Hello my friends. Welcome back to another episode of Passive Real Estate Investing. I'm your host, Marco Santarelli. I haven't done an episode in a long time related to mortgage interest rates, but today it's gonna be something a little bit more interesting because we're gonna talk about why mortgage interest rates don't really matter. And you might be scratching your head saying, well, how's that possible? If rates go up, that means my mortgage payment goes up, my cashflow goes down, and that is a big deal. Well, that may be true, but maybe you're being myopic or shortsighted, and we're gonna talk about that. So I brought my friend and trusted mortgage loan originator, Aaron Chapman, back to the show. Aaron has been a veteran in the finance industry since 1997. This, this guy's been around for a very long time, and he's been focused on real estate investors specifically. So he's not your typical mortgage broker or loan originator that does loans for homeowners. No. He does mortgage loans for real estate investors, and he has a big team. He's got 22 staff on his team that help him. And our clients obviously invest in real estate with mortgage loans specifically for building your portfolio.

FREE copy of The Ultimate Guide to Passive Real Estate Investing.

If you missed our last episode, be sure to listen to The Small and Mighty Real Estate Investor



So with that, Aaron, welcome back to the show.

Oh, it's good to be back, man. Like you said, it's been a while. I think we got five in the can right now, so it'll be number six for us.

It’s probably the sixth episode with you. Yeah, you're you're definitely the top repeat podcast guest .

Well, you know, membership has its privileges. Once you get to know Marco well enough, he'll let you come on a couple times.

Yeah, there you go. All right. Love it. Well, you're looking good and I love the beard.

You too, brother. And I say you keep working on that one.

Yeah, I will. I'm trying to copy you. I haven't caught up to you yet, but we'll get there. .

Yeah, it's gonna, yeah, well, the thing about this, you can, you can catch up. I'll never be so to the point where I can always stay ahead. 'cause If I do it, I'm stepping on this some and I gotta trim it up, man, it, it got to a point down to my waist. At one point that was miserable and I finally had to cut it because of, but there was a reason why I had to have it that long. There was, there's a story there.

Yeah. Before we jump into the meat of everything you had made a comment before that I don't think I've ever heard from you, and that's just your standing, if you will, in the y pool of mortgage lenders, mortgage brokers, loan originators in the country. It's kind of like a ranking, if you will. Can you repeat that for everybody?

Yeah, there's a place you can go. It's called the S Scottsman Guide. There's a couple places, Modex and the Scottsman guide that track us as loan originators, how much we're doing in the marketplace. And I've been reached out to by them because I don't really pay attention, I'm just kind of focused on getting my job done every day. There's over a million people in the United States that do the job that I do. And last year I was ranked number seven in the United States for transactions closed. And when you start looking at the group of people that they're ranking, most of the people in the top 20 have teams of loan originators working underneath them. I'm the only loan originator on my team. The rest of 'em are all operation staff. So every deal is truly comes through my sources of business. I do have licensed operation staff so they can do certain tasks that you have to be licensed for, but I'm the only loan originator driving the business. So I thought that was pretty cool to be ranked number seven for transactions closed. Now, I think if we went to just individual loan originators and what you, what you bring through, who knows where I'd be.