Tuesday, September 19, 2006

Why have a Mortgage Coach

Author: Harry Bozin

Why have a Mortgage Coach

""To succeed you need to find something to hold onto, something to motivate you, something to inspire you.""

-Tony Dorsett -

Planning for and achieving a goal can sometimes be difficult. This is especially true of something that may be unfamiliar - like learning about and changing over to a new mortgage. However, let us assure you our tried and tested formula for success will make it a breeze for you to get the right mortgage.

One of the cornerstones of how we do this is having the Mortgage Coach to help you. The importance of having a good Mortgage Coach dawned on us when we remembered the good old days when you had one person in the bank that handled all your money needs, these used to be called 'Bank Managers', remember the guys that used to meet you at the door and knew you by your first name and took you into their office, offered you a cup of tea and knew everything about you - in some cases even the name of your dog Rex! Boy haven't things changed; now we have a 'Relationship Manager' who we have no relationship with.

That's when we discovered the massive change in banking that has occurred since deregulation over the last ten years. Mortgage Brokers were born. All of a sudden we had professionals come into our homes on our time tables, not only offering a deal from one bank, but multiple offerings from banks and non-conforming lenders. The Mortgage Coach's found...

...the biggest challenge we had was helping customers overcome their fear of not getting the right loan product.

You see, Mortgage Broking has changed banking, in particular applying for that all important mortgage forever. A lot has changed in banking since the old 'traditional' mortgage. The kind that makes you feel safe at night because you don't have to think about it. In the past, income goes into a savings account, your lender withdraws the repayments automatically and you never have to do anything - except make sure you keep working for the next 30 years to meet the loan repayments.

However, once a Mortgage Coach shows you how the process works and the simple steps needed to achieve your goal of reducing that mortgage faster, you will be amazed at how much time and money you'll save.

You could say it was like having a 'personal trainer', except we help people take charge of their home loans with mortgage coaches making sure they stay on track with their plans.

Where Can You Get A Coach?

That's easy, just go to our website! - www.mortgagecoach.com.au

That's where you will find a set of comprehensive online tools to help you get your mortgage fast.

Where Else Can You Get A Coach?

For many people, having a 'physical' coach in addition to the information and tools we give you is a great help. If this is something that appeals to you, then you may want to explore the services of the following professionals:

? Accountants

? Financial Advisors

What will it cost me to use our Mortgage Coach?

A Mortgage Coach only receives numeration from a bank when a deal is completed. As a result it's in the Mortgage Coach's best interest to help you along the way, do all of the running around and assist you with reaching the point where you have gained enough knowledge so that you can choose the loan that suits you. It's as easy as going to www.mortgagecoach.com.au and taking a minute to fill in the simple form. We have coaches throughout Australia waiting to talk with you now.

It's an all round WIN-WIN situation for everyone.

Therefore, you're Accountant or Financial Advisor may be a good starting point, any valuable professional by your side looking after your best interests, is always a valuable asset. Direct them to our website so they too can take advantage of this fast online service. Having a professional working by your side will assist you in achieving your long term financial goals.

""The future belongs to those that believe in the beauty of their dreams.""

- Eleanor Roosevelt -

Mortgage Coach

The correct loan is one of the most important tools you will need if you want to be wealthy.

However, because of the hundreds of loan products now available, finding the right loan can be rather daunting. In order to get the right product we strongly recommend that you develop a relationship with a Mortgage Coach.

The key to achieving your financial goals is getting the right advice. This isn't always easy and that's why it works to have a professional on your team who really understands the in's and out's of mortgages. Finding the right person for your financial needs, someone you can trust and recommend to your family and friends will prove to be the key to achieving your financial goals.

The value of having a skilled professional working by your side is that they save you time and effort with your best interest in mind.

BEWARE - DANGER - DON'T GET RIPPED OFF

Hot Tip - Mortgage Coach

You may come across people who call themselves ""Mortgage Reduction Specialists."" We've found that their services usually start around $995 for a simple mortgage reduction plan and may go as high as $5,000.

If you decide to use such a consultant, our advice is to:

1. Make sure they are not salesmen 'in disguise' and that they have a total understanding of all mortgage concepts - especially how to best set up a Combination Loan to save you the maximum amount of interest possible.

2. Make sure they don't try to turn the whole process into rocket science and that they can clearly justify their recommendations with clear explanations.

3. Make sure they give you some sort of management system so you can self manage your mortgage reduction plan.

4. Make sure they will follow up on your progress every month for at least 12 months from the time your plan and new loan is in place.

5. Make sure they will be available for personal consultation whenever you need them for the duration of the contract period (usually 12 months).

6. Make sure they are accredited by the MIAA (Mortgage Industry Association of Australia)

Let The Games Begin - Start Your Wealth Journey Now!

Most of us have come to loathe the terms 'planning' and 'goal setting' because they remind us too much of all the New Year's resolutions that went unfulfilled. This is unfortunate because such continual disappointment has led many people to shy away from creating their lives according to their dreams. We must point out this is not entirely our fault because we have never been given a proper framework with which to clearly plan for, and systematically achieve a goal. This was certainly not taught at any school we know!

Well, as far as your mortgage goes, all that is about to change because we will coach you through your system to plan for your own wealth creating plan.

So, assuming you have decided on a coach, you will learn the fundamental workings of our mortgage coach by clicking here.

""You must know the difference between Good Debt and Bad Debt - Rich Dad' From the Book Title (Guide to Becoming Rich) By Robert T. Kiyosaki & Sharon L. Lecther

About the author: Harry Bozin's forte is mentoring and business coaching. Over the years, he has consulted to a wide variety of business and community groups in delivering a range of strategic and coaching solutions to help them succeed in achieving their goals. Harry Bozin is the CEO of Mortgage Coach and can be contacted through the following email address:support@mortgagecoach.com.au

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