WTF is…A Mortgage?! Ft. The #1 Female Loan Officer in WI, Kristen Ambos

WTF is a mortgage… and how are we supposed to make one of the biggest financial decisions of our lives when no one ever actually explained it to us?In this episode, we sit down with Actual* Expert Kristin Ambos, Chief Production Officer at Point Mortgage Corporation and the number one female loan officer in Wisconsin, to finally demystify home buying. We get into what a mortgage actually is (beyond “a loan with a fancy name”), how lenders decide what you can afford, and why your debt-to-income ratio and monthly payment matter way more than the headline interest rate.We cover:Should you buy or keep renting – and how to actually compare the twoWhat really happens if you sell before your 30-year mortgage is upThe truth about 0–20% down payments (and why 20% isn’t a magic rule)Refinancing, second mortgages & adjustable-rate mortgages (ARMs) – what’s smart, what’s riskyHow to avoid becoming “house poor” and blowing up the rest of your life for four wallsHow to find a good loan officer (and major red flags to run from)Kristin also shares why single women are outpacing single men in buying homes and the one thing she wishes every woman knew before signing on the dotted line.If you’ve ever thought, “I have a mortgage and I still don’t know how it works,” this one is for you.🎧 Listen, save, and send to the group chat – especially that friend who’s Zillow-scrolling at 1am.[00:55] Welcome to Actual Experts[2:55] Why Mortgages Feel So Confusing[04:55] Housing Stats & Why We’re Not Behind[13:55] Meet Our Actual Expert: Kristin Ambos[15:45] WTF Is a Mortgage (For Real)?[20:00] Kristin’s Story & Being #1 Female Loan Officer[29:00] First-Time Buyer 101: What Kristin Looks At First[31:30] Debt-to-Income & Avoiding Being House Poor[40:00] Buy vs Rent: Which Makes Sense For You?[50:00] Good Market vs Bad Market – Should You Wait?[1:06:30] Myth Busting: 20% Down, Debt-Free First & More[1:13:30] What Kristin Wishes All Women Knew[1:16:00] The Debrief[1:23:00] Sneak Peak: What’s coming next week (Trigger Warning)

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