The Mortgage Planning Resource Blog (MPRB)

Welcome to the new Mortgage Planning Resource Blog (MPRB) for short.  This is my first attempt at anything even close to a Blog but my hope is that together we can create one of the best mortgage, real estate and over all financial resource blogs available.  For now I think I'll just let this blog evolve and see where it goes but my hopes are that we can use this tool to properly educate and enlighten the general public.

Here are some facts about the financial state of our country and this should give some clue as to why Mortgage Planning is so important.

• Over 70% of retired persons are living on less than $10,000 a year in income.
• 78% of Americans are 90 days from bankruptcy (under old laws a chapter 7 was possible but today a 13 is more likely)  They are living paycheck to paycheck
• We average a -2% savings rate
• The average US credit score is a pitiful 672 (pays bills on time but mismanages and over spends on credit)
• The average american has 16 credit cards and is over $12,000 in debt on credit cards

Now, given the fact that a mortgage is often times a persons largest debt tied to the largest asset they own, wouldn't it make sense to have it properly managed?  Well, if you ask me the answer is yes.

While we are on this topic it's important for you all to know that the State of Virginia is one of MANY states that does NOT require any form of individual licensing to become a mortgage professional.  Given that statistics I have just illustrated I think it's obvious to to see why this many be a problem.  Please take time to read and inform yourself as to who you are talking to and what their qualifications are.  As this industry has seen a vast amount of change over the recent weeks, it's more imperative then ever that you, your family and friends get the advice they deserve.  For more infomation on what is happening in todays mortgage market, please explore the rest of my website as I have designed it to be a source of information first and a business generation tool second.

Thank you for taking the time to sign up for the new MPRB!

Regards,

Andrew Zemon, CMPS