How long have you been in the mortgage business and what inspired you to get into it?
I have been with GR for over 2 years now and I started with the company because of their reputation in the industry and the tools I now have access to that allow me to provide a variety of mortgage options as well as efficiency within my role.
What are the pros and cons of a fixed rate mortgage versus an adjustable rate mortgage (ARM)?
A fixed rate mortgage gives the borrower the peace of mind knowing what their payment will be and for how long it will be that way. Adjustable rate mortgages are great for consumers who are aware that the rate can change in the future and have the capacity to deal with those fluctuations The market is not predictable so these ARM products are really for people who are aware of the drawbacks that can occur in the future.
What advice would you give new or first time home buyers?
It is never too early to start planning for your first home purchase. There is so much information on mortgages, programs, assistance, etc. out there that it can feel like it is very overwhelming so understanding your current situation and what you are comfortable with will not only help you in getting ready, but it will give me the ability to put a loan together that makes sense to you.
How has the mortgage industry changed since you started, and what would you expect in the future?
It has allowed me to see the big picture of personal finance. Buying a home is a major financial decision that can allow you flexibility and comfort in the future. Understanding these principles can help borrowers in not only their home financing but their personal financing for years to come.
What 2 or 3 mobile apps would you recommend for home buyers or house hunters, and why? What Smart Apps do you recommend your customers use for the house hunting process?
I would recommend personal finance apps that help you budget month to month. By taking an active role in personal budgeting and being able to see what you are spending on what can help anyone become a more educated consumer.
What can borrowers do to ensure a smooth mortgage underwriting process?
Whether refinancing or purchasing, stay organized with your income and asset documentation. The loan process is easy when telling your story is easy, when we submit a file to underwriting that is what we are doing, telling your story and knowing how to access and submit this documentation is crucial.
Are you active in any local associations or community groups, and at what level? What goals and/or success have you helped these groups achieve?
I do side work for Cubs Charities during the MLB season and our goal every year is to raise over 1 million dollars. That money goes towards funding local baseball fields and youth sports in the Chicago area.
Are you active in any fundraising organizations? What goals and/or success have you helped them achieve?
I have been involved with the GR foundation since starting at Guaranteed Rate and previously I was involved with Cubs Charities in Chicago which helped support kids’ athletics in the city. With Cubs Charities I was apart of the first team that generated over $1 Million for a calendar year the directly goes towards creating new parks and areas for kids to play sports in Chicago.
Summary of where you grew up: family, affiliations, college, high school, etc.
I grew up in the Northwest Suburbs of Chicago. After high school I attended Marquette University in Milwaukee, WI graduating with a Bachelor’s Degree. After school I came back to Chicago started at Guaranteed Rate not long after.
Tell us something that makes you unique or something wacky, yet interesting about you?
I have worked for both the Milwaukee Brewers and Chicago Cubs in the past and with the latter I was still involved with Cubs Charities when the Cubs won their World Series Title in 2016. I was given a Ring for my time with the organization during their playoff runs in both 2015 and 2016.