Refinance Headquarters

Welcome!!!

After more than 20 years of Mortgage Planning, I have seen homeowners of all ages and all walks of life refinance for a variety of reasons.  While I believe there are several prudent strategies to an "economically beneficial" refinance, there is no "right" or "wrong" approach.  Each person refinances for a different personal reason, but most fall into 5 separate categories.  What I attempt to do for my clients is outline a structure based on the FACTS related to their refinance and what category they fall into so that they can see the costs and benefits related to their potential decisions.

Let me share with you my strategy for reviewing a Refinance using my Mortgage Planning approach.

To begin with, I want to provide you with an educated review of Interest Rates & the Mortgage Backed Securities Markets so that you have a solid foundation of where interest rates are, where they may be headed and how they relate to your situation or choices.  Below is a chart that I use on a daily basis to help keep you informed of LIVE mortgage rate trends and directions:

The 5 Questions You Must Ask Yourself Before You Refinance

After making sure that you are comfortable with state of current mortgage rates, I will help you reflect on the purpose of your potential refinance and develop a "plan" by identifying which of the general 5 categories (shown below) you are concerned with.  After you have asked yourself the 5 questions below, we will then Define Your Goals and create a mortgage structure that best compliments this decision.  Are you thinking of refinancing because of.....??

1.    Cash-Out or Consolidation
2.    Improve Cash Flow
3.    Reduce Interest Costs
4.    Cut Your Term
5.    Leverage Equity For Alternate Investments

In addition to the many mortgage structures we will review for you, I have listed below several unique and highly specialized programs that I have available in order to assist you in accomplishing your goals:

o   HARP Loans – The Government’s Refinance Program for helping homeowners who are ‘Underwater’

o   NO COST LOANs  - Find out why the government doesn’t want me to call it a “No Cost Loan”, and how this incredibly useful tool can help you start saving money IMMEDIATELY!!!

o   85% Cash Out Loans – For the right scenario, this loan helps the borrower who is looking to extract equity and maximize their leverage position

Finally, after selecting the appropriate program, I make sure that you are aware of several key factors in your refinance:

1. Calculate your Break Even points
2. Determine your overall Costs &/or Savings
3. Complete a Cash Flow Analysis
4. Confirm that your Refinance Structure is aligned with Long Term Investment Plans 

Regardless of what your individual needs are, I will help you with a THOROUGH review to make sure you are fully informed and feel empowered to make a decision that best suits your goals and plans.

To review your personal refinance options, call us today at 734-223-8555.