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A majority of people think that the most important and complicated stage of the mortgage process is the underwriting stage, where the loan is actually approved or denied. In reality, the most important stage is actually the planning stage. One of the things that Affiliated Financial Group, as well as myself personally, really take pride in is the additional steps we take with you in the beginning, to not only ensure a smooth & painless underwriting process, but to also make sure that the loan you are receiving truly compliments your future plans, tolerance to risk, and even tax planning strategies. Unfortunately, most lenders in the industry don’t formulate an actual plan based on your needs, they merely take an application. Think about it this way: When you take a road trip, you obviously know where you want to go, but may not know how to get there, how much it will cost you, or how long it will take. Plus, you may not know the benefits of going one way versus the other – one way may take longer, but is actually shorter in distance, one may be quicker, but with more traffic. The mortgage process is similar – everyone knows they want to finance a property. Our mission is to not only get you there, but to do so with the financing terms that best support the other facets of your financial goals and plans.
When this process is completed more than once, or in anticipation for a future transaction, we then call it 'Strategic Lending'. Both concepts basically aim to provide you with the ultimate solution for your borrowing needs now, without negatively impacting any other or future plans to borrow, invest, or save.