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Saturday’s: 9AM 1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
Good economic news isn’t necessarily good for interest rates. Do you want to know why? Michael Harris explains that and more in this episode of Your Real Estate Life. Plus, if you’re interested in eliminating your debt sooner and creating real wealth for yourself, Michael will tell you of his Perfect Financial GPS Program that will give you exactly that without having to make a drastic change in your lifestyle. Tune in to learn more!
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I want to know, what loan do you have? I’m looking at what’s going on. We’re halfway through the year. We started now into the third quarter. A lot of things happening. People are making decisions. Some people are looking to purchase. They’re making their plans. They’re getting pre-approvals in. It got very busy, which is fantastic. We’re looking at where things are going in the marketplace to see where interest rates are heading. Although that’s important and if interest rates go down a half percent or a quarter percent, whatever it is, it jiggles around and it’s saving you monthly cashflow.
We’ve been able to assess your discretionary income and utilize it properly to help reduce that effective interest rate even further. It sounds like a lot of stuff here. The bottom line is it’s getting you qualified. I have been doing lending now for 36 years. This is my 37th year of lending. My goal is to help you navigate through this process in the most effective way for you and your family. It’s getting the right loan for the right circumstance, whether that’s a 30-year loan or a 20-year loan, a buy down, an adjustable rate loan, or whatever the case may be. It’s understanding the timeline that you are in the property and the goals that you have and the timeline that you want to see. We had an individual who said, “Could we look at a shorter-term loan? I’m probably only looking at it for five years.”
In looking at some of the shorter-term loans, some of those aren’t as effective because short-term rates sometimes are higher than long-term rates. We’re bending upon this inverted yield curve that we’re not necessarily enjoying, but we are currently going through. We start looking at, “Are we nickel and dimming and then cutting off the back end in case something would, should, or could occur?” We’re very careful to make these decisions, but I want to always bring out the opposite point of view so this way we can be sure of that decision.
There are no right and wrong answers when it comes to money. It’s a matter of preference, but there’s an absolute answer when it comes to dollars and cents. That’s going to tell you what is good just like when you’re driving. When you’re driving in your car and you’re getting to a destination, there’s a perfect way to go. Most of the time, we don’t quite make it the perfect way. It’s always like, “I got behind this car. I’m over here. I should have churned.” If you’re using the perfect financial GPS for your car, you might get there. Even then you may have a hiccup because maybe you didn’t operate it correctly. Now it’s a user error.
There are no right and wrong answers when it comes to money. It's a matter of preference, but there's an absolute answer when it comes to dollars and cents. Click To TweetWe want to make sure that you have all the information possible so you can make the best decisions all the way through. It’s always been talking to people in the right profession, whether it’s your insurance or financial. You have to talk to the people who have that degree, certificate, or expertise. You do what you do best. You may pretend to know how to do something else, but you’re not the best. Perhaps, you may think you are like, “I can go on the roof and go ahead and do it.” No.
“My mind is writing checks. My body can’t cash anymore.” I may have thought that I could do all this stuff. As you get older, you do take care of one big thing and you think the whole day was a great day because you got this thing done and you go back in your mind, “My God.” You do about ten of those things every day and you thought nothing of it. Now you got one thing done, and it was a tremendous day. You want to brag about the accomplishment. Things and perspectives change. My goal in the finance arena is to make a large change and difference for you. I don’t want you settling, I don’t want you paying more. Your lender should not be your friend. You need to make that change. I need to get that handled. Call us at (888) 543-3980.
We had a poll question. It was a yes or no. People were texting that in. We had a lot of people saying yes, they wanted to know more. If there was a program to eliminate most of the interest in your life, pay off all your debt, personal or end or business, even mortgages for as little as 1/3 or 1/2 the normal time without refinancing and without changing your lifestyle, would you want to learn more? You could still answer that question. Text (888) 543-3980. We had a lot of individuals who said yes. The next step, I sent a text back to them with an attachment for them to look at. They then reviewed it. I sent over a slightly longer one and then three shorter ones.
We had people going through those and getting back saying, “Oh my gosh.” We were setting appointments. Through the holiday, I had to talk to a couple of people early in the day, and then we ended up having some appointments later in the week, and we had a bunch of appointments. We’re going to be having a webinar every Tuesday at 6:00 PM. I need you to register so I know you have a place there. Register at Webinar@AHeadForMoney.com and you can find out more.
