MLO | Mortgage & Real Estate Podcast
Learn How to Win the Mortgage Game when Buying, Selling or Refinancing MLO (Modern Loan Officer) one of the fastest growing Financial Podcasts. MLO focuses on assisting everyone in winning the Mortgage game. If you are planning to Buy, Sell or Refinance your Home this is Podcast to follow. Hosted by Licensed Mortgage Advisor & Loan Officers: Addison Nett (Addy Nett) NMLS 1542184 - Casey Carpenter NMLS 1458123 - Mikal Mele NMLS 963197 - Mortgage Express, LLC - NMLS COMPANY ID: 40831 | EQUAL HOUSING LENDER
Not a commitment to lock or lend. Terms and conditions apply. Not all applicants will qualify. Licensed in OR/WA/CA/AZ/ID with licensing in California by the Department of Financial Protection and Innovation (DFPI) under the Residential Mortgage Act. Questions and concerns may be directed to our Corporate Office or customerservice@mtgxps.com. Visit www.nmlsconsumeraccess.org for more information.
MLO | Mortgage & Real Estate Podcast
Five Tips to Combat Inflation
Addy & Casey discuss their favorite tips and tricks to combat the pitfalls of inflation.
1. Introduction
- The hosts, Casey and Addy discuss the impact of inflation on American households.
- They emphasize the importance of taking action to combat the effects of rising costs.
2. Importance of Tracking Spending
- The hosts recommend getting comfortable with reviewing your spending through banking apps and digital tools.
- They suggest building habits like checking your accounts daily or on specific dates (1st and 15th) to stay on top of your finances.
3. Budgeting and Expense Tracking
- The hosts encourage creating a budget, even if it's a simple one, to understand your spending patterns.
- They recommend reviewing your past 2-3 months of expenses to identify areas for potential savings.
4. Grocery Shopping Strategies
- Making a shopping list and avoiding grocery shopping while hungry can help reduce impulse purchases and food waste.
- The hosts suggest leaving the kids at home to minimize additional spending temptations.
5. Managing Credit Card Debt
- The hosts discuss the high interest rates and fees charged by major credit card companies, highlighting the importance of addressing this debt.
- They recommend exploring options like balance transfer offers or debt consolidation loans to reduce interest rates and pay down the balances more effectively.
6. Refinancing Auto Loans
- The hosts note that the auto industry has seen a significant drop in used car values, leading to opportunities to refinance high-interest auto loans.
- They emphasize the importance of avoiding multiple hard credit checks when exploring refinancing options.
7. Maintaining Vehicles
- The hosts suggest prioritizing regular maintenance, such as oil changes and air filter replacements, to avoid costly repairs down the line.
- They highlight the potential savings of doing some maintenance tasks yourself, like replacing air filters.
8. Reviewing Insurance Policies
- The hosts recommend reviewing your auto and home insurance policies, as loyalty may not be rewarded, and there may be opportunities for savings by switching providers.
- They note that credit scores can also impact insurance rates, so it's essential to maintain a good credit profile.
9. Conclusion
- The hosts summarize the key tips for combating inflation, including getting comfortable with your finances, patching up spending leaks, and exploring opportunities to reduce interest rates and payments.
- They emphasize the importance of taking action and staying vigilant to stay ahead of the challenges posed by rising costs.
Mikal Mele
Loan Officer & Mortgage Advisor
NMLS 963197
Casey Carpenter
Loan Officer & Mortgage Advisor
NMLS 1458123
Addy Nett
Loan Officer & Mortgage Advisor
NMLS 1542184
Not a commitment to Lock or Lend. Terms and conditions apply. Not all applicants will qualify. Mortgage Express, LLC. is an Equal Housing Lender. Company ID# 40831
