Sunday, July 1, 2012
Ask Our Mortgage Specialists: Hosts and Mortgage Specialists David Grossman & Jeff Risi talk to Vince Pellegrino from TD CT
Ask Our Mortgage Specialists: Hosts and Mortgage Specialists David Grossman & Jeff Risi talk to Vince Pellegrino from TD CT Ep 2
If you are receiving this feed as an e-mail and don't see the post, please click back to the blog page http://mortgagemensch.blogspot.com/ as it is probably a video that has been posted. Thank you for subscribing to this blog! For more information call David Grossman at 416 876 2031 or go to http://www.mortgagemensch.ca to visit website.
Monday, June 25, 2012
Ask Our Mortgage Specialists - David Grossman & Jeff Risi talk to private lender Graham Tobe
If you are receiving this feed as an e-mail and don't see the post, please click back to the blog page http://mortgagemensch.blogspot.com/ as it is probably a video that has been posted. Thank you for subscribing to this blog! For more information call David Grossman at 416 876 2031 or go to http://www.mortgagemensch.ca to visit website.
Wednesday, March 14, 2012
The Art of the Deal
I'm going to start this column by telling you straight up ~ the above title, The Art of the Deal, was not coined by me. It's the name of a book published by real estate mogul Donald Trump back in 1988.
While it's true that Donald Trump -- or companies that bear his name - have declared bankruptcy four times since then, "The Donald" has successfully fought his way back, not only as a real estate developer, but as a TV personality. Trump is now the star of the popular TV series "The Apprentice" and "Celebrity Apprentice" too!!!
So why do I reference The Art of the Deal to introduce today's article?
The notion of deal-making as an art appeals, not only because deal making is the most important part of any sales job, but when you think about deal making as an art, it makes the job sound like fun! And who doesn't want to have fun?!!
The right way to approach any deal is like a work of art. When an artist renders a painting, in the beginning s/he doesn't know whether his/her work will be loved, or whether it will be ignored. In any event, the artist must put all of him/herself into every stroke, just as you too must give everything you've got on every deal you work on!!!
Despite the notion that deal making is like an art; there is of course, as we all know, much more to running a successful business than being a good artist.
Though written more than 20 years ago, here are some practical tips offered by The Donald in the book, seemingly every bit as relevant today...
• Think big.
• Protect the downside and the upside will take care of itself.
• Maximize your options.
• Know your market.
• Use your leverage.
• Enhance your location.
• Get the word out.
• Fight back.
• Deliver the goods.
• Contain the costs.
• Have fun.
There you have eleven tips from The Donald! Follow them and you too could become
a real estate mogul and TV star!!!
And so it goes without saying, if you're going to have any chance of following in his footsteps in becoming a real estate mogul, you MUST have a good mortgage broker!
That's where I come in!
For mortgage solutions call
David Grossman
@ 416 876 2031...
and get the service you deserve!
• Residential or commercial mortgages
• Good or bad credit (The Donald knows about bad credit!)
• Urban or rural properties
• Self employed
• New immigrants
• Private and institutional funds available
I look forward to hearing from you!
David Grossman
Mortgage Specialist
Tel. 416 876 2031
Website: http://www.mortgagemensch.ca
While it's true that Donald Trump -- or companies that bear his name - have declared bankruptcy four times since then, "The Donald" has successfully fought his way back, not only as a real estate developer, but as a TV personality. Trump is now the star of the popular TV series "The Apprentice" and "Celebrity Apprentice" too!!!
So why do I reference The Art of the Deal to introduce today's article?
The notion of deal-making as an art appeals, not only because deal making is the most important part of any sales job, but when you think about deal making as an art, it makes the job sound like fun! And who doesn't want to have fun?!!
The right way to approach any deal is like a work of art. When an artist renders a painting, in the beginning s/he doesn't know whether his/her work will be loved, or whether it will be ignored. In any event, the artist must put all of him/herself into every stroke, just as you too must give everything you've got on every deal you work on!!!
Despite the notion that deal making is like an art; there is of course, as we all know, much more to running a successful business than being a good artist.
Though written more than 20 years ago, here are some practical tips offered by The Donald in the book, seemingly every bit as relevant today...
• Think big.
• Protect the downside and the upside will take care of itself.
• Maximize your options.
• Know your market.
• Use your leverage.
• Enhance your location.
• Get the word out.
• Fight back.
• Deliver the goods.
• Contain the costs.
• Have fun.
There you have eleven tips from The Donald! Follow them and you too could become
a real estate mogul and TV star!!!
And so it goes without saying, if you're going to have any chance of following in his footsteps in becoming a real estate mogul, you MUST have a good mortgage broker!
That's where I come in!
For mortgage solutions call
David Grossman
@ 416 876 2031...
and get the service you deserve!
• Residential or commercial mortgages
• Good or bad credit (The Donald knows about bad credit!)
• Urban or rural properties
• Self employed
• New immigrants
• Private and institutional funds available
I look forward to hearing from you!
David Grossman
Mortgage Specialist
Tel. 416 876 2031
Website: http://www.mortgagemensch.ca
Tuesday, September 20, 2011
MORTGAGE BROKER SHOPS AND SHOPS AND SHOPS FOR MORTGAGE — AND FINDS BEST DEAL
When I first got into the mortgage business eight years ago, my mentors talked a lot about funding ratios, the number of mortgages you close with a lender compared to the number of applications you send that same lender. “Don’t apply to more than one lender for a mortgage” they told me, “lenders keep track of the number applications you send them, and if you don't close enough of them, they will cut you off!”
