Mortgage Recommendation & Advice

As a mortgage adviser, I like to fully understand my client's short and long term financial goals before making a mortgage recommendation.

This is different from the vast majority of loan originators out there who have little experience in financial planning and who only tend to recommend the lowest 30 year fixed rate loan without discount points.  

It doesn't help that the mainstream media normally pushes the same product without any inkling of thought as to the client's individualized financial situation. 

For many first time home buyers, the chances of keeping the same loan for 30 years is practically 0% based on life's circumstances like continuing education, job promotions, and marriage.  It simply doesn't make sense for most people to pay a rate premium for 30 years of rate protection that they're not going to need.  

For people who understand how to calculate and bet on the odds that have the highest chance of winning, those people will save the most in the short wrong, and the long run through their habits of making smart financial choices.

~Jim