Home : Blogs : Brian Brady- America's VA Home Loan Broker : America's #1 Mortgage Broker

Independence Is About Having Options

We define "Mortgage Independence Day" differently than your parents or grandparents did. Rather than having your loan paid in full, we prefer to identify "Mortgage Independence Day" as the day when you have enough money , IN A SEPARATE ACCOUNT, to pay off the home loan...IF THAT IS WHAT YOU CHOOSE TO DO. We think that lots of cash in the bank (or investments) is the ultimate form of independence.

It appears that our mantra of equity splitting and investing for your future is catching on. The New York Times ran an article about Baby Boomers who are rejecting the traditional Boomer Economics model for our Asset Optimization Strategy.

CLICK HERE FOR THE FULL STORY AND NEW YORK TIMES ARTICLE

Posted by Brian Brady- America's VA Home Loan Broker on 07/03/2007 11:09 AM

Comments (5)

Originally posted at: America's #1 Mortgage Broker: Independence Is About Having Options

This post has been included in California Information Los Angeles County, CA Information Long Beach, CA Information

5 Comments on Independence Is About Having Options

JUL

2007

Back in the dark days of Jimmy Carter, I had an 8% mortgage. Mortgage rates in 1981 were sky high and the bank tried desparately to get me to refinance out of that loan. I belive I got the last 8% loan around in 1976. As soon as Carter got in office, rates skyrocketed.

The bank offered to refinance me to a 4.5% loan if I would agree to reduce to term to a 15 year am.

I would have taken them up on it if I had been planning on keeping that property.

Interesting.

Brian - Great point - and tangentially - I heard that the wire arrived in the appropriate account yesterday. Seems like another win-win for Buyer and Seller courtesy of America's Most Opinionated Mortgage Broker ! Thanks for all your stellar efforts on this transaction!