planning is the process of evaluating your mortgage options in the context of
your overall financial objectives. Your mortgage is most likely your single
largest debt, and your home is most likely your single largest asset. The
strategy you use today carries financial consequences that can impact your life
for years to come. My mission is to help you improve your life by
the proper use and consideration of various mortgage options. Here's how:
Our initial conversation will
focus on these questions:
The next phase of our
relationship will focus on:
Once we've discussed your
options, and how these various options may impact your overall housing and
financial situation, it's up to you to decide on which plan of action works best
for you. I'll be here to answer any questions and be a resource to you in any
way I can. I'll also coordinate the whole process with you and other
professionals such as CPAs, CFP® professionals, attorneys, Realtors, builders,
insurance professionals and other qualified advisors.
Mortgage planning is a life-long
process because your financial situation is likely to change from time to time.
As your mortgage planner, it's my role to help you monitor these changes as
needed and through an annual conversation. Most often, this process involves
periodic assessment of:
Here's how mortgage planning is
different than the traditional "shopping for a mortgage" experience:
"Mortgage Planning" with Me
"Shopping for a Mortgage" with any of the
500,000 + Mortgage Salespeople in the US
Overwhelming and/or Confusing Process
Focus on Which Mortgage Options Fit into Your Life, and
Focus on Whether You Fit into the Mortgage Lender's Box,
Consider the Mortgage Transaction in the Context of Your
Overall Financial Situation & Objectives
Consider the Mortgage Transaction "In a Vacuum"
Customized Options for Your Scenario
One Size Fits All
Mortgage Salesperson Who Puts His/Her Relationship With
You Ahead of the Transaction
Mortgage Salesperson Who Puts the Transaction Ahead of His/Her
Relationship With You
A recent study in mortgage volumes in the United States released by the National Association of Realtors revealed that January 2015 saw a huge increase in new mortgages applications. According to the study U.S. home buyers completed more contracts for purchasing pre-existing homes than recorded since August of 2013.
This increase in potential home buyers shows a positive trend in the real estate market and an upward resurgence of property purchases. Mortgage lenders and real estate brokers have referenced that the market is moving in a positive direction, and this report shows strong evidence in favor of that theory.
So where do we go from here? The best time to take advantage of an upward trend is at the beginning of the ascension. Making the most of a growing real estate market with competitive buyers and willing pre-existing homes for sale starts with pre-qualifying your purchase. This aggressive strategy places potential buyers far ahead of the competition and implies to owners that your bid is more serious and credible than others. If you're looking to take advantage of the growing real estate market and boost in pre-existing home sales contact our office. Call 561-395-4264 and get pre-approved today!
Your credit score is an extremely important factor in purchasing a home. Your credit score can greatly impact the entire home buying experience for better or worse. At Alternative Mortgage Group our goal is to assist you in securing the right mortgage for your needs. We help our clients understand the overall structure of how credit reporting works and improve their score to improve their buying power.
Being proactive and building a strong history of positive credit scores will certainly come in handy when you’re ready to purchase your first home. There are a few core factors to keep in mind in regards to your general credit standing.
If you have any questions regarding your credit and how it affects the home buying process contact our mortgage experts today.