I wanted to write and say thank you again for all of your assistance with our recent refinance. The paperwork all came through at a time when I was quite frazzled between work and travel. As always, your thoroughness, thoughtfulness, patience, and “personal touch” all made for a smooth and pleasant process. This is the third time we’ve worked with you and we’ve never been unhappy with the result! In a world where too much has become impersonal, you have always kept your customer first and foremost and as a result, you win yourself a lot of loyal “fans” in the process.
More rave reviews...
I am a Financial Educator
and Professional Mortgage Strategist
Right or wrong, most prospective clients begin with the perception that every
firm in an industry is like the next. All accountants do taxes the
same. All electricians wire ceiling fans the same. All drywall companies hang drywall
the same. I am a financial educator and professional mortgage strategist with over
15 years' experience in the mortgage and financial services industries. I have helped
thousands of families during my career and I can help you select the mortgage structure
that best suits your specific situation.
A mortgage can be a very effective tool when properly integrated into a comprehensive
financial strategy. There is no "one size
fits all" mortgage. Everyone has different goals and objectives
and the mortgage you select should enhance your specific goals and objectives. Are
you like most other people who make decisions about their mortgage simply by who
quotes the lowest interest rate and lowest fees, whether
over the phone, on television, or on a postcard you received in the mail? If you
are, you may not realize or even consider that your mortgage can and will affect
other areas of your financial profile. Contrary to popular belief, your mortgage
isn't something you just take off the shelf and put in the basket in the checkout
line at Wal-Mart.
Big problems can arise when you try to go it alone or when you select
a mortgage based on advice from well-meaning family, friends, and work associates.
In most cases, those close to you don't know the specifics of your situation. Do
you share your credit scores, credit card balances, debt payments, income, and cash
position with them? And if you do, are they qualified to give you advice of that
nature? Do you take advice from others without first considering their level of
financial success? If you do you may be costing yourself tens of thousands, hundreds
of thousands, or even millions of dollars over your lifetime.
Your mortgage should integrate with your short and long-term investment and
savings goals. As a financial educator I want you to know that important
consideration should be given to the other areas in your financial profile such
as emergency cash on hand, retirement savings, college savings, and insurance needs
like life, health, disability, and long-term care in order to protect your family.
Financing your house without considering how your mortgage interplays with these
areas of your financial profile can be a recipe for disaster because your mortgage
payment will most definitely affect your monthly cash flow and your ability to fund
other financial priorities.
As a professional mortgage strategist my expert advice and unique process will
show you how a particular mortgage can either hurt your financial profile or help
your financial profile and will provide you with a blueprint for greater financial success and give you the confidence and clarity to make that blueprint
become a reality. I help you understand how your borrowing will affect your wealth,
your cash flow, and your overall financial security.
If you are a homeowner, I will help you identify your non-preferred debt and
help you restructure your financing to minimize or eliminate your non-preferred
debt, which will allow you to optimize your cash flow, minimize your interest expense,
while maintaining maximum tax deductibility. You can then apply your newfound monthly
cash flow to paying down other debt or increase your savings.
The most critical step you can take to protect and build your wealth is to begin
to manage your liabilities. To manage your liabilities you need to
formulate a debt strategy. I've found that most people focus on the wrong things.
Because many Americans believe the answer lies exclusively in making more money
they fail to consider the impact of their inefficient borrowing on their cash flow.
While making more money can increase your cash flow, for most people, more money
usually translates into an increase in lifestyle and not an increase in cash flow.
Successful liability management begins with education. As a financial
educator I will teach you about key concepts such as preferred debt versus non-preferred debt, effective percentage rate,
household blended debt rate,
the importance of safety, liquidity,
and rate of return
and the role that each plays in liability management.
There is more opportunity to build wealth through liability and equity management
than all other opportunities combined. Managing your assets without managing your
liabilities is like heating your house with the windows open. I will also teach
you about other concepts such as personal debt versus investment debt,
investing in assets versus debts, compound interest, market
risk and discipline risk, as well as leverage.
If you aspire to be a homeowner, I will help you identify your non-preferred
debt and advise you on ways to minimize or eliminate that debt. I will
also help you determine the most optimal down payment and mortgage structure to
allow you to maximize your monthly cash flow, minimize your interest expense, while
maintaining maximum tax deductibility.
Whether you are currently a homeowner or you aspire to be a homeowner, your
financing should always be based on what is appropriate for your current specific
situation. You have unique current and specific needs based on your
age, experiences, ambitions, risk tolerance and other factors. Consideration should be given
to a potential change in income, a change in marital status, the birth of a baby,
a potential change in tax status, whether or not your house is a starter house,
whether you anticipate receiving an inheritance, and any other events that could
impact your financial future. Over a 30 to 60-year period, even small decisions
can have a tremendous impact on your wealth.
Now, more than ever, you must become more aware of how your approach to borrowing
affects your ability to build wealth. Any competent loan officer, and
believe me, they are not all competent, can get you a loan but I am here to make
sure you get the right loan based on your specific circumstances. I offer the same
loan products as other firms, but you get something extra when you work with me.
You gain access to my expert advice from over 15 years experience in this industry
plus my unique process and all of the tools I use to help my clients borrow smart.
I stay in touch with you to make sure that as your needs and circumstances change
I am able to help you make any appropriate mid-course corrections. Think of it this
way: If you were lost and you could have either a map or a personal guide to help
you find your way, which would you choose?
As your personal guide, I will work closely
with you and coach you through the implementation of these concepts in your life.
My primary focus is on increasing your financial knowledge and decision making capabilities.
Now that you have a better understanding of how I help my clients
to learn more about
What We Do.
Borrow Smart Retire Rich
by Todd K. Ballenger
and Shawn R. Perkins
Click here to download the first three chapters of my book!
to request a FREE copy of our Strategic Homeowner magazine!