Money Tips: She discusses home financing options such as Reverse Mortgages, Zero Down Payment Programs and FHA 203K Program.

Money Tips: She discusses home financing options such as Reverse Mortgages, Zero Down Payment Programs and FHA 203K Program.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Latrease Price-Gistard.

Purpose of the Interview

The interview aims to educate listeners on the mortgage industry, highlight the role and benefits of working with an independent mortgage broker, and provide practical advice on home financing options, credit challenges, and programs that support homeownership. It also shares Latrease’s entrepreneurial journey and lessons learned.

Key Takeaways

  1. Background and Career Path

    • Latrease has a finance degree and started in investment operations in 1999.
    • Transitioned from auto financing and co-owning a car dealership to mortgage lending.
    • Became an independent mortgage broker in 2022 after being laid off during rising interest rates.
  2. Role of an Independent Mortgage Broker

    • Holds her own license and partners with multiple lenders to offer tailored loan products.
    • Advocates for borrowers to ensure they get the right product, not just approval.
    • Specializes in helping first-time buyers, self-employed individuals, and those with unique challenges.
  3. Home Financing Insights

    • Reverse Mortgages: Typically for seniors 62+, often used by those 75+ with equity and limited retirement funds. Provides tax-free cash without monthly payments; debt settled upon sale or refinance.
    • Zero Down Payment Programs: Offers up to 3% for down payment, attached to the mortgage; other programs provide up to 5% for down payment and closing costs.
    • FHA 203K Program: Allows buyers to finance home purchase and renovations in one loan—ideal for fixer-uppers.
  4. Credit Challenges

    • Programs exist for credit scores as low as 500, but require higher down payments (10–20%) and result in higher interest rates.
    • Latrease consults and provides “what-if” scenarios to help clients improve credit over time.
  5. Entrepreneurial Lessons

    • Mistakes: Starting without enough capital and a strong pipeline; economic timing matters.
    • Advice: Build capital, secure a solid client pipeline, and understand market conditions before going independent.

Notable Quotes

  • On independence:
    “As a broker, you serve as that advocate for your borrower to make sure they’re getting the right loan product.”

  • On reverse mortgages:
    “The beauty of it is there are no monthly payments going back to the institution. The debt is paid off when the home is sold or refinanced.”

  • On credit challenges:
    “Programs go as low as 500 credit score, but those borrowers need 10–20% down.”

  • On entrepreneurial advice:
    “Make sure you have strong capital and a solid pipeline before stepping out on faith.”

  • On perseverance:
    “It’s all about follow-through. It’s all about your dream and whether you want to make it happen.”

#SHMS #STRAW #BEST

Support the show: https://www.steveharveyfm.com/

See omnystudio.com/listener for privacy information.

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Overcoming the Odds: She was a C student and a college dropout, but she is the CEO of Black Ambition.

Overcoming the Odds: She was a C student and a college dropout, but she is the CEO of Black Ambition.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Felecia Hatcher. Purpose of the Interview To spotlight Black Ambition, a national initiative founded by Pharrell Williams that funds and mentors Black and Brown entrepreneurs. To share insights on entrepreneurship, access to resources, and strategies for scaling businesses. To inspire and educate small business owners and innovators on how to leverage opportunities for growth. Key Takeaways About Black Ambition Founded by Pharrell Williams to close the opportunity gap for Black and Hispanic entrepreneurs. Provides capital, mentorship, and masterclasses to help founders scale. Has invested in 131 companies and awarded millions in funding. Competition Structure Annual national competition with 2,500–3,000 applications. Categories include HBCU, National Finalists, Top Prize Winner, People’s Choice. Process: Applications → 250 semifinalists → 3-month cohort → Demo Day for top 20–25 companies. Unique Approach Focus on high-quality mentorship, not “low vibrational” guidance. Includes mental health and wellness support for entrepreneurs. Partnerships with brands like Louis Vuitton for luxury retail insights. Challenges for Entrepreneurs Many fail by rushing applications and skipping info sessions. Success requires clarity, traction, and persistence—sometimes multiple attempts. Black women are the fastest-growing entrepreneurs but often remain solopreneurs; Black Ambition prioritizes team-building. Pharrell’s Motivation Believes in democratizing opportunity: “Talent is not equally distributed by zip code, but opportunity can be.” Inspired by those who believed in him early in his career. Felecia Hatcher’s Journey Former founder of Center for Black Innovation and Black Tech Week. Emphasizes resilience: “I’m a C student and a college dropout, but I never let that define me.” Advocates for creative pathways to success and capital access. Notable Quotes “Success leaves clues.” – On learning from past winners. “Talent is not equally distributed by zip code, but opportunity can be.” – Pharrell’s guiding principle. “If it doesn’t work on you in that moment, it works for you in that moment. Either way, it works.” – On persistence. “We have to start enjoying the process… be stretched, be cut by the process.” – On entrepreneurial growth. “Wealth has a need for speed.” – On urgency in closing the wealth gap. #SHMS #STRAW #BESTSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

