My goal is to provide consumers with tips and advice that can save them a lot of money,” said Palmer. “We’re talking about easy things that people can do that will save them thousands of dollars.
Orlando, FL (PRWEB) October 13, 2011
Consumers looking for in-depth tips on how to save money on mortgages, credit cards, personal loans and more can tune in to Saving Thousands! with Robert Palmer on on WDBO AM 580 and FM 96.5.
Every Sunday at 11:00 a.m. Robert Palmer, President of RP Funding, answers money questions as part of the station’s Ask the Experts series.
“My goal is to provide consumers with tips and advice that can save them a lot of money,” said Palmer. “We’re talking about easy things that people can do that will save them thousands of dollars.”
On a recent show, Palmer took calls from listeners trying to decide whether to buy a house and unsure about the benefits of owning a home.
“A lot of times I hear, ‘What if I lose my job?’ ‘What if I get in over my head?’” said Palmer. “These people are just taking themselves out of the market in this great time to buy. Usually people who second-guess buying a house are the ones who have their finances in order, work a steady job, have a decent credit score and will qualify to get into a home.”
Palmer encouraged buyers to do their homework to compare monthly rent to mortgage payments - in a lot of cases it’s cheaper in the long run to buy.
“Basically you have to live somewhere,” said Palmer. “The benefits to owning a home are triple what they are to rent. When you buy your own house, you are setting the roots for a smart financial future.”
Another caller asked about selling a home to a family member. Palmer’s advice is to gift 15% equity to the buyer, in this case your family member, in order to eliminate their out-of-pocket costs.
Other topics covered on Saving Thousands! with Robert Palmer include loan consolidation, the best ways to pay off debt and avoiding costly add-ons to loans.
Palmer is famous for encouraging consumers to shop for a mortgage – a simple way to save thousands of dollars on a home loan.
RP Funding is known as Orlando’s “No Fee” Direct Mortgage Lender. The company underwrites, closes and funds its own loans to offer customers the best rates and highest level of service.
To learn more about RP Funding, go to RPFunding.com or call 407-802-3344.
About RP Funding: RP Funding is a licensed Florida Mortgage Lender with offices in Maitland, Florida. As a direct lender, RP Funding underwrites, closes and funds its own loans in order to offer customers the best rates and highest level of service. Unlike banks and mortgage brokers, RP Funding offers “wholesale” mortgage rates directly to consumers to save them money. The only fee that RP Funding customers pay is when they choose to buy down to a lower interest rate through a rate discount cost. For more information, please visit http://www.rpfunding.com/.