Join us for an enlightening interview with DeMarcus Ross, a seasoned mortgage loan officer, as he demystifies the complexities of the mortgage industry. In this in-depth discussion, DeMarcus shares his journey from a technology professional to becoming "The Mortgage Boss," offering a wealth of knowledge on how to navigate and master the mortgage landscape. This episode is packed with invaluable tips and strategies for anyone looking to understand the real estate and mortgage markets, the importance of knowing the rules, and the role of education in making empowered financial decisions. Whether you're a first-time homebuyer or a seasoned investor, this interview promises to be a masterclass in mortgage management.

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👉 Follow DeMarcus Ross on Instagram @drossthemortgageboss
👉 Follow Tim T. Mercer on Instagram @timtmercer

Topics:
0:00 - Introduction and DeMarcus's Transition to Mortgage Loan Officer
1:07 - Welcome to "Bootstrap Millionaire" and Introduction of DeMarcus Ross
1:47 - The Importance of Mortgage Education for Buyers
3:40 - What It Means to Be a Mortgage Loan Officer
6:02 - Challenges and Barriers in the Mortgage Licensing Process
10:11 - The Role of Representation in Finance and Real Estate
15:01 - Understanding Different Types of Loans: QM and Non-QM
19:05 - Benefits of Non-QM Loans for Entrepreneurs and Investors
24:54 - Interest Rates: How They Work and Their Impact on Loans
30:46 - Closing Remarks and Upcoming Topics

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