Monthly Archives: April 2014

Leverage Programs Available!

What if  your client needed to take a early retirement and  the social security benefits will not give them enough monthly income. If only they could wait a little longer. The solution? A Reverse Mortgage could be the answer. Click on the link and take a look.

http://wi.tfsweb.com/mortgage/socialsecuritydefexp.pdf

 

Richard E. Widmer VP-New Business Development
(732) 758-9300 x116 rwidmer@tfsweb.com NMLS ID 861176

TFS Advisory Services 3C

               Now’s the time to make the INVESTMENT and become your Clients               newspapers

 “Trusted Mortgage Advisor”
Let me show you how!

For More Information Contact: Richard E. Widmer Vice President- New Business Development NMLS#861176 Cell (908) 705-1498 Office (732) 758-9300 ext. 116

 

 

Division of Tomorrow’s Financial Services, Inc. Correspondent Residential Mortgage Lender, New Jersey Department of Banking & Insurance Registered Mortgage Broker:  NYS Banking Department and Florida Office of Financial Regulation NMLS ID 51460 · Visit us on the web at www.tfsweb.com 437 Newman Springs Road, Lincroft, NJ  07738(732) 758-9300 FAX (732) 758-9418

Fixed Income Manager of the Year Nomination

Metropolitan West Total Return Fund (Metropolitan_West_Asset_Management_Llc_217856MWTIX) is part of the Buy/Hold Plus Portfolio and has recently been announced as one of the five nominees for Fixed-Income Manager of the Year in 2013.  The Intermediate-Term Bond Fund did an excellent job navigating a very tough market in 2013 to add to its already stellar long term record.  Morningstar highlighted some of the key components of the fund:

“TCW/MetWest’s fixed-income CIO Tad Rivelle and team won the Fixed-Income Fund Manager of the Year Award in 2005 and have been nominated multiple times in the past, including for Fund Manager of the Decade in 2009.”

“The managers’ methodical approach and value discipline has delivered time and again over the years, resulting in a stellar long-term record that has rewarded investors handsomely. And while they have shown a willingness to take considerable risk when the price has been right, the fund’s exceptional long-term record in both absolute and volatility-adjusted terms suggests investors have been well compensated for the fund’s above-average volatility.”

You can find the entirety of the article here to learn more about the prestigious nomination.

Leverage Programs Available!

If you have a Client that owns or is looking to own, TFS Mortgage has the experience and expertise to assist you with a program that will give you the opportunity to not only help them reach their financial goals, but open up other opportunities that may not have been possible.

Take a look at a few programs that are available on the market today.

Conforming FHLMC/FMMA Loans–  Refinance, Cash out, Purchase with as little as 5% Down Payment

Jumbo Loans– High loan amounts

FHA/VA USDA– All government loans, Purchase, Refinance Cash Out with as little as Zero Down Payment.

Harp Programs– When Client owes more than the home is worth.

Construction Loans– From home improvements to building a new home.

Reverse Mortgages– Purchase or Refinance with 3 cash options for Clients 62 or older.

Commercial Lending– non residential properties, purchase or refinance

Asset Based Lending/ Stated Income for non- owner occupied homes/ Foreign Nationals

The list goes on…. Don’t loose any opportunities for your clients

when home ownership is available or wanted. Contact me with questions.

Richard E. Widmer VP-New Business Development
(732) 758-9300 x116 rwidmer@tfsweb.com NMLS ID 861176

Take a look at these case studies using Leverage to uncover and satisfy Clients needs.

Case One

*Tom and Lisa are  Married with two kids ages 3 and 5
*Home Owners for the past 10 years
*Mortgage 350k Value is 500k
*10k in credit card debt
*Car payments
*They have no real savings pattern
*No emergency fund
*No Life Insurance
Goal:
*College Funds 100 per month to spend.
*Uncovered- credit card debt, monthly payments, under insured

 

Solution

*Refinance for cash out.
*Lowering their payments, increasing their cash flow each month by $400
*Putting 5k into an emergency fund
*Opening two college fund accounts that are funded with the savings from the credit cards
*Obtain Life Insurance Polices
*Potential Mortgage Commission – $ contact me to discuss
*Potential Ins, Investment Commission $

 

Case Two

*Peter and Mary, married, 3 kids under 10
*Client called to cash in stocks
*Home under valued rate @ 6%
*Owes 400k Value 350k
*Just keeping above water
Goal:
*More savings , Collage fund

 

Solution:

*Clients Qualify for Harp 2.0 Refinance
*Lowers Rate and saves over $300 lowing rate by 1.5%
*Start College Funds
*More Life Insurance
*Surplus each month
*Potential Mortgage commission $ Contact me to discuss
*Potential Ins, Investment commission $..

