FIRM FOUNDATIONS FOR YOUR HOME & FACTORS TO FIRM UP FOR MORTGAGE QUALIFICATION

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On this St. Patrick’s Day weekend we are talking about bring luck to yourself when it comes to your homes foundation and getting qualified for your home loan. Matt Vacca from Redeemers Group will be sharing some helpful info on how to determine if your home’s foundation is safe and sound and what to do if it’s not.

Let’s stay connected! Subscribe to Real Estate Mortgage Shoppe podcasts with show notes at www.JoGarner.com Call me the old-fashioned way and let’s talk about YOUR home loan options. (901) 482-0354 or email at Jo@JoGarner.com

To Your Success,
Jo Garner, Mortgage Loan Officer NMLS# 757308 (901) 482-0354

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TOP OF THE MORNING

Good morning, Memphis! Welcome to our internet listeners and podcast listeners across the 50 states! You’re on Real Estate Mortgage Shoppe. I’m your host, Jo Garner, Mortgage Loan Officer. You can connect with me at www.JoGarner.com. Our general topic is FIRM FOUNDATIONS FOR YOUR HOME & FACTORS TO FIRM UP FOR MORTGAGE QUALIFICATION. Subscribe to get our weekly blogposts with podcasts at www.JoGarner.com. Call us while we are live at (901) 535-9732 Today is March 16, 2019.

On this St. Patrick’s Day weekend we are talking about bring luck to yourself when it comes to your homes foundation and getting qualified for your home loan. Matt Vacca from Redeemers Group will be sharing some helpful info on how to determine if your home’s foundation is safe and sound and what to do if it’s not.

 

INTRODUCING MATT VACCA OF REDEEMERS GROUP

Sitting in the co-host chair today we have our home foundation expert, Matt Vacca of Redeemers Group, the foundation experts with a great name and multiple awards for the excellence.. Matt, you are the Systems Design Specialist at Redeemers Group. Your day to day involves meeting with homeowners that are experiencing issues with their homes, diagnosing the problem, and designing the right solution for them. I bet you have seen quite a number of foundation problems with all the rain we have been having in the South. (Matt introduce himself and talks about what Redeemers Group does for their clients )

 

FOUNDATIONS FOR BUILDING A HOUSE OR BUILDING A LIFE

(Jo) Matt, I know you are happy doing what you do and you do it well. Talking about foundations reminds me of a quote by Lailah Akita-“A willing soul will keenly go the length, breadth and depth to fulfill the dream.” When you want to do something lasting and worthwhile, you have to start with a good foundation.
It may be building a house or building a life. If part of your life plan is to own your home (or a bunch of homes,) and you need some smart financing to get your started, know your comfort level on a payment and down payment. Then get qualified for the right loan with the right terms. Sounds easy, right?

 

WORKING HARD BUT WORKING SMART TOO

Timothy Tannin (not his real name) owned his own business. Several years ago, he had started small, worked hard but he worked smart too. Gradually over time, he invested in people who were really good at what they did and he let them do what they did best—even let them cross train others to take care of his business so that he and his wife and family could spend more and more time at the river with friends and family.
His heart was set on this one home down at the river that would be PERFECT as his vacation home for relaxing and doing the entertaining he dreamed of doing. He went to his bank for the loan and was turned down for not showing enough income.
“How can I be turned down for a loan? My credit is good and I have all kinds of money in your bank,” Timothy was stunned and continued pleading with his banker.
The banker shook his head, “Your credit is fine and you have a lot of money in our bank. You just don’t show enough income on your tax returns to qualify for the loan.”
Timothy then went to another bank that turned him down for the same reason. He had heard from another self-employed friend about this mortgage loan officer who could “squeeze gold out of a turnip.” He scanned over to me all pages of his last two years tax returns—his personal and business returns.
On the front page of his personal tax return it showed almost no income for business income. “No wonder his bank turned him down,” I thought. I flipped the tax return over and started from the back, going through the pages with my calculator at one hand adding back to income each one of the expenses Timothy had deducted that qualified to be added back to income.
These were some of the items I could add back-depreciation on heavy equipment he had deducted which added up to about $60,000 dollars. I added back 23 cents per business mile and a few other fairly large items to income. By the time I got back to the front page of his tax return, I had over $100,000 in qualified income and he was approved for his mortgage.
Sometimes when you are planning to buy or build your home, or set up your real estate investing business, or restructure all of your finances with a home refinance, you need some experts to come alongside and protect you from pain or loss on your journey. MAKE YOUR PLAN. LET’S WORK YOUR PLAN. IF THE DEAL WORKS FOR YOU TODAY, LET’S DO IT TODAY. Connect with me at www.JoGarner.com. Email me at Jo@JoGarner.com or just call me at (901) 482-0354.
Matt, since you are our home foundation repair expert from Redeemers Group, take a few minutes to talk about keeping a structurally strong foundation under our homes.

