Yesterday I had lunch with Brent, a good friend of mine who is a mortgage broker and like the saying goes, ‘You learn something new everyday.’ And I did. Like Brent, we both love to help people and in his case he helps his clients save thousands of dollars and even puts some extra cash in their pocket. Do you know the difference between good debt and bad debt? If not, you definitely need a checkup. We all get medical checkups, our vehicles get checkups so why not get a mortgage checkup? Just because you think you got a good rate 5 years ago, or even 2 years ago, doesn’t mean you shouldn’t look into every possible avenue to save some money. Many people need to look at the bigger picture and when it’s written on paper with where you are now, where you will be and where you want to be you would be surprised at what you see.
Mortgage checkups are absolutely free. If your mortgage rate is 3.5%, or higher, my friend can save you money…that’s right, pull out those documents because you can’t quite remember what you signed for. All mortgages aren’t the same, there’s a lot more to a mortgage than just the rate and my eyes almost glazed over when he explained it to me but it made sense and he went into detail because he cares and with Brent everything is transparent. We tend to just leave it up to the banks or lenders and trust that we are getting the best deal out there forgetting that they are limited to promoting their products. I’ve always used a broker for anything because they don’t work exclusively for one specific company and you are in their best interest to find you the best deals and rates. Even if your mortgage is not due for a while, he can probably save you money by making a switch and if you are looking for a new mortgage he will be able to shorten your mortgage pay off date from 25 years to 21 years at no extra cost to you. That’s 4 years of sans mortgage sounds like a pretty good vacation coming up or some other debts paid off!
Before you sign anything, make sure you are protected against interest rake hikes because when it comes to dealing with a financial investment as large as your home, you really can’t afford to ignore it. Take advantage of historically low rates and contact my friend and tell him I sent you. Or if you’d like he can contact you to discuss your mortgage. There is also a nice referral program in place that will pay you to tell your friends that I can tell you all about as well.
Do yourself a favor and get a mortgage review right now because you could end up with a whole new financial outlook, money in the bank and a happier lifestyle! Brent can help you with that and I highly recommend him to you. It’s free and if it ends up that you do have the best possible rate for your situation then at least you know! You have my vote of confidence and if you let him know I sent you I promise he’ll roll out the red carpet. Brent Francis can be reached via email at firstname.lastname@example.org. Thank you.