Deeper than Loans "Not Your Average Lender" - Eric Braun Episode #68

GUEST BIO Eric Braun started in the industry as a telemarketer doing cold calling in the first two years until he was able to get his license as a mortgage broker. His determination, how he helped and treated his clients made him grow his business to where he is today. Eric is not average in the value that he gives his clients who are Predominantly first time home buyers. With this however comes a lot of hand holding and Eric goes above and beyond when it comes to serving his clients. How he does one thing is how he does everything - in addition to being nominated the forty most influential mortgage lender under 40 - Eric joined us in the lab and went above and beyond in defining lending concepts that will shed a ton of light to our community. Tune in to key insights from not your average lender. Let’s build. THE REAL ESTATE FOUNDATION 01:32 Guest Background 05:43 Common misconceptions 11:53 Thoughts about Credit Repair 15:54 Get Conventional Loan without paying mortgage insurance 19:40 What is Refinancing? 23:24 How early can they avail Refinance? KEEPING IT REAL 26:51 Mortgage Insurance 28:32 How FHA loan is calculated 34:00 Benefit of Conventional PMI 38:19 Two conventional entities - Fannie Mae and Freddie Mac 44:20 Seller’s concession ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW: 46:25 Favorite book - Think and Grow Rich, Bible - Book of James 47:03 Best Daily habits - Work 48:18 Best tool - Salesforce CRM 48:45 Super Power - To teleport 49:51 Describe a successful lender - efficient ,transparent and good with communication BOOKS MENTIONED IN THIS SHOW Think and Grow Rich - Napoleon Hill NOTABLE QUOTES (KEY LESSONS): “Use social media to take those online relationships offline and add value to it in any way” CONNECTING WITH THE GUEST Instagram, LinkedIn, Website: www.contourmortgage.com Cell Number: 516-265-4244 #ExperimentLender #ExperimentLoans