FINANCING NEEDS

CHICAGO MORTGAGE LOANS - ADVANCED FINANCIAL CONCEPTS FOR ADVANCED CHICAGO HOME OWNERS

Experienced Chicago buyers may have been through the home buying process at least once, maybe several times.  Now they are striving and most likely in a more stable position financially than earlier years of their professional lives.  However, ask yourself at some point - am I really set in the right direction?  If still uncertain exactly how to align home ownership with true financial and retirement planning, it is time to fully understand how to make a change to become more financially astute in this regard.  Savvy Chicago home buyers understand at this point to no longer be flying by the seat of their pants financially.  You should probably have a trust established, a living will in place, disability insurance (investment-grade life etc.) coverage and an exact course of action to be followed.  We have all been taught to make a big down payment, get a fully amortizing loan product and contribute extra to principal payments in order to pay off our mortgage loan as quickly as possible.  Understand, this simply is inaccurate at best.

CHICAGO MORTGAGE LENDING FOR EXPERIENCED HOME OWNERS

Chicago home owners also know the best mortgage financing structure is complicated to figure out even for a financial professional such as a CMPS or CFP.  The "best rate" or "lowest mortgage rate" advertised - or provided in a loan structure - has nothing...absolutely zero...to do with the most sensible mortgage plan, mathematically speaking.  Appropriate home equity strategy through the right Mortgage Planning concepts will more quickly achieve a desired net worth and allow a freedom point far in advance of retirement.  Taxation, AMT limitations, arbitrage, time value and velocity of money principles play a large part of loan strategy.  Allow us to give you an overview of the various mortgage and debt management strategies that help clients better manage cash flow, accumulate wealth, increase net worth and preserve assets utilizing the RIGHT principles...Safety, Liquidity and ROI.

CHICAGO HOME OWNER... WOULD YOU WANT AN INVESTMENT PLAN THAT OFFERED THE FOLLOWING?

  • The customer decides the amount and length of time that contributions to the account would continue.
  • The customer can pay more than the minimum required contribution but not less.
  • If the customer attempts to pay less, the financial institution can keep all prior contributions and terminate the account.
  • All dollars in the investment are not liquid and provide no rate of return.
  • Every contribution results in less safety of the investment and increased tax liability.
  • Finally when all contributions are complete, there is no payout to the client.

THE INVESTMENT IN THE ABOVE CASE IS - AND DEFINES - HOME EQUITY.

For the FIRST TIME in financial history mortgage planning concepts we utilize have been officially documented and proven.   Click below.

CALL
JON MILLER
DIRECTLY AT:
312.738.6013 jmiller@chicagobancorp.com