Your goal should be to lower your payments.

Summary

Enhance Your Cash Flow: James Loewen's Expert Strategies for Optimizing Credit and Reducing Payments. Learn how to unlock the potential of your mortgage, integrate car loans, and lower your monthly expenses. Get a custom report to start thriving financially. Smarter, Not Harder.

Transcript

James Loewen:

All right, hey, guys. Welcome back. Today, we're going to talk a little bit about some flow, some cash flow, and what I think is one of the biggest issues that you're going to be finding right now. If you're looking at locking in, looking at fixed rates, they're probably the same, if not higher than your existing variable. So if your rate's going to be the same or higher, is it going to free up any cash every month? Probably not, so that's why we're going to be changing the strategy. Let's talk about ways where we can free up over $1,000 a month on average for our clients and get you in a much better place.

I'm James Loewen. Let's get your cash flow actually growing. This is Smarter, Not Harder.

Okay, so let's talk about a common scenario that you might find yourself in or maybe your friends and family. You took a mortgage over the last few years. Prime was extremely low, and you had a discount from prime. Fast-forward to today, your rate has maybe gone up double or even tripled and, of course, your payment has gone up with that. You may have also added in maybe a car, a loan, or a lease, maybe even a child. And as much as I love my kids, they are, of course, time and money vampires.

But there is a solution and it might not be locking in your rate. That's not going to really change your payment. It might make it even higher. What we're talking about is optimizing your credit with a debt restructuring. We do this all the time.

The option or an opportunity here is we can take a car payment that might be six, seven, $800. For each $10,000 we add to your mortgage, it's only going to increase your mortgage by a whopping 50 bucks. So if you have a $40,000 car payment, that's only going to increase your mortgage, maybe 200 bucks? If we get rid of an $800 payment, there's $600 available.

Further, we can even reamortize your mortgage. So if you took an amortization a few years ago, 18 years or 15 years because your rate was nice and low, and now, your payment's higher, well, it's okay. We can reamortize. We can extend it back out 25 even up to 30 years. Oftentimes, we're rolling in car loans and even leases into a mortgage at keeping the mortgage payment the same or even lowering it. Crazy, I know. That's why I love what I do.

Guys, I'm James Loewen. Let's get your cash flow going for you and I want you to reach out. This is my ask to you is don't think you're committing to us. Don't ever think you're wasting our time. Hear that often and I want you to know that we love what we do. We love working with you. You're going to be in the information gathering stage. We're going to do a custom report, simply outlining what you're paying right now and what you could be paying and then you can decide from there.

All right? I'm James Loewen. Look forward to hearing from you. This is Smarter, Not Harder.