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My goal and mission are to help you save money, reduce your debt, and increase your wealth. I’m licensed as a real estate broker here in the state of California. I don’t list or sell. I refer, but I handle lending and financing, whether it’s your purchase or refinance going forward or in reverse, whether it’s commercial, residential, or even construction. I may be able to help and guide you through that process to help save you money. I want to get the most efficient way possible. My goal is also to eliminate that debt as fast as you like or can and also then create wealth, maybe even gaining more additional doors, rental income, and whatnot.
I want to talk to you about that here at (888) 543-3980. If you want more information, go ahead and give us a call or text us. Give me your name, information, and what you need to know. I’ll get that out to you. We can also run reports on your current property at Report@United4Loans.com. In running that report, I’m going to go ahead and get you a ten-page report on the property address of your desire. You’re going to be able to evaluate where it’s been, where it is, and where it’s going so you can make some decisions in regard to that.
If you want me to evaluate your current mortgage statement, we’ve been able to talk to individuals. You can do the math. You can take a look at your mortgage payment, principal, and interest. What percentage of that interest is going towards your total payment? 50%, 60%, 70%, or 80% of the payment? Your rate of 3%, 4%, or even 2% is not quite that rate when you’re paying that proportion. In an amortized loan, you pay more interest early than late. Later on in the loan, you’re 29%. You’re going to be seeing a lot less interest, mostly old principals. You’re stacking early. I want to show you how we can unstack that early time and take your effective interest rate much lower by attacking early interest to get into the meat of the principal.
We’re going to get that taken care of a lot more efficiently. We’re going to save a lot of money. I want to show you how we can reduce the number of years you owe by attacking early interest. Let me show you how. It’s not part of the mortgage plan. It’s part of your financial plan. We will customize a plan and show you what you can do and how you can manage that without any additional math, no algorithms, no mathematicians, and cohorts of people that you’re hiring. No additional charges coming in year after year. We’ll show you upfront how it works, where you get started, and what you can do to start saving money, attacking early interest.
I’m down to 8.2 years on my mortgage based on the current plan. It’s taking it from 26-plus down to 8.2, and that’s all debt. I want to show you effectively, using the principles of money, what you can do to eliminate debt sooner rather than later. This is no debt consolidation and settlements. You’re paying what you owe, but you do not need to pay that interest if you’re able to knock out that item much sooner. Just because you pay off a mortgage in half the time doesn’t mean you owe the interest over the life of the loan. You don’t. We’re going to show you how you are able to take that and effectively move through that process, and it can be done.
I was on the phone with a high school Math teacher. He taught Advanced Math. He was looking to retire. He tunes in to the program. He was amazed because he talked to his students about Math, numbers, the power of compounding interest, and various other aspects of Math. If you go back to those days, compounding interest is in reverse. How money accumulates and builds if you put it in. It goes the other way as fast if you could reduce interest by doing the same.
It’s not exactly the same, but the concept you may understand better. I want to show you how that works. Let me send something out to you. Send a text to (888) 543-3980. Send me the info to take a look at it. Throw me your name so I have it. I’ll enter that in and text it back to you with an attachment or a link. Go ahead and open it up and you’ll be able to review that. We could talk more about it if you desire or say, “I’m not interested. I reviewed it.” Done. I’m fine. Your items aren’t being sold to anyone else. They’re not going anywhere else at all. The one thing I would say is if you are looking to do anything as far as credit, make sure you go to the opt-out site and you fill that out.
I’ve been an advocate of this for many moons here, but if you go on your computer or phone, you need to go to OptOutPrescreen.com or (888)5-OPTOUT. What I advise you to do is if you’re looking to do anything on the loan side, financing, or having your credit pulled, make sure you do that a few days prior. What I found is we’re getting what is called trigger leads still, and it’s trying to get legislated. If you go ahead and apply for a loan or have your credit pulled, you’re going to get 30 to 50 phone calls within the next couple of days from people saying they can do better, then they want to take your time, and you’re working.
You need to go to OptOutPrescreen.com or (888)5-OPTOUT. That information is very important. I’ve had clients in the past who’ve elected they didn’t do that, and then all of a sudden they’re getting 30, 40, or 50 phone calls from individuals soliciting. It’s funny as I tell a story about a colleague of mine who’s in lending and didn’t go to the site. Now they got people calling her and she’s doing her loan technically, and they’re saying, “Your lender said they couldn’t get your loan done, and they told us to give you a phone call.” It’s her loan. There are all sorts of tactics and things that are going on, solicitations, call centers, and various items that are soliciting and following up. They’re buying that inquiry from the credit companies or bureaus.
