Reviving Your Dream Blog

Home Improvements That Pay

Energy-Efficient Windows

Many home renovations will increase your resale value but home improvements that pay you now are a smart investment. Energy-efficient windows pay for themselves now and when you’re ready to sell!Older homes typically have windows that are of a single glass pane construction that waste energy and money. They are not energy-efficient at all and are simply barriers to rain and bugs. When you sell, expect buyers to offer less and create negotiation strategies considering they will want to replace them.You see, today, manufacturers are making double- and tiple-pane vinyl windows that insulate the home from wind, rain, cold, heat, and even outside noise. Additional benefits to multi-pane windows include a reduction of dust and allergens, added security for your home, ease of maintenance, and increased curb appeal. Now, let’s talk about the financial impact.

EnergyStar-Rated Windows

Replacing old windows with EnergyStar-rated windows will save money on heating & air conditioning bills. These windows also insulate so efficiently; additionally, green energy tax credits can apply! Next, new windows provide one of the higher rates of returns for a home improvement investment. In fact, a recent report entitled “Remodeling 2020 Cost vs. Value Report”* (www.costvsvalue.com) shows homeowners can expect a 73% return on their project investment when they sell their home.

Home Improvements That Pay for Themselves

While the initial cost for new windows can be high, it is one of those home improvements that pay for themselves in lower energy costs, and they will surely increase the value of your home when you sell!Need a referral? Give us a call!*© 2019 Hanley Wood, LLC. Complete data from the Remodeling 2019 Cost vs. Value Report can be downloaded free at www.costvsvalue.com.

Revival Lending is here for you! As a mortgage broker, we have access to hundreds of lenders who offer a variety of programs and certified services for every need:
• Second Mortgages
• Certified Veteran Loan Specialists
• Commercial Loans
Take the next step—->
Call or Email for a free consultation!
• Complete our no-obligation application online
• Tag friends who need a home loan or those who could improve their financial position with refinancing.
• FOLLOW: @revival_lending for market updates and tips on achieving financial freedom through homeownership.
Our Commitment

Our Commitment

Buying a Home

Our commitment to you is to support your decision to buy a home. This commitment you’ve made is an incredible accomplishment; a sacred act. It’s the purchase of your sanctuary, the escape from the world‘s turmoil and noise. A space that fosters cherished memories with family and friends. It’s no small act…

The Home Loan Process

The process of obtaining a home loan can be overwhelming—but it doesn’t need to be. At Revival Lending we‘ll  guide you from beginning to end, demystifying the process throughout. We eliminate surprises and offer full disclosure. We pride ourselves with being in constant communication with our home buyers and realtors, proactively updating and educating you throughout the loan process. We value integrity and will always have your best interests at heart. 

We don’t just get you into any loan, together we’ll:

1. Discuss and assess your unique situation

2. Find opportunities to improve your financial circumstances

3. Identify long term plans, goals and dreams, and

4. Work to design a customized loan option that fits all your needs and sets you up for success!

The way we work is not a standard in the industry, excellence is not common. At Revival Lending we help you experience revival in your finances and your life.

Welcome to Revival Lending! 

Your dreams are not one-size-fits-all, your loan shouldn't be either!
Home Refinance - Mortgage Loans For Every Need - Revival Lending
Tyson Hilton
Owner
Was It Something I Said?

Was It Something I Said?

Did you ever ask yourself, “Was it something I said?” when you thought you were so clear? Have you ever felt your words were falling on deaf ears or realized, mid-conversation, that you lost people’s full attention? Welcome to the world of miscommunication and the power of words.

 

The Power of Words

 
A book in the Bible, Proverbs 18:21, shares, “The tongue has the power of life and death.” Words can build up or tear down. They can help you win business or be a catalyst for losing it.
 
Words can mean completely different things to different people. Even the inflection in your voice can win people over or push them away. That’s the priority of the phrase, “It’s not about what you say, it’s about how you say it.” If you’re not acutely aware of how people are affected by words, you will experience communication disconnects and miss potential business opportunities.
 
EXAMPLE: Nearly four years ago, my wife and I kept sensing a nagging angst and tension. We felt a change coming. Through the years, we’ve learned to recognize these feelings. For us, those words never held negative connotations. Yet, in sharing, we realized people’s perceptions were different. Some misinterpreted our experience altogether and made negative assumptions based on their perspective.

 

Words Are Defined by Personal Experience

 
An often overlooked fact is that someone’s perception of what you’re communicating will always override what you’re saying. In other words, they listen based on their personal experiences, filters, and perceptions. So, in our use of angst and tension, some assumed it represented something negative and shared concerns from a place of fear. We realized we had to qualify our words and clarify our vision. People can have altogether different definitions for the words you use. For us, angst and tension, are indicators for potential positive change and growth. They wake us up and cause us to be a little more intentional as we navigate certain seasons. It’s critical to qualify your communication and make sure people understand exactly what you want them to hear.

