#INVESTTHIS EP 47: Mortgage Industry Trends for 2019

The mortgage industry, as we know, is pushed and pulled by interest rates. Calvin Schnure, SVP of the National Association of Real Estate Investment Trusts’ recently stated, “The interest rates are keeping demand in check, but it’s not going to push it down. I don’t see the real downside risks people are worried about,”

My guest on today’s show, Bob Wasieko, is the Branch Manager for Geneva Financial. Geneva focuses on first position conventional and government mortgages and has expanded to 42 states and 800 million in annual volume. Bob has been in the business for over 22 years and has dedicated himself to helping families with their mortgage loans. As a result, I have worked with Bob in the past, and I’m so pleased that he can lend us his expertise and unlimited knowledge of the mortgage industry.

During this episode, Bob and I discuss the Dodd-Frank Act, and how it has changed the fundamentals of mortgage lending. Furthermore, he explains the similarities and differences between 2008 and today, and how that is impacting the industry. Bob also provides his insights on where we are in the real estate investment cycle and gives his hypothesis on the trends we will be seeing for the next 5 years.

Click here to tune in!

Bob Wasieko Information:

480-257-9080

bwasieko@genevafi.com

Geneva Financial 

LinkedIn

Facebook

Bob’s Favorite Author:

Ernest Hemingway 

Timely Information from Another Expert:

#INVESTTHIS EP 21: Exclusive Tax Advice from Enrolled Agent, Scott Garner

Want to start in wholesaling? I got my first deal going using this system. Click here to check it out.

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About the author, Scott

Scott is an energetic and health conscious Real Estate Entrepreneur. A transplant from the state of Iowa, he has excelled in business from his very first venture. Entrepreneurship has come naturally for Scott, as he started his first company at the age of 17. He studied at the University of Iowa with degrees in Business Communication and Entrepreneurial Management, also studying Health Promotion with an emphasis in Nutrition before moving to Arizona to dominate in his Real Estate career.

Starting off in residential retail Real Estate sales with Keller Williams Realty and closing $2.2M in volume his first 12 months, he quickly realized being a realtor was not for him. Since then, he has moved into the investment space flipping over 150 residential transactions and building a portfolio of rental properties with over $20,000,000 in closed volume to date. He is also the host of the #INVESTTHIS Podcast, interviewing only the elite of Real Estate Investors for his listeners. Now with his knowledge and experience, he is moving into larger investment opportunities in multi-family and commercial Real Estate, focusing on building strong relationships with his investors, providing solid returns, and building wealth for his family.

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