Many of my clients have jumped on the “sharing economy” by renting out space from their homes or the entire home on third party rental apps like Airbnb. It’s a great way to earn extra cash to put toward your monthly mortgage and it’s an extra incentive to keep things clean and updated around your home. It’s a win-win…as long as that line between primary residence and rental property isn’t blurred. Mortgages on rental properties are generally priced higher than mortgages on primary residences. The logic behind this is that owners who reside in the home are less likely to default on their loan. If you’re considering joining the shared economy, be sure to have a firm understanding of the guidelines of your loan. Want to know more? Just give me a call at 402-991-5153.
Brent Rasmussen, the owner of Mortgage Specialists, is sole Mortgage Loan Originator in the United States to hold all 5 lending certifications (CRMS, CMC, CDLP, CVLS, CMA), distinguishing him as one of the most highly qualified experts in the field of home lending.
Having acquired decades of experience in mortgage lending, Brent is adept at educating his clients on the various mortgage options available, treating it as an investment and saving them both time and money. His objective is to simplify the process and make it stress-free, and he takes pride in his unwavering commitment to excellence.
Brent places great importance on education in mortgage lending. For the past 20 years, he has been licensed to instruct continuing education courses for both REALTORS® and Mortgage Loan Originators locally and nationally. In addition, he works as an adjunct instructor at the University of Nebraska at Omaha and owns MORE Education, LLC.
Brent has served as the President of several organizations, non-profits, and boards within his local community and nationally, demonstrating his commitment to making a positive impact.