Mar 5, 2024
Today, Wade welcomes special guest Matthew Shanlian, a seasoned professional in the real estate and mortgage business. They dive into the complexities of the mortgage industry, exploring topics such as industry events like Circle of Wealth, the ongoing changes in interest rates, and the persistent shortage of available housing. Matthew shares insights from his extensive experience, emphasizing the importance of understanding clients' financial goals and providing tailored solutions. Tune in for a thought-provoking discussion on navigating the mortgage landscape and making informed decisions for a secure financial future.
Episode Highlights
02:56 The housing market’s current situation and how all of this is
impacting the mortgage industry
04:45 The importance of not being mere order takers, but probing to
understand the real needs and desires of the clients
08:05 The need for giving sound advice to clients and the
importance of saying no when necessary
14:53 The value of having control over your money and the
advantages of having a small mortgage payment
18:00 The potential risks associated with paying a 15-year mortgage
like a 30-year mortgage
20:46 A story of a person who followed a radio host's advice and
faced hardships due to the lack of financial flexibility and a
resulting inability to manage an unexpected situation
27:45 The importance of focusing on mortgage payments instead of
the purchase price of a house
32:45 How to reach out and contact Matthew
39:44 The importance of maintaining control over one's financial
future, warning against allowing external entities to have that
control
38:17 Advice to listeners who are looking to buy their own home
Episode Resources
- Connect with Wade Borth
- https://www.sagewealthstrategy.com/
- wade@sagewealthstrategy.com
- Connect with Matthew Shanlian
- Matthew.Shanlian@ccm.com
- https://www.linkedin.com/in/matthew-shanlian-2b111582