Tuesday, February 23, 2010

No-Cost Mortgage Refinance



Are you paying more for your mortgage than you need to?  Please call for a no obligation review and perhaps I could help you refinance – at no cost to you!! 

Below are some recent no-cost mortgage refinance scenarios:

1.       Loan #1:  $200,000, 15-yr fixed, closed escrow December 2009
o   Was paying 4.750% but refinanced to  4.375% (4.375% APR)
o   Saving the borrowers $38.42 per month or $464.01 annually
o   Cost to the borrowers -> zero!

2.       Loan #2:  $352,000, 30-yr fixed, closed escrow December 2009
o   Was 4.875% but refinanced to 4.625 % (4.68% APR)
o   Saving the borrowers $53.04 per month or $636.48 annually
o   Cost to the borrowers -> nada!

3.       Loan #3:  $490,000, 5/1 ARM, escrow to close March 2010
o   Was 5.125% but refinanced to 4.375% (3.738% APR)
o   Will be saving the borrowers $221.49 per month, or $2657.88 annually
o   Cost to the borrowers -> zilch!

Please contact Anna Tseng (DRE 01781528), realtoga at gmail dot com, and let me show you how to save hundreds and perhaps thousands per year on your mortgage payments.




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