- Name
- Brent Sute, LWC
- Company
- Henger Rast Mortgage
- E-mail
- Contact Brent Sute, LWC (Henger Rast Mortgage)
- Website
- http://www.BrentSute.com
- Office Phone
- (205) 752-7004 x 174
- Cell Phone
- (205) 310-2335
- Alt. Phone
- (888) 661-4762
- Fax
- (205) 752-7007
- Address
- 1800 McFarland Blvd. N., Suite 200, Tuscaloosa, AL, 35406
- Description
- I offer affordable and sustainable mortgage financing that fits into my clients' overall financial plan.
The Sute Mortgage Planning Team
Our Purpose:
To provide peace of mind to our clients by assisting them in making informed decisions about their finances. We help our clients in achieving their homeownership dreams while reaching their overall long and short-term financial goals. In essence, we provide our clients with a roadmap that will bridge the gap between their dreams and reality.
Our Core Values:
We will be the champions of fiscal literacy and consumer education.
We will help our clients realize their homeownership dreams by whole-heartedly recommending the mortgage plan that best suits their needs.
We will be sensitive to the emotional needs of our clients and ease the fear and stress of
obtaining a mortgage by pro-actively communicating with them throughout the loan process.
We will strive for smooth, on-time closings at the terms discussed with our clients.
We will judge our performance based on the number of referrals we receive from clients and strategic partners.
We will help you identify your financial dreams, propose a mortgage solution that will assist you in achieving your dreams, and refer you to one of our team of financial professionals to help you implement a plan to reach your goals. Members of our team include financial advisors, insurance specialists, estate planning attorneys, and CPA's.
As a result of this commitment to excellent service and the needs of our clients', Brent's team has experienced tremendous growth generated exclusively through referrals from clients, realtors, builders, and other professionals.
Brent Sute is a native of Foley, AL and graduated from the University of Alabama with a degree in Family Financial Planning and Counseling. Brent has continued his education through programs such as Alabama Banking School, Certified Mortgage Planning Institute, Todd Duncan's High Trust Academy for Mortgage Professionals, and through networking and mentoring with other professionals from around the country. Brent is on the board of directors of Lenders Who Care, a national organization of lenders who promote positive change in the mortgage industry and affordable home ownership.
Brent and his wife Kellie are blessed with 5 wonderful children and attend Trinity Presbyterian Church where Brent is a deacon.
Areas of Expertise
The Sute Mortgage Planning Team specializes in mortgage planning services for middle income families in Alabama. We assist many clients with the financing of their first home. We also help seasoned homeowners plan their mortgage around their overall finances. We start our consultation by exploring the needs and dreams of our clients and build a debt strategy around those needs and dreams. We help people find ways to put their kids in college, retire on time, buy a second home, or take care of an eldery parent. Our business is built entirely upon referrals.
Our Specialties:
- First Time Home Buyers
- Move Up Buyers
- FHA and VA Specialist
- Alabama Housing Finance Authority Specialist
- Energy Efficient Mortgages
- Debt Restructuring and Elimination
Case Studies
Mr. and Mrs. Johnson were referred to me by a realtor AFTER they had relocated to Tuscaloosa. Mr. Johnson was a manager for a large retail store in Tuscaloosa. His company arranged his home financing and offered to pay his closing costs. After looking at his closing documents it was apparent that the lender likely waived the closing costs and charged a much higher interest rate than normal. Also, the loan had a 15 year term and the payment was extremely high. We refinanced Mr. and Mrs. Johnson on a 30 Year Fixed rate with a 10 year interest only option with no closing costs. His rate was lowered by 1.5% and his payment came down nearly $700 per month. We took this $700 and used it to pay off some credit cards in a matter of months and also supplemented his savings. I recommended that the Johnson's invest his $30,000 annual bonus with a financial advisor instead of paying down his mortgage. Six months later Mr. Johnson lost his job. He was extremely thankful that he had access to the $30,000 in savings as well as the $700 per month lower house payment. Our mortgage planning possibly saved the Johnson's from losing their home and possibly filing bankruptcy.
Mr. Brownlee was referred to us by a realtor. He was looking to purchase a new home. He had spoken with a mortgage broker the month before who convinced him to refinance his home and pay off his debts. The broker said it would improve his chances to qualify. This was very bad advice. Mr. Brownlee's new loan had a rate of 8.5% with a 3 year pre-payment penalty. HIS CREDIT SCORES WERE NEARLY 700!. He decided to stay in his home and we refinanced him even though he had to pay over $5,000 in a pre-payment penalty. He will save $300 per month with a very low interest rate.
Mr. George never imagined he could qualify for a home. He rented a house that was falling apart and had snakes coming up through the holes in the floor. We found a way to qualify him and he received a rate of 5.375% for 30 years, a payment the same amount as his rent, and a brand new home with no snakes!
We have helped countless first time homebuyers finance the home of their dreams when they never thought it was possible. Our bread and butter tool for helping these clients is the AHFA First Step Program. The rate is below market and the program allows you to finance your down payment, as well as closing costs.
