THINGS TO THINK ABOUT
• How do you get paid?
• What do you need cash for in the future? (are you planning a renovation, redecorating the living room, expecting?)
• In your month to month cash flow, are you tight for cash - or do you have a little extra from time to time?
• Call to go through a detailed list, together we'll find the best solution for you - and pay off that mortgage !!
TYPICAL FINANCIAL RENOVATION
FIGURING OUT HOW TO PAY DOWN DEBTS FASTER
MORTGAGES
DESIGNED
FOR YOU
THE MORTGAGE THAT IS DESIGNED FOR YOU
THE RATE IS IRRELEVANT!
To help you figure out how to pay debts down faster, we review all the debts you have. We look at your current cash flow and we look at your regular monthly expenses. Together we look at what is important to you and living your life and you receive a Financial Renovation that outlines options and the impact should you apply them in your day to day cash management.
We know you are busy, so we also offer the service of actually constructing the financial house based on your feedback from the Renovation.
So you have been working and there have been regular pay cheques and you haven't really thought about what happens to your finances after you retire - and we are NOT talking about investments. We are talking about paying taxes 5 times a year and the implications of RIF withdrawals, OAS, CPP, pensions etc all contributing to affording the life after retirement without the hassle! At SO!, we go over with you what you need to think about and help you draw up the blueprint for managing the day to day living costs and making sure these costs and payments aren't a surprise. We even have a reminder service just to help you out!
Like me, you probably haven't thought about using the services of a mortgage broker. After all, they advertise their ability to get credit for those who have difficulty obtaining credit. But together we need to think again! Mortgage brokers have access to over 75 lenders - so if you think about it like buying a pair of shoes, you could go to one store with one brand only or you can go somewhere that offers a variety of brands and find what truly is the best fit for you. After all - sometimes you can be surprised by the offering that a different brand has vs your 'stand pat' favourite. So when I started this business, I was just trying to find the best mortgage for a few of my clients - and imagine my surprise! That's when I learned the value of mortgage brokers for people who have no difficulty obtaining credit - there are so many lenders out there, who will offer a product with the smallest of variations - that will make a huge difference to us! So I decided to become a mortgage agent with Mortgage Alliance in order to be able to offer all my clients - including those who have no issues with obtaining credit - the product that can fundamentally help them pay the mortgage off faster!
Here say you say?
At the end of the day, the lowest rate possible is so pervasive, we become blinded by a low rate and forget the other elements like paying a mortgage off faster or the importance of providing the flexibility for access to cash with a line of credit or even forget about big ongoing future expenses!
SO! Financial Renovation will work through all the options with you to help find the mortgage that will suit your needs. We take a close look at how you recive your cash and match it to mortgage payment options. Believe it or not - there are some options where you can make principal payments of $1 every day if that is how you want to handle it! And there are those who are willing to make massive incremental payments that coincide with any bonuses or year end commission top ups that can be co-ordinated with very low monthly payments.
We work with you to find the best solution for you!
PLANNING ON HOW TO USE SEVERANCE PAYMENTS
RETIRING?
SO! THINKS
One of the most stressful things that happens when you leave employment unexpectedly is how you are going to manage your money to last until you get that new position. Family expectations and plans add to the stress.
SO! has developed a Renovation for the newly unemployed. We rely on reviewing with you the priorities for you and your family. We will take a good look at your expenses to minimize their costs...and as you will likely have some time while you are searching for the new position, we can provide you with a 'to do' list to help you optimize all that money you received.
When you don't know where or when the next pay cheque will arrive, we give you the plan as to how to make the severance last as long as possible and give you the peace of mind to focus on landing that great new position!