You may have heard the term DTI thrown around from time to time, especially when getting a home loan, but do you really know what it means? More importantly, do you know how it can impact your financial situation? Today Grant takes just a minute to explain DTI, how to calculate it, and what it can mean for you when you try to secure a loan. -------- Check us out at https://stewardship.pro Facebook: https://www.facebook.com/stewardship.pro/ Twitter: https://twitter.com/stewardship_pro/ Instagram: https://www.instagram.com/stewardship.pro/ LinkedIn: https://www.linkedin.com/company/stewardshippro/ Paper Image by rawpixel.com on Freepik #OneMinuteMoneyTip #shorts ... https://www.youtube.com/watch?v=riCbsJMXLRY

When you refinance, should you use a bank? Credit Union? Online mortgage company? If you ask any financial expert, they will probably tell you to use a Local Mortgage Broker. Local means that they know the local real estate market and will be available to get to know you, your goals, and your needs. Broker means that they are not stuck using just one lender. They can shop different options, based on your scenario and they can get you the best rates and the best combination of fees possible! We have a playlist all about mortgages and home loans here: https://youtube.com/playlist?list=PLyUO1u7sEjFLwVfUvRnedQf2pDB493jtU If you are in Arizona and want to work with us on your next home loan, schedule an appointment here: https://stewardship.pro/mortgage-refinance/ -------- Check us out at https://stewardship.pro Facebook: https://www.facebook.com/stewardship.pro/ Twitter: https://twitter.com/stewardship_pro/ Instagram: https://www.instagram.com/stewardship.pro/ LinkedIn: https://www.linkedin.com/company/stewardshippro/ #OneMinuteMoneyTip #shorts #stewardshipmortgage ... https://www.youtube.com/watch?v=xh7V2U1cbWI

Having your house paid off is a worthy goal and can provide some real peace of mind, but mathematically, it's not the best use of your money. In today's video, Grant lets us in on the secret to how you can have both peace of mind and the financial benefits of investing long term. The plan goes like this: Open a non-qualified investment account and make regular deposits. As your balance grows, the interest rate of return eventually gets to the point that the monthly dividends are enough to pay the mortgage payment. The key here is to have a plan for your finances. It's vital to be aware of your monthly expenses and your monthly income - and anytime the income is higher than the expenses put that difference into the account. Develop a habit of saving and that money can then go to work for you. Part of the magic is that rates of return on these investment accounts are so much higher than current mortgage interest rates in 2021 that the balance on this account will keep growing, even as the mortgage payment comes out of it. This is the method that gives you both peace of mind and those great investment returns. To start your own account with Stewardship check out https://stewardship.pro/investment-management/ -------- Facebook: https://www.facebook.com/stewardship.pro/ Twitter: https://twitter.com/stewardship_pro/ Instagram: https://www.instagram.com/stewardship.pro/ LinkedIn: https://www.linkedin.com/company/stewardshippro/ ... https://www.youtube.com/watch?v=w_LW8_-MO9Q

Becoming a millionaire has never been simpler! Today, Grant lays out the 6 simple steps you can take to have a million dollars. This process is not easy. It takes discipline, hard work, and determination. It's not for everyone - but it can be done, simply. Follow these 6 steps and your finances will be in great shape. Our blog goes into further detail on these steps: https://stewardship.pro/2020/02/11/6-steps-to-become-a-millionaire/ We made a video about lattes you can watch here: https://www.youtube.com/watch?v=YsanQR0eqqk -------- Check us out at https://stewardship.pro Facebook: https://www.facebook.com/stewardship.pro/ Twitter: https://twitter.com/stewardship_pro/ Instagram: https://www.instagram.com/stewardship.pro/ LinkedIn: https://www.linkedin.com/company/stewardshippro/ ... https://www.youtube.com/watch?v=o-PKJSVAVTc