One of the most satisfying things in my business is receiving a testimonial. I love working with many different clients but what really touches my heart is working with clients where I can impact their lives, where I can use my expertise to restructure their debts to lower their monthly payments and assist with a financial plan moving forward. Here I am reading a lovely testimonial!
I had clients recently where they went from living paycheque to paycheque to being able to save money each month. Their situation was as follows: existing mortgage of $372,000 with payments of $1,700 per month +$ 75,000 loans/credit cards with monthly payments of $2,304 per month. Total mortgage and other debts $447,000 with payments of $4,004 per month. New mortgage $472,000 with payments of $2,230 and savings of $1,609 per month.
Clients were then able to start contributing to a RESP for their children’s education and contribute to a RRSP. The most important step was we set up a savings plan so they could pay off their credit cards in full each month. Once you start saving, it really motivates you to continue growing your savings and being aware of where you are wasting money. It is a very cool game you play with just you!
Testimonial; I can’t thank you enough for all of the work you did to re-finance our mortgage. I’m convinced the re-financing you suggested and the high interest debt that I no longer have is going to give us a lot of freedom to build up savings. We really appreciate the effort and hard work you did on it for us. Thanks again Chris
Colleen Saunders is a 20 year veteran in the mortgage industry, serving Oakville, Burlington, Mississauga and Toronto and offering all mortgage related services such as 2nd mortgages, private mortgages and more.
To contact Colleen, please fill out the form on www.mortgagesbycolleen.ca or call 416-459-2406