Nicholas Membrillo, Senior Mortgage Lender at Peoples Home Equity in TN

Nicholas Membrillo, Senior Mortgage Lender at Peoples Home Equity (aka Cardinal Financial), talks with Chris and Scott about real estate and mortgage financing in the greater Nashville market.

He touches on historic low interest rates and whether it’s more advantageous to finance for 30 years or a shorter term.

Due to tightened financial practices, Nicholas doesn’t foresee a housing crisis as in 2008.

Less supply and remodeling are leading to increased values in home prices. Nicholas feels that real estate can be a good long-term investment.