Messy In The Middle: Podcast for Realtors

Creative Financing with Jeremy Patterson


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SUMMARY

In this episode of Messy in the Middle, hosts Ed Billings, and Jefi Moultrie talk with Jeremy Patterson, a lender at Fairway Mortgage in San Diego. Jeremy shares his passion for educating people about financial literacy. He talks about the benefits of having home ownership in your financial portfolio and how it can be a way to protect your family for generations.

Jeremy also discusses the current real estate market and how to help clients navigate fears amid a recession.

 

QUOTES

  • “Equilibrium is six months. So it is still a very healthy market. It is just not pants on fire hot. It’s hot. So it’s resetting expectations.” - Ed Billings [13:23]

 

  • “These things are all so intertwined. It’s beautiful because you are leveraging an amazing asset, which is your home, to do something that sets you up for your future.” - Jefi Moultrie [20:33]

 

  • “My job is not knowing mortgages. It is serving people and helping people make great decisions. I don’t care what the decision is. I think it is more important to give them the data.” - Jeremy Patterson [10:11]

TIMESTAMPS

  • [00:30] Intro
  • [01:00] Jeremy’s “why?”
  • [03:17] Buydowns
  • [08:09] Recession and the real estate market
  • [11:03] The current state of loans and the ability to qualify for them
  • [14:06] Home Equity Conversion Mortgage
  • [20:11] Financial planning
  • [24:25] Starting the conversation: Reverse Mortgages
  • [27:54] Jeremy’s market predictions
  • [29:37] Outro

  •  

    RESOURCES

    • The Peak Experience
  • The U.S. Housing Market Has Peaked
  • Why Rising Mortgage Rates Push Buyers off the Fence
  • The One Thing Every Homeowner Needs To Know About a Recession

  •  

    CONTACT

    Messy in the Middle: messyinthemiddlepodcast.com

    Ed Billings: edbillings.com

    Jefi Moultrie: jefisrealestate.com

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    Messy In The Middle: Podcast for RealtorsBy Jefi Moultrie and Ed Billings