You’ve got a house and you’ve got goals…here’s how one helps the other

Whether or not you’re a big-time goal setter or make resolutions at the beginning of the new year, you likely have a few things in mind that you either want to accomplish or that you know are coming down the pike in your life.

And, I don’t know about your big plans, but for most of us, big plans also cost big bucks, think college tuition, wedding, new house, or retirement. If thinking about your big plans and their big price tags makes you feel a little tight in the chest, this post is for you.

If you are a homeowner, you may not realize all the ways your home and your mortgage advisor – that’s me! 😉 – can help. Below are some examples. Of course, the best way to know for sure what’s the best strategy for your specific goals is for us to chat further, but here are a few ideas to get you thinking:

  1. Goal – To help pay for college tuition

If you’ve got kids heading to college anytime soon, you’re likely familiar with mix of emotions ranging from pride and excitement to dread and worry. As a homeowner, you may be able to refinance your mortgage and use the funds to help pay college tuition at a lower interest rate than student loans charge. Let’s take a look at the numbers and come up with a plan for you.

  1. Goal – To pay down high interest debt

We all can relate to the feeling of opening that first post-holiday-shopping credit card bill. If reducing your high interest debt is a goal for you this year, you home might be able to help. Let’s explore a cash-out refinance for you. Not only will you likely be able to reduce your interest rates, but you’ll consolidate your bills under one ‘roof’ (pun intended).

  1. Goal – To prepare for retirement

If retirement is on the horizon for you in the next couple of years, yet you’re not quite sure how you’re going to pay for it, I might be able to help. I’ve seen first-hand how great today’s reverse mortgages can be for homeowners at or nearing retirement. I’d love to help you explore your options too. If you want to read a few of my client’s stories, see them here.

So, I encourage you to think about your goals for the year. What are you financial goals? Where would you like to see yourself this time next year? I challenge you to take some time to jot down your thoughts. There’s lots of power in writing them down.

Next, reach out and share your goals. I’d love to hear them and help guide you toward success. I’m happy to help! Reach out anytime.