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  Money Priority Model

provides a guide to the direction of your monthly cash in order of priority. with each dollar that you deposit (net pay), how can you best allocate these funds to maximize long-term financial growth?


  Cash Cushion:

The first step in reaching financial wealth is the ability to have cash on hand for life's little emergencies. This cushion is a relatively small amount of money that can be used instead of relying on credit. Before people can eliminate debt, they need to eliminate the NEED and HABIT for using debt, which is achieved through the cash cushion. A typical cash cushion will range from $2,500-$5,000.

  Debt Elimination:

The goal here is to eliminate "bad" debt. bad debt is any debt that is not associated with an appreciating asset (mortgages -> real estate). This mainly involves credit card debt, but also debt such as auto loans and student loans. With your cash cushion in place and no need to fall back on credit, you can apply a debt roll-over plan which Strategy7 can help you create to quickly pay-off these debts with the money you currently make at a rapid pace. once this debt is eliminated, you free up an enormous amount of cash that used to be tied to monthly debt payments that you can now direct toward investment vehicles that pay you interest!

  Liquidity & Investing:

With your debts eliminated, you can now save larger amounts of cash to protect against major emergencies such as loss of job, and also begin to invest in real estate and other investment vehicles. With the help of Strategy7 and our recommended group of asset growth/protection specialists, you will be well on your way to achieving your retirement goals.






    How we Differ


At Strategy7 of Mortgage Trust, Inc. we always prefer to meet with you in person. Why is this? We feel that the mortgage you ultimately select is a big and very important decision. Our consultation process, which typically lasts 1 hr, touches on all the factors that need to be reviewed prior to making your final decision. We believe you deserve more than a brief phone call and quickly produced Good Faith Estimate*. This decision requires ample planning and strategizing which is what you will receive from Mike and Jeremy at Strategy7.

When most seek a mortgage, they tend to look at the mortgage independently of their overall financial picture. The mortgage is viewed as this burden that most be tackled and taken care of quickly. The truth is your mortgage is an integral component of your overall financial picture. With the proper structure put in place, determined by your monthly living and investment/savings goals, the right mortgage can help you attain financial stability and wealth.

Meet the Team

Mike Popnoe - NMLS 116627: Along with my business partner Jeremy Stoddart, I formed Strategy7 as part of Mortgage Trust, Inc. in 2008 after many years in the mortgage industry and six years as a software engineer and web developer. I received a bachelor of science degree in finance and marketing from the University of Montana and a post-graduate degree in applied information technology.

My mission is to provide sound financial advice to my clients and guide them toward financial independence. Implementing the right mortgage plan for a particular person's investment strategy is my specialty.

Away from work, I spend time on the basketball and tennis courts, and I like running, skiing (poorly), hiking, traveling, listening to music and spending time with friends and family.

Jeremy Stoddart: Jeremy attended University of Oregon. He went on to successfully lead a Division at a regional marketing company. Feeling a need to give back, Jeremy decided to serve a mission for his church, serving for two years in Brazil. After returning from his mission, he began investing in real estate by purchasing houses in various inner Portland neighborhoods and restoring them.

After a couple of years of effort, a talented Real Estate agent recruited him into the Mortgage Industry where he quickly became a top producing Loan Officer. With an entrepreneurial mind, he saw a need for a company that was passionate about educating their clients to help them make sound financial decisions and assist them on a path to financial independence. He valued long term relationships and felt that the mortgage broker could be elevated to a trusted advisor in the lives of their clients. With this vision, he founded Source One Financial in 2002.

With the major changes in the financial markets, he merged his business, Source One Financial, into Mortgage Trust, Inc. in April of 2008. At Mortgage Trust he gained the ability to offer FHA loans and have access to banking channels that brokerages do not have. He opened a branch in the Pearl District for his team called Strategy7. At Strategy7 they take a full seven circle analysis of a clients' financial situation and design strategies consistent with their short, mid and long term goals.

Today, Jeremy is very well respected in the lending community and serves on the board of a number of business organizations. He is also active in his church Youth Programs working with kids from 12-18 years of age. With his competitive spirit he enjoys half marathons and triathlons. Jeremy has a strong appetite for personal growth and development and influences others around him to be their personal best.

Jeremy enjoys reading, travel and spending time with his friends and family.

Jennifer Schmidt - Assistant Loan Officer: I joined Strategy 7 of Mortgage Trust in 2009 after 7 years in the mortgage industry. I am very aware that we make a huge impact in our clients’ plans and goals, and am very happy to be a part of some of the most exciting times in our client’s lives. I am dedicated to providing exceptional care for clients, finding them the very best solutions possible and making their experience with Strategy7 of Mortgage Trust a delightful one.

My personal interests focus on family and travel.



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