You want to be very careful. Please utilize that Opt Out. If you missed it, give me a call at (888) 543-3980. I’ll share that again with you via email or text. You can send that to me. I’ll get that out to you. My job is to make sure your journey is as clean as possible. I make a living doing the lending and the mortgage industry. That’s what I like to do and do for you. I work with the host sales side. I’m a direct lender. We close on our warehouse line. I do service loans.
I can handle FHA and VA, forward and reverse. I set commercial and residential. We’re doing reverse mortgages for 55 and over. We’re helping people utilize the equity in their homes. We’re doing equity lines right now. Many individuals are tapping equity lines to have them available as a backup in this changing world and time. I can utilize and show you how we can take care of an equity loan and additional amortized debt sooner by eliminating 1 to 2 years off the present interest that you owe. There are a lot of effective things that we can do without driving you nuts. These are things that are easily done. You don’t have to be a mathematician. I can show you how. You don’t have to revisit it every single month or week.
As we get closer to the July 25 to 26 Fed meeting, we’re seeing the probabilities of another quarter or maybe a quarter in September. They’ve been hinting and pushing for an additional quarter and another quarter. As I said, when we’re looking at inflation numbers, it’s coming down as rapidly as they are because we’re moving to the May and June adjustments. I mentioned that July 12th will be a big day. We have the economic news coming out to eliminate June’s 1.2%.
When that eliminates and let’s say we replace it, I’m making it up 0.3%, 0.2%, 0.4%, or whatever it is, we’re going to reduce our inflation number and the headline is going to be, “Inflation goes down by,” and we’re going to go much lower. We’re going to go down to the lower 3s, if not the high 2s at best. All of a sudden it’s like, “My gosh.” Some will say, that’s great. Some will say, “That’s not accurate because we need to look at this number, which is let’s say, half percent higher overall.” We are going to look at the spin of these items, but we’re going to look at how these Fed moves have gone through the system.
The Fed is also looking for pain. They want to show that spending is going down. Everyone thinking everything is hunky-dory and keeps spending doesn’t necessarily help because then they have to tighten it even further. We are seeing the pain and different items throughout the United States in different regions, much more in others. We’re keeping an eye on that. With that, we’re watching interest rates still fluctuating with a 6 number, maybe a 5 number here and there.
We’re trying to get it to an affordable state, maybe in the lower fives by year-end. If we can get that, that’s going to allow more affordability. Now we’re getting more bodies in those 30-some-odd-year-olds who are still looking at first-time home buying and getting them in the door. As they get in the door, then we’re looking at inventory. I’m still pressing on this issue to find out if it’s ever going to pass or ever see some light with everything else going on, but they’re talking about still trying to raise the capital gains difference from $250,000, $500,000 to $1 million.
That would free up a lot of the homes that are sitting on the gains right now if they don’t want to pay the tax. It goes into the estate items and various other things. We look at these items and each item leads into the next. I talk about homeowner’s insurance and the additional fees on homeowner’s insurance if interest rates go down, but if the homeowner’s insurance rates go up, we’re still nowhere. I look at student loans starting in October and some people’s affordability factors. The student loans are like a home loan. Some will peg that to their income.
If you’re making possibly less money, maybe you have a zero payment until the time you’re making enough, and then it’s a percentage thereof. Some have that. Some don’t. Some are government loans that were done for student loans. Some are private. They’re being handled differently. Some will look or try to look at not damaging or hurting your credit when you can’t afford to make that payment in the first little bit. That’s on the table now.
Some of that will be for government loans versus private loans because the private loans will have to handle their own stuff with their shareholders differently. The bottom line is to start looking at what you have, find out what you need to do, and make sure you’re on top of that. That obligation and debt is a debt and an obligation. It is something you need to look at. I like to try to attack that and get on top of it early. I want you in the line, not behind the line or missing the line altogether. I want you to be aware of what it is that you should do, could do, and need to do.
(888) 543-3980 is your RealEstateLife.com or United4Loans.com. On Monday, we have the Empire State Manufacturing Survey. On Tuesday, US Retail Sales, Midas Autos, industrial production capacity utilization, business inventories, and home builder confidence. Wednesday, we get housing starts. Thursday, we have initial jobless claims, the Philadelphia Fed Manufacturing Survey, existing home sales, and US leading economic indicators. We’re seeing existing home sales way down, but we’re seeing new home sales high because the builders are backed up. They now are the ones in the market. The home builders can have a lot more. We’re shy of inventory, but you’re finding new home sales are up and existing home sales are down because inventory is low. We’re trying to see where we are on the corrective schedule.
