Shelley Puentes

About Me:

The mortgage planning process is different than the typical "shopping for a mortgage"

experience.

The typical loan officer relationship is not about you:

Wasting your valuable time trying to save $25/month by comparing rates, fees and closing costs among different lenders.

Wasting your valuable time trying to baby-sit the mortgage company you've reluctantly chosen to work with.

Being promised one thing and then getting something different.

Being "sold" on one mortgage product over another.

The mortgage planning relationship is about you:

Receiving valuable financial advice and guidance that can literally save you hundreds of thousands of dollars.

Trusting a professional who is committed, qualified and equipped to deliver what they promise.

Experiencing a "concierge" level of service when you are in the market to buy a home,

refinance your mortgage or make cash flow changes to enhance your lifestyle.

Implementing a defined financial plan of action in helping you achieve your life goals and dreams.

Maintaining an ongoing high trust relationship with a team of financial advisors who can help you make necessary changes in your debt, cash flow and home equity planning strategies.

This is a relationship, not just a transaction. As such, it requires a defined system of accountability in order to work effectively. The Mortgage Planning Process consists of the following five steps:

1. Establish and define the client-planner relationship.

Mortgage Planner Should:

Ask you for information about your financial situation and your time frame for results and success.

Gather all the necessary documents before giving you the advice you need.

Clearly explain or document the services they will provide to you.

Explain how they will be paid and by whom. Unless you are willing to pay a flat fee for

mortgage and real estate equity advice, mortgage planners are typically compensated

through a commission structure set up with the lenders they work with.

You Should:

Clearly explain how financial decisions are made in your household and include all the

key decision makers in consultations with your mortgage planner.

Be prepared to share personal and financial information with your mortgage planner in

order for them to be able to advise you on how best to achieve your goals.

2. Analyze and evaluate your financial status.

The mortgage planner should analyze your information to assess your current situation and determine what you must do to meet your goals. Depending on what services you have asked for, this could include analyzing your credit situation, real estate equity, debt situation and cash flow.

3. Develop and present mortgage planning recommendations and/or alternatives.

The mortgage planner should offer mortgage planning recommendations that address your goals based on the information you provide.

The mortgage planner should go over the recommendations with you to help you understand them so that you can make informed decisions. The mortgage planner should also listen to your concerns and revise the recommendations as appropriate.

4. Implementing the mortgage planning recommendations.

You and the planner should agree on how the recommendations will be carried out. The mortgage planner may serve as your "coach," coordinating the whole process with you and other professionals such as CPAs, CFP ® professionals, attorneys, Realtors, builders, insurance professionals and other qualified advisors.

5. Monitoring the mortgage planning recommendations through a quarterly or annual mortgage and equity management review.

You and the mortgage planner should agree on how you will both monitor your progress toward achieving your goals. During this review, your mortgage planner can adjust their recommendations, if needed, as your life changes. Most often, this process involves periodic assessment of:

Your fluctuating cash flow needs.

Changing market interest rates and mortgage strategies.

Income and career alterations.

Family changes including:

Children's financial needs.

Caring for elderly parents.

How your real estate equity and investments are performing from both a cash-flow and "internal rate of return" perspective.

Shelley Puentes, CMPS ®

Pacific Mortgage Consultants

Serving Mountain House, Tracy , Bay Area CA

Areas of Expertise

My expertise is in mortgage consultation and coordination of the details that busy buyers don't want to deal with when getting a mortgage. I am skilled in working with people and helping them figure out if it's the right time for them to make a move. I offer a free phone consultation with weekend and evening service.

Testimonials

"Thank you for everything! It's wonderful to work with you Shelley!" Bobbi, Prudential

"Shelley is great! She's on top of her work and has a great personality." Sandy

"Shelley was excellent. Excellent attention to detail. Shelley has a great personality, she's always up!" Gloria

"Thank you Shelley for always taking the time to remember Steve and I. That really means so much. We're looking forward to working with you when we refinance." Angela

"Shelley, thank you so much for organizing and catering the housewarming party for me. I enjoyed seeing you again and showing you my "new home". I appreciate everyting you've done for me and your continued assistance. Rest assured that you are at the top of my list for real estate financing needs and that I will recommend you to friends, family and co-workers." Ryan