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Mortgage Planning

What is Mortgage Planning?

Mortgage Planning is the process of carefully evaluating your mortgage options and choosing the right mortgage strategies that fit your current financial situation and then aligning that with all your other financial goals.

Here's how the mortgage planning process works:

Step #1 - The Initial Conversation

Our initial conversation will focus on questions such as:

  • What does your current housing and cash flow situation look like? 
  • What are your new housing and cash flow objectives? 
  • What large expenses should we take into account as we help you develop a housing and cash flow budget?

Step #2 - Analyzing and Evaluating Your Options

Next, as we evaluate your options, we will ask questions such as:

  • What are your housing, debt planning, and cash flow options? 
  • What, if any, mortgage products and strategies would be useful to you? 
  • What is the likely short and long-term impact of these mortgage options on your overall situation?

Step #3 - Development and Implementation

Once we've discussed your options, and how these various options may impact your overall housing and financial situation, it's up to you to decide on which plan of action works best for you. We’ll be here to answer any questions and be a resource to you in any way we can. IWe’ll also coordinate the whole process with you and your financial advisors as necessary.

Step #4 - Monitor and Review

Mortgage planning is a life-long process because your financial situation is likely to change from time to time. As your mortgage planners, it's our role to help you monitor these changes as needed through an annual conversations. During our annual review, we’ll give you an update on the interest rate and housing market, and we'll discuss any changes that may have occurred in your situation to see if it makes sense to modify or update your mortgage plan.

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