023
Have you ever been hit with a property tax bill that far exceeded your expectations? You've come to the right place ! Caeli breaks down property tax definitions for us as well as showing us how you can know exactly what you'll be paying in property taxes based on the county in which your property resides.
We dive into a Q & A after this explanation as well as some news, updates and expectations for rates and other real estate investment pieces.
Check out the video with the screen share and the documentation in the Community and our YouTube Channel.
https://www.youtube.com/c/RidgeLendingGroup
You can join these live by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Guest Speaker Alex Hines
Caeli Ridge pre-recorded this episode on 11/3/2023
Caeli and Guest Speaker ( & Ridge Lending Group Borrower) Alex Hines discuss how he has been so successful in real estate investing in just the few years he has been doing it.
They go into detail about his properties and how he has been able to fix and flip while still turning a great passive income on his properties.
Check out the video with the screen share and the documentation in the Community and our YouTube Channel.
https://www.youtube.com/c/RidgeLendingGroup
You can join these calls live by clicking on this registration link.
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Edit Delete
Caeli Ridge pre-recorded this episode on 10/17/2023
Caeli dives into how to prepare for the year-end closings and investor pushes for tax write-offs.
98% of our industry is only focused on non-owner-occupied transactions.
For non-owner-occupied transactions, the end of the year is the slowest but for investors, it is the busiest time of year because everyone is cramming to get year-end tax credits.
Closing transactions earlier is key but starting now is not too late. Make sure you have all the necessary documents ready and available.
Check out the video with the screen share and the documentation in the Community and our YouTube Channel.
https://www.youtube.com/c/RidgeLendingGroup
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge pre-recorded this episode on 10/3/2023
Caeli introduces a new product Ridge Lending Group has - Cross Collateralization Line of Credit for Investment Properties!
Individual or Multi-Unit Properties, Residential or Commercial Housing up to 24 units.
Starts as minimum line amount of 1 million, and goes all the way to 25 million.
80% LTV, 18-24 month terms, Purchase or Refinance with fixed or floating rate options.
Foreign Nationals are eligible for this product. Or in any state other than NY or ND.
Interest Rate based off of SOFR (Secured Overnight Funds Rate) + 5.25
Time to Close- 20 days on Average. Pre-Payment Penalty = 0
Recourse and Non-Recourse Options Available. Anything over 3 Million will automatically be Recourse.
Check out the video with the screen share and the documentation in the Community and our YouTube Channel.
https://www.youtube.com/c/RidgeLendingGroup
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 9/19/2023
Guest Speaker Daniel Paloscio
This week’s guest speaker is Daniel Paloscio from SEP Capital. He is a seasoned private lender with more than a decade of experience in residential real estate. His track record includes over 600 loans successfully closed since 2013. This extensive experience in the industry has honed his ability to attract and underwrite high-quality, low-risk private mortgages, ultimately leading him to start SEP Capital.
Caeli and Daniel have a Q& A session detailing some of the biggest questions about SEP capital, how it works, what you need to do to become an investor, and lots more!
You can contact Daniel Paloscio at daniel@sepcapital.com or visit sepcapital.com
Check out the video with the screen share and the documentation in the Community and our YouTube Channel.
https://www.youtube.com/c/RidgeLendingGroup
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 9/5/2023
uDirect IRA Services with Special Guest Speaker Kaaren Hall
Kaaren Hall founded and made a resounding success of uDirect IRA Services. She discovered a strategic way to put her 20+ year experience in mortgage banking, real estate and property management to use. The solution was an untapped market for both her skills and for Investors- self-directed IRAs. Through uDirect, she has guided tens of thousands of Americans through the process of diversifying their investments using self-directed IRAs with $1B+ Under Management.
In this recording, Real Estate Investors will learn how to use their retirement savings to invest in real estate and how to use the retirements savings of others for your real estate projects.
Check out her services at udirectira.com or email info@udirectira.com
Check out the video with the screen share and the documentation in the Community and our YouTube Channel.
https://www.youtube.com/c/RidgeLendingGroup
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 8/29/2023
The Income Snowball with Tanisha Souza from Tardus Wealth Strategies
Tanisha presents her Income Snowball method of acquiring rental properties and how to build a real estate portfolio fast in any market.
She details how Tardus and their patented calculator can help you in achieving financial freedom. Her presentation goes into detail on how to buy rentals without using savings ( Not the BRRR Method), how to acquire multiple assets with the same dollars, build a rental portfolio fast, creative massive monthly cash flow reserves and how to always be prepared for Real Estate buying opportunities.
Check out the video with the screen share and the documentation in the Community and our YouTube Channel.
https://www.youtube.com/c/RidgeLendingGroup
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 8/15/2023
Amortized vs. Interest Only Loans
This week Caeli will be going into detail about Amortized (Close Ended) vs. Interest Only (Open Ended) Loans. She will highlight the differences and when you should be looking at either one as an option for your next loan transaction depending on your scenario.
Check out the video version on our YouTube page to see the Loan Amortization Schedule she is using and follow along. https://youtu.be/ezHbjDy5iDo
Q&A throughout the episode on these topics and more!
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 8/1/2023
DSCR vs. Conventional Loans & How to Compare Percentages of LTV's.
Tune in to this week's Calling All Real Estate Investors live event with Caeli to learn the differences between a DSCR (Debt Service Coverage Ratio) Loan and a Conventional Loan.
