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What Might Kill Your Buyers Financing!
Manage episode 377589299 series 3478223
Nick Smith에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Nick Smith 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
In this episode of Wealth In Real Estate Development (W.I.R.E.D.), host Nick Smith sits down with residential Mortgage Loan Originator, Aaron Stokes of First Financial Bank located in Northwest Indiana.
If you are building properties to sale, then you must have good mortgage loan originators on your team. Aaron discusses how he got his start as a mortgage broker almost 20 years ago. A few years after this start, he shifted to become a real estate agent. But around 2008, he sensed that a storm was brewing so he went back to mortgage banking.
In this episode, he discusses how the mortgage industry has changed since 2008. He also discusses some of the major challenges currently facing the mortgage business. Aaron also gives his opinion on if he thinks that we are headed for another foreclosure crisis. I also asked him what some of the main reasons people are not qualifying for mortgages in today's climate and you might be surprised by his response.
Even though this show is not geared toward residential retail homebuyers, nobody can deny the immense economic impact that mortgage lending has on the U.S. economy. So, on this episode, listen and learn from a true industry expert!
If you would like to reach out to Aaron, please do so at the following:
Phone: (219) 455-1382
Email: Aaron.Stoke@bankatfirst.com
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