The American mortgage industry is one of the largest in the world, and consumer demand over the past several years has increased as a result of low-interest rates that have made refinancing more popular. According to a recent study from the Mortgage Bankers Association, the mortgage industry is expected to bring in more than $2.5 trillion in each of the next three years. This is at least 40 per cent higher than the average annual origination rates between 2010 and 2019.
The mortgage sector has experienced tremendous expansion, but there have also been several technological advancements that have expedited the entire process. Complete digitisation of the industry is still happening, but third-party technology and data providers are making the usually tedious mortgage process much more manageable. With this growth in the industry, it is important to work with the best professionals in the industry to ensure a fair and optimal process.
One of the top mortgage professionals in the country is Anders, the vice president of sales at Trusted Rate in California. At just 15 years old, Anders graduated from high school. He then earned his first college degree two years later at age 17. This allowed him to enter the mortgage business very early, and his nearly 20 years in the business are truly paying off now.
Although Anders says his primary motivation for getting into the mortgage business was purely financially driven, the 2008 financial crisis struck shortly afterwards, forcing him to reevaluate his path. Once some of his properties were forced into foreclosure, Anders decided that, in the future, he would be more committed than ever before to providing the utmost care and attention to each client. “We always put the customer first,” said Anders, a notion that was further proven by his glowing five-star rating on Zillow.
“One thing I know is that good salespeople love their product, but great salespeople love their clients,” said Anders. His team at Trusted Rate has every loan product available in the United States, and they have built strong, long-term connections with their clients and realtors. “We’re not just one of their preferred lenders,” he said. “We are legitimately their partner, which means we want to give back to them and service them in any way possible.”
Anders is dedicated to providing every client with the best possible care, and this is reflected by his branch averaging more than $50 million each month. Anders has even personally backed more than 7,000 transactions during his career over the past two decades.
When asked what the best part of his job is, Anders says he loves that every day is a challenge. “I also like the fact that there are always new situations and guidelines in the industry, and it’s a constant challenge to keep myself and my team educated and up to date on all the current loan availabilities and financing options out there,” he said.
As Anders continues to push boundaries and provide top-tier customer service, be sure to stay updated on all he is working on.