Caeli will also review how to do the math when comparing LTVs (Loan to Value) per transaction. When should you pocket the extra down payment vs. when you should put more down.
Q&A throughout the episode on these topics and more!
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 7/25/2023
Recourse vs. Non-Recourse Loans
Caeli provides an overview of what recourse and non-recourse loans are and in what situations you would choose one over the other. She details that the difference in rates and terms between the two options is significant, and that she does not see a place for non-recourse loan options in most cases as it pertains to real estate investors purchasing 1-4 unit residences.
Caeli's surprise is an exciting new loan option for Ridge Lending Group that Caeli has been working tirelessly to secure for our borrowers.
Q&A throughout the episode on these topics and more!
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 7/18/2023
Short Term Rental Tips and Tricks
Curveball! This week Caeli does a brief overview of what an amortized loan is vs. an interest only loan, with a short pro & con list of each. She will come back next week with a deeper dive and some great visual aids.
Caeli discusses the topic for our July Newsletter which is what you can do to set your short term rental vacation home apart from others this summer season.
Check out the newsletter on our website.
https://ridgelendinggroup.com/july-2023-summer-cash-flow-tips-tricks-monthly-newsletter/
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Caeli Ridge recorded this episode on 7/11/2023
To Pay or Not to Pay Points, That is the Question.
And it might be a trick question...
During this episode Caeli details how to figure out what your interest rate will be.. the old school way. By using a chart and, say it with me "Doing the Math" :)
This breakdown explains why interest rates end of being what they are and everything that goes into their pricing.
Caeli explains Ridge Lending Group's points and why you may or may not have to pay points in any given transaction and the why behind it.
We have lots of great questions this week that are interspersed through the event.
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge recorded this episode on 6/27/2023
Caeli details Ridge Lending Group's list of the Top 10 Things TO DO during a loan transaction. Some of this list may resonate easily with you, while with others you may have never thought of their importance. Tune in to hear Caeli's insight and expertise on the list.
A spirited Q & A from our members during the live event following the list !
Check out the list on our website here !
https://ridgelendinggroup.com/top-10-things-to-do-during-a-loan-transaction/
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge recorded this episode on 6/20/2023
Caeli details Ridge Lending Group's list of the Top 10 Things TO NOT DO during a loan transaction. This list shows some easy mistakes that can be made to delay or even make you unqualified during the loan transaction. Some may be obvious to you, while others you may have never thought of. All are important. Communication with your loan team is key throughout the process. Tune in to hear Caeli's insight and expertise on the list.
Check out the list on our website here ! https://ridgelendinggroup.com/top-10-things-not-to-do-during-a-loan-transaction/
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge recorded this episode on 6/13/2023
During this episode, Caeli Ridge discusses Cash Out Refi Rules and has a lively Q&A with participants who are vying for a prize! Pop Quiz style, Caeli Ridge talks BRRR, and Cash Out Refi Scenarios.
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge recorded this episode on 6/6/2023
During this episode, Caeli Ridge discusses the score qualifications per loan product, the minimum tradelines required, the minimum length of credit and the credit score optimization review.
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 5/16/2023
Guest Speaker John Dingeman with Class Valuation Appraisers was on the show today discussing with Caeli and the community his expert knowledge of appraising property, and how to overall understand an appraisal as it relates to investment type properties.
John ran us through some scenarios and showed us how to read and interpret the 1004. Open Discussion and Q&A to follow with John and Caeli.
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge recorded this episode on 5/9/2023
This episode outlines and sets the expectations for the third and fourth video calls within the Certified Power Buyer (CPB) program hosted by Caeli Ridge, available at Ridge Lending Group.
These are free educational calls for real estate investors looking for information and guidance from Caeli Ridge. They are not objective in nature, but are subjective to you and your specific goals and qualifications.
This episode will cover Debt to Income Ratio (DTI), (Video Call #3) and LLC's
and Overall Strategy & Planning (Video Call #4).
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge recorded this episode on 5/2/2023
This episode outlines and sets the expectations for the first two video calls within the Certified Power Buyer (CPB) program hosted by Caeli Ridge, available at Ridge Lending Group at no cost.
These are free educational video calls for real estate investors looking for information and guidance from Caeli Ridge. They are not objective in nature, but are subjective to you and your specific goals and qualifications.
This episode will cover Goals (Video Call #1) and Credit & Assets (Video Call #2).
Next week's episode will cover the next two video calls within the CPB video call series.
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 4/25/2023
Last week we went over some property review mistakes and there was so much to talk about that we are going into part 2 for this episode!
Caeli Ridge will finish explaining which mistakes you can avoid, and how to avoid them. Open Discussion and Q&A to follow.
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at
855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 4/18/2023
Learn about important property review mistakes and how to avoid them.
Caeli Ridge explains what to know when dealing with property review, with an open discussion and Q&A.
Open conversations about this topic and more...
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 4/11/2023
Caeli Ridge will be going through and showing you how to use and fill out Ridge Lending Groups new 'Investor Investment Profile'.
You will learn how Ridge Lending Group uses this information to help you find opportunities for your real estate investment ventures.
Open conversations about this topic and more...
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 4/4/2023
On this podcast episode, Caeli Ridge will be going over all of the creative ways you can borrow money with Ridge Lending Group!
This includes Conventional, Debt Service Coverage Ratio Loans, Bank Statement Programs, Asset Depletion Programs, All-in-One HELOC (Primary Home, Second Home, Investment Home), Cross-Collateral Loan Programs and Non Recourse options.