 

YOUR HOME’S CRAWL SPACE-TO VENT OR NOT TO VENT-THAT IS THE QUESTION

(Matt starts launching into one or two of his topics )
You’re on Real Estate Mortgage Shoppe. I’m Jo Garner, your host, mortgage loan officer. You can connect with me at www.JoGarner.com You can now find me talking mortgages over at Mortgage Lending Partners powered by HomeVantage Mortgage. When we come back Matt Vacca of Redeemers Group will be helping you know how to have a firm foundation on YOUR home.

 

LOOK BACK MEMPHIS TRIVIA CONTEST

2nd segment after 9:15 break: Our Look Back Memphis Trivia Contest is sponsored by John and Jennifer Lawhon of Lawhon Landscape (901) 754-7474 the Lawhon’s can help you plan your landscaping if you have a BIG, BIG project or a smaller project . The Lawhons are giving away a $25 gift card to the first person with the correct trivia answer. If you know the answer to our trivia question, call us at 901 535-9732.

Silky O’Sullivan
St. Patrick’s Day Parade
What am I?
Question: What is the name of this annual Memphis Saint Patrick’s Day event?

Hint: This year 2019 is the 46th year this event has been held in Memphis
Hint: This event is named for a bar and grill
Hint: This event happens downtown and is happening TODAY, March 16, 2019

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TOPICS COVERED BY MATT VACCA OF REDEEMERS GROUP

1. FOUNDATION VENTING OR NON-VENTING DEBATE- When is it good to vent your home underneath and when is it better NOT to vent? Is there a rule of thumb?

2. (Jo) When we have had you guys on in the past, we have talked about the Redeemers Group “purpose.” Tell our listeners about that that may not have heard that before.
(Matt) I love that. Our purpose is why we do what we do every day. TO REDFINE OUR INDUSTRY.
(Matt elaborates here on what that means)

3. (Jo) We have had lots of rain in the Mid-South. But most everyone likes to live in comfortable, dry homes

(MATT) (Main topic) Rain = busy and the tendency to wait too long by homeowners
secondary and further:
water issues and structural issues being related
differences with those in conventional vs slab foundations
(Jo) We’ve been in the middle of rain, rain,rain..etc.

(Matt) responds to Jo’s intro here

4. (Jo) Does the phone ring off the hook at the office when there has been non-stop rain?
(Matt) (talks about lots of rain equals being very busy but also the tendency to wait until it is full of water to react vs when they first notice dampness or musty odors or smaller water intrusion etc. Makes it difficult for us to respond as quickly as we would like to every person).

(Jo) Is that really the tendency? To wait until there is a big problem? Why do you think that is?
(Or if this is relatable to you Jo somehow in lending or something?)

