What is a Mortgage?

Epic Spotlight Podcast

Dante Royster, a seasoned mortgage broker and the author behind "The Ultimate Mortgage Guide," is a dynamic professional dedicated to transforming lives through financial empowerment. With a career spanning over two decades, Dante's journey in the mortgage industry began in 2002.

Dante's foray into the mortgage industry coincided with the challenging real estate collapse of 2007. Determined to persevere, he founded his first business, Full Court Services, showcasing his grit and determination to navigate the financial turbulence. This initial venture provided crucial lessons in resilience and resourcefulness.

Through unwavering dedication, Dante not only weathered the storm but emerged stronger, eventually establishing his second business, Epic Mortgage, a regional mortgage brokerage firm. His commitment to educating and assisting clients extends far beyond a mere transaction; he sees his role as a coach, guiding individuals through the intricate maze of mortgages to secure their dreams.

His motivation stems from the belief that mortgages are not just about numbers on a paper but about facilitating people in creating their desired lives and securing their emotional and financial future. Dante's approach is grounded in building lasting relationships and providing ongoing support, challenging the 'one-and-done' stereotype often associated with the industry.

With licensing in nine states, Dante interacts with individuals from diverse backgrounds and financial situations, utilizing his expertise to make the dream of homeownership a reality for many. His book, "The Ultimate Mortgage Guide," serves as a testament to his commitment to demystifying mortgages, offering practical guidance, and sharing real-life stories that showcase the transformative power of understanding one's financial options. Dante's ultimate goal remains steadfast: to empower individuals by making the complexities of mortgages comprehensible and achievable, thereby changing lives for the better.

Episode 1 What is a Mortgage

In chapter one, Dante introduces readers to the fundamental concepts in the mortgage industry, defining key terms such as mortgages, down payments, and collateral. The chapter explores the reasons for taking out mortgages, including property purchase, renovations, debt restructuring, and cash-out refinancing. Additionally, the chapter covers three common types of mortgages: fixed-rate, adjustable-rate (ARM), and reverse mortgages.

In this episode, Dante Royster discuss:

• The most common misconception people have about mortgages, and how can understanding these concepts benefit them
• The risks and benefits associated with adjustable-rate mortgages (ARMs) and when might they be a suitable option for borrowers
• The various reasons for taking out mortgages and the transformative impact of a mortgage on someone's financial situation
• The various factors that individuals and their families should consider before opting for a reverse mortgage, given the intriguing possibilities for seniors.

Connect with Dante Royster:

Website: https://www.danteroyster.com/

Epic Mortgage Website: https://myepicmortgageapp.mymortgage-online.com/

Epic Mortgage Facebook Page: https://www.facebook.com/EpicMortgage1885086/?locale=hi_IN

Epic Mortgage Instagram: https://www.instagram.com/epicmortgage/

“The Ultimate Mortgage Guide” book: https://www.amazon.com/dp/B0CKTRWLRP

LinkedIn: https://www.linkedin.com/in/dante-royster-36b80b5/

Twitter: https://twitter.com/DanteRoyster

The 9 states that Epic Mortgage is licensed are:

Illinois/Indiana/Michigan/Colorado/Maryland

Virginia/Florida/Georgia/Texas

Show notes by Podcastologist: Arlou Argoncillo

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.