It's Not Just A Loan, It's Your Future!
I know how important achieving your financial freedom is to you, and I am passionate about helping you achieve it with careful planning and mortgage management. Here are the "The Magic 6", as I call them:
1. Maximize your credit score!
Your credit score affects the interest rate you pay on your home, cars and credit cards. A mere 10-point difference can mean thousands of dollars in savings! Whether you have a low or a high score - you ALWAYS win by improving it. The first step is a (no-cost, no-obligation) credit consultation. Then, with the use of a "What If Simulator" linked directly to your credit report, you can determine the specific do's and don'ts to improve your credit score. See how your credit score determines your mortgage rate.
2. Plan - and do it right!
It's not just a loan - It's your future! Arranging the mortgage is just part of what we do. I take the time to understand your goals so that I can help achieve them. Invariably we are looking for the lowest cost of borrowing, tax relief, flexibility, and ability to harvest your equity to suit your overall investment strategy. But there can be more to it. I will also communicate with your real estate agent, accountant, to make sure we are structuring the financing properly.
3. Minimize your cost of borrowing!
Rates may come down, your credit rating may improve, property values increase, special programs may become available, etc. Our Mortgage Management System flags your loan(s) the moment a lower cost alternative is available. We then contact you right away for a no-points no-closing cost refinance. This can reduce payments drastically and/or literally shave years off the life of your mortgage. As my client you are always on my radar!
4. Review your plan often, and be prepared!
Staying in touch is key. I invite you to call me before making major financial decisions. Once a year we re-connect for an overall review. I recommend avoiding consumer debt and to use a mortgage to borrow instead because rates are lower and the interest is usually tax-deductible. You should have a home equity line of credit (we have a no closing cost program) to handle unexpected expenses or investment opportunities. I always recommend setting one up, even if there is no immediate need for it.
5. Harvest your equity!
This could be the most important pillar of your quest for financial freedom! You can use mortgage financing to save and invest! It solves the problem of finding enough money to invest for a secure retirement. It can even be accomplished without increasing the mortgage payment. With the right investment strategy you can build an investment portfolio that can over time end up being much bigger than your home equity! Equity Management brochure.
6. Improve your retirement lifestyle!
Sound financial planning will prepare you for retirement. Your home is also a retirement savings plan of sorts. With a reverse mortgage you can significantly improve your lifestyle with monthly tax-free income. It allows you to use your equity without ever having to sell the home, or take out loans and make payments!
My clients often tell me about the difference my advice and services make, and the repeat business and referrals I receive are a source of particular pride to me :)
When do we start?
Right now! We optimize your credit score, review your goals, and get organized. Whether you already own, or plan to buy. Mortgage planning is not just financing, it is part of your long term plan to financial freedom! Call me at 800-405-0676, or email me.