Welcome to the March episode of our Learn With A Lender series with Joel Schaub!

Joel Schaub from Guaranteed Rate discusses why some lenders (thankfully not Guaranteed Rate) are taking up to nine months to close on new purchases, and provides guidance on how agents can check-in with a lender to see the status of a loan. Since stimulus checks are on the way Joel also suggests reaching out to local businesses and purchasing gift cards to give away to your clients (or to host a contest). Great suggestions about how you can continue to thrive while stuck at home!

If you’d prefer to watch this interview, click here to view on YouTube!

Joel can be reached at [email protected] and 773.654.2049.

Transcript

D.J. Paris 0:00This episode of Keeping it real is brought to you by Joel Schaub at guaranteed rate. As a realtor it’s important to partner with only the most trusted name in mortgage lending. Joel has 1000s of satisfied clients and gives $1,500 of his commission back to your buyers on every closing. He is known for his ability to close even complex deals start to finish in only 14 days to learn what 1000s of others already know. Make a note to call Joel at 773-654-2049 or email [email protected] Guaranteed Rate is an equal housing lender licensed in all 50 States Consumer Access Number 2611 And now on with the show.

Welcome to keeping it real the largest podcast made by real estate agents and for real estate agents. My name is DJ Paris I am your guide and host through the show in quarantine like the rest of us today is our Learn with our lender our monthly episode with Joel shop guaranteed rate. So Joel is waving if you’re watching us live or on video here. But for everyone who is not yet familiar with Joel, Joel is a vice president of lending guaranteed rate. He has been doing loans at a high level since 2003. And it’s gotten to that level because of what he does directly for agents which is he gives back part of his commission to the buyer every single time. Last year alone Joe gave back over $291,000 in closing costs to buyers who worked with them. And that put Joe’s production in the top 1% of 1% Sorry, 1/10 of 1% nationwide. Just to show you what that number is out of 400,000 licensed loan officers in the United States. Joel is ranked number 181. I don’t even know what that percentage is. But it’s it is in a very tiny miniscule part of 1%. Year to date, Joel has done 71 sales transactions for just under 27 million and closings. He has currently 102 files that are set to close that are locked that are going to be closing in the next 60 days. The busiest man I know and the biggest Cubs fan I know but never too busy. Thankfully to do our show. Joel, thanks for being on. Welcome once again. DJ, you always do it

Joel Schaub 2:32right. I’m so impressed by what the keepin it real podcast has become. We’re they’re giving back. We’re teaching we’re learning. And we’re all about education. I mean, that’s what this is on a monthly basis when we can come on and get together and actually share what’s happening because you hear things. But it’s actually good to actually get it right from the source and know what’s happening in the mortgage market.