 

Case Three:

Clients, both 62 years old, have a retirement portfolio totaling $500,000 which runs the risk of being depleted in 18 years; despite a financial plan that includes Social Security income and owning a home valued at $600,000.

Solution:

Using a HECM (Reverse Mortgage) loan with a tenure disbursement,  the clients paid off their existing mortgage and improved their monthly cash flow with supplemental tax-free cash. Now the
clients have sufficient assets and income to stretch their retirement assets
through ages 89

Reverse

 

These are just a few ways to help your clients reach their overall Financial Goals.

Convinced Yet??  “LEVERAGE = OPPORTUNITY”  Contact me to discuss how TFS Mortgage can help you reach your Clients Goals!

 

TFS Advisory Services 3C

               Now’s the time to make the INVESTMENT and become your Clients               newspapers

 “Trusted Mortgage Advisor”
Let me show you how!

For More Information Contact: Richard E. Widmer Vice President- New Business Development NMLS#861176 Cell (908) 705-1498 Office (732) 758-9300 ext. 116

 

 

Division of Tomorrow’s Financial Services, Inc. Correspondent Residential Mortgage Lender, New Jersey Department of Banking & Insurance Registered Mortgage Broker:  NYS Banking Department and Florida Office of Financial Regulation NMLS ID 51460 · Visit us on the web at www.tfsweb.com 437 Newman Springs Road, Lincroft, NJ  07738(732) 758-9300 FAX (732) 758-9418

Proxy Mailing to Be Sent – Buy/Hold Plus

This is to notify representatives utilizigal_rs_investmentsng the Buy/Hold Plus program that one of the holdings, RS Global Natural Resources, will be mailing out a proxy to your clients who have this fund as part of their portfolio.  As proxy items can sometimes be confusing for clients, we wanted to make sure to let you know about the upcoming mailing.  The proxy change is simply stating that the investment management team will technically be contracted as an outside third party firm instead of an internal team.  There will be no change in the actual management team or style of the fund.

If you have any questions or concerns, please contact Tara Giarraffa at (800) 614-2980.

Mortgage equals Leverage Opportunity – Not Rate!

 

Take a look at these case studies using Leverage to uncover and satisfy Clients needs.

Case One

*Tom and Lisa are  Married with two kids ages 3 and 5
*Home Owners for the past 10 years
*Mortgage 350k Value is 500k
*10k in credit card debt
*Car payments
*They have no real savings pattern
*No emergency fund
*No Life Insurance
Goal:
*College Funds 100 per month to spend.
*Uncovered- credit card debt, monthly payments, under insured

 

Solution

*Refinance for cash out.
*Lowering their payments, increasing their cash flow each month by $400
*Putting 5k into an emergency fund
*Opening two college fund accounts that are funded with the savings from the credit cards
*Obtain Life Insurance Polices
*Potential Mortgage Commission – $ contact me to discuss
*Potential Ins, Investment Commission $

 

Case Two

*Peter and Mary, married, 3 kids under 10
*Client called to cash in stocks
*Home under valued rate @ 6%
*Owes 400k Value 350k
*Just keeping above water
Goal:
*More savings , Collage fund

 

Solution:

*Clients Qualify for Harp 2.0 Refinance
*Lowers Rate and saves over $300 lowing rate by 1.5%
*Start College Funds
*More Life Insurance
*Surplus each month
*Potential Mortgage commission $ Contact me to discuss
*Potential Ins, Investment commission $..

 

Case Three:

Clients, both 62 years old, have a retirement portfolio totaling $500,000 which runs the risk of being depleted in 18 years; despite a financial plan that includes Social Security income and owning a home valued at $600,000.

Solution:

Using a HECM (Reverse Mortgage) loan with a tenure disbursement,  the clients paid off their existing mortgage and improved their monthly cash flow with supplemental tax-free cash. Now the
clients have sufficient assets and income to stretch their retirement assets
through ages 89

Reverse

 

These are just a few ways to help your clients reach their overall Financial Goals.

Convinced Yet??  “LEVERAGE = OPPORTUNITY”  Contact me to discuss how TFS Mortgage can help you reach your Clients Goals!

 

TFS Advisory Services 3C

               Now’s the time to make the INVESTMENT and become your Clients               newspapers

 “Trusted Mortgage Advisor”
Let me show you how!

