Timing and relationships can make the difference

When it comes to getting customers the best deal on a mortgage, LOs good partners and sound knowledge of economic ups and downs

Timing and relationships can make the difference

Timing can be everything when getting a mortgage. It’s that knowledge – along with close relationships with local real estate professionals – that’s helped Jason Shannon rise to the top of his profession as an originator.

A sales manager and team leader for Contour Mortgage in Garden City, New York, Shannon is a top producer whose impressive numbers landed him a spot in MPA’s 150 Million Dollar Club. Last year alone, Shannon posted more than $222 million in loan volume on nearly 400 loans.

Shannon racks up numbers like that by going to bat for his clients.

“Buying a home is a complex process with a lot of behind-the-scenes things that need to go just right for a successful and on-time closing to take place,” he said. “With my years of experience and close relationship with many of the area’s top real estate professionals, I'm often in position to offer my clients the best possible advice.”

He also takes a wider view, keeping abreast of economic news beyond what’s happening in his corner of the industry.

“We follow the secondary mortgage market and breaking economic news. This allows me to provide crucial insight in regards to locking in the lowest possible interest rate,” he said. “By knowing when to lock and how best to structure a loan, we have saved our borrowers literally hundreds of thousands of dollars cumulatively.”