Saturday, January 30, 2016

Putting Money Back Into The Middle Class

 Article published in Smart Life Weekly

Did you know if your mortgage is less than $625,000, your chances of qualifying for HARP could be high? The Government wants the banks to cut your rates, which puts more money in your pocket, ultimately boosting the economy.
But the banks are not happy about this. Here’s why:
  1. The program makes it easier to qualify for lower mortgage rates
  2. You have the option to shop lenders other than your current mortgage holder
You think banks like the above? Rest assured, they do not. They'd rather make more money by keeping you at the higher rate you financed at years ago. The middle class seems to miss out on everything, and jumping on this benefit is a no-brainer.
  • The average monthly savings is $250. Could you use an extra $250/month? 2
  • On top of the savings, many homeowners could pay off their mortgage faster.
  • Homeowners can even take cash out for home improvements, pay off debt, or pay for their children's education.

Where Do I Start?

With hundreds of mortgage lenders and brokers available, it can take consumers hours to simply contact each one separately and request a quote. The good news is that there are services that could help you save time and money by comparing multiple lenders at once. One such service is HARP Refi Quote™, which has one of the biggest lender networks in the nation and what’s better is that they work with HARP lenders to provide consumers with a comprehensive set of mortgage options.
There’s no obligation to homeowners, and HARP Refi Quote, offers easy and fast comparisons. It takes about five minutes, and the service is 100% free. You have nothing to lose, except for your money problems!
Select Your State below:

           If you have any questions call Doug Ross 916-259-6302



Comments (6)
   Susan D. wrote:
Never heard of HARP before, thanks for the information. I went through your form and worked with a really helpful lender to refinance my mortgage. My payments are actually manageable now!
   Paul C. wrote:
Didn't qualify for HARP when I first applied. I reapplied a couple months ago after hearing the guidelines were 'laxed, and I was eligible! Happy to be putting the extra money we're saving into my kid's college fund.
   Kevin L. wrote: wrote:
I Paid Off My Mortgage In Half The Time With This Ridiculously Easy Trick! Great Thing Is You Can Just Check if You Qualify For Free. Just Go Here
   Richard B. wrote:
is this a scam?
   Daryl J. wrote:
@Richard - I thought it was a scam too at first, because it just seemed to be too good to be true. But I filled the form out anyway and refinanced through the harp program. It was really easy actually and I'm not paying an arm and a leg anymore.
   Anonymous wrote:
great article

Potential Savings

What a 2.25% difference really means

$200k loan @ 5.5%
$1,136 per month
$408,960 total cost
$200k loan @ 3.25%
$870 per month
$313,200 total cost
Savings

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