Victoria Real Estate Podcast
Victoria, BC's top real estate podcast, where we dive into the latest market trends, buying and selling tips, and investment opportunities in Greater Victoria. Join your hosts Adrian Maclaren, Vincent Baart, and Jocelyn Cseff, as they share their expert insights and local knowledge to help you navigate the dynamic Victoria real estate landscape. Whether you're a first-time buyer, a seasoned investor, or simply curious about the market, our podcast has something for everyone. The Victoria Real Estate Podcast is produced by CityNest Real Estate.
Victoria Real Estate Podcast
#15 - From Broker to Business Owner: David Steinberg on Owning Olympic Mortgage and Navigating Today’s Mortgage Market
In this episode of the YYJ Real Estate Podcast, we sit down with David Steinberg, the founder and owner of Olympic Mortgages. Join us as David shares his inspiring journey from being a mortgage broker to building his own successful business. He offers a behind-the-scenes look at the challenges and triumphs he faced along the way, providing valuable lessons for aspiring entrepreneurs.
David also delves into the current mortgage climate, offering expert insights into market trends, interest rates, and what prospective homebuyers need to know in today’s economic environment. Whether you're a first-time homebuyer, a seasoned investor, or simply interested in the world of real estate, this episode is packed with essential information and inspiration. Tune in to hear from one of Victoria’s leading mortgage experts and learn how to navigate the complexities of the mortgage market with confidence.
Produced by: The CityNest Real Estate Group
Edited by: Daniel Castillo
David Steinberg - Broker/Owner at Olympic Mortgage
https://olympicmortgages.ca/
david@olympicmortgages.ca
250-858-7160
Adrian Maclaren:
250-464-4122
adrian@citynest.ca
@adrianrealestatevictoria
Vincent Baart:
vincent@citynest.ca
(00:29) Intro
(02:11) Interview Begins
(03:32) Davids History
(07:12) Davids Work Background
(12:37) Role of the Mortgage Broker
(20:24) Olympic Mortage vs Other Brokers
(25:25) What motivated David to Start his own Company
(32:48) Mortgage trends
(38:15) What Mortgage does David Recommend?
(43:52) 30 Year Amortization with less then 20% down
(45:40) Limit on the total debt as a borrower?
(51:07) Why 5% down?
(56:55) Predictions on the Real Estate Market
(01:02:59) Mortgage Rate Predications
(01:15:33) Light Hearted Questions for David
(01:28:16) Contact Info for David!
(01:29:13) Outro Chat