Loans Elevated
Top 1% Loan Officer Nationwide, Broch Lassig, is bringing you his knowledge of the industry, business tips, and real estate strategies along side TJ Heidenreich and Ryan King from The Lassig Team. So whether you are buying your first home, a loan officer yourself, or looking for your 3rd investment property, we have something for all of you. Helping you create wealth through homeownership.
Loans Elevated
Episode 162: Timeshares. The Emotional Trap, the Real Math & What It Means for Your Mortgage
This week we’re recording from Mexico and talking about the one topic nearly everyone has an opinion on: timeshares.
Are they worth it? Are they ever a smart financial move? Do they actually save you money on vacations? And most importantly… How do they affect your mortgage and credit?
In this candid episode, we share:
• Why timeshares prey on emotions
• The “exclusivity” lie
• The hidden financing trap (16%+ interest!)
• Why timeshare debt counts as a mortgage
• And how most owners lose money on resale
If you’ve ever been approached on vacation, this episode is your lifeline.
🎙 Welcome to the Loans Elevated Podcast!
Your go-to source for expert insights on mortgages, real estate trends, and home financing strategies. Whether you're a first-time homebuyer, real estate agent, or seasoned investor, we break down key topics to help you make informed financial decisions.
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Hosted by:
📢 Broch Lassig, Branch Manager NMLS340314
📢 TJ Heidenreich, Sales Manager NMLS1802412
📢 Ryan King, Loan Officer NMLS1870771
Branch NMLS2048956
Equal Housing Opportunity. All loans subject to underwriting approval. Certain restrictions apply. Call for details.
CrossCountry Mortgage, LLC. NMLS3029 (www.nmlsconsumeraccess.org)
🔹 Disclaimer: The information in this podcast is for educational purposes only and not a substitute for professional financial, legal, or tax advice. Always consult with a qualified professional before making financial decisions.