23 Joulu 202522min

FULL SHOW: Favorite Christmas Memories, Strawberry Letter: She Slapped My Husband - 12.22.25

FULL SHOW: Favorite Christmas Memories, Strawberry Letter: She Slapped My Husband - 12.22.25

The Steve Harvey Morning Show for Monday, December 22nd, 2025: Steve Harvey's Morning Inspiration | Show Open | Favorite Christmas Memories Pt.1 | Favorite Christmas Memories Pt.2 | Elves On Strike | Would You Rather | New Christmas Traditions | Nephew Tommy's Prank - "Eggnog" | Strawberry Letter - "She Slapped My Husband" Parts 1-2 | Meeting Santa | Social Media Advice | Making 100K | Would You Rather | Steve Harvey's Closing RemarksSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

22 Joulu 20251h 32min

FULL SHOW: Take A Hint Gifts, Strawberry Letter: Trying To Get Through The Holidays - 12.19.25

FULL SHOW: Take A Hint Gifts, Strawberry Letter: Trying To Get Through The Holidays - 12.19.25

The Steve Harvey Morning Show for Friday, December 19th, 2025: Steve Harvey's Morning Inspiration | Show Open | Nephew Tommy's Run That Prank Back - "You Sent My Wife Pictures" | Ask The CLO | "Take A Hint" Gifts | Would You Rather | Steve Harvey's Voicemail | Nephew Tommy's Prank - "Muscle Marvin" | Strawberry Letter - "Trying To Get Through The Holidays" Parts 1-2 | Sidepiece Christmas Party | Social Media Advice | TBT - Men Want Good Gifts | Would You Rather | Steve Harvey's Closing RemarksSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

19 Joulu 20251h 32min

FULL SHOW: Evil Things To Do At Christmas, Strawberry Letter: Trapped Under The Bed - 12.18.25

FULL SHOW: Evil Things To Do At Christmas, Strawberry Letter: Trapped Under The Bed - 12.18.25

The Steve Harvey Morning Show for Thursday, December 18th, 2025: Steve Harvey's Morning Inspiration | Show Open | Nephew Tommy's Run That Prank Back - "Wedding In Jamaica" | Ask The CLO | JAB's Evil Things To Do At Christmas | Would You Rather | Junior's House For Christmas | Nephew Tommy's Prank - "You Sent My Wife Pictures" | Strawberry Letter - "Trapped Under The Bed" Parts 1-2 | Who On The Show | Social Media Advice | Most Wonderful Time Of The Year | Would You Rather | Show CloseSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

18 Joulu 20251h 24min

FULL SHOW: Overheard At The Holiday Party, Strawberry Letter: My Holy Lover's Double Life - 12.17.25

FULL SHOW: Overheard At The Holiday Party, Strawberry Letter: My Holy Lover's Double Life - 12.17.25

The Steve Harvey Morning Show for Wednesday, December 17th, 2025: Steve Harvey's Morning Inspiration | Show Open | Nephew Tommy's Run That Prank Back - "Your Wife Is Having A Black Baby" | Ask The CLO | Things you Hear At A Black Holiday Party | Would You Rather | Steve Harvey's Voicemail | Nephew Tommy's Prank - "Wedding In Jamaica" | Strawberry Letter - "My Holy Lover's Double Life" Parts 1-2 | Junior's Christmas Poem | Social Media Advice | Re-Gifting | Would You Rather | Closing RemarksSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

17 Joulu 20251h 32min

Uplift: People are divorced from themselves—She teaches you how to stay married to yourself.”