(Matt) Homes are such a big investment and an emotional one.. When something goes wrong it stings. If you have water pooling under your house in the crawl space or making its way in, as it usually does, into the basement or garage or wherever else, THAT is not a repair you tend to get excited about. It is not a kitchen remodel. We are not installing granite countertops that you’ve been waiting for! So, we are all guilty of it at some point. You start to notice things around the house: a tree root that may be starting to mess with the corner of the house or some cracking in the walls, or a door that doesn’t open as easily. These things happen. When you start to look at seemingly bigger problems like, “is my foundation failing?” “does the water in the crawl space even matter?” or “water keeps getting in my basement,” those are scarier questions for people, and I get it!

(Jo) responds accordingly….

(Matt) Research shows that a large percentage of people tend to wait 6 or more years to address more serious issues in their home.
((((If questioned by a caller- this is research done by Supportworks, Inc. across the US related specifically to structural repair and waterproofing related problems.)))

(Jo) What does that ultimately mean though when they wait that long?

(Matt) It is certainly “possible” it won’t mean much, but, that’s unfortunately not what we tend to see. We can count on rain. We can count on the sun to dry it out. The cycle will keep repeating, so the soil will keep responding accordingly. In the majority of cases, the problem gets worse every 90 days or so on average-of course every home is different. So over time, you have a much bigger issue which unfortunately means a much bigger cost to restoring your home to its original value and structural soundness.

(Jo) We are talking about rain and you’ve mentioned crawl spaces and you’ve mentioned structural soundness. They’re all connected?

(Matt) They are. The soaking and drying out process of the soil wrecks havoc on our home’s structural integrity regardless of whether its built on a slab or conventional (crawl space) foundation.

(Jo) Is one better than the other?

(Matt) I suppose that’s a matter of preference. Not really because there are pros and cons to both. Crawl spaces need to be properly encapsulated with a full system that addresses water output and regulating the air to make sure its a “healthy” environment for the home. BUT, it also makes structural repairs possible without having to remove flooring from inside of the home in most cases. No one wants to have to rip up their hardwoods they love and then have to pay a flooring company to put new ones down. It all depends really, you don’t ALWAYS have to take up flooring on a slab to correct structural problems, but sometimes you do. It all depends where the structure is failing.

(Jo) Going back to what you said about creating a “healthy” environment in the crawl space…That’s not something we are used to hearing or thinking about! Tell us more about that.

(Matt) We kind of ignore our crawl spaces for the most part, right? Unless they’re full of water maybe? The air in the crawl space makes its way up into the home….That’s kind of a sobering thought. For homes on a crawl space (conventional), the water fuels mold growth and deterioration of floor joists rotting. Mold and rot need air, food, and water to thrive. Can’t do much about air! Can’t do much about food because our house if full of organic materials (wood, insulation, etc)! So what we can affect is the water and the relative humidity in the crawl space.

(Jo) What you’re talking about is much different than opening and closing vents on your crawl space.

(Matt) That is still a debate among homeowners today and it shouldn’t be. Until a few years ago, building codes specified that homes on a conventional foundation should be vented. They were finally updated a few years back. A key takeaway today should be, you never what to open and close the vents on your crawl space. They should be sealed. That old philosophy was around for so long, and it took a long time for code to come up to date, that many people still hold on to that. Unfortunately it makes the problem worse. We have a number of articles on our website the really break this down for people who are interested in digging into the nuts and bolts of that.

(Jo)- how would they find that?

(Matt) So they can visit our website at redeemersgroup.com and under the “About us” section they will see an option for “Technical papers.” They can find articles about venting a crawlspace during different times of year and all the math and science behind it.
If time allows:

 

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About Matt:

https://www.redeemersgroup.com/about-us/meet-the-team/18622-matt-vacca.html
What I would add to that because it looks like it could use a more recent touch up is that Matt is part of our System Design Specialist team. His day to day involves meeting with homeowners that are experiencing issues with their homes, diagnosing the problem, and designing the right solution for them. So he sees these issues every day.

