A loan officer will be able to help you qualify for a loan. Is that really what you want? If you consider that your home is your biggest investment should not be part of a whole Investment Plan?
Most people do not look at their home as part of their overall financial plan. That is a huge mistake especially when you consider that for most people a home is the biggest investment they ever make.
When the house is integrated into an overall financial plan that is done by a qualified financial advisor magic.
If you are young and starting your only concern may be just around the mortgage that will allow you to qualify for that house to get. Back in 1985, when I bought my first house that I actually had a 40 year ARM because that was the only way I could qualify for a home. I was born a few years later after my second daughter I not nearly enough life insurance or emergency savings, but I just could not afford.
Wow, if I knew then what I know now. Today, most people can lower their mortgage by about 40% with a power-option ARM. This 40% savings can be used for many things. For a young family it can be used for Life Insurance and Emergency Fund. For the older couple it can be used to help build a retirement nest egg.
A loan consultant would never be able to tell you all that. A good financial advisor able to help as an integral part of your overall financial plan would be your home you
Mike Makler Offers Financial Services (Mortgages, Life, Annuity) in Florissant Missouri in North St. Louis County Missouri just across the bridge from St. Charles Missouri
No comments:
Post a Comment