Get Rich Education

#85: If you want more property, not less, you’ll structure your financial life to leverage more income property loans for yourself. Graham Parham, Senior Mortgage Loan Officer with Highlands Residential Mortgage in north Texas, talks down payments, debt-to-income ratios, credit scores, reserves, the overall lending environment, Refinancing vs. a 1031 Exchange, HELOCs and more. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 04:11  The last housing crash was primarily due to irresponsible lending practices. 05:18  We’re talking only about about 1-4 unit income property loans today, not primary residences. 06:02  The mortgage industry is preparing to loosen lending guidelines. 09:22  Reserve requirements - 100% of retirement assets count, up from 60%. 10:48  How to use the lowest down payment possible on a conventional loan. 11:39  Minimum down payments: 20% on single-family homes, 25% on