On Friday the 14th, we have no economic news. Nothing is scheduled, but I’m sure there’ll be news coming out and we’re going to keep our eye on that so we’re going to see what we need to do. As we do that, we’ll talk to you again at that time and see how we fared and go from there. I have been doing this for a long time. I do look at daily items and sometimes by the hour. We have loans that are in and we’re making lock decisions and closing decisions. If we’re able to save $100, $200, $300, $1,000, $2,000, or $3,000 by making a decision in the morning versus the afternoon or vice versa, we do that.
Sometimes we can’t look at the minutia of it all of making a decision today that’s not ready to close in three weeks. If there are large items that are going on and things that are happening, we can take the risk out, but we’re watching the market carefully. We’re trying to walk alone with the shortest amount of days possible because the shorter you lock in a loan, the less time you’re buying the money prior to close. The longer you purchase money prior to close the more expensive it is because you’re paying for less risk and buying that money early.
We’ll take a look at that and make those decisions together. It all goes back to you qualifying, getting pre-approved, and understanding what your goals are. We’ve had individuals who are looking to do consolidation, home improvement, do an addition, and do all these items. The home value could also then change and be worth more causing the equity position to be better and being at a better plight, maybe a better credit score, then maybe we’d revisit six months or a year from now. We’re able to lower the interest rate and then additionally, attack that interest with a Perfect Financial GPS Program that’ll eliminate years off the loan, effectively taking the interest rate even lower.
If we’re able to do multiple attacks through the current program and rate that you’re getting by keeping fees down and then attacking with a better interest rate later on as the market allows, and then attacking through the principles of money to lower the obligations that much sooner, to free up that capital for you and your family and things that you want to do to protect your family and yourself, that’s our goal.
We’ll do this. It’s a combination of things that we need to work together. Sometimes it’s not talking to ten different experts and getting one particular item from each because then all you’re doing is now mixing this concoction. Now you have a lab that may explode because you’re mixing things that can’t mix very comfortably. They’re not necessarily in sequence to what can be used together. Sometimes those potions don’t work well together. I want to make sure that you have each step in understanding and these items can work with or even sometimes without you. I’d like you to understand as much as you like. One thing I’ve learned is I don’t perform my own surgery. I may know what needs to get done, but it doesn’t mean I’m cutting here and taking care of it.
I’ve been in the lending game for 36 years and my goal is to help you navigate through this process in an effective way that I’ve seen that has worked, utilizing, and I’m always learning. You never know everything, but you have more experience each and every day. You’re in an item. On your job, you learn every day. You may know it better than some, but you may know it less than others and you’re learning. Once you learn everything, then there’s nothing else to do, and go find something else to do. I’m always learning. There are always changes that are going on. There are rules, regulations, and changes of items, scenarios as far as guidelines, additional fees, costs, and risk assessments, all these things occur.
As a CEO and Owner of United Mortgage Corporation of America, I have a company to protect. I have my livelihood and my family to protect. I also have you to protect as well. We want to make sure we’re doing everything the way it needs to be done but have the best results possible. Call us at (888) 543-3980. I’d like to send you some easy information for you to follow and watch. You can watch on your cell, tablet, computer, or wherever you want to be on your own time.
I want to send you a couple of things to take a look at. I want you to have an open mind. I want you to understand that maybe your idea of money might be a little bit different, but maybe there’s another way to look at it. Sometimes when the wind blows and keeps going, you can’t change the direction of the wind, but you can change the direction of your sail.
Sometimes when the wind blows and keeps going, you can't change the direction of the wind, but you can change the direction of your sail. Click To TweetI’m asking you, let’s see what you can do. You might be going right into a headwind and you’ve been doing that, working hard, and doing it over and over, and you’re not going anywhere in a hurry. I want you to go in the right direction. Change that sale and let’s see some progress. Let’s make the journey a little bit easier and get to your destination much sooner. This program, as well as our previous programs, will be on the site. You can listen to your past program, but let’s have your very own program.
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I’m talking about your real estate life. I’m talking about your debt-creating wealth, eliminating early interest by then having the ability to attack your principal much sooner than the 30, 20, or 15 years that you contracted for. We’re going to get rid of that much sooner. I’d like to show you how that’s done. It can be, not having you change your lifestyle, not having to go on pork and beans, or not having to go into a tiny home. I’m looking to do this effectively. If you have a checking and savings account, I can make that happen for you. If you are able to utilize other principles such as a home equity line of credit, maybe even life insurance, or other items that you may or may not have as yet, we can do that as well.
