The Mortgage Planning process is about you, your mortgage and your secure financial future:

Whether you are in the market to buy a home or investment property, downsize for retirement, refinance your mortgage, or re-balance your debt for cash-flow improvement, mortgage planning advice and guidance can literally save you or make you hundreds of thousands of dollars.  How is this possible?

Mortgage financing is a unique debt in that it is tax-deductible.  Mortgage Planning is a holistic approach which balances your mortgage, down-payment, income tax deductions, investment and retirement goals, finding the optimum balance to achieve your financial goals and maximize your monthly cash-flow.

If you are one of the 85% in the U.S. who don't have a defined financial plan, this Mortgage Planning review will be an eye-opening experience.


Creating and implementing a defined financial plan of action will help you achieve your life goals and dreams. 

The Mortgage Planning process consists of the following four steps:

Step 1:   Gather information about your specific financial needs and goals.

Be prepared to provide detailed information about your financial situation, your time frame for results and allow your Mortgage Planner time to review all the necessary documents before giving you advice.
                                     
Do you have goals to fund your childrens' college education? 
     If so, what percentage would you like
     to fund?
Do you contribute to a 401(k) or similar account? 
     What is your monthly contribution? 
     Does your employer also contribute to your account? 
     If so, what is their monthly contribution?
In how many years do you wish to retire?
In how many years do you wish to have the ability to pay off your mortgage?
What other goals should be considered?  
     An annual family vacation? 
     Future purchase of a vacation or investment home?

Step 2:  Prepare a Current Financial Assessment.

This Assessment establishes your current cash flow, debt, real estate equity, savings, investments, college and retirement funding and will be used as the baseline to which mortgage recommendations will be compared.

Step 3:  Develop and present mortgage recommendations.

Mortgage recommendations are prepared based on your mortgage preferences, financial goals and time frame.  

Comparing the Current and Proposed Financial Assessments will give you a very clear understanding of the short-term and long-term impact of every mortgage option.  The options and recommendations should be revised until you are comfortable with the mortgage decision, action plan and financial results.




Step 4:  Implement the mortgage planning recommendations.

The Action Plan to optimize your finances may require the professional services of CPA's, Financial Planners, Insurance professionals, attorneys, Realtors or other qualified advisors.  A Certified Mortgage Planning Specialist will coordinate the process with your existing advisors or provide referrals to advisors that you need.

Find a Certified Mortgage Planning Specialist in your area.

   


Wendy Cutrufelli, CMPS, CMP
Certified Mortgage Planner, Realtor
B.A. Finance and International Business
Direct:  925-917-1135
Wendy@WendyCutrufelli.com
Walnut Creek, California