With interest rates at historic lows, there has probably never been a better time to refinance your mortgage either to lock in to today's low rates or to pay off debt. Even if you are in the middle of your term, it usually makes sense to pay a penalty to lock into these low rates - especially if you are paying off debts. But before we do anything, we will run all the numbers with you and make sure it does make sense to do. Everyone's situation is unique and we have many different options available.
The example we used in the commercial - the client had a $300,000 mortgage at an interest rate at over 6.5% and 33 years left to pay and monthly payments of $1,854. The term was just ending so they did not have a penalty in this example.
They also had $30,000 in consumer debt ( high interest car loan / credit cards / store credit cards) with a total monthly payment of $1,500 per month.
We refinanced their mortgage to $330,000 / 4 year fixed rate at 2.99% and dropped the amortization to 25 years. The new mortgage payment was $1,560 per month. (The rates do change, so this rate may not be available at the time you want to refinance)
Think what you can do with an extra $1,794 per month. Save up for retirement, pay off your mortgage even faster, investment properties, or treat yourself to a vacation.
And the Best Part, the cost to use us? $0. We are paid commission by the banks to bring you to them, so there is NO cost to you to use us.
Call us to book an appointment and start saving thousands Today!
If you're looking for a Mortgage Broker that truly CARE, given them a ring, I'm convinced you won't be disappointed.
We had so many companys deminish our confidence and your efforts and Carrie and Charlenes efforts are so so appreciated
I have been using Colin and Charlene for years and I have had a couple different mortgages through them. They have always asked what I was looking for and gave different options for me to choose.