Consolidate Your Mortgage to Save Money

When I think back, I often have fond memories of my Grandpa Tellinghuisen.  He was a guy, like most of our grandparents, who’s background was from the Great Depression.  He grew up with 15 brothers and sisters and so things definitely did not come easy.  He learned how to do a lot of things on his own through experience.  One of the trades he picked up on and became very good at was carpentry.  Growing up I remember him always looking around our house when he and my grandma came to visit and he would start knocking on walls, drilling small little holes just to see if it was hollow back there with any substantial room behind.  He would take every conceivable space that the original builder hadn’t used and he would cut into it and make an extra shelf or storage cabinet.  He would also do things like this with his own home and their motor home that they did all their retirement traveling in.  To see how he’d install extra cabinets and pull out drawers in that house on wheels for extra efficiency was amazing!!  He truly had a knack for consolidating and making the absolute best use of any space. Just as my grandpa was great at space consolidation, I wonder how many of us are just as efficient with our finances?  This is a question I always have to take a hard look at – Especially in these times with our economy in it’s current condition.  Don’t get me wrong!  This is still the best place on earth to live.  I just wonder if we can always adjust or tweak our financial status to benefit our future a little better. To constantly reassess our financial strategy.  Do you realize that as I help most people accomplish their dreams of home ownership or refinance options that they end up saving $200 – $500 a month?  With that kind of savings per month one could look at a Net Tangible Benefit of  $2,400 – $6,000 a year!!  To some that is a hefty pay raise.  Or come to think of it, how many of us actually get a pay raise like that every year??  Not too many that I can think of.  Going a step further, wouldn’t it be wise to take that saving and put toward a higher rate of return?  With that kind of extra money you could consult your financial advisor and see what options are available.  These are just some of the ideas that come to mind when it comes to your finances and mine.  If you are, then you’re making the best use of them.  Kind of like space consolidation.

Green House Mortgage – It Pays to Go Green!