Lower Your Monthly Payment with a 15 Year Termadmin
It does not always work that you can refinance into a 15-year loan and drop your monthly payment but sometimes it can happen. With how low interest rates are today it is happening a lot more often.
A recent borrower we worked with is a Veteran who is currently on a tour. He wanted to take advantage of current low rates to do a refinance on his home but thought he would miss out on the opportunity while he was overseas. His coworker who we were helping with a refinance oh his home recommended he give me a call. He was really tough and stand offish when he finally called in but buy after our first initial call, he was awfully glad he called.
After running the numbers, he could not believe that we could lower his payment by $30 a month, save him over $50,000 in interest over the life of the loan and shave 10 years off the loan.
You could say he was happier than a drill sergeant putting new recruits through basic.
I would love to run some numbers for you and see if we can refinance you into a 15-year loan to lower your monthly payment from what you are currently paying and potentially save you thousands in interest charges over the life of your loan.
With interest rates so low right now it is the perfect time to try this refinance option!
801.206.4343, NMLS # 888979.