Open conversations about this topic and more...
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 3/28/2023
In this episodes discussion, Caeli Ridge is going to explain why diversification in your real estate portfolio matters and what you can do about it.
Open conversations about this topic and more...
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 3/21/2023
What is the biggest fear holding you back from investing in Real Estate right now?
This episode holds an open mic discussion with members of the Ridge Lending Group Community as they talk about their fears and concerns regarding investing in real estate- followed up by Caeli Ridge's advice for them.
Caeli will also be reading the available notes from the Federal Reserve Meeting.
Open conversations about this topic and more...
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 3/14/2023
The Feds are meeting again at the end of March. What does this mean for interest rates immediately and for the rest of 2023? Caeli will give her predictions, with no guarantee that her crystal ball holds all the answers.
Open conversations about this topic and more...
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 3/7/2023
You need to know what is a myth and what is a reality when it comes to your credit. Listen to find out from Caeli how to know what is fact from fiction.
Open conversations about this topic and more...
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 2/28/2023
Here is what she covered at this event:
Open conversations about these topics and more...
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 2/21/2023
Here is what she covered at this event:
Open conversations about these topics and more...
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 2/14/2023
Here is what she covered at this event:
Open conversations about these topics and more...
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 2/7/2023
Here is what she in this part of the event:
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 2/7/2023
Here is what she covered in this part of the meeting:
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 2/7/2023
Here is what she covered in this part of the meeting:
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 2/7/2023
Here is what she covered at this event:
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode reviews the events from the week of 1-30-2023.
The topics reviewed are:
- Are More Fed Rate Hikes Ahead This Year?
- January Job Growth Not as Strong as It Appears
- Private Payrolls Disappoint in January
- Jobless Claims Reflect Tight Labor Market
- Family Hack of the Week - Super Bowl Potato Skins
- Talk of Housing Crash Not Supported by Appreciation Data
The information is sourced from MBS Highway at www.mbshighway.com
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode on 1/31/2023
Here is what she covered at this event:
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode reviews the events from the week of 1-23-2023.
The topics reviewed are:
- Inflation Turning the Corner
- Pending Home Sales Rise for First Time in Six Months
- New Home Sales Ticked Higher in December
- Caveats to Positive Fourth Quarter GDP
- Initial Jobless Claims Decline for Second Consecutive Week
- Family Hack of the Week - IRS Scams
- Economic Slowdown and Recession Signs Continue
The information is sourced from MBS Highway at www.mbshighway.com
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode, where Caeli reviewed an open discussion about how to make sure your 2022 Federal Tax Return is to be reviewed to support your borrowing needs in 2023.
Here is what we covered at this event:
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosted this episode, where Caeli reviewed an open discussion about things to be prepared for in 2023.
Here is what we covered at this event:
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2023 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode reviews the events from the week of 1-9-2023.
The topics reviewed are:
- Consumer Inflation Continues to Ease
- Inflation Remains Top Problem for Many Small Businesses
- Seasonal Factors Likely Impacted Latest Jobless Claims
- Services Sector Shows Signs of Slowdown
- Family Hack of the Week - Gift Card Scams
- Watching an Important Recession Indicator
The information is sourced from MBS Highway at www.mbshighway.com
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode reviews the events from the week of 12-5-2022.
The topics reviewed are:
- Wholesale Inflation Hotter Than Anticipated
- Are Home Prices Still Forecasted to Appreciate?
- Continuing Jobless Claims Reach a 10-Month High
- Family Hack of the Week - National Cocoa Day
- More Recession Signals Flashing
The information is sourced from MBS Highway at www.mbshighway.com
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode reviews the events from the week of 11-28-2022.
The topics reviewed are:
- Big Jobs Number or Grand Illusion
- Private Sector Job Growth at Slowest Pace Since January 2021
- Continuing Jobless Claims at Highest Level Since February
- Bonds Boosted by Fed Chair Powell and Cooler Inflation
- Why Signed Contracts on Existing Homes Are Set to Rebound
- What the Latest Home Price Appreciation Data Really Means
- Family Hack of the Week - Brownie recipe from Taste of Home
- Third Quarter GDP Remains Positive
The information is sourced from MBS Highway at www.mbshighway.com
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode reviews the events from the week of 11-21-2022.
The topics reviewed are:
- New Home Sales Better Than Expected in October
- Initial Jobless Claims Hit a Three-Month High
- Will the Fed Slow Its Pace of Rate Hikes?
- Should Strong Retail Sales Quiet Recession Chatter?
- Family Hack of the Week - French Toast recipe from Delish
- Should Strong Retail Sales Quiet Recession Chatter?
The information is sourced from MBS Highway at www.mbshighway.com
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode reviews the events from the week of 11-14-2022.
The topics reviewed are:
- Low Housing Inventory Remains Supportive of Home Prices
- Construction of Homes Continues to Slow
- Builder Confidence Drops for Eleventh Consecutive Month
- Wholesale Inflation Cooler Than Estimated
- Family Hack of the Week - a Turkey Frittata recipie
- Continuing Jobless Claims Continue to Creep Higher
The information is sourced from MBS Highway at www.mbshighway.com
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli'e interview begins at the Chapter Marker of 11:30
A housing crash is upon us. But it may not be the kind of crash that you think. I explain what this sales crash means to the housing market's future.
