Tag Archive | "Bankruptcy"

Blog, Financial Safety, Mortgage, Refinancing, Wealth Building

Don’t be like that guy!17 Feb

WARNING: This a graphic story of the financial destruction of an otherwise financially successful man. Here’s a secret for you – your credit score will go down every time you do something that people did previously just prior to defaulting on their debts.  The credit scoring model is trying to predict the likelihood of you going [...]
Blog, Financial Safety, Mortgage, Refinancing

Understand how your credit score is determined02 Feb

1.       Do you pay your bills on time? The answer to this question is very important. If you have paid bills late, have had an account referred to a collection agency, or have ever declared bankruptcy, this history will show up in your credit report. 2.       What is your outstanding debt? If the amount you owe [...]

About

My first profession was an F-16 pilot with the United States Air Force followed by short stint as a commercial airline pilot with US Airways.  As a pilot, I honed my ability to stay focused on “the mission” while adjusting to unplanned circumstances like bad weather, equipment problems, and even enemy aircraft.  This ability serves me well as a Certified Mortgage Planning Specialist (CMPS).

Speaking as a former airline pilot, a long flight resembles a mortgage: you should start with a destination in mind, a plan for how to arrive there, and adjust your course along the way.  With a mortgage, the destination is paying off the loan and living in the right home.  You make course corrections by paying extra on the mortgage, using a home equity line or refinancing.

In a long flight, however, missing one simple thing at the beginning, like checking the oil level in the engines, or setting the heading wrong by even just one degree, could have disastrous consequences later on. Same with a mortgage.

I had big ambitions when I started my mortgage company (and still have them). I envisioned a company that would help homebuyers develop an integrated mortgage strategy that would lead to financial clarity, and a plan that would help them increase their financial security, minimize their tax obligations, and increase their net worth over time.

Read more about Tom Tousignant . . .

Contact Us

Tom Tousignant, CMPS
704-541-1171 Office
866-835-7153 Fax
Tom@StartWithTheHouse.com

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