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In this engaging episode of "Let's Talk About It," host Jimmy Mortgage welcomes two mortgage industry experts, Jason Stolowski and Yolanda "SkyBee," to discuss the current state of the housing market and lending landscape. 

Jason, a branch manager and loan officer with 16 years of experience, shares his journey through the industry, including witnessing the 2008 crash and the subsequent market evolution. He explains his passion for real estate and how it led him to the mortgage field, where he now specializes in helping clients navigate their homeownership journey.

Yolanda offers unique insights into working with the Hispanic community and first-time homebuyers, emphasizing the importance of face-to-face interactions in building trust. She discusses how cultural differences influence the lending process, noting that her Spanish-speaking clients often prefer in-person meetings and physical document exchanges rather than digital solutions. Yolanda prides herself on being accessible to clients at all hours, reinforcing the team's commitment to personalized service.

The conversation highlights Jason's Amazon bestseller book, "Keys to Home Ownership," a comprehensive guide that walks potential homebuyers through the entire purchasing process. Jason explains that he created this resource to address common questions and provide clarity during what can be an overwhelming experience for many. He now mails copies to all his first-time homebuyer clients, demonstrating his investment in their success.

Both experts address the current market conditions, with Yolanda offering straightforward advice: "If the number works for you, buy. Don't wait. Homes are going to get more expensive." They discuss the value of stability in fixed-rate mortgages compared to rising rents, emphasizing that despite higher interest rates, homeownership remains a path to wealth creation. Jason adds, "When there's uncertainty in the market, it's always a good time to buy," reflecting his optimistic outlook despite current economic challenges.

The podcast explores specialized programs for first responders, with Jason detailing the New Jersey PFRS (Police and Fire Mortgage Program) that offers significantly lower interest rates. As an affiliate for Homes for Heroes, he helps police officers, firefighters, and nurses access additional discounts on their mortgages. This work connects to his community involvement, which includes fundraising for the charity Keep Child Alive through his fifth year running the New York City Marathon.

Jimmy leads the guests to discuss credit management and refinancing strategies, with both experts offering insights into how they counsel clients facing credit challenges. Yolanda explains her approach to credit repair, often guiding clients who believe they're unprepared for homeownership, only to discover they're closer than they thought. Jason addresses scenarios where refinancing might make sense despite moving from a lower toa  higher interest rate, particularly when clients are overextended on credit cards and personal loans.

Outside of their professional lives, Yolanda shares her role as a busy mom juggling work with her children's activities, while Jason discusses his interests in running, fishing, reading, and writing.

Connect with Jason, Branch Manager at CMG Home Loans

https://www.instagram.com/jasonsolowsky_mortgage/



Connect with Yolanda, Mortgage Professional at CMG Home Loans

https://www.instagram.com/yolandaspivey_/



Connect With Your Host Jimmy Mortgage

https://www.instagram.com/jimmy.mortgage/

https://www.youtube.com/   @‌jimmymortgage9515



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