Thinking about buying a home? This episode features a conversation with home loan advisor Vincent Newsome from National Mortgage Funding, providing crucial mortgage advice that most lenders might not openly share. We discuss what every home buyer needs to know to navigate the complex world of mortgages, ensuring you're well-equipped with finance tips for your home buyer journey. Get the essential mortgage tips to make informed decisions.Most buyers sit down with a lender and wait to be told what they qualify for. But what lenders know, and what buyers rarely think to ask, can make a real difference in what you qualify for, how much you actually pay, and whether you walk into closing day ready or caught off guard.In this episode, Metro Detroit Realtor Leslie E. Martin sits down with home loan advisor Vincent Newsome of National Mortgage Funding in Troy, Michigan for their fourth conversation together. This one goes deep on the financial details that determine what you can borrow, what it really means if your income is self-employed or 1099, how seller concessions work by loan type, and the exact steps to take right now if you want to be ready to buy in the next 12 months.If you are a first time home buyer or a move-up buyer in Metro Detroit, Wayne County, Oakland County, or Macomb County, this conversation is for you.If you have questions about the buying or selling process, I’ve created a couple of free guides you can download at your convenience:📖 *Home Buyer’s Guide:* https://www.leslieemartin.com/download-the-home-buyers-guide/📖 *Home Seller’s Guide:* https://www.leslieemartin.com/download-the-home-sellers-guide/ *What we cover in this episode:*00:00 Introduction01:13 What is a debt to income ratio and what does it really mean for your home loan03:05 Self-employed and 1099 income: how lenders qualify you differently05:47 What seller concessions are and how to use them by loan type08:30 How to set yourself up to buy a home in the next 12 months11:08 Where to find Vincent Newsome11:44 Download the free Metro Detroit Home Buyer's Guide*Contact Leslie E. Martin, Realtor® | Metro Detroit Real Estate Expert*📧 leslie@leslieemartin.com📱 Phone: (734) 846-8358🌐 Website: https://www.leslieemartin.com💼 LinkedIn: https://www.linkedin.com/in/leslie-martin-68a9a922a/💼 Google Business Page: https://share.google/UUzTvC67ItmnyRg4p🏡 Zillow: https://www.zillow.com/profile/LeslieEMartin📸 Instagram: https://www.instagram.com/leslieemartindtw🎥 Youtube: https://www.youtube.com/@leslieemartin📖 Canvas Rebel: https://www.canvasrebel.com/meet-leslie-martin-2/📘 Facebook: https://www.facebook.com/LeslieEMartinRealtor#metrodetroitrealestate #homebuying #homeloan