Caeli Ridge, President of Ridge Lending Group, joins us. She gives an exact prediction about where and when mortgage interest rates will peak.
37% of homeowners have no mortgage at all. Among those with a mortgage, 85% have an interest rate under 5% per Redfin. They don’t want to sell and give up their rate, constraining supply.
It’s a nationwide lock-in effect.
A housing PRICE crash is not expected. Existing homeowners can afford their mortgages and have record equity. This is reflected in the low delinquency rate.
The average age of first-time home buyers hit a record 36.
Caeli Ridge tells you how to get a lower mortgage interest rate with different loan types.
Investors keep their loans for an average of 5-6 years.
Ridge offers mortgage loans specifically for investors: plain fixed rates, non-recourse, DSCR, asset depletion, bridge loans, commercial loans, cross-collateralization of residential properties, and the All-In-One Loan, which operates like a first lien HELOC.
See how much interest you save with the All-In-One Loan interactive simulator here: https://ridgelendinggroup.com/aio-loans/
Caeli sees lots of appraisals. They’ve all been coming in “on-value”.
When it comes to higher mortgage rates, get used to it. The long-term average is 7.7%.
Ridge Lending is where I get loans for my own properties. You can use them too. Start at RidgeLendingGroup.com or (855) 747-4343.
Resources mentioned:
Show Notes:
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Get mortgage loans for investment property:
RidgeLendingGroup.com or call 855-74-RIDGE
or e-mail: info@RidgeLendingGroup.com
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This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode reviews the events from the week of 11-7-2022.
The topics reviewed are:
- Consumer Inflation Cooler Than Estimated in October
- Inflation Remained a Top Problem for Many Small Businesses Last Month
- Rising Continuing Jobless Claims Suggests Slower Pace of Hiring
- Family Hack of the Week - Hearty Chicken Sout by The Food Network
- The Scoop on Key Auctions
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is a special podcast Caeli did with Dan Lane
Rental Income Podcast With Dan Lane
INFO
Rising interest rates has made it difficult to make the numbers work on a rental deal.
On the first part of this bonus episode, Larry Myer, who has been investing in rentals for 40 years, shares how he has invested in times of higher interest rates.
On the second part of the show Caeli Ridge shares from a lenders perspective how to invest today. She also talks about some loan programs she has that provide lower payments to help make the numbers work.
Contact Caeli:
https://ridgelendinggroup.com
Larry Bailey and Caeli Ridge hosted this episode, where Caeli reviewed a Schedule E from a personal 1040 Schedule E.
Here is what we covered at this event:
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode reviews the events from the week of 10-31-2022.
The topics reviewed are:
- Fed Hikes Rates as Expected, Yet Press Conference Roils Markets
- Headline Jobs Number Not What It Seems
- Private Sector Payrolls Beat Expectations, But Hiring “Not Broad-Based”
- Continuing Jobless Claims Continue to Rise
- Family Hack of the Week - Roasting Root Vegetables by The Kitchn
- Home Price Forecasts Still Meaningful for Wealth Creation
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey and Caeli Ridge host this episode where we spent time reviewing a residential appraisal report.
Here is what we covered at this event:
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode reviews the events from the week of 10-24-2022.
The topics reviewed are:
- Consumer Inflation Needs Cooling
- Signed Contracts on Existing Homes Fall for Fourth Consecutive Month
- After August’s Uptick, September New Home Sales Fall
- Annual Home Price Appreciation Declines But Remains Strong
- GDP Turns Positive in the Third Quarter … For Now
- Family Hack of the Week - End of Daylight Savings and being prepared
- Latest Jobless Claims Signal Slower Pace of Hirings
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey and Caeli Ridge host this episode where we spent time reviewing new topics that are important with the times.
Here is what we covered at this event:
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode reviews the events from the week of 10-17-2022.
The topics reviewed are:
- What Housing Supply and Demand Dynamics Mean for Prices
- Construction of Single-Family Homes Continues to Decline
- Builder Confidence Falls for Tenth Straight Month
- Jobless Claims Remain Volatile
- Family Hack of the Week - Pumpkin Pudding from Food Network
- More Economic Slowdown Signals
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey and Caeli Ridge host this episode where we spent time with the community to review a new loan program and to review a community member property he is considering investing in.
Here is what we covered at this event:
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode reviews the events from the week of 10-10-2022.
The topics reviewed are:
- Consumer Inflation Remains Hot But Is Hope Ahead?
- Producer Inflation Also Higher Than Expectations
- Fed Minutes Convey Hawkish Tone
- Family Hack of the Week - Carving Pumpkins from Good Housekeeping
- Initial Jobless Claims Rise for Second Consecutive Week
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey and Caeli Ridge host this episode where we spent time with the community to help explain what is happening in these changing times for loan programs and interest rates.
Here is what we covered at this event:
Here are some highlights:
1. Borrowed funds are non-taxable
2. Non-QM is available in OH and 46 other states with Ridge Lending Group
3. Commercial loans for residential properties (including non-recourse)
4. DSCR loan reserves are specific to the property
5. You need to use the Simulator to find out if the All-in-One loan program works for you
6. Position yourself now to be prepared for the next deal you will be given
7. Keep your eye on deeply-discounted properties...they are starting to be available
8. Cross-collateralized Lines of Credit are coming to market with Ridge Lending Group
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode reviews the events from the week of 10-3-2022.