(Main topic) Rain = busy and the tendency to wait too long by homeowners
secondary and further:
water issues and structural issues being related
differences with those in conventional vs slab foundations
The venting vs non venting a crawl space debate
the Redeemers Group purpose

(Jo) We’ve been in the middle of rain, rain,rain..etc.

(Matt) responds to Jo’s intro here

(Jo) Does the phone ring off the hook at the office when there has been non-stop rain?

(Matt) (talks about lots of rain equals being very busy but also the tendency to wait until it is full of water to react vs when they first notice dampness or musty odors or smaller water intrusion etc. Makes it difficult for us to respond as quickly as we would like to every person).

(Jo) Is that really the tendency? To wait until there is a big problem? Why do you think that is?

(Or if this is relatable to you Jo somehow in lending or something?)

(Matt) Homes are such a big investment and an emotional one.. When something goes wrong it stings. If you have water pooling under your house in the crawl space or making its way in, as it usually does, into the basement or garage or wherever else, THAT is not a repair you tend to get excited about. It is not a kitchen remodel. We are not installing granite countertops that you’ve been waiting for! So, we are all guilty of it at some point. You start to notice things around the house: a tree root that may be starting to mess with the corner of the house or some cracking in the walls, or a door that doesn’t open as easily. These things happen. When you start to look at seemingly bigger problems like, “is my foundation failing?” “does the water in the crawl space even matter?” or “water keeps getting in my basement,” those are scarier questions for people, and I get it!

(Jo) responds accordingly….

(Matt) Research shows that a large percentage of people tend to wait 6 or more years to address more serious issues in their home.

((((If questioned by a caller- this is research done by Supportworks, Inc. across the US related specifically to structural repair and waterproofing related problems.)))

(Jo) What does that ultimately mean though when they wait that long?

(Matt) It is certainly “possible” it won’t mean much, but, that’s unfortunately not what we tend to see. We can count on rain. We can count on the sun to dry it out. The cycle will keep repeating, so the soil will keep responding accordingly. In the majority of cases, the problem gets worse every 90 days or so on average-of course every home is different. So over time, you have a much bigger issue which unfortunately means a much bigger cost to restoring your home to its original value and structural soundness.

(Jo) We are talking about rain and you’ve mentioned crawl spaces and you’ve mentioned structural soundness. They’re all connected?

(Matt) They are. The soaking and drying out process of the soil wrecks havoc on our home’s structural integrity regardless of whether its built on a slab or conventional (crawl space) foundation.

(Jo) Is one better than the other?

(Matt) I suppose that’s a matter of preference. Not really because there are pros and cons to both. Crawl spaces need to be properly encapsulated with a full system that addresses water output and regulating the air to make sure its a “healthy” environment for the home. BUT, it also makes structural repairs possible without having to remove flooring from inside of the home in most cases. No one wants to have to rip up their hardwoods they love and then have to pay a flooring company to put new ones down. It all depends really, you don’t ALWAYS have to take up flooring on a slab to correct structural problems, but sometimes you do. It all depends where the structure is failing.

(Jo) Going back to what you said about creating a “healthy” environment in the crawl space…That’s not something we are used to hearing or thinking about! Tell us more about that.

(Matt) We kind of ignore our crawl spaces for the most part, right? Unless they’re full of water maybe? The air in the crawl space makes its way up into the home….That’s kind of a sobering thought. For homes on a crawl space (conventional), the water fuels mold growth and deterioration of floor joists rotting. Mold and rot need air, food, and water to thrive. Can’t do much about air! Can’t do much about food because our house if full of organic materials (wood, insulation, etc)! So what we can affect is the water and the relative humidity in the crawl space.

(Jo) What you’re talking about is much different than opening and closing vents on your crawl space.

