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Is there a Home Mortgage Loan in Your Future?
You have heard it for months on TV and the news... Double Digit Loan Delinquencies Increasing Foreclosures, Bankruptcies Climbing.... Despite the nightly news, your life has gone on. With out expanding on the reason home values have declined, it is part of the real estate cycle we are going through. The other side of this cycle will see property values beginning to stabilize and again recover. If you are among the unfortunate who are forced to sell or have become delinquent on your home during these recent months, you know that the mortgage industry is undergoing a significant restructuring also. Many loan programs available last year are a thing of the past. Lender underwriting guidelines have become more stringent, Mortgage Insurance tightened, all of which makes getting a new mortgage loan something of a challenge for most borrowers. The stabilization and recover portion of the cycle has not yet begun. A new financial recovery bill recently signed into law is touted as a Governmental savior to the housing sector. The law is multifaceted and not completely implemented by the regulators or lenders. FHA lending has been modified and expanded to aid all borrowers obtain loans, not just those who are delinquent. Distressed home owner assistance is coming into being via several unrelated loan modification programs. Lenders are encouraged to restructure their existing loans rather than foreclosing or accepting a "short sale" payoff. In most cases it is cheaper for the lender to modify the existing loan. The challenge for the borrower is how to contact the right departments and request an acceptable modification to both parties. As lenders continue to withdraw from home financing markets, the remaining lenders further restrict their credit and loan qualification procedures. Jim Brooks, of First Trust Mortgage is one of a few Certified Mortgage Planning Specialist in Florida who has invested in the technology, tools and training necessary to deliver a comprehensive Home Mortgage Plan. A Mortgage Plan allows you to consider deferent mortgage options and determine the strategy that best helps you to accomplish your financial goals, both now and on into the future. When you decide to purchase a home, refinance a mortgage, begin college planning for your children or start your own retirement planning, it's a big step. A carefully crafted Home Mortgage Plan will have a powerful impact on your overall financial plan. Those clients who secure the services of a qualified Mortgage Planning professional are uniquely empowered to make solid decisions. Whether you're purchasing a home, modifying an existing loan or refinancing to align your mortgage with your financial goals, a Mortgage Plan clarifies your options and  provides quality decisions. We will jointly review your Mortgage Plan at least annually to conform it's performance with the current lending market conditions, your financial goals, and changes in your life. By doing business with a Certified Mortgage Planning Specialist, you now can get the real picture of how a well structured home loan combines with various interest rates scenarios, fees, and loan terms to have a major, life-changing effect on your retirement and financial independence. For an excellent discussion on how to manage your home's equity, click: How toSafely Manage Home Equity.pdf In addition to being an experienced mortgage loan planning professionals, we are relationship oriented. This means we give you the personal attention you deserve and treat you with the respect due a valued customer. We understand you're making a commitment in buying a new home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you. We will help you qualify, apply and be approved for the right mortgage loan for you. Not anyone else Buying a new home can be a source of anxiety, frustration -- and a huge sense of accomplishment. You didn't pick the house that was best for someone else, you picked the one that's right for you! The same applies to home mortgage financing... pick the one that's right for you!  Considering a new home Click here: buy_home.bedew Ask yourself.....Do you view your home mortgage loan as a Financial Obligation or a Financial Investment? For most people their home mortgage represents their largest and most important debt obligation while their home still represents their most significant and largest asset. Yet, most of us lack a plan to manage our mortgage loan. This isn’t anyone's fault really. Quite simply, the tools and training necessary to provide complete analysis have been absent from the Florida home mortgage industry, until now. Check here for an expanded explanation of Mortgage Planning Click: Mortgage planning process_7484491.pdf A well structured home mortgage loan fits your time needs too. "Less paperwork and more personal attention" means you enter a frustration-free zone from application to decision. Getting the right mortgage loan is like getting the keys to your new house! We can help you get there. Please navigate our website to learn more about us, what we do for you, and how easy it is to get started.
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