Rescuing Deals, Elevating Realtors: A Conversation with a Lender Who Pours Back | Carey Ann Cyr
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Be a better resource for your clients by learning about lending! In this episode of Realestatable, Tiffany and Ashlee have a great conversation with the head of the top-ranked mortgage team in Tennessee, Carey Ann Cyr. Listen in to hear about Carey Ann’s experience rescuing deals when all hope seems lost, and how she finds ways to support realtors in her area and beyond!
Lending 9-1-1: Rescuing Deals
Early in her career, Carey Ann’s work ethic and diligence got the attention of a realtor who asked her for help. To this day, she has a reputation for saving deals that are falling apart.
She is also known for closing deals quickly – in as little as 8 days in states that allow it!
Whether you are a realtor or a lender, Carey Ann encourages everyone to study their craft.
3 Types of Lenders
Brokers work with different lending firms to get loans. They don’t always have much control over how long approval takes or whether the loan will be approved.
Correspondent lenders work with other lending institutions. They have some control over the process using overlays.
Direct lenders (like CMG Financial) offer loans directly to home buyers. Because they don’t work with intermediaries, they have the most control over the process.
Hosting Local Events
Carey Ann hosts local educational events through numerous organizations. She has some that are directed toward realtors (if you’re in the Nashville area - or be on the lookout for virtual events)!
These events are a great way for her to give back and provide value to realtors. She also gets the benefit of connecting with them face-to-face and networking with them.
Thinking Outside the Box
Carey Ann sets herself apart by providing value and sharing new, relevant information through social media.
She and the team at CMG have created a “lock it and list it” program for sellers to pay a fee to lock in a rate sheet.
“I do think that building a business-within-a-business takes patience and studying your craft on a regular basis… We can learn something new each and every day.” – Carey Ann Cyr
“So many people that I meet… They just want to jump in and be super successful. I always remind them that you ought to step back and create your foundation. Figure out who you are, take your own personality test, understand your strengths and weaknesses, and build your foundation first.” – Carey Ann Cyr
Resources
Connect with Carey Ann on Facebook!
Follow @mortgagesbycareyann on Instagram
Send a text to Carey Ann at 615-717-5458!
Get access to our free Portfolio Market Review template today at www.realestatable.com/portfoliocover.
Get access to our free spreadsheet to organize your clients, potential clients, and everything needed to track your deals successfully. Visit www.realestatable.com/spreadsheet to get access to our free template.
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Be sure you connect with Tiffany and Ashlee on social media.
Show Credits:
Our Executive Producers and Hosts are Ashlee Jankovich and Tiffany Klusacek. The Realestable podcast is produced by TSE Studios. Music provided by SoundStripe.
48 episodes