My New Blog

I got my update from our lender today...4%!  How can we be down to 4%?  Not buying a new home to take advantage of that kind of rate?  How about refinancing?  I'm thinking about refinancing...again!  The rule of thumb is 1%.  If you are currently at 5% or more, it may well be worth a call! 

We even refinanced our VA loan on our rental!  Still a VA loan too.  There are a wide variety of products out there and the amount you can save on your existing payment can be pretty amazing. Here is our philosophy, we refinanced our rental, lowered our payment $130 and still pay the same amount each month which puts that $130 directly off the principle instead of towards interest.  Pays it right down and speeds up the final payment too.

If you would like to find out what your options might be, I'd love to hear from you (910) 364-5736.  I am not a mortgage officer but I can get you to the right person.  Often, that is the only thing holding us back!