The topics reviewed are:
- The Real Scoop on September’s Job Gains
- Private Payrolls Showed Job Growth Picked Up in September
- Labor Market Starting to Show Signs of Pressure
- Annual Home Price Appreciation Slowing But Still Significant
- Family Hack of the Week - Apple Strudel Muffins from AllRecipies
- OPEC+ Announced Deep Cut in Oil Production
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey and Caeli Ridge host this episode with a very special guest. Ashish Acharya is known as the "Investor Friendly CPA" and is a WEALTH of knowledge for Real Estate investors everywhere. We had a fantastic time and spent over 1 hour talking about how to create opportunities to reduce your federal and state income taxes using cost segregation.
Here is what we covered at this event:
Here is some additional information to reach out to Ashish:
Some biography and Social Media link
https://www.crecapitalmgmt.com/#team
https://www.investorfriendlycpa.com/ashish-acharya.php
- Facebook https://www.facebook.com/Investorfriendlycpa
- YouTube https://www.youtube.com/channel/UCu1-6wkkAWcBhkHpHV4sTQg
- Instagram https://www.instagram.com/Investor_friendly_CPA
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode is reviewing the events from the week of 9-19-2022.
The topics reviewed are:
- Fed Hikes Rates Another 75 Basis Points
- Low Housing Inventory Remains Supportive of Prices
- Household Formations Continue to Outpace Completions
- More Home Builders Offering Incentives as Confidence Wanes
- Family Hack of the Week - Garden Vegetable Soup from the Food Network
- Low Jobless Claims Show Labor Market Remains Tight
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey and Caeli Ridge host this episode and they talk about:
- Loan Programs for Owner Occupied homes
- Conventional
- FHA
- VA
- USDA
- HELOC
- Construction Loans
- And more...
- Interest Rates for Owner Occupied homes
- More volatile and best pricing
- Enhanced processing, underwriting, and closing for Owner Occupied homes
- Usually less documentation and quicker processing and closing times
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey and Caeli Ridge host this episode and they talk about:
- Asset protection through using an LLC and also through using a non-recourse loan
- How to mentally make it through this kind of environment as an investor
- Announcing our special CPA guest for a future show
- Fannie Mae and Freddie Mac "Due on Sale " Clause
- Caeli reminds you about how to set up the best way to capture the most money from your property "ARV" - After Rehab Value
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail.
Today's episode is reviewing the events from the week of 9-5-2022.
The topics reviewed are:
- Home Prices Still Forecasted to Appreciate at Meaningful Level
- Initial Jobless Claims Reach Lowest Level Since Late May
- Fed Talks Tough About Inflation
- Family Hack of the Week - Fall Season Maintenance around your home
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey and Caeli Ridge host this episode, and she talks about:
- Caeli discusses current market conditions for the value of your home
- Current interest rates can try to undermine your efforts in investing
- Equity Harvesting - now is the time to do it
- Owner-Occupied loan programs that are available
- Fixed versus ARM (Adjustable Rate Mortgage) products
- Full Amortization versus Interest Only
- Discussion about Condo-tels
- **Bonus Content - Post-Credits - Caeli reviews a property Mike found**
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge hosts this episode and she talks about:
- Secured vs. Unsecured Line of Credit
- Open Questions and Answers
- Quality of Investments when working with TurnKeys
- 2nd Lien HELOCs for Investment Properties
- Buying down your interest rates
- Negotiating Prices are in your favor now!
- Seller-Paid closing costs - how to take advantage of these now!
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey hosts this episode, and he reviews some Community questions:
- The Process of changing an owner-occupied into an investment property
- Cost Segregation practices/strategies
- 1031 Exchanges
- Dealing with a Lender that limits your limits on lending based on your financed properties
- Some other great information
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey and Caeli Ridge host this episode and they talk about:
- Getting ready for your next Long Term Rental
- Neighborhood
- Property Class
- Tenant Pool
- Industry
- Schools
- Age
- Many, Many More...
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey and Caeli Ridge host this episode and they talk about:
- Open Questions and Answers
- Full breakdown of the All-in-One Simulator
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey hosts this episode and he talks about:
- General open questions and answers
- Mortgage Market Meltdown
- Personal Situations
- The All-in-One loan program
- Sweep Account usage
- Explaining ARMs - Adjustable Interest Rates
- Short-Term versus Long-Term Rentals
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode is reviewing the events from the week of 8-29-2022.
The topics reviewed are:
- Young Americans Dominate August’s Jobs Report
- Private Payrolls Show a Slowing Trend
- Initial Jobless Claims Moderate in Recent Weeks
- Family Hack of the Week - Guacamole Recipe from the Food Network
- Home Prices Continue to Rise, Albeit at a Slower Pace
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey hosts this episode and he talks about:
- Financing homes with exclusively Short Term Rental history
- Setting and reviewing your goals for 2022
- KUDOS to Nichole Rich-Byrne for sharing her personal story/situation
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode is reviewing the events from the week of 8-1-2022.
The topics reviewed are:
- July Jobs Report a Big Surprise
- The Fed’s Take on the Labor Market, Inflation and Recession
- Initial Jobless Claims Continue to Creep Higher
- Family Hack of the Week - S'Mores Recipe from the Food Network
- Home Prices Still Forecast to Appreciate at Meaningful Level
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode is reviewing the events from the week of 7-18-2022.
