*Interest rates are subject to change without notice and do not constitute a commitment to make any loan at any specific rate.
I arranged a mortgage for clients two years ago with a major bank. When the interest rate recently came down, we started the process of refinancing into 30 years fixed with the target 4.25% for a Jumbo loan. The clients did not send their documents on time and we missed the rate.
Meanwhile, their bank contacted them and offered refinancing with no cost for 3.50% fixed for 5 years and I almost lost a client!
Luckily, I found another bank who offered 3.375% fixed for 5 years with no closing costs.
We will celebrate after the loan is closed!
You can read about the comeback of Adjustable loans in this Wall Street Journal article.
Whom do you know that might benefit from our tailored mortgage solutions?
Do not keep me as a secret.
SMILE AND PLEASE SHARE IT WITH A FRIEND