 

The Art and Skill of Communication

 
There is an art and skill to communication. The skill is understanding how words impact people uniquely. Having a command of the English language and etymology (the study of words) is key, but more importantly, the art of communication must also be more personal. It must begin with self-awareness, Emotional Intelligence (EQ), mindful insight about the words you choose, the tone you use, and how they are received. Remember, empathy should be foundational in all of your communication.
 
This content fills a whole communication course (one our team teaches), but here are a few strategies you can implement now to help avoid miscommunication later:
 
1. Ask people what they mean by the words they choose. They may have a different definition. Consider asking, “Tell me about that word. What do you mean by it? How would you define it?”
 
2. Before you lose your listener’s attention, periodically ask, “Does this make sense? Or Am I making sense?” Some people share away without a break, not realizing the listener needs clarification. Before you lose your listener, engage with them. Confirm they’re tracking with you.
 
3. Ask them to rephrase what you’re saying. Interestingly, some will misinterpret your point entirely, especially in touchy or heated conversations. Whether in a business dialog, or communication with your mate, make sure sensitive conversations are delivered and received with the most positive and kind intentions.
 
4. People are more visual than audible. In a business meeting, consider creating a visual guide or graph of the communication flow.
 
I hope this brief discussion on the power of words is something that will benefit you immediately and impact your business in the most positive ways!
___________________________
 
Revival Lending is here for you! As a mortgage broker, we have access to hundreds of lenders who offer a variety of programs and certified services for every need:
• Second Mortgages
• Certified Veteran Loan Specialists
• Commercial Loans
Take the next step—->
Call or Email for a free consultation!
• (657) 464-3101
• Complete our no-obligation application online
• Tag friends who need a home loan or those who could improve their financial position with refinancing.
• FOLLOW: @revival_lending for market updates and tips on achieving financial freedom through homeownership.
 
How to Improve Your Financial Situation in 6 Steps

How to Improve Your Financial Situation in 6 Steps

Are you tired of being buried in debt? To make your dreams a reality it is important you learn how to improve your financial situation. Following these 6 steps will help you begin to fund your dreams.

1. Pay Off All Debt

Every month it costs you. You can’t achieve financial independence if you’re overwhelmed by debt and interest payments. Credit card debt is the most serious since it tends to incur the highest interest rate.

2. Save 3-6 Months For Emergencies

Most financial experts recommend you have between three – six months of basic living expenses in your emergency fund. An emergency fund helps cover your basic living expenses during a time when your income has been reduced. The current COVID-19 pandemic has reminded us all that emergencies will happen and financial situations can change rapidly. The best way to survive these situations is by having a financial reserve.

3. Save For Your Children’s College

Education is a high value in our family, but the debt that results is a heavy burden for many. According to the Wall Street Journal, the average college graduate’s student loan debt is at a whopping $37,172. At this rate, college grads will be lucky to have their student loans paid off before their kids start college! If your children’s education is a value for you, start saving now.

4. Invest 15% of Your Income Towards Retirement

It’s important for you to start retirement-dreaming. Retirement may be as simple as beginning a new activity, starting a side hustle, or maybe just traveling. Living your retirement dream needs to begin now so you can prevent financial hardships in the future.

5. Pay Off Your House

Eliminating a house payment reduces monthly expenses obviously, but also, the interest savings are significant. Depending on its size and term, a home loan can cost thousands or even tens of thousands of dollars over the long haul. Paying off your mortgage early frees up that money for your future!

6. Find Causes That Impact Lives

Giving back is the key to success. Changing one life, a community or even a nation is the ultimate joy and satisfaction for living. Develop a plan to leave the world a better place!

While the above steps may not be easy, after assisting thousands of borrowers just like you, we have found these to be doable. Give us a chance to help you!

To Infinity and Beyond

To Infinity and Beyond

Buzz Lightyear’s trademark cry of “To infinity and beyond!” from Toy Story is an all time favorite movie quote. Ever wonder why? Think about it, “Why?”, a question we learn to ask at an early age but the older we get, we seem to ask less and less.

Do Not Stop Dreaming

It’s easy for both people and companies to get into a rut and stop asking the fundamental question, “Why?”.  Simon Sinek writes, in his book “Start With Why”, “Very few people can clearly articulate WHY they do WHAT they do. WHY do you get out of bed every morning? WHY should anyone care?  I have found that when we only think in terms of “what” and “how” we stop dreaming- and no one should stop dreaming.

Understanding Your Dream

My wife, Alicia, and I began Revival Lending with a clear understanding of our why- “to help people experience revival in their finances and their lives.” We believe the best way to accomplish our dream is to free people up to dream again about the “why” in their life. As a mortgage professional with 20+ years of experience, I know I can help people navigate the process of home finances to put them on a road to fund their dream. That’s why our loan process always begins with our clients; understanding their dreams, their needs, and their housing situation. Their dreams are not one size fits all, so neither should be their loan solution.

