Brian Spotswood - Mortgage Lender with Loan Depot - NMLS# 35282

03/17/2022

Initial Jobless Claims, which measures individuals filing for unemployment benefits for the first time, decreased 15,000 to 214,000. Continuing claims, which are those that continue to receive benefits after their initial claim, decreased 71,000 to 1.4M, which is a low going back to 1970. The labor market remains tight and employers are holding onto their workers.

01/19/2022

👀 The housing market index is still very strong. If you're waiting to buy, it may be a very long wait.

The January NAHB Housing Market Index, which is a real time reading on builder confidence, fell one point to 83…but it remains at a very strong level. Any reading above 50 signals expansion. For perspective, this index was at 80 in October and 83 in November and reached an all-time high of 90 in N...

10/14/2021

If your homestead property is in the State of Texas and you would like to reduce your current mortgage payment, the Texas 50(f)(2) or Texas 50(a)(4) non-home equity loan could be a viable option.

- https://www.loandepot.com/bspotswood?utm_source=TE&utm_medium=Social&utm_campaign=441526&ldec=Retail_TE_Social_441526&loid=bspotswood

08/20/2021

We at loanDepot know that home loans are never one-size-fits-all. That’s why I’m committed to helping you find the perfect loan for your and your situation. Contact me today so we can get the process started!

- https://www.loandepot.com/bspotswood?utm_source=TE&utm_medium=Social&utm_campaign=552153j&ldec=Retail_TE_Social_552153j&loid=bspotswood

07/25/2021

The mellohome network is a sophisticated lead infrastructure that aggregates digital inquiries, pre-qualifies buyers and matches them with top local real estate agents like you. If you are curious to learn more, don’t forget to check out mellohome.com/agents

- https://www.loandepot.com/bspotswood?utm_source=TE&utm_medium=Social&utm_campaign=218147v2d&ldec=Retail_TE_Social_218147v2d&loid=bspotswood

07/24/2021

What would it mean for you to potentially reduce your monthly housing expense and create more financial breathing room? With the new RefiNow program, you may be able to take advantage of historically low rates and refinance your existing Fannie Mae mortgage to lower monthly mortgage payments. Contact me today to learn more!

- https://www.loandepot.com/bspotswood?utm_source=TE&utm_medium=Social&utm_campaign=511150b&ldec=Retail_TE_Social_511150b&loid=bspotswood

07/24/2021

Did you know you may be able to take cash out to purchase an investment property? If you've been thinking about buying a vacation home or an investment property, now may be a great time to take action. Tap into your home's equity and use the cash for your down payment, home improvements, or for any reason at all with loanDepot’s wide range of refinancing options. Contact me to determine the best route to meet your financial needs.

- https://www.loandepot.com/bspotswood?utm_source=TE&utm_medium=Social&utm_campaign=525500o&ldec=Retail_TE_Social_525500o&loid=bspotswood

07/24/2021

This is a question I get almost daily. There are rules of thumb like 2x or 3x your annual income that some people like to use. This question is actually a rabbit hole that can go much deeper though.

Things to consider are how much are you actually comfortable committing to each month? And how much can we actually qualify you for?

Depending on the particular scenario you often can have debts that are upwards of 40-50% or more of your monthly PRE-TAX income. If that is all just the house, then you may be qualifying for more home than you really want.

This is why its important to not just use any lender you find, but someone with experience and real compassion for his clients.

- https://www.loandepot.com/mortgage-calculator/affordability?utm_source=TE&utm_medium=Social&utm_campaign=525500n&ldec=Retail_TE_Social_525500n&loid=bspotswood

07/04/2021

Happy Fourth of July! Here's to life, liberty and the pursuit of happiness.

- https://www.loandepot.com/bspotswood?utm_source=TE&utm_medium=Social&utm_campaign=525500a&ldec=Retail_TE_Social_525500a&loid=bspotswood

03/02/2021

We all need a little help sometimes. Today I have my Pawduction assistant Walter helping me knock out some work. 🐶

03/02/2021

Getting a home loan doesn't have to make your head spin.🥴

It just takes the right person with the right tools.

03/01/2021

A lot of clients ask me what equity is, and today I give you a quick explanation of it with this video.