(Matt) That is still a debate among homeowners today and it shouldn’t be. Until a few years ago, building codes specified that homes on a conventional foundation should be vented. They were finally updated a few years back. A key takeaway today should be, you never what to open and close the vents on your crawl space. They should be sealed. That old philosophy was around for so long, and it took a long time for code to come up to date, that many people still hold on to that. Unfortunately it makes the problem worse. We have a number of articles on our website the really break this down for people who are interested in digging into the nuts and bolts of that.

(Jo)- how would they find that?

(Matt) So they can visit our website at redeemersgroup.com and under the “About us” section they will see an option for “Technical papers.” They can find articles about venting a crawlspace during different times of year and all the math and science behind it.
If time allows:

(Jo) When we have had you guys on in the past, we have talked about the Redeemers Group “purpose.” Tell our listeners about that that may not have heard that before.
(Matt) I love that. Our purpose is why we do what we do every day. TO REDFINE OUR INDUSTRY.
(Matt elaborates here on what that means)

 

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TOPICS COVERED BY JO GARNER, MORTGAGE LOAN OFFICER

1. A lot of people think they have to be on the same job for 2 years or more to qualify for a home. Is that true or false?
A. That is only sometimes true. If you are employed in the same line of business and your employer deducts Federal income taxes and FICA from your paystubs, then you can be at that job for only one day and be qualified as long as your income is guaranteed and you have had continual job or training experience in that line of business or at least a couple of years or more.
B. However, if you are self-employed, or you get a 1099 income with no taxes deducted from the company you are working for, or if 25% or more of your income is commission income, most mortgage programs will require all pages of your last 2 years tax returns to calculate your net income after expenses.
C. Story of the person who started out a W2 employee but switched in the middle of the mortgage process over to
D. Recap the story of Timothy Tannin

2. What about money for a down payment?
A. One of the biggest barriers that people say stop them from buying a house is not having enough down payment. I was shocked when I heard a national real estate show announce that over 90% of the people who, on a survey, said they needed help with a down payment to buy a house, indicated that they thought the minimum percentage for a down payment to purchase a home is about 20% of the price of the house. That is false unless you are buying an investment property to rent out to tenants. Then the minimum down payment is about 15% to 20% of the price of them home. But I need to get in for a lot less I can show you other ways to find funds for that
B. For First -time homebuyers especially but also for other move-up, move-over or Move-down home buyers, there are several ways to find funds to use for the down payment. Many times my mortgage clients get in for zero to less than 5% money down.

Connect with me at www.JoGarner.com or email me at Jo@JoGarner.com or call and let’s talk about your plans to buy a home or refinance one. There are down payment assistance program in almost every city in the United States and here in Memphis too.
Call me and I can try and help you find a down payment assistance program that works best for you.
(Story of home buyer who surprised us when he showed us how he saved so much money in a short time)
3. What about credit? What kind of scores do you have to have to get a mortgage ?
I am not a licensed credit repair person and I direct my clients to the credit bureaus for any final corrections or fixes. There are no guarantees that you will get the exact results you want 100% of the time. What I am sharing with you is based on close observation and study of the cause and effect on numerous mortgage client credit reports).
A. Make your payments on time and do not let them get over 30 days late.
B. If a creditor is contacting you about a collection account, pay it as soon as possible or set up a payment plan with the lowest possible payment per month with an agreement with the collection company not to report negative information about you to the bureaus.
C. Never use more than 30% of your credit card limits. For example, if your credit limit is $10,000, you would never want your balance to go over $3,000. Your utilization habits on revolving account activity makes up over 30% of your credit score.
D. Stay away from 12-months-same-as-cash accounts. Most of the time these type accounts are scored as maxed out revolving accounts. I have seen these accounts drop someone’s score more than 100 points.

