The Right Decision Mortgage

Steel Blue 1 Mortgage has designed the Right Decision Mortgage process to make it easier for you to arrive at a mortgage you are happy and comfortable with.  The diagram below is an overview of the process.  There are only three areas for you to concentrate on when choosing a mortgage,  affordability, borrowing power, and getting wealthier.  Each area is described below.  By categorizing each element of the mortgage process into these decision and control factors, you will feel in more control of the process and will arrive at the right decision for you.

Affordability

Being Wealthier

Borrowing Power

While each person’s vision of wealth is different, it is critically important to everyone.  This may be simply having a low payment so more dollars are available for other things.  Yet a Right Decision Mortgage can affect future wealth in profound ways.   For a majority of Americans, home equity remains the largest source of wealth.  Further, an investment in a home can be expected to out perform the stock market and is far less risky.  Let’s discuss how being wealthier for you can be accomplished.

Borrowing power is a combination of many things such as qualifying ratios, qualifying income, disqualifying debt, interest rate, APR, and so on.  Most people can increase their borrowing power immediately by reviewing compensating factors the mortgage industry typically does not ask.  Let us help you plug into your borrowing power both on a short term and long term basis.

To most people affordability is answering the question “can my current personal budget handle the payments?”.  While this is an important question, affordability goes way beyond that question.  With the multitude of loan programs available today, the current and future affordability of a mortgage can vary by many thousands of dollars.  Maybe the bigger question is what kind of home do you want to be able to afford in 5, 10, or 15 years.  The decisions you make now will have a significant impact on your future affordability.

Your Investment & Goals

As you will see in our section “Your Goals Matter”, setting your goals can have significant impact on the selection of your Right Decision Mortgage.  If your home investment is going to out perform the stock market, then great care should be taken in managing it.  Let’s discuss your objectives, regardless of how simple or complex and make sure your mortgage lines up with your plans.

Let’s discuss your important decision and control factors.  The Right Decision Mortgage can be easily identified by going through Steel Blue 1’s process and will yield a great experience.  Give us a call now.