The Mortgage Planners

10636 Scripps Summit Court | Suite 130

San Diego, CA 92131

Phone: 619.312.0612

Fax: 619.615.2055

The Mortgage Planners are a full service mortgage lender based in San Diego, California and

have been helping clients with home loans since 2003. They have Mortgage Banking and Broker

channels available to their clients to help with purchase, refinance, and reverse mortgages. The

Mortgage Planners are affiliated with West Coast Mortgage, a local Direct Lender in San Diego

for the past 15 years. The benefits of being a direct lender include controlling the loan

documents and funding of the loan, more competitive interest rates and fees, and quicker

underwriting time periods.

Ask questions and listen to our clients in order to fully understand their needs

Create mortgage solutions that complement our client's overall financial strategy, and allow them to

effectively accomplish their short and long term financial goals

Be sensitive to the fears that many homebuyers have about obtaining a mortgage loan and earn their

confidence as a trusted advisor

Use the latest technology to complement our customer service, making adjustments when necessary to

avoid overwhelming our clients who are less technically proficient

Respect our client's time and minimize the amount of effort required of them by applying our

knowledge, experience, and resourcefulness

Communicate regularly and proactively with our clients to keep them informed of the status of their loan

and to reduce the stress associated with uncertainty

Ensure smooth, on time closings with anticipated costs and terms

Provide our clients the luxury of home loans in the future with minimal effort on their part

Take full responsibility for our actions and be honest at all times

Seek to improve the quality of service we provide by encouraging each client to critically evaluate our

performance

Strive to honor God in all that we do

The Mortgage Planners

10636 Scripps Summit Court | Suite 130

San Diego, CA 92131

Phone: 619.312.0612

Fax: 619.615.2055

A Wise Way To Afford A Shelter

Every person has his own needs, situation, and

financial status. Finding the right home loan

depends on those aspects and that is why it is

important for a person to focus on his personal

preferences when shopping for one. Not all of

us are blessed with wealth and are able to buy a

house outright since this can put us in a risky

status. Purchasing a single need and using most

of our money in it is not wise. We need financial

aid to obtain some of our essential needs. We

must also keep in mind that investing in a

shelter is profitable because unlike cars, it does

not depreciate over time as long as it is situated

in a convenient location.

It can be very hard at first and you need to be

tight in our budget to pay off your mortgage but

once you are done, you will gain so many

benefits and advantages of having your own

abode. Being in your own comfort zone

provides you with peace of mind especially if

you are starting a new life with your family.

There are so many good things to earn once you

get approved for a loan. Read on and

understand more about it.

Know the types of home loans:

Fixed rate – If you are worried about

the rising interest rates, fixing your rate

is good for you since the rate remains

through the term of the loan.

Variable rate – As its name imply, you

have the option for this one. You will be

able to attain flexibility in your

payments.

What is LVR or Loan to Property Value Ratio?

- This is the portion that you will borrow

of the total value of the property that is

used as a bond for the loan.

Ways to apply:

Complete an application online.

You can personally visit the main office.

You can contact an agent and he can

come to you to help you process your

application.

Over the phone.

Your bank will offer it and process it for

you as long as you earn a certain

amount that they like.

Once you have made a decision on which firm

to sign a contract with, know all the

requirements that you need and prepare them

all. To make this investment cost-effective,

make sure that you choose the right property.

Consider the location of the house, the

durability of the structure, the water system,

and you can hire a professional who knows how

to determine if the property is in a good

condition and has a right price. Be wise when

making decisions in this project so that you will

see the value of your cash.

The Mortgage Planners

10636 Scripps Summit Court | Suite 130

San Diego, CA 92131

Phone: 619.312.0612

Fax: 619.615.2055

Choosing The Right Mortgage Broker

If you plan to purchase your own home, you will

have to consider financing. The best way to

attain this is by getting a mortgage broker to

assist you with the whole process. They will

look for possible loans that would work for your

needs and preference. But before you think

about that, you need to find first a reputable

broker that could aid you in finding the perfect

abode for your family.

GET TO KNOW THE AGENT

Brokers are independent professionals who are

not connected with any particular bank or

lender. However, they can contact various

lenders in your locality and they can come up

with the best rates. If you will work with them,

there will be many benefits that you can gain

from them. You will have many options that you

do not ordinarily get with a lender.

Mortgage brokers are the people that you

should talk to should you decide to get a loan

for your dream home. There are many agents in

the market, but don’t hastily decide and pick

any of them to work for you. You have to be

careful when you make decisions such as this.

Don’t rush, but give it time and you will find the

best one whom you can work with.

The brokers should be expert in this kind of

field. If they are not, they will not be able to

give you the best deal that you aim to have. It

would help if they could give a reference about

their previous clients. You can contact the

clients and ask for feedbacks about the agent

that will be working with you. You can also ask

for recommendation from your relatives and

friends who have tried their services.

The role of mortgage brokers is not to force you

into a specific loan. Those who do this are more

focused on the profit that they can earn and not

the interest of their clients. Their job is to

inform their clients about their situation and

they could also give suggestions on what loan

option will work best for their situation. They

will present to you various kinds of financing,

the mode of payment, interest rates, and terms.

As the client, it is your responsibility to weigh

your options to ensure that you will get the

right choice.

Brokers are also responsible for your

documents. They will be one who will submit it

to the lending firm. Most of the transactions

will be done by them. Also, they will assist you

with the process particularly with the paper

works which can be tedious to do.

Finding the right mortgage broker can be a

tough job to do. Just make sure that they are

certified to work in your area to ensure that

they are competent and can be trusted.

The Mortgage Planners

10636 Scripps Summit Court | Suite 130

San Diego, CA 92131

Phone: 619.312.0612

Fax: 619.615.2055

Helpful pointers on How to Choose a Mortgage Broker

A mortgage broker is an individual who acts as a

bridge between a client and financing

institutions who offer monetary assistance.

They also act as an as a guide for men and

women who are interested in availing a loan.

Most of the time, these professionals are found

in working banks and investment agencies, but

there are a couple of them who work as a free

lancer.

The task in searching for a good mortgage

broker is considered to be a complicated one

due to the fact that there are so many of them

in the market these days. On the other hand,

there are a couple of things people can do in

order to make their search a whole lot easier.

Find below are a couple of tips and pointers to

do this:

1. Meet them in person.

Keep in mind that these individuals, unless you

know them beforehand, are practically

strangers. Whether we like it or not, there are a

number of persons who would often times act

as broker agents in order to get money from

innocent people. In relation to this, it is going to

be very wise to meet a prospective dealer face-

to-face so as to minimize the chances of getting

hoaxed. In addition to this, you can easily ask

for these individuals a proof that they are

indeed licensed to sell loans.

2. Get referrals from friends and family

members.

In order to avoid getting involved in a sham, it is

going to be best to ask for advices first. And

who could be the best persons to ask for some

other than your close friends and members of

the family. Apart from these people, you can

also seek help from lawyers.

3. Ask some questions.

It is better to seek enlightenment on matters

you do not know in comparison to pretending

that you know everything. When choosing for

an agent, imposing inquiries to them is rather

essential since it can help you decide whether

the person is knowledgeable in his or her field

of work. In order to be more prepared, it is

going to be better to list down the questions

you might want to ask.

4. Experience matters.

When selecting a dealer, his or her experience

should be one of the first things to look into.

The reason as to why this is important is

because you are going to be able to determine

his or her capacity to look for purchase loans

that are most suitable for your needs and

limitations.