What is Mortgage
Management? A mortgage is put under the
watchful eye of a trained and experienced mortgage
professional to compare the loan program and interest
rate related to that mortgage to current market
conditions to identify opportunities to improve the
borrowers situation that will result in savings.
In a recent study, I was
able to determine the pattern of a typical homeowner
related to the management of their mortgage.....or I
should say, lack there of. This family completed 5
mortgage transactions over a 12 year period of time.
Each time they used a different mortgage company to
complete the transaction. Each time they
paid closing costs with a collective total of $18,327.
Had they had their mortgage under management, and
used the same mortgage advisor, their costs would have
been roughly $5,000 over the same period.
- How much have you
paid in costs over the life of owning your home?
- How many different
mortgage professionals have you used?
- Have you missed
opportunities to lower your interest rate?
- Do you learn about
lower rates at the water cooler or on the news?
- Are you made aware
of how extra payments to principal can save you
$1,000's?
- What is your
mortgage plan and strategy?
- On what exact date
do you plan to be debt free by paying off your
mortgage?
Are you comfortable
with the answers to those questions?? My
experience tells me you would not be. My
experience also tells me that your mortgage is not being
watched and you you lack a comfort level and knowledge
as to where you stand in relationship to the current
market not to mention having a lack of plan as to how
and when you plan to pay off the mortgage.
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Would you rather try and
navigate the mortgage maze on your own or would you
rather be alerted and advised by a professional who
works within the mortgage profession every day? |
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Here
Is How I Save Clients Money When Market Conditions
Change!
Lenders price
interest rates based on the value of mortgage backed
securities which are traded within the US Bond market.
Various economic news impacts the performance of the
bond market. When the bond market is strong, then
mortgage interest rates go down.
The following chart
illustrates to you that back in January, March, & April
2008, there was a
small window of opportunity to grab some low interest
rates. This is how I was able to help
families lower their payment.
(chart courtesy of Mortgage Market Guide)
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Case
Study: Sara &
Mike - Saving Money With Rate Watch
Sara & Mike bought
their home using my services. They have since
refinanced twice to obtain better interest rates
and loan terms….all at no cost to them. See how
the benefits of having your mortgage watched &
maintained by a mortgage professional can save
you money.
Please allow a few moments for
the flash video to load. |
Enroll
Your Mortgage & Start Saving
Yes Doug,
watch my mortgage and save me money!
Many of
my clients have saved $1,000's by lowering their
interest rate, and you can too! By completing this form,
you are requesting that I notify you of market
conditions which yield a lower interest rate than what
you are paying now. If such an opportunity
exists, I will contact you to advise you of your cost
and no cost options. At that point, you can decide
if moving forward makes sense for you.
Contact my office
today to receive your information package