For More Information Contact: Richard E. Widmer Vice President- New Business Development NMLS#861176 Cell (908) 705-1498 Office (732) 758-9300 ext. 116

 

 

Division of Tomorrow’s Financial Services, Inc. Correspondent Residential Mortgage Lender, New Jersey Department of Banking & Insurance Registered Mortgage Broker:  NYS Banking Department and Florida Office of Financial Regulation NMLS ID 51460 · Visit us on the web at www.tfsweb.com 437 Newman Springs Road, Lincroft, NJ  07738(732) 758-9300 FAX (732) 758-9418

Pershing: Quick Client Support

Pershing recently introduced Quick Client Support, which is a service that provides instant access to information in regards to Pershing’s technology, operations within NetX360 and many other areas of the system.

Once logged in to NetX360, go to Resources, Resources Home, Quick Client Support. Then simply click on an area of interest and you will be able to view or download the documents or instructions that relate to your inquiry.

You will be able to search by Frequently Asked Questions such as How do I locate a Pershing Private Investment Form?  or How do I request a stop payment on a check that was issued from a client’s account?

You will also be able to search by Topic Index such as Statements and Confirmations or Tax Reporting.

Please log on to Pershing’s NetX360 and start using this valuable service today!

 

 

Life just keeps getting better – with North American

NAHbase_NAlifelogoUpgrade today!
Experience the next generation of universal life.

 

navid

Custom Guarantee® Universal Life is one of North American’s most popular universal life insurance products—and it’s gotten even better. Along with continuing to offer guaranteed death benefit protection,1 Custom Guarantee Gen 8 is now positioned for even better value:

Premium Upgrade. The guaranteed premium limit has gone up to $500,000 in all years! Competitive Price. Lower level-pay guarantee premiums keep Custom Guarantee a great value. Modern Protection. Accelerated death benefits for critical, chronic, and terminal illnesses2 help clients prepare for the unexpected.

Have to see it to believe it? Take a look for yourself. Custom Guarantee Gen 8 ranks first in its class when it comes to low-cost, guaranteed universal life:

Guaranteed UL Comparison – Level Pay to Guarantee to Maturity –
$500,000 Death Benefit3

Male, Age 55, Best Class Sorted By:
Company Product Guar. Premium
North American Custom Guarantee Gen 8 $5,594
American General AG Secure Lifetime GUL II $5,609
Protective Advantage Choice UL $5,829
Penn Mutual Guaranteed Protection UL $5,888
Banner Life Choice UL $5,898
Prudential PruLife Universal Protector $5,999
Lincoln Financial LifeGuarantee UL $6,022
United of Omaha Guaranteed Universal Life $6,030
Transamerica Trans ACE $6,217
Principal Universal Life Protector IV $6,314

 

Male, Age 65, Best Class Sorted By:
Company Product Guar. Premium
North American Custom Guarantee Gen 8 $9,750
American General AG Secure Lifetime GUL II $9,872
Lincoln Financial LifeGuarantee UL $9,907
Protective Custom Choice UL $10,128
Penn Mutual Guaranteed Protection UL $10,445
Banner Life Choice UL $10,463
Prudential PruLife Universal Protector $10,707
Principal Universal Life Protector IV $10,778
Transamerica Trans ACE $10,799
United of Omaha Guaranteed Universal Life $10,925

1 Subject to premium payment requirements.

2 Subject to eligibility requirements. Critical illness benefit not available in CA, CT, FL, or PA. Chronic illness benefit not available in CA.

3 Competitor information is obtained from sources believed to be reliable, but its accuracy or completeness is not guaranteed. If there are questions regarding this information, please contact a representative from the applicable company. This data is for informational purposes and is not intended as a solicitation or a recommendation of any insurance product. All expressed information or opinions are subject to change without notice. Data collected March 27, 2014.

Please refer to the current marketing guide, NAM-651, for complete details.

Custom Guarantee is issued on policy form series LS170; Chronic Illness Accelerated Benefit Rider is issued on LR450A09 (FL only); Accelerated Benefit Endorsement for Chronic and Terminal Illness is issued on form series LR487; Accelerated Death Benefit Endorsement for Critical Illness is issued on form series LR477; Accelerated Benefit Endorsement for Terminal Illness is issued on form series LR488; or state variations by North American Company for Life and Health Insurance, Administrative Office, Sioux Falls, SD 57193. Products, features, riders, endorsements or issue ages may not be available in all jurisdictions. Limitations or restrictions may apply.

FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
NAL-2753 4/14