The topics reviewed are:
- More to Existing Home Sales Data Than Meets the Eye
- Builders Cautious About Future Sales
- Construction Data Shows Continued Backlog
- Family Hack of the Week - Advice about your pets outside from the Humane Society
- Initial Jobless Claims Top 250,000 for the First Time This Year
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge and Larry Bailey host this episode and we talk about:
- Having a Summer Book Club
- Nominations
- The Changing World Order
- One Rental At A Time: The Journey to Financial Independence through Real Estate
- Nominations
- Cross-Collateralization (AKA Blanket Loans)
- Closing in the name of your LLC
- Non-Recourse loans
- Transferring your deed from yourself to your LLC after closing
- Using the "Income Approach" for the value of your property
- Remembering how the "All-in-One" loan works - as a "Sweep" account
- Caeli's favorite slogan - "The Math Won't Lie"
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey hosts this episode and he talks you through 3 different kinds of loan programs that help you close more of your loans in real estate investing.
Larry covered these 3 different kinds of loan program series:
- "V-Series" Loans
- Streamline Jumbo Loans
- "D-Series" Loans
Check out the video with the screen share and the documentation in the Community.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode is reviewing the events from the week of 7-11-2022.
The topics reviewed are:
- Consumer Inflation Remains Blistering Hot
- Producer Inflation Also Higher Than Expectations
- Are Jobless Claims the “Canary in the Coal Mine?”
- More Economic Slowdown Signals
- Family Hack of the Week - Grilled Bananas
- Housing Market Remains Strong
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge and Larry Bailey host this episode and we talk evaluating your strategy for your next Investment Property .
We covered:
- How to evaluate for:
- Long-Term Rental
- Short-Term Rental
- Appreciation to Sell
- BRRRR
- Property Management
- We will also review and re-post the Property Management Questions checklist with the call replay.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode is reviewing the events from the week of 6-27-2022.
The topics reviewed are:
- Consumer Inflation Remains Near 40-Year High
- Home Purchase Activity Still Standing Strong
- Home Price Appreciation Remained Hot in April
- Final First Quarter GDP Reading Sparks More Recession Fears
- Keeping an Eye on Jobless Claims
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge and Larry Bailey host this episode and we talk about why you should be reviewing your real estate portfolio and ideas to make it grow.
We covered:
- Reviewing your portfolio
- Planning to grow your portfolio
- Different kinds of loan programs you should consider
- How the Certified Power Buyer® program helps you prepare for your next purchases
- An open Q&A session
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group. We review the events from the previous week in detail. Today's episode is reviewing the events from the week of 6-20-2022.
The topics reviewed are:
- Existing Home Sales Still Strong Into Summer
- The Real Scoop on New Home Inventory
- Fed Chair Powell Testifies That Recession Is “Certainly a Possibility”
- Single-family Rent Price Growth Hits New Record
- Is An Increase In Jobless Claims Ahead?
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge and Larry Bailey host this episode and we talk How to Qualify and Prepare for your Next Investment Property.
We covered:
- How Ridge Lending Group customizes your loan program for your next investment
- Ridge Lending Group is not a one-size-fits-all
- Fannie/Freddie
- DSCR
- Bank Statements
- ITN
- 1099
- Ideas for "finding" money for investments
- Joint Venture
- Line of Credit or Cash-Out Refinance your primary home or investment property
- Other People's Money (OPM) and leverage
- Use your LLC and record a lien to make the refinance a Rate/Term refinance
- Adjustable Rate Mortgages should be strongly considered now
- Listener question -
- What could be the best choice of how to take an investment property owned free and clear and turn that into more investment opportunities
- 1031 Exchange overview and comments
- Taking your current primary home and turning it into an investment property ("House Hack")
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com or send a text to 503-741-2142
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey hosts this episode and reviews some current market information and how this could affect you as a real estate investor.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the market wrap information. Sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge and Larry Bailey host this episode and we talk about today's rates and what to do about it. We covered:
- Fixed Rate vs Adjustable Rate Mortgages
- How rates actually affect your cashflow
- Q&A topics
- Using a Debt Service Coverage Ratio loan for a purchase
- How the LTV ratios are mostly the same for ARMs (Adjustable Rate Mortgage) vs FRMs (Fixed Rate Mortgage)
- Qualifying using a 3/1 and 5/1 ARM vs 7/1 and 10/1 ARM
- Cashflow is still important, even if it is just a little negative
- Caeli's COVID experience
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey hosts this episode and reviews how Ridge Lending Group (and all lenders) determine your eligibility for a new loan using LTV (Loan to Value) and DTI (Debt to Income). DTI can change depending on your occupancy (Primary home, Second home, or Investment), as well as the amount of rent you can use and document for your investment loan. Follow along to find out more.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey hosts this episode and reviews some current market information and how this could affect you as a real estate investor.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the market wrap information. Sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the market wrap information. Sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the weekly market newsletter from Ridge Lending Group.
The information is sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the market wrap information. Sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the market wrap information. Sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
This is the market wrap information. Sourced from MBS Highway.
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey hosts this episode and reviews some Market Talk, LTVs, Pre-Approvals, and W/2 vs 1099 income.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey hosts this episode and reviews the idea of finding and preparing for the next purchase. How to compete and win in a demanding market (wherever you are). And remind me why are you sticking to that market...?