4. Do you have to get an appraisal every time you get a mortgage?
A. Some loan programs do not require a full appraisal. Many of the home purchase loans and mortgages where you are refinancing and pulling cash out for paying off high interest debt or combining your first and second mortgages into one stable, fixed rate mortgage.
B. When an appraiser mentions on the appraisal some needed repairs or maintenance negative issues, some of these repairs may have to be completed or cleared before an underwriter will give a full approval o your loan. Some of the items that are important to get completed before closing are fixing broken electrical issues, plumbing issues, heating and air issues, rotted wood, water problems, roof problems, broken glass—items like these that affect the safety and soundness and habitability of the home. If possible work out who and how these items will be fixed before closing. There are some exceptions to these items having to be cleared by closing. Let’s talk if you are in THAT situation.

 

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REAL ESTATE TIP OF THE WEEK

(Matt shares a real estate related money-saving or time-saving tip- most people wait 5 to 6 years before trying to fix a foundation problem. That can make the repair a lot more expensive to fix. Have a professional come out to look at the situation as soon as you see the evidence of a problem.):

 

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ANNOUNCEMENTS:

Talk Shoppe offers free networking & education to anyone interested in real estate or in business. Talk Shoppe meets every Wednesday 9A-10A CT at Pinot’s Palette 8225 Dexter Rd Cordova, TN. This Wednesday March 20th 2019 Talk Shoppe presents: “Blight 101-Fighting Blight in Memphis, Imani Jasper, BEST team, Blight Elimination Steering Team” 901-701-8046.
Talk Shoppe events are free thanks to supporters like Tim Gilliland of www.BackupRX.com When you need to recover lost data on your computer, you will feel very thankful when you call Tim at BackupRX and simply download all your data and system files immediately when you need it. Contact BackupRX about getting your data automatically backed-up at www.BackupRX.com
Thank you to Taylor Eason, Talk Shoppe’ videographer, for work filming promotionals for Talk Shoppe advertisers. Contact Taylor at www.CTaylorEason@gmail.com .

4. Subscribe at www.JoGarner.com and you can get our weekly blog posts with podcasts conveniently in your inbox.
5. Real Estate Mortgage Shoppe reminds you to MAKE YOUR PLAN. LET’S WORK YOUR PLAN. IF THE DEAL WORKS FOR YOU TODAY, DO IT TODAY.
SPECIAL NOTE: REAL ESTATE MORTGAGE SHOPPE RECOMMENDS THAT YOU CONSULT WITH A FINANCIAL, LEGAL OR OTHER CERTIFIED, LICENSED PROFESSIONAL BEFORE ACTING OR INVESTING ON ANYTHING YOU HEAR OR SEE FROM THE CONTENT ON THIS SHOW OR BLOG POSTS. THE INFORMATION WE SHARE ON REAL ESTATE MORTGAGE SHOPPE IS GENERAL IN NATURE MEANT FOR GENERAL EDUCATIONAL PURPOSES ONLY. ALL EXAMPLES GIVEN FOR ILLUSTRATION PURPOSES ON REAL ESTATE MORTGAGE SHOPPE USE FICTIONAL CHARACTERS AND DO NOT REFLECT REAL PEOPLE OR ACTUAL DETAILS IN ANY OF THE SITUATIONS.

 

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QUOTE CORNER:
Jim Rohn- “Whatever good things we build end up building us.”

 

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REJOINDERS:

1. Sonia Balcer, Rocket Scientist from Montrose, California
2. Troy and Lynn McDonald, Erin McDonald Insurance Agency (901) 849-7101
3. Jeri Jeffries, Tiger Paws Carpet and Upholstery Cleaning, Memphis, TN www.tigerpawscarpet.com
Transitional Music:
“This Is The House That Jack” Built Aretha Franklin; “Safe and Sound” by Capital Cities;
“Feeling Stronger Everyday” by Chicago; “Memphis” by Johnny Rivers for the Look Back Memphis Trivia Contest

 

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ABOUT MATT VACCA OF REDEEMERS GROUP (Foundation Repair)

redeemersgroup.com
Main: 901.458.3424
Facebook: Redeemers Group, Inc.
Instagram: @redeemersgroup

