Welcome to the November episode of Learning With A Lender with Joel Schaub!

In this episode Joel Schaub discusses the recent rate cut by the Federal Reserve and how this is NOT necessarily going to reflect mortgage rates decreasing. Often these cuts are predicted (in-advance) and lenders already have baked them into current rates. Also, Joel provides a strategy about asking your loan officer for a no-cost loan, and why that often is preferable than the lowest rate (plus fees). You’ll be able to call your contacts with this information and provide incredible value!

Joel Schaub can be reached at [email protected] or 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 another episode of Keeping it real the largest podcast made by real estate brokers for real estate brokers. My name is DJ Parris. I am your guide and host through the show today we have our our regular episode learn with a lender with Joel shop. Now if you’re not familiar with Joel Joel is the vice president of lending at 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 his agents. And what he does is he gives back part of his commission to the buyer your client on every transaction. Last year alone, Joel gave back over $271,000 in closing costs to buyers who worked with him and that put Joe’s volume in the top 1/10 of 1% nationwide. Now out of 380,000 loan officers in the country. Joel is ranked number 181 year to date, he has done 268 transactions for just under 98 point 6 million in closings. In the month of October alone, Joe’s closed 14 million in sales averaging over 10 million a month. And by the end of this week, Joe will hit a huge milestone in his career, and it will close over $100 million in one year, not even a full year in loans truly incredible. If you’re looking for a mortgage professional, Joel is the very best in the industry. And he can be reached at [email protected] Again, [email protected] and also on telephone and he answers the phone at 773-654-2049. So let’s say hello to the biggest Cubs fan that I know Joel Schaub Good afternoon.

Joel Schaub 2:39Thanks for having me on DJ every time I hear the numbers, it just reminds me of how much We’ve both grown since the first time I’ve done the show,

D.J. Paris 2:47we were just talking about this, I couldn’t believe that you’ve grown to $100 million. That is, it’s almost like a fantasy number. And you’re there. So this is what you’re 16 for you in the business, something like that.

Joel Schaub 3:0116 years, it doesn’t happen overnight. But it’s all about that giving back and teaching and educating.