I’m licensed in the state of California as a mortgage individual, MLO. I’m licensed in five states as a company. I’m licensed in California, Colorado, Montana, Texas, and the State of Washington. I’m able to do loans in 30-plus other states doing what is called death service coverage ratio loans, DSCR loans. I’m licensed as a broker here in the state of California. I don’t list or sell. I have a California broker’s license. I also have a California insurance license for life health and disability. I also have certifications for underwriting for FHA or VA conventional. I also have it for commercial lending. I do have those in my feather and my cap. I want to make sure I’m providing you with those insights and directions as we go forward.
Whether I close those, I refer those, or I go ahead and tell you the best direction to head, I want to give you that right insight. I want to work with your team of professionals to make sure you have the best options possible so you can make the right decision, whether it’s your CPA, financial planner, real estate agent or realtor, or anyone on the spectrum, your estate planning attorney, in some cases divorce attorney. We’re working with divorce attorneys sometimes on equitable splits when we’re doing one spouse to the other and refinance.
The interesting thing is, as I talk about the debt space. Certain individuals, based upon the way they look at money and the direction they look at money from, will come up with a different plan as far as what they think debt is not worth, but what the obligation needs. When I mentioned taking 26 years down to 8 years, some people may look at it as an 8-year obligation and other people look at it as a 26-year obligation. They value it differently. It’s a matter of education, information, and understanding how to utilize that space properly.
Sometimes we’ve been on one side of the fence and the other one’s begging for the debt. The other one says, “Good. Go. Take it.” The other one is happy as hell because they’re paying off much sooner and it’s much less than the other obligation. It’s a matter of perspective. It’s understanding money and numbers. A lot of people have different relationships with money growing up. It’s understanding how to utilize those properly. It’s becoming the bank. You look at what the banks are doing and when they lend, usually in that first 5 to 7 years when they’re earning anywhere from 50% up to 80% interest on the early years, that’s why they’re making so much money. That’s where the benefits are.
What happened in the mortgage industry is when loans are being done at no points and no fees, what happens is you’re raising the rate, which they’re already getting a huge rate. The difference between a half percent in the interest rate on the front side doesn’t mean as much to them. That meant a lot to them was the fact that they were paying all your closing fees. If they’re paying let’s say commissionable and then also the fixed fees and they’re laying out, I’m making up a number, but let’s say laying out $10,000 upfront for the obligation to get that loan. They’re looking to now earn enough interest to gain back that money so they’re breaking even. When loans were paying off in a month, 2, 3, 4, 6, or 10, they were losing money.
The ability to do the no point, no fee, or no cost loan gets a little bit more difficult now because where they see interest rates going, it is eventually slightly down. They don’t want to be caught doing this loan that they’re not going to hold for a long time and hang out a lot of money to do so. They want you to have some skin in the game. Maybe it’s a no-point loan, but maybe it’s not a no-point, no-fee loan. We have to weigh those differences, understand the benefits, and see where we are to those cost factors to see if you get that 6% or 6.5% rate and rates go down to 5.5% or 5.25%, what is the cost of that redo loan and when are you going to recoup or recover as a result of redoing that loan?
It’s not the whole idea of starting over. It’s utilizing the right principles and understanding to not start over and reduce it even faster because now you’re doing it with a lower interest rate. It may create more debt relief, but that extra discretionary money can be utilized to pay off other obligations. You want to put it to work for you. It’s not just more money to spend. Just because you refinance and pay off all your debt and now you have zero in the cards doesn’t mean you could recharge them again. That’s not the general rule of thought. That goes right to the old aspect of I still got checks in the checkbook. Can’t I still write checks? That’s why you order a thousand checks.
We want to make sure there’s responsibility there and understanding. That’s what we go through with you. We’ll take a look at the options and choices. We want to make sure you get the best choices possible. When the market and interest rates were still heading down with some momentum, we were doing loans for individuals at no cost. Whether it was 6 months or 1 year down the line, we were then able to lower the rate and potentially in some cases with no cost again.
People were buying a home with a down payment only. In some cases, there was no down payment, and there were no closing costs. They were moving into a property. That happened and then all of a sudden, they had 20% equity. We’re looking at maybe 0% this year. Maybe 1% in change next year, and then maybe up to 3% plus the year after.
We’re not looking at gangbusters as far as equity and improvements, but we’re not necessarily looking at falling off a cliff either. We’re looking at the age range that we’re in. The next generation is catching up to the current generation of home buyers. We’re looking at more Baby Boomers as buyers than the next generation. The average age range is about the mid-30s as far as first-time home buyers. We have people catching up on the backside, depending upon affordability, but we are looking at loans a lot differently. We have gig incomes and multiple jobs.
