Pathways with Amber Stitt

Focus on Money: Set up Mortgages as part of your Financial Plan and Money Goals

Amber Stitt

This episode focuses on using your Mortgage as part of your Financial Plan.

Richard from AZ Lending Experts walks us through a 15-year window of history of being in the business and the trends in our markets.

As you all know, investing in Real Estate has been a hot topic over the last few years and now there is a large focus on adjusting mortgage terms among having higher rates. But this hasn't been the first time Richard and I have seen this happen. We will share more about that here!

His team focuses on what is best for each individual client and he discusses many helpful tips in this Pathways episode.

Topics in this episode include:

-How to utilize your mortgage term to help align your personal money goals
-How some could benefit from a longer mortgage term vs. a shorter one, to invest the difference in another project or two
-How bi-monthly payments can reduce your loan balance as a way to pay off your mortgage balance faster

If you are truly interested in using your Mortgage as a solution to your Planning, make sure your mortgage broker walks you through all the options as some buyers' needs are different from others. It isn't just about the rates!

For more mortgage tips, please follow Richard and his team at  @AZ Lending Experts, LLC and their profiles on Instagram and Facebook.

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