Uplift: People are divorced from themselves—She teaches you how to stay married to yourself.”

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Marsha Evans. Purpose of the Interview To highlight Marsha Evans’ work as a licensed professional counselor and founder of Willow Tree Counseling and Educational Center. To explore strategies for navigating life’s complex stages, breaking generational patterns, and building authentic relationships. To provide actionable insights for entrepreneurs and individuals on self-awareness, fear management, and relationship dynamics. Key Takeaways Understanding Complexity Life stages vary in complexity for each person—middle school for some, adulthood for others. Evans emphasizes listening and identifying what balance, peace, or contentment means for each individual. Early Awareness and Discipline At age 12, Evans set a goal to earn a scholarship, showing intentionality and discipline. Athletics taught her teamwork, problem-solving, and resilience, shaping her leadership style. Reading the Room Start by reading yourself—know your energy and intentions. Authenticity and confidence are key to building relationships and leveraging opportunities. Fear and Family Systems Fear often originates from family systems and generational patterns, not just personal experiences. Example: Parents’ limited worldview can project fear of the unknown onto children. Recognizing these patterns helps individuals break cycles and pursue their own paths. Generational Patterns & Healing Evans uses Genograms (visual family trees) to identify psychological and behavioral patterns across three generations. Acceptance of parents and family history is crucial for personal and professional growth. Rejecting parents = rejecting life and success; honor them while creating new narratives. Practical Steps for Change Build a relationship with yourself through solitude, meditation, yoga, and movement. Reduce stress (cortisol levels) to improve clarity and decision-making. Examine your money story—how family attitudes toward money shape your financial behavior. Relationships Romantic: Partners often mirror unresolved childhood issues; do inner work to avoid projecting. Professional: Maintain boundaries; emotional needs should not be placed on workplace relationships. Personal: Define roles clearly; avoid expecting friends to fill parental gaps. Consistency and Authenticity Success requires consistency with yourself before expecting it from others. Ask: Are your goals truly yours or influenced by societal expectations? Notable Quotes “I become a visitor in your world and start listening to your story.” “Reading the room starts with reading yourself.” “Fear is often not yours—it comes from your family system.” “You can’t reject your parents; when you reject your mother, you reject life.” “Consistency with yourself is key to achieving the results you desire.” “Your partner cannot carry the burden of your parents.” “People are divorced from themselves—I teach them how to get married to themselves.” #SHMS #STRAW #BESTSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

16 Joulu 202536min

FULL SHOW: Things Steve Hates, Strawberry Letter: I Can Tell By the Smell - 12.16.25

FULL SHOW: Things Steve Hates, Strawberry Letter: I Can Tell By the Smell - 12.16.25

The Steve Harvey Morning Show for Tuesday December 16th, 2025: Steve Harvey's Morning Inspiration | Show Open | Nephew Tommy's Run That Prank Back - "Church Gospel Quiz" | Ask The CLO | Things Steve Hates | Would You Rather | Who Most Likely on the Show | Nephew Tommy's Prank - "Your Wife is Having a Black Baby" | Strawberry Letter - "I Can Tell by the Smell" Parts 1-2 | What Puts You in the Christmas Spirit | Social Media Advice | Did You Follow Your Childhood Dreams | Would You Rather | Steve Harvey's Closing RemarksSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

16 Joulu 20251h 30min

FULL SHOW: Best Places to Find a Christmas Boo, Strawberry Letter: She’s Getting More From Him Than Money - 12.15.25

FULL SHOW: Best Places to Find a Christmas Boo, Strawberry Letter: She’s Getting More From Him Than Money - 12.15.25

The Steve Harvey Morning Show for Monday, December 15th, 2025: Steve Harvey's Morning Inspiration | Show Open | The Pastors | Ask The CLO | Best Places to Find a Christmas Boo | Christmas Day Build Up | Sister Odell | Nephew Tommy's Prank - "Church Gospel Quiz" | Strawberry Letter - "She’s Getting More From Him Than Money" Parts 1-2-3 | Social Media Advice | Warm Weather Predictions for the Holidays | Would You Rather | Closing Remarks - Christmas CarolsSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

15 Joulu 20251h 30min

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