The way you look at things now if you don’t have three jobs, it’s like a Saturday Night Live skit, “How many jobs do you have? Only one job?” The issue then is we have to look at the qualification and we’re looking at the history of that job. Just like when we look at jobs where they have overtime, “Do you have a bonus?” We have to show that history of overtime and bonus, also the profession that you’re in. All these things come into play and that’s when we look at the type of loan that’s available, whether it’s utilizing tax returns, W-2s, 1099s, profit and loss statements, corporate returns, or partnership returns if you have rental income with a Schedule E, all these things come into play.
Maybe you have a Schedule C and you’re writing off and you barely show any income, but you have great cashflow on bank statements. Now we’re looking at bank statements and cashflow. These are all the things I look at on the underwriting side to make sure we’re able to extrapolate an item that’s approvable and allow it to be closed. We do that as fast as we can so then we can work and deal with the property that you’re looking at.
We’ve had properties that have come in that have termite damage, chip paint, water stains, this and that. These things also need corrective ability, especially when you put a termite in the purchase offer or when an appraiser comes out there and takes a look and notes these items as corrective items. I can make sure you are okay, but then it’s the property that needs to meet qualifications. I go back to a very early loan in my career.
I was new in the business. I was happy getting loans and I was excited. I knew what I knew, but I didn’t know what I didn’t know. I’m always learning, but I had to supervise somebody going out and knocking down this lady’s patio cover because it had termites and there was no way to correct it. She had to knock down her patio cover. I’m sitting there as a twenty-some-odd-year-old kid watching them knock down this lady’s patio. She gladly did it, closed the loan, and we were good to go.
These things do occur. People may have to spend money or handle things to have corrective for health and safety issues. I want to make sure you’re good, then we can attack the property, and your expert, home inspector, realtor, and termite inspector, all those professionals can help with that process. Assemble a team.
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I’m here to talk about your real estate life. It’s getting ahead of your finances. When it comes to money, I want to help save you that money and spend your money the way I spend mine sparingly. I want value for my money and so should you. You’re tuning in to this program for a reason. If you’re working hard to receive money, you should be working as hard or maybe less to try to keep it. Less doesn’t mean you’re spending it. I want you to work less because you’re doing it more effectively and smarter. I want to give you those tools.
If you're working hard to receive money, you should be maybe working as hard to try to keep it. Click To TweetI want to show you how you can utilize the money you receive and make it go further for you. Let’s do that together at (888) 543-3980. If you want to text, you can do that to the same number. I’d like to send you some information, not long stuff to go read. We don’t have time for that. Maybe some quick items you click, open up, you watch it, and you go, “Hmm.”
If you say, “Hmm,” and it is of interest to you, I want to talk to you further. I want to set a time that’s convenient for you, whether it’s an evening or not, whatever it is that we can talk further and then we can see what I can do and what I can advise to help you save more money and have additional cashflow. If you like, you can register at Webinar@AHeadForMoney.com. If you send an email there, I want to give you a link for a webinar at 6:00 PM Tuesday.
I want to get you a seat in the room. You’re going to see a tremendous presentation with a tremendous opportunity for you to save money. Once you have that meeting and opportunity, I want to get back to you. I want to see what you felt about and how you felt about what we talked about, then I want to run your numbers and talk to you specifically about your goals and what you’re looking to accomplish. Free up your debt sooner so you can move forward faster.
This registration will make a large difference. It’s not going to cost you a lot of something. It’s a little time, but not doing is going to cost you thousands of dollars. It truly is. This is not a sales job to you. This is a good information. I’m doing the same item and by doing what I’m doing, I’m taking 26-plus years down to 8.2 years right now. It’s saving me a lot of money. It truly is. Only a few months ago, I was telling you I was under ten years. I was to do another leg of what I was looking to accomplish. It took me almost another year and a half.
You can make a big difference in what you do. Let me show you how that can work for you. I’ve shown a 75-year-old woman who is going to be debt-free at 102. I’ve got her down in the 80s. I have people that are in their 30s being debt-free by the time they’re in their 40s. I have people who are 60 or 61 years of age debt-free by the time they’re 70. These are paying off large obligations and mortgages. Just because you don’t have a mortgage, you think it’s not right for you. It is. We had a young lady who had student loans, paid rent, and had credit cards and car payments. We took 15-plus years and we took it down to under 4.
