Dive into the world of mortgages and real estate with Terry Kravaris, a seasoned mortgage expert with over a decade of experience. In this enlightening episode of the Revamp Podcast, host Drew Farnese and Terry explore the ever-changing landscape of the mortgage industry, from Terry's transition from law to mortgages to the impact of AI on the future of lending.
Key topics include:
- Terry's journey from law to mortgages
- The evolution of the mortgage industry over the past decade
- Current economic state and its impact on real estate
- The importance of traditional family values in today's society
- Insights on different types of mortgage loans (DSCR, bank statement loans)
- The future of the mortgage industry and the role of AI
- Advice for those considering a career in mortgages
Whether you're a first-time homebuyer, a real estate investor, or simply curious about the mortgage industry, this episode offers valuable insights and expert advice. Terry shares personal anecdotes, industry trends, and practical tips that will help you navigate the complex world of mortgages and real estate.
Don't miss this opportunity to learn from a mortgage expert and gain a deeper understanding of the financial aspects of homeownership. Subscribe to the Revamp Podcast for more insightful conversations on business, finance, and personal growth.
#MortgageIndustry #RealEstate #FinancialAdvice #CareerTransition #AIinFinance #HomeownershipTips #RevampPodcast
00:47 🎓 Terry's journey from finance to law school
05:01 💼 Transition from law to mortgages during economic changes
13:43 🏠 Explaining mortgage income calculations and guidelines
17:18 💰 Discussion on cash transactions and bank policies
23:26 📊 Current economic state and its impact on mortgages
29:42 🏘️ Affordable housing challenges and new construction issues
37:02 🤖 Impact of AI on future job markets
43:25 👨👩👧👦 Importance of traditional family values in society
51:23 🧠 Encouraging critical thinking and curiosity in children
1:00:41 💳 Different types of mortgage loans explained
1:14:57 📱 Balancing technology and personal touch in business
1:33:31 💪 Teaching kids about work ethic and financial responsibility
1:58:56 🎯 Advice for those considering a career in mortgages
2:37:02 🔄 Reflecting on past decisions and life lessons
2:46:36 📞 How to contact Terry for mortgage advice
