monitoring your loan

Future Monitoring of Your Loan

As Mortgage Advisors, we are not only concerned that you have the perfect loan strategy when you purchase or refinance your home. We want to ensure you ALWAYS have the perfect loan strategy. We subscribe to wonderful software that tracks multiple aspects of your loan and alerts our team each morning with an email identifying which clients have an opportunity to better their situation. Since the mortgage market changes every day, it is very important to have your loan professionally and consistently managed.

We actively track the details of your loan and the market to ensure that you still have the best mortgage program to compliment your financial goals. If at any point in the future your financial goals or life plan should change, please immediately let us know so we can update our strategy.

Some of the items monitoring your loan on a daily basis are opportunities relating to:

  • Securing lower interest rates
  • Reducing the term of your loan
  • Removal of monthly mortgage insurance
  • Taking advantage of the equity in your home
  • Tracking the estimated property value of your home
  • Monitoring the maturity date of your loan
  • Monitoring the dates your Adjustable Rate Mortgage will adjust
  • New loan programs that may improve your financial position
  • Changes in regulations and the market that may provide value to you

As you know, your loan and financial needs are very specific to you and your family so the more we know about your goals, the better we can cater our software to your needs. If you know your life plan has changed, please let us know as there might be a better option for you. For example, if you now believe you will most likely be moving within the next handful of years, switching over to an Adjustable Rate Mortgage might be a great way for you to save a couple thousand dollars. We can only advise on the things we know, so please keep us well informed.

When an opportunity presents itself, we will immediately reach out and let you know. Since mortgage interest rates are extremely volatile, these opportunities might only last for a couple of hours (or days if we are lucky). Therefore, we strongly encourage you to find time to speak with us when we reach out so we can discuss your opportunity and you can make an informed decision.