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com or send a text to 503-741-2142
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge shares her story of being a real estate investor. She takes us back to her beginnings and what she would think about doing differently. She also recommends what she would tell you about her lessons learned.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Larry Bailey hosts this episode and reviews the idea of finding and preparing for the next purchase. How to compete and win in a demanding market (wherever you are). And remind me why are you sticking to that market...?
There is a great referral to the folks helping spread financial awareness. Visit https://www.ngpf.org/ to find out more
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge reviews when it makes sense to refinance (goals, costs, terms).
Lots of great Q&A from those that attended!! Thank you all for coming.
You can join these live each week by following this link to join the call:
https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/list
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Today's show was hosted by Larry Bailey and he will be covering the details of mortgage lending and what goes on "behind the curtains" in mortgage application processing, underwriting, and closing. This will be a 2 part series, so make sure you are asking questions along the way. Here is a proposed agenda for our mini-series:
The agenda of the call is:
- Choosing a lender
- How to start and complete a mortgage application
- What kinds of documents will you need to send in and when
- What are the costs of applying for a mortgage
- What is a pre-qualification
- What is a pre-approval
- What is an underwriting approval / commitment to lend
- What are underwriting conditions
- What is title insurance for
- Getting ready for closing and how to avoid jeopardizing your application
- What happens at the closing table
- What happens after the closing
- When to choose a new lender
Caeli Ridge discusses all about The BRRR Method.
In this episode Caeli reviews
- Using the BRRR method you will need to:
- Buy
- Rehab
- Rent
- Refinance (to pull money out for the next investment)
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge discusses all about credit reports, credit scores and the details of working with credit reports.
In this episode Caeli reviews
- An actual credit report (redacted information)
- Credit scores
- How the credit scores can change
- How a credit score can affect your mortgage application
- How a credit score can affect your mortgage interest rate
- Q & A from the group
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Today's show will be hosted by Larry Bailey and he will be covering the details of mortgage lending preparation (as a borrower), as well as what goes on "behind the curtains" in mortgage application processing, underwriting, and closing. This will be a 2 part series, so make sure you are asking questions along the way. Here is a proposed agenda for our mini-series:
Process for preparing for a new mortgage
- Income documents and calculations
- Credit report review and preparations
- Assets review and preparation
- Property review
- Choosing a lender
- How to start and complete a mortgage application
- What kinds of documents will you need to send in and when
- What are the costs of applying for a mortgage
- What is a pre-qualification
- What is a pre-approval
- What is an underwriting approval / commitment to lend
- What are underwriting conditions
- What is title insurance for
- Getting ready for closing and how to avoid jeopardizing your application
- What happens at the closing table
- What happens after the closing
- When to choose a new lender
Caeli Ridge goes through different scenarios with the All-in-One loan program at Ridge Lending Group.
This is part 2 of 2.
In this episode Caeli reviews
How the simulator works
Why the AOI loan calculations change the way they do
When the AOI is a good choice
When the AOI is not a good choice
Live example of combining 2 existing loans together into 1 AOI loan
Some general Q&A
Tune into the previous episode for more details and using the All-In-One Simulator on 3-15-2022
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli Ridge discusses all about the All-in-One loan program at Ridge Lending Group.
This is part 1 of 2.
In this episode Caeli reviews
- What is the All-in-One loan program
- What kinds of properties can you use it against
- Reasons why it is a good loan for you
- Reasons why it is not a good loan for you
- General Use Cases as examples
- Some general Q&A
Tune into the next episode for more details and using the All-In-One Simulator
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Caeli covers what you need to know about when the Fannie Mae and Freddie Mac guidelines no longer help you close on your mortgage loan. We covered some of the following loan programs listed below - most are now included in the term of "Non-QM" or non-qualified mortgage (remember that a qualified mortgage is a technical term created by the Dodd-Frank legislation in 2010), AKA non-Fannie Mae / Freddie Mac
- Bank Statements
- Asset Depletion
- DSCR (Debt Service Coverage Ratio loan)
- Interest Only
- Mortgage History 1x30x12
- 1099s
- Bank Statements Only
- Alt-Doc
- Foreign National
- Closing in LLC
- Bridge loans
- Commercial
- In-house with questionnaire
- Mixed-Use
As always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com
Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending Group
NMLS #42056 | BK #0910215 | CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender | All Rights Reserved
Privacy Policy | Legal Disclosure | Consumer Access | Texas Mortgage Notice
Yesterday was an amazing day. Ridge Lending Group has launched the world's first Certified Power Buyer® program for real estate investors. Along side t our clients, we have established the world's first Certified Power Buyer Association®. This new program merges decades of experience, the newest technologies, planning, resources, and partners with inventory ready and available to members of the association.
This is different than any other offering available as it is a personalized long-term relationship and planning cooperative between real estate investors, a lender with a national footprint, and sources of real estate inventory across the entire country. We are confident that the levels of service, communication, and fulfillment are unmatched in the marketplace.
We believe that transactional relationships can work great for an owner-occupied or even a second home purchase. When it comes to real estate investing, however, we have found that the most successful outcomes are the result of solid planning, along with a team and the resources to support the plan. That is what the Certified Power Buyer Association® is all about.
If you are interested in joining the association and becoming a Certified Power Buyer®, please visit our website for more in formation and to take the next steps https://www.ridgelendinggroup.com/certified-power-buyer/
These are 5 questions Caeli Ridge has answered from the Ridge Lending Group community. Join our "Live with Caeli" calls each Tuesday beginning at 4:30 PM Eastern. If you are not part of the community, please click this link to join - https://community.ridgelendinggroup.com/share/DtT7DysUVUdTn8pi?utm_source=manual
Here are the 5 questions:
00:23 1. Which is a better investment for a new Real Estate Investor? One 16 unit building or 4 separate 4-unit buildings?
