Milly Mortgage: You Wanna Save a $100K?

http://millythemortgageguy.com/

There are a lot of homeowners out there who think the only way to benefit from a refinance is "if I drop my interest rate a full point." Well, in today's installment Milly is here to tell those borrowers that not only is that the wrong way to look at this rate climate, but, one could be leaving 10′s of thousand if not 100′s of thousand of dollars on the table by not re-visiting what they could do with their amortization.

We are currently doing a ton of refinance transactions where we are taking 5, 10 even 15 years off of someones current amortization with little or no change to their monthly budget. This could be an awesome savings for anyone currently sitting in a good rate on a 30 year fixed. Taking years off an amortization can save that homeowner a TON of money.

If you or any of your loved one have any questions regarding their credit, mortgage financing, home ownership or banking in general, please don't hesitate to reach out.

Until next time-Yours Financially, Milly

Jamey Milheiser, NMLS #284184

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