The Right Professional....

We are living in difficult times where it’s very hard to trust people….

I spent ten years of my professional career helping families achieve financial security.  As a financial advisor I offered clients solutions for debt elimination, protection and retirement planning.  I was required to obtain several licenses from the Department of Financial Services including a Mortgage Broker license.  With this license, I was able to help hundreds of people either purchase their first home or refinance their existing home to eliminate debt.  

Our underwriters worked diligently when qualifying each client. We were required to be in compliance at all times and to provide full documentation to properly qualify every borrower.  As the financial expert, there were many times where I advised my clients it was not in their best interest to refinance or purchase a new home.   We prevented financial disaster by thoroughly analyzing income, consumer debt and assets.  It was the right thing to do….

It is very sad to see, in the news, how Bank of America allegedly used an unfortunate situation to gain financial benefit.  The allegations are that Bank of America paid bonuses to employees to initiate foreclosure on families.  These could have been families with children with no place to live, couples going through a divorce, or people with unpredictable illnesses that were unable to make a mortgage payment.  The government provided assistance and the banking industry took advantage. The lives affected by the economy crash continue to suffer the consequences of greed.  There are so many professionals, of all industries, that have used unfortunate situations to gain financial benefit and it’s heartbreaking to know that a child or an elderly could have been affected. 

We should always do what’s right for others regardless of the paycheck. Taking a shortcut is always going to cost you more in the long run.  I encourage people to seek professional guidance from an individual that’s been referred to them.  A referral is the best kind of advice since the person that referred you to them already knows how that professional works. DO the necessary research to hire the right professional that’s best for your situation and make sure everything is in writing.  A recession is temporary; better days are always ahead of you.  Don’t let one bad situation determine your future.

This is GOALYGO!

Yanira ALY Nazario :))