That sounded scary so I was sparse with the number of applications I sent out. Recently I have become much bolder, sending out just as many applications I feel is necessary to get the job done. The other day I signed up a client for a mortgage—I had to apply to five different lenders to get them this mortgage!
The mortgage was for a self-employed couple who were not able to prove income. They had just 15% down and to make matters worse, the husband did not have his permanent Canadian status. The first two lenders I applied to declined for one reason or another. Though I felt strongly that the application would eventually be approved by an “A” lender, I sent it to a “B” lender next, so the borrowers could at least sleep at night knowing they had a mortgage they could live with in a worst case. The B lender approved the deal but at a higher rate. I continued to shop and eventually found the applicants a mortgage at 2.25%, which by today`s standards is a very good rate!
Thank you for subscribing to this blog! For more information call David Grossman at 416 876 2031 or go to http://www.mortgagemensch.ca to visit website.
That sounded scary so I was sparse with the number of applications I sent out. Recently I have become much bolder, sending out just as many applications I feel is necessary to get the job done. The other day I signed up a client for a mortgage—I had to apply to five different lenders to get them this mortgage!
The mortgage was for a self-employed couple who were not able to prove income. They had just 15% down and to make matters worse, the husband did not have his permanent Canadian status. The first two lenders I applied to declined for one reason or another. Though I felt strongly that the application would eventually be approved by an “A” lender, I sent it to a “B” lender next, so the borrowers could at least sleep at night knowing they had a mortgage they could live with in a worst case. The B lender approved the deal but at a higher rate. I continued to shop and eventually found the applicants a mortgage at 2.25%, which by today`s standards is a very good rate!
Thank you for subscribing to this blog! For more information call David Grossman at 416 876 2031 or go to http://www.mortgagemensch.ca to visit website.
Thursday, April 14, 2011
Mortgage Broker Gets You More Money
After applying for a mortgage at their bank, a couple were told they would need a 35% down payment to qualify. Since this was more money than they could manage, their real estate agent referred them to me for a second opinion.
Having recently been transferred to Canada from another country, the couple were now living and working in Canada on Work Visa's.
After researching the mortgage options available, I was able to arrange; now get this - AT THE SAME BANK they were told they would need 35% down - a mortgage with just 5% down!
Isn't it weird that when you go to the bank you're told one thing, but when a mortgage broker applies to the same bank, you get a completely different response?
It might have to do with lack of training of bank staff, or perhaps the bank offers different products to mortgage brokers than they do to their own sales staff...
One thing is for sure...it pays to talk to a mortgage broker. Mortgage brokers can access mortgage products from dozens of lenders, and a good mortgage broker will to make sure you get the right mortgage product, for your needs.
Do you have an opportunity you want to talk to me about? Call me at 416 876 2031.
I look forward to hearing from you!
416-876-2031
Your referrals are greatly appreciated.
Count on me for fast service!
Sincerely,
David Grossman MBA
MCC Mortgage Loans Canada
Tel: 416 876 2031
Website: http://www.mortgagemensch.caAgent Lic. M08005924
If you are receiving this feed as an e-mail and don't see the post, please click back to the blog page http://mortgagemensch.blogspot.com/ as it is probably a video that has been posted. Thank you for subscribing to this blog! For more information call David Grossman at 416 876 2031 or go to http://www.mortgagemensch.ca to visit website.
Having recently been transferred to Canada from another country, the couple were now living and working in Canada on Work Visa's.
After researching the mortgage options available, I was able to arrange; now get this - AT THE SAME BANK they were told they would need 35% down - a mortgage with just 5% down!
Isn't it weird that when you go to the bank you're told one thing, but when a mortgage broker applies to the same bank, you get a completely different response?
It might have to do with lack of training of bank staff, or perhaps the bank offers different products to mortgage brokers than they do to their own sales staff...
One thing is for sure...it pays to talk to a mortgage broker. Mortgage brokers can access mortgage products from dozens of lenders, and a good mortgage broker will to make sure you get the right mortgage product, for your needs.
Do you have an opportunity you want to talk to me about? Call me at 416 876 2031.
I look forward to hearing from you!
416-876-2031
Your referrals are greatly appreciated.
Count on me for fast service!
Sincerely,
David Grossman MBA
MCC Mortgage Loans Canada
Tel: 416 876 2031
Website: http://www.mortgagemensch.caAgent Lic. M08005924
If you are receiving this feed as an e-mail and don't see the post, please click back to the blog page http://mortgagemensch.blogspot.com/ as it is probably a video that has been posted. Thank you for subscribing to this blog! For more information call David Grossman at 416 876 2031 or go to http://www.mortgagemensch.ca to visit website.
Friday, April 1, 2011
Watch this Video and find out who is Lending Money
Find out who is lending money from David Grossman on Vimeo.
If you are receiving this feed as an e-mail and don't see the post, please click back to the blog page http://mortgagemensch.blogspot.com/ as it is probably a video that has been posted. Thank you for subscribing to this blog! For more information call David Grossman at 416 876 2031 or go to http://www.mortgagemensch.ca to visit website.
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