The Mortgage Broker Podcast
WATCH ▶️ Watch this episode on YouTube [https://youtu.be/PlSSh7vziBw] *** EPISODE DESCRIPTION In this episode, Dean & Jason are joined by Christine Perkins. Christine is the Director of Business Development - Western Canada at Sequence Capital from the Greater Vancouver Metropolitan Area in BC, who has accumulated over 20 years of experience in the mortgage industry, spending the last 6 in her current role. She is also a repeat guest of the show, having first appeared in episode 32. Sequence Capital is a national, private mortgage lender dedicated to helping homeowners access the equity in their homes. With an experienced lending team and over $1.3 billion under management, they are designed to be a full-service lender, providing custom and competitive solutions for brokers and their clients. Christine is here to discuss: → How every private lender is different, with specific niches and policies, and aren't interchangeable like prime lenders, so brokers should focus on specific privates & MICs. → Why relationships with private lenders & BDMs matter so much in the private space, and how they are critical in unlocking exceptions and getting deals done. → The 3 habits to win private deals - communication, knowing your client and setting expectations, and relationships over rate shopping. → Why it's so important that brokers know their deals inside and out and are able to tell a borrower's complete story, and the effect that has on a deal as opposed to their financial picture. → What you need to know about a borrower, including credit, their exit strategy, and their property & portfolio. → How appraisals regularly hold up files, and the importance of property condition, economic life, and the type, and the risks of buying foreclosed property. → Sequence's new fixed-rate HELOC, what makes it a unique product, and how it can be accessed. *** 🎙️ Christine's 1st Appearance in Episode 32: https://podcast.joinabw.ca/episode/ep-32 [https://podcast.joinabw.ca/episode/ep-32] *** 🔗 Sequence Capital Website: www.sequencecapital.ca [https://www.sequencecapital.ca] 📋 Sequence Capital LinkedIn: @SequenceCapitalInc [https://www.linkedin.com/company/sequencecapitalinc/] 📸 Sequence Capital Instagram: @sequence.capital [https://www.instagram.com/sequence.capital/] 👥 Sequence Capital Facebook: @SequenceCapital [https://www.facebook.com/sequencecapitalmortgage] 📧 Christine Perkins' Email: christine@sequencecapital.ca [christine@sequencecapital.ca] 📋 Christine Perkins' LinkedIn: @ChristinePerkins [https://www.linkedin.com/in/christineperkinsmavis/] 📸 Christine Perkins' Instagram: @cperkins123 [https://www.instagram.com/cperkins123/] *** CHAPTERS 00:00 Intro 01:39 Every Lender is Different: Know Your Deal 04:38 Reaching Out to BDMs Early 06:47 Build Relationships with a Select Group of MICs & Privates 08:07 Do Lenders Research New Brokers? 09:37 The Importance of Telling the Story vs the Financial Picture 15:12 3 Habits That Win Deals - #1 Communication 18:47 #2 KYC & Setting Expectations 22:23 #3 Relationships Over Rate Shopping 24:59 Building Relationships Gets Deals Done 27:41 Know Your Property/Portfolio 31:04 Know Your Borrower 33:39 How to Make Sure an Appraisal Doesn't Hold Up a File 36:56 The Importance of Property Condition, Economic Life, & Type 39:57 Risks of Buying Foreclosed Properties 42:20 Sequence's New Fixed-Rate HELOC 46:53 Can the HELOC Be Used in Construction? 47:49 How to Access the HELOC 48:51 Wrap-Up *** CONNECT WITH THE SHOW 🎙️ The Mortgage Broker Podcast Podcast: @abetterwaymortgage [https://linktr.ee/themortgagebrokerpodcast?utm_source=linktree_profile_share<sid=bf8c6904-a28b-4518-9662-645edb5ce53b] 📺 The Mortgage Broker Podcast YouTube: @MortgageBrokerPodcastNetwork [https://www.youtube.com/@MortgageBrokerPodcastNetwork] 📝 The Mortgage Broker Podcast Blog: @ABWMedia [https://www.joinabw.ca/media] *** CONNECT WITH THE HOSTS 📋 Justin Noda's LinkedIn: @JustinNoda [https://www.linkedin.com/in/justin-noda-4b865719b/] 📋 Dean Lawton's LinkedIn: @DeanLawton [https://www.linkedin.com/in/dean-lawton-07184998/] 📋 Deryk Williamson's LinkedIn: @DerykWilliamson [https://www.linkedin.com/in/deryk-williamson-271697106/] 📋 Jason Marshall's LinkedIn: @JasonMarshall [https://www.linkedin.com/in/jasonmarshallma/] *** CONNECT WITH A BETTER WAY MORTGAGES 🔗 A Better Way Mortgages Website: www.joinabw.ca [https://www.joinabw.ca/] 📸 A Better Way Mortgages Instagram: @abetterwaymortgages [https://www.instagram.com/abetterwaymortgages/] 📋 A Better Way Mortgages LinkedIn: @ABetterWayMortgages [https://www.linkedin.com/company/dominion-lending-centres---a-better-way/?originalSubdomain=ca] 👥 A Better Way Mortgages Facebook: @ABetterWayMortgages [https://www.facebook.com/abetterwaymortgages/] 📬 A Better Way Mortgages Tuesday Mortgage Memo: @ABWTuesdayMortgageMemo [https://www.joinabw.ca/abw-tuesday-mortgage-memo]
72 episodios
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