There is no time like the present to refinance your home! Thanks to the Home Affordability Refinance Plan, you can save large sums of money with a refinance. Last year, homeowners experienced a 33% decrease on their monthly mortgage payment after refinancing through the program. On average, that is $350 saved each month on their payment. Additionally, the program allowed 39% of homeowners to decrease their loan term!
If you were to take advantage of the program benefits, you would be able to compare rates between numerous different lenders. If your current lender is charging you too much, you will not be limited to their prices. You will not have to spend time worrying about your home’s loan-to-value, because it is unlimited. You will also not be forced to purchase a private mortgage insurance policy. These are just a few of the many benefits you could experience with a mortgage refinance through the Home Affordability Refinance Plan. This may be the change you need to keep your expenses low, and keep your home. In a struggling economy, what more can you ask for?
Take the steps to save big like millions of other Americans! If you are interested in real estate counsel from an esteemed real estate professional, please contact The Barr Team, located in Irvine. We have almost 30 years of experience fulfilling the real estate needs of numerous Southern California communities. Let us share our industry knowledge with you, and give you a stress-free real estate transaction. Whether you are buying or selling, you will benefit from our services. We specialize in short sale negotiations, and residential listings all while keeping your best interests in mind. Please do not hesitate to contact us, today!