Interview With Rolan Shnayder – Season 1, Episode 7

Rolan Shnayder is a mortgage banker with CItizen’s Bank and has been in the business for over 15 years. He specializes in the new development and is the preferred lender that developers choose to represent them in the sale of their units. Since 2008 he’s been the preferred lender on over 200 projects. He is currently the preferred lender on over 72 projects.

Rolan has seen a lot of people saying they want to buy real estate now before interest rates go up. This past January, which is usually a slow month in real estate, was Rolan’s best month. His business is split evenly between Brooklyn and Manhattan. He gets a ton of calls from Downtown Brooklyn, Park Slope, Fort Greene, Williamsburg, and he attributes much of the changes in some of these neighborhoods to some of the rezoning laws, which has allowed for bigger and taller buildings.

 

[00:01:53] Can you tell us a little bit about yourself and what you specialize in?

[00:02:45] How did you get into banking?

[00:04:12] What kind of advice would you give to someone starting out in the mortgage business?

[00:04:38] How many projects have you been on since you started your career as a preferred lender?

[00:05:46] When you say less than 50% sold, what exactly do you mean?

[00:06:37] How many new development projects are you currently a preferred lender on?

[00:07:06] How do you see interest rate changes affecting the market in 2017?

[00:08:48] What advice would you give to someone looking for a mortgage broker?

[00:10:13] What percentage of your business is in Brooklyn?

[00:10:41] Where in Brooklyn do you see the most activity?

[00:12:03] If you were to buy anywhere in Brooklyn where would you focus your search?

[00:14:13] What are some of the biggest ways New York City has changed over the past decade?

[00:15:08] Mortgage brokers were hit the hardest by the recession. How did you manage to weather that storm?

[00:15:42] How do you see the market doing over the next 2 to 4 years?

[00:17:37] What are the two most important qualities of successful real estate agents?

[00:18:28] If you could go to the beginning of your career and do something different, what would that be?