Foundation repair, waterproofing, crawl space encapsulation concrete leveling
Serving Western TN, AR, MS, and the bootheel of Missouri
https://www.redeemersgroup.com/about-us/meet-the-team/18622-matt-vacca.html

Hi, my name is Matt,
What I would add to that because it looks like it could use a more recent touch up is that Matt is part of our System Design Specialist team. His day to day involves meeting with homeowners that are experiencing issues with their homes, diagnosing the problem, and designing the right solution for them. So he sees these issues every day.

I was born in Rhode Island and moved from Florida and joined the Redeemers Group here in Memphis. I received my Bachelor’s in Accounting in 2001. Before joining Redeemers Group, I was CFO for a small healthcare company in Florida for 5 years, and branch manager for a local bank for 5 years before that.
I live in Memphis with my wife and three children. When I’m not at work I enjoy spending time with my family, grilling, kayaking, and camping. I really enjoy being outdoors. Every year for the last 10 years, I’ve gone on a fishing/camping trip to a remote island in the Everglades.
I’m excited to be a part of the Redeemers Group team; bringing my experiences, knowledge, and my strengths to Redeemers Group and do my part to redefine the industry.

 

About Redeemers Group

Since 2008, Redeemers Group has been improving and creating healthy living spaces for homeowners in Tennessee, Arkansas, and Mississippi.

We specialize in mold prevention, crawl space encapsulation, basement waterproofing, and foundation repair in Memphis, Little Rock, Southaven and surrounding areas.AAA
Here at Redeemers Group we team up with internationally know Basement Systems, Foundation Support Works, and Clean Space Dealer Networks in order to be on the cutting edge of products.

 

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ABOUT JO GARNER-MORTGAGE LOAN OFFICER:

WHAT DO YOU WANT TO ACCOMPLISH WITH YOUR MORTGAGE?
www.JoGarner.com (901) 482 0354 jo@jogarner.com twitter @jogarner NMLS# 757308

“Whatever YOUR personal priorities are, my job is to help you get the mortgage terms that will give you bragging rights when you talk about it and help you score on hitting your goals .”
As a mortgage loan officer, my job is to help you get to the benefits you want from your financing terms. What is most important to you? I can help you find the financing terms that will help you get to what you want. What is your comfort level on a house payment? How much are you comfortable paying down,? What type of financing do you need to get the house you want to buy or refinance?
Different clients have different priorities in life—some are buying their first home with very little down payment funds. Some are recovering from medical challenges, divorces or preparing to send children to college and some are embarking on a long term goal of buying properties to build rental income.”
Jo Garner is a mortgage officer with extensive knowledge in tailoring mortgages to her customers who are refinancing or purchasing homes all over the country. She offers conventional, FHA, VA or other loan programs for refinancing and purchases.
Jo can help you look at rent vs buy, when it makes sense to refinance, how to get the best deal on your home purchase financing.
Jo Garner has been in the real estate/financing business for over 20 years. She got her start in Portland, Maine where she first began her real estate career. She received her real estate education from the University of Southern Maine and was personally mentored in San Diego, California by Robert G. Allen, author of Nothing Down, Creating Wealth and The Challenge.
On moving back to West Tennessee in 1987, she went into business buying and selling discounted owner-financed notes secured on real estate. In 1990 Jo went to work for a residential mortgage company and has been a mortgage loan officer for over 20 years. Her goal is to offer excellent, affordable service to her customers, tailoring the loan programs to the specific needs of her clients.
In addition to her work in the mortgage field, Jo Garner is the primary sponsor and founder of Talk Shoppe in Memphis. www.TalkShoppe.com She was also the editor of Power Shoppe, a free weekly e-zine designed for real estate professionals and others indirectly connected to the real estate industry and currently publishes on her blog www.JoGarner.com.

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