 | ||||||||||
 |
|
|||||||||
  For many years, Americans have treated financial planning and mortgage planning as separate and distinct disciplines. This separation is unusual when you consider that, for most of us, our home is our largest single asset, one that may be used to help achieve other critical financial goals.
The need for financial advice and planning is growing as people
increasingly use home equity to cover large expenses, restructure and reduce
debt, provide an available credit line, and manage tax liabilities*. Also, if
you have ever dreamed of owning a second home or investment property, a
well-designed financial plan and mortgage solution could make it a reality.
At AIG Bank, we believe that innovative and prudent mortgage planning is an important financial tool. As your independent financial advisor, I will work with you to integrate the competitive, high quality mortgage and home equity solutions from AIG Bank into your overall financial plan. Contact me today to get personal, professional help with one of your most important financial decisions -- from a financial advisor you can trust. |
||||||||||
 
Initial purchase financing Among the key decisions you must make with any new mortgage are the amount of time you will take to pay back the mortgage, as well as whether to choose a fixed- or adjustable rate mortgage. 
Many homebuyers today choose 15-year or 30-year mortgages without an understanding of other products that are available.
For homebuyers who want the lowest possible initial monthly payment, an adjustable rate mortgage is often the best choice. However, in receiving this initially low payment, you accept that your payment may increase in the future.
Understanding your total financial picture, your financial advisor, along with an AIG Bank Mortgage Specialist, is in a unique position to help you determine the type of mortgage that’s best for you.**
Refinancing As interest rates fluctuate, many homeowners choose to refinance their mortgages. The method of refinancing you choose could have a big impact on your long-term finances. If you are looking to lower your monthly payments, simply replacing your current mortgage with a new, lower rate mortgage can make sense. However, a financial advisor can help you determine the right move based on the cost of taking out a new mortgage. You’ll want to compare what the term (length) will do to your overall financial picture. Additionally, if you’re looking to take cash out, you need to understand the long-term costs. *Consult your tax advisor regarding the deductibility of interest. **Your financial advisor is affiliated with an AIG broker dealer company as well as AIG Bank. If you choose to use AIG Bank for your mortgage financing needs, the Bank will compensate your financial advisor. Accepting advice from your financial advisor does not obligate you to obtain financing from AIG Bank AIGB06.CL.WS.01
|
||||||||||
AIG Bank, an equal housing lender and member FDIC, is a wholly owned subsidiary of American International Group, Inc., the world’s leading international insurance and financial services organization, with operations in approximately 130 countries and jurisdictions. AIG broker dealer companies are wholly owned subsidiaries of American International Group, Inc.
|