01:58 2. What are some steps to take to prepare for mixed use or commercial financing?
03:13 3. Can you help your tenant by reporting their rental payment history to the credit bureaus?
04:16 4. Will cash reserves help when income is low or DTI is high?
06:41 5. Does Ridge Lending Group only lend on 1-4 unit housing?
This is the replay for the Live with Caeli 2-22-2022 event hosted on the Ridge Lending Community. We covered all about using a non-income spouse or partner to qualify for their own financing. This includes Fannie Mae / Freddie Mac loans, Debt Service Coverage Ratio loans and more.
Join the Ridge Lending Group Community using this link - https://community.ridgelendinggroup.com/share/DtT7DysUVUdTn8pi?utm_source=manual
Live with Caeli - 2-8-2022 Replay
Live with Caeli - 2-1-2022 Replay
This was an event Larry Bailey hosted on 2-10-2022. This was to walk through ideas and experiences of how the 203k loan program works, as well as how it worked for me.
Some good information is as follows:
- The Standard FHA 203(k) Mortgage may be used for remodeling and major repairs. There is a minimum repair cost of $5000 and the use of a 203(k) Consultant is required.
- The minimum credit score is 600
- Terms can be 10Yr., 15Yr., 20Yr., 25Yr., 30Yr. Fixed 5/1 Hybrid ARM
- 1-2 Unit Primary Residence
- Site Condominium
- PUDs
- Property must be an existing Property that has been completed for at least one year prior to the case number assignment date.
- A Property that is not eligible for a 203(b) Mortgage due to health and safety or security issues may be eligible under 203(k) if the rehabilitation or repair work performed will correct such issues.
- A Property with an existing 203(k) Mortgage is not eligible to be refinanced until all repairs are completed
- Maximum LTV/CLTV/HCLTV - • Purchase 96.50%• Rate/Term Refinance 97.75%
- HUD main link for all things 203k click here
Caeli Ridge goes into the details of the forms. You can find the actual forms on the Ridge Lending Group community article here -
Join us each week on Tuesdays for more Live with Caeli Ridge. Each Tuesday beginning at 4:30 PM Eastern.
Hello all - another great time with Caeli Ridge and everyone who showed up to interact and get their questions answered. Today, we covered how to create and manage your plan to be a Real Estate Investor. Caeli covered the basics with some dives into the activities it takes to stay on top of your portfolio.
Caeli Ridge explains what the new conforming loan limits are for 2022.
OK, my first topic.
What are the three primary benefits of real estate investing?
Now, most of you on this call are going to be very familiar with this. And I'll take just not a deep dive, but a quick dive into each one of these.
So residential real estate investing, generally speaking the top three: cash flow, appreciation and tax benefit.
This episode digs into each of these topics.
These live weekly kind of educational platforms are going to, I hope, adds some great value to you all. We're very interested in feedback. So first and foremost, as our first kind of stab at this, I would like to hear from each of you on this live recording today.
I'm going to give you just the quick 30,000 foot view about Ridge, who we are as a company, what it is that we do. Some of you have heard this sound bite before, so I hate the idea of being redundant, but for everybody else, this is what we're about.
We are a second generation company. We focus a large amount of our attention on the non-owner-occupied individual residential real estate investor. We do commercial as well, but residential is most of what occupies our day to day.
We are licensed nationwide, so we have a nice, broad footprint. There are four states that are an exception to that statement. We are not in Alaska, North Dakota, New York or Vermont. Pretty sure it's Vermont. Otherwise, we're going to be everywhere
I am a fellow real estate investor. I've held many, many properties all over the United States, so I hope that that unique perspective adds some credibility to who we are and what we deliver for our investor clients.
It's really about teaching our clients how to get to that next level, and that goes back into the optimization.
We will find a way in which to educate you, to get you to qualify, right? If there's some wood that we have to cut upfront, we're able to lay it out, provide you with the information so that you have the tools to then get back in the saddle when the time comes.
FHA - the Federal Housing Administration - www.HUD.gov - has increased the loan limits for 2022.
Hi again, everyone. Caeli here. Happy New Year to you, all. I just finished recording a video announcing the new conforming agency, a.k.a. Fannie/Freddie loan limits. I am now going to provide the FHA not to be confused with Fannie/Freddie loan limits as a quick distinction.
FHA and VA and USDA does "Govvie" as we call them in our industry, loan products only apply to owner occupied or primary residence transactions. And as we saw some increase to the conforming loan limits as it applied to Fannie/Freddie.
As such, FHA has followed suit. So I have those numbers for you. The old FHA County loan limit baseline was at $365,362. I've got my cheat sheet over here. The new conforming loan limit for FHA is now $420,680.
Just like the Fannie/Freddie loans, FHA does have high cost areas. Those are going to be Hawaii, California, Alaska, Connecticut, places like that. And those high cost areas are going to be for single family residence. All of what I've said so far is for single family residence.
The oldest $822,375, the new FHA high cost area loan limit is $970,800. Hopefully this is helpful to you. Those of you are looking to utilize FHA for your owner occupied transactions. We look forward to hearing from you and serving all of your lending needs.
Thanks for listening.
Caeli Ridge