I want to show you how you can get back control of your finances and how you have the ability to do the things that you want to do and set up for your future and be more secure. At the same time, it’s going to improve your credit scores because you’re handling things more efficiently and properly. I’m going to show you how effectively to do that as well. We have first-time home buyers. They’re going to be in better positions than they were before. We have repeat buyers who will do the same. We have people who will be able to borrow for less money because their scores are better. You have less debt. Your debt-to-income ratio improves. I want to show you how you can effectively utilize these steps for a Perfect Financial GPS Program to benefit you throughout the rest of your life.
I’m a certified field trainer for this debt Money Max Program. I want to talk to you about making a difference in your life. My primary focus is your real estate life. It’s looking at how we can set up your obligations more effectively in order to do a better job when it comes to creating wealth, looking at your home loan and mortgage, and leveraging what we need to do to acquire the property. You want to acquire an additional and then effectively pay off those obligations to create wealth sooner and do it more affordably.
In the past, there have been experts that have talked about getting a ten-year loan. The payments are astronomical. They have basically choked you 1 year or 2 in and then you’re crying uncle wanting to get out. The problem is that the market is different or higher as it now has changed from the previous. All of a sudden, you’re changing to a higher interest rate and moving from that 10 to a 30-year because you can’t afford to stay in what you have.
I’m not talking about doing that. I’m talking about going the other way, reducing interest sooner, attacking the debt, moving faster, and taking effective rates down from 0.5% to 2%. I’ve been seeing those differences. Let me show you how I can do that for you. It’s not refinancing, but it’s effectively using money properly to gain those results. Sometimes it’s not about the interest rate. I’ll tell you it’s not about the interest rate at all. It’s about the interest of volume. What are you doing with that interest rate and interest payment and obligation that you have? How are you effectively moving it through the cycle to get that done properly?
Everyone is programmed, “I want that 2.75% and 30-year fixed.” 2.75% is maybe better than 5.75%, but what do you do with that 2.75% if doing nothing? Someone at the 5.75% rate could do a lot better than someone at that 2.75% rate if they understand and utilize what can be done. I want you to spend your money effectively. I want you to spend your money the way I spend mine sparingly. I want value for my money and so should you. Your lender is not your friend. They’re making money. They’re in business to do so. You need to make it stop. You’re paying too much.
Your lender is not your friend. They're making money. They're in business to do so. You need to make it stop. You're paying too much. Click To TweetThis is part of a perfect financial plan for you. Where you are, where you’re looking to go, and how we’re able to get to the other side. Many of you are debt-free, that’s fantastic. I’d like you to share this with others. I want them to get on that journey and be in that position to be comfortable. The obligations that you have, whether it’s insurance items, property taxes, household items, groceries, inflation, and things like that have changed as well. People are looking to gain additional funds and monies coming in monthly as a result. We can help with those as well. I mentioned we do forward loans and reverse mortgages. It’s gaining access and availability as needed, knowing it’s there to tap or use. It’s when you need something and you can’t get it.
When you don’t need it, you can always get it. Making sure you have it there as a reserve and an item for yourself is what I’d like to do, then utilize those monies and items effectively to create additional income or wealth at the same time. It’s not complicated. It doesn’t have to be. Let me show you and guide you to a Perfect Financial GPS Program. Many of you have gone through the transition of change using maps from your glove compartment. When was the last time you pulled out a map or an Atlas? Just for fun. You’re pulling that out. You’re not doing that. You’re utilizing your device, your phone or whatnot, or your car and you’re navigating properly. If you miss the wrong turn or item, it says, “Recalculate,” then it gets you back to your destination as fast as possible.
This is what we’re looking to do now with your finances. Technology has advanced. We’re hearing all this stuff about AI and various other things, programming AI, and making it smart, eventually getting smarter than what you’re doing. People have some worries about some items, but if it’s effectively being done. It was interesting and I’m no expert at all, but I was toying with an item on ChatGPT and I said, “Processes of a first-time home buyer.” All of a sudden, in about ten seconds, it had a full outline and a full thing going on about all the steps needed.
All these things need to be looked at, proofread, gone through, and made sure that they’re still accurate as it learns. There’s a whole process to this and this is going to go on over the next 1, 2, or 3 years additional. It is going to develop and it’s something that, to some degree, needs to be embraced, but it’s already going on. How many of you have your Roomba going around your house doing the vacuum cleaning and whatnot? That’s part of that system already. A lot of these things are being used and the technology has been around for 70 years. It’s now being pushed out in a different respect or a different way.