Dreams Realized

As a business owner, I am often asked how I measure success. To me the answer is simple. We talk in terms of dreams launched and funded. More specifically, I talk about my client, who at the age of 62, took the courageous step and started her own company after years of working for someone else. I talk about the young couple who bought their first home once they saw it would cost them less than renting. I talk about the happy homeowners who regained hope after they had lost everything in the last recession. Children sent to college. Kitchen remodels. Retirements secured. Dreams realized. I measure success one dream at a time.

What’s Your Dream

What’s your dream? I would love to hear from you. Give me a call and I will be happy to conduct a complimentary financial review of your situation, and we can talk about how to finance your dream. In fact, I will give away a copy of Simon Sinek’s book, Start with Why, to the first five people who complete a financial review with me.

FREE Copy With Financial Review

Start with Why - Simon Sinek

What’s Your Dream – Let Us Help You Get to Infinity and Beyond!

Schedule Your Financial Review

    The Home Equity Secret Menu

    The Home Equity Secret Menu

    The Home Equity Secret Menu. Haven’t heard of it? Well, just like the famous secret menu of In-N-Out , the mortgage industry has a secret menu of its own. Here is everything you need to know about the Home Equity Secret Menu.

    Your Situation

    So, you want access to the equity within your home? Should you look to refinance your current mortgage or obtain a 2nd mortgage? Does trying to decide make you think of the old Clash song which asked, “Should I stay or should I go now? If I go, there will be trouble. And if I stay it will be double.” Yet, unlike the song, which implies a no-win situation, there are a few easy ways to figure out the best financial option for you.
     

    Just the Facts

    Here is the reality. To obtain access to your home’s equity, without selling it, you have two main options. 
     
    First, you can simply refinance your current mortgage and pull cash out. Choosing this option usually provides you with access to the lowest current interest rates on the market. Yet, obtaining a new first mortgage can be more time consuming and expensive than obtaining a second mortgage.  
     
    Second, you can choose to tap into your home’s equity by obtaining a second mortgage. These loans typically can be completed quickly and often provide access to a greater portion of your home equity than many first mortgages. However, these mortgages usually have a higher interest rate than those available on a first mortgage. 
     
    So how do you decide? Which option provides you the lowest overall rate?
     

    The Blended Rate – The Home Equity Secret Menu Item

     
    Let me introduce to your new friend, the Blended Rate. It provides us with the necessary tool by which we can compare the two options above. The Blended Rate is a mathematical equation which allows us to calculate the effective rate when combining two loans. In other words, using the blended rate formula allows us to determine the effective interest rate when combining your current mortgage with a proposed second mortgage. We can then compare this blended rate with a proposed new 1st mortgage rate to see which one is lower.
     

    The Blended Rate Applied

     
    To see how the blended rate is applied, let’s image you have a current 30 year mortgage of $250,000 at an interest rate of 4%. You needed to get $50,000 to complete a kitchen remodel and make a down payment on your daughter’s college tuition. In speaking with a mortgage professional, you were offered a new first mortgage at 4.5% or you could obtain a 2nd mortgage at 7.99%. 
     
    Now, let’s apply the blended rate formula (math explained in more detail below). This reveals the effective interest rate of keeping your current 1st mortgage and obtaining a second mortgage is 4.69%. In this case, the lowest interest rate available to you would be obtaining the new 1st mortgage. Yet a small change in your requirements can flip the equation. Imagine your cash out requirements dropped to $20,000. Now, the blended rate formula reveals your effective rate would instead be 4.29%. In this case, keeping your current 1st mortgage and obtaining a second mortgage would provide you with a lower interest rate. 
     

    Complimentary Financial Review

     
    At Revival Lending, we work hard to understand the particulars of your situation and find the loan that best helps you accomplish your goals. There is a reason we say, “Your Dream. Your Home. Our Loan Solution.” If you have any question about this scenario or your own financial situation give me a call and I will be happy to conduct a complimentary financial review of your situation.
     
    P.S. – Now make sure to apologize to your high school math teacher and parents for saying you would never need this algebra stuff in the real world.
     
    P.S.S – If the mere mention of In-N-Out has made you hungry, here is a guide to their secret menu.
     
    Blended Rate Formula Explained
     
    Blended Rate = (r1*b1 + r2*b2)/tb
    r= Rate, b= Loan Balance, tb= Total Balance
     
    Example 1: (4%*$250,000 + 7.99%* $50,000)/$300,000 = 4.69%
    Example 2: (4%*$250,000 + 7.99%* $20,000)/$270,000 = 4.29%
     
    Note: Above Blended Rate assumes the same loan term for both loans