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July 1, 2021 56 min

#119: Are You Richer Than You Think w/ Jordan Bress

On this week’s show Gary chats with Jordan Bress from Scotiabank, Senior Managers of Sales for Durham Region. Many SmartHomeChoice investors have had their properties mortgaged by Scotia, and with their rental program, they will allow up to 10 properties to be mortgaged, including your primary residence! They talked about corporations and mortgages, ‘drive til you qualify’, his view on the market, and MUCH more!

WHAT YOU’LL LEARN:

  • Why you may have to ‘drive til you qualify’
  • Corporations and mortgages
  • Jordan and Scotiabank’s roadmap view of the market in the next 6, 12 and 18 months
  • What Jordan thinks about mortgage rates
  • The stress test and the impact
  • Interest rates
  • How appraisals are working in COVID
  • The programs Scotia offers for first time buyers and why they are unique
  • Jordan’s morning routine
  • And MORE!
  • Jordan’s Bio

    Jordan has held several senior roles including Senior Manager Business and Personal for Royal bank managing 250 relationships during his tenure in the role.

    In 2010 Jordan accepted the role as Senior Relationship Manager for Ontario North and East for Public Sector with RBC. He was responsible for managing clients such as Municipalities, Hospitals, Universities, and Colleges etc.  He also managed Request for Proposals ( RFP ) responses during this time. Managing a book of 500 Million in assets and lending requirements.

    In 2015 Jordan joined Scotiabank as the Senior Manager of sales for Durham Region, managing a team of Mortgage specialists. In 2016 Jordan assumed the Ontario Central East region to align with his Durham territory. In 2017 he was awarded the Achiever trip Nationally for Senior Manager of Sales.

    Jordan resides in Lindsay Ontario with his wife Morgan and his two daughters Olivia, Avery and Hudson

    Website/contact info for guest

    Web: http://scotiabank.com
    Email: Jordan.bress@scotiabank.com
    Phone: 289-928-9146

    This episode proudly sponsored by AGHI Home Inspections and Brian Daley. Whether buying or selling a property, AGHI recognizes that the process can be stressful. It is critical that any decision you make be one that is based on knowing all of the facts. Purchasers, vendors, insurance companies and lending institutions have come to recognize the professionally trained residential home inspector as a credible source of key information vital to making these decisions, and AGHI has been doing it for over 15 years!

    Contact http://www.bookahomeinspection.com or call (416) 526-7482

    Please a leave a review, as it helps Gary understand if he’s bringing on the right guests that you want to hear from!

    Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

    To learn more about Gary’s mentorship program, visit https://garyhibbert.ca

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