A lot of changes are going on in the 36-plus years I’ve been in the mortgage business. When I got started, we were excited to have pagers that went off and we had to pull over, grab a coin, get a payphone, and go ahead and make a call because the cell phones weren’t there yet. About a few years into my business, cell phones were there and you’re buying these big brick phones and you’re spending $2,000 a month on your cell phone bill.
You were scared to use it. It was like code, you call and hang up. You had to do what you had to do, then the pagers had digital readouts and printouts. That became the new thing that you didn’t have to pull over and use the phone and get the hangup on your voice message. All these things happened. You go back to the fax machine. We had these fax machines that had a paper that you had to put hard things on both sides because the paper would keep rolling up and you had to make a copy, then it was a plain paper fax. We were happy.
The bubble jet printer, going on, you hear the laser and the thing going on, the mimeograph, carbon copies, and paper. We’ve gone a long way. There was the copier machine that almost cooked your breakfast. Things changed and got simplified. People remember the old Remington typewriter that you had to push the keys and go all the way down and then all of a sudden, it was electric. You barely touched it. The thing typed, “I made a mistake.” You had to worry about what you were doing. Now, you go on the computer, you go ahead and hit spell check and Grammarly. You go ahead and do this thing. It’s very easy to go through and write a college paper. It used to be you had to write the whole thing and type it all over again.
Half the battle was getting the thing typed, submitted, and churned in. Now you stop and move it around, “I’ll move this paragraph here or here.” You could do that. Sometimes easier items make things life harder, but sometimes it doesn’t. I want to show you how you can make your finances better than they have been before with less work and more effective use of what’s available for you. It’s banking like the bankers do. It’s becoming the bank.
It’s almost borrowing from yourself to pay yourself to earn more money. There have been many individuals over the years who have spouted and talked about this. They’ve been either laughed at or told, “I can’t do that.” It’s been there for years, but now there’s a perfect way to navigate through without having to figure out and compute it, go do it yourself, and get a degree in Mathematics or Finance.
Let me show you how that’s done. You would need nothing. No knowledge of numbers or finance. Let me show you how that’s done and how we can effectively take that burden away from you. The thing that I like about this, it allows a husband and wife, spouse or partner to work together alongside. One may have an affinity to do, the other one doesn’t, but the other one could log in, as well as the other, and see all their items, incoming and outgoing, and understand what’s going on. It could pick up the ball and follow directions and ideas.
It does not take a degree. It does not take mathematics or money background, but it takes understanding and watching what you see on your screen. Garbage in. Garbage out. We need the right items in. I need income. I need monthly obligations. We need to catch those annual and semi-annual, quarterly, and monthly items, whether it’s income, gig income, other items, or variable income. It’s putting all those items into play. I would help put those in. We would then spit out a number, then you would be debt-free.
We’ll evaluate and understand. You might be able to say, “This is excellent. I can do this.” You might be able to accomplish a bit of it, but you’re going to leave a lot of years on the table. I’ve mentioned in previous programs that I was looking at it. I had my stuff maybe from the 26 years, maybe down to about 12 or 13 points. I’m now down to 8 points. In doing that, that additional 3 to 4 years, when I look at the monthly obligations I had, that’s a lot of money.
If I told you that you could work hard and save a lot of money, but you can work less and follow something that’s going to save you an additional $50,000. It sounds pretty good. Sign me up. That’s what I did. I’m a certified field trainer for the opportunity and I want to show you how that works. I want to send you some information to review on your own. It’s not a lot of reading. It’s watching an item on your screen.
Once you see that item, you’ll have a better understanding. We could talk further about it, but I want you to take a look. That’s all I’m asking. Let me know when you’re complete and then we’ll talk further. Mind you, I’m in the mortgage business. I like doing lending, refinance, and purchasing, but right now I’m about to save you money. That’s what I’m doing for you.
I want to save you money. If you got anything from our program, it’s I spend your money the way I spend mine sparingly. I want value for my money and so should you. Pick up the phone. If you want to keep that money in your pocket and make sure you’re spending it for yourself and your family and not giving it to somebody else. I’ve had enough. I made a change. I want you to make the same change. Pick up the phone. Thank you for being with us. Until the next episode, what kind of loan do you have?
(888) 543-3980. If you text there, I can send you out information. Toss me a name. Send me the information. I’m going to send you some items to review. I want to know when you complete those. We’ll set up a time to discuss it further and understand where you are with your finances and your real estate life. I want to share with you a Perfect Financial GPS Program. We’ve had a very busy time with this and I want to make sure I have time for you. We’ll talk next episode.
