Are you waiting for rates to come down to refinance? Are you unsure as to whether you should refinance? What are factors to consider in refinancing? Is it simply lowering your payment? Join us for the December Counsel Mortgage Roundtable Live on our YouTube channel on Wednesday, December 17th, at 1 pm AZ time where we will discuss these and other current mortgage issues. Here is the link: https://www.youtube.com/@mortgagecounselor If you miss the live broadcast, it will be recorded and you can watch it later. Hope to see you there! Subscribe to our YouTube channel to stay informed and follow...
Category: Refinance
COMMERCIAL MORTGAGE REFINANCE
Many commercial mortgages are fixed for 5-7 years, and then become due. These loans may have been originated before or during the pandemic at much lower rates than today. You may find yourself in a position where your Note is coming due. We can help you find refinancing options. We are mortgage brokers and can shop lenders to find the best deal for you in today’s environment. Don’t feel that you are stuck with staying with the same bank at their rates. Contact us and we can help. To see other posts and videos in our series, click here: https://counselmortgagegroup.com/blog/...
ARE YOU CONSIDERING A REVERSE MORTGAGE?
Are you considering a reverse mortgage? Are you confused and not sure what is involved in a reverse mortgage? We can remove the myths associated with reverse mortgages, and help you decide whether it is the right loan for you. We understand it is becoming a financial planning tool for fixed income borrowers who want to stay in their home. Let us know your questions on reverse mortgages. We offer a variety of products and services, ask us how we can assist you today. We work for you, not the lender. Counsel Mortgage Group®, LLC Licensed in Arizona,...
DO YOU HAVE QUESTIONS ABOUT REFINANCING?
Do you have questions about refinancing? When looking to refinance your home there are many factors to evaluate to determine if refinancing is right for you. Our experienced Mortgage Brokers will ask basic questions to get you on the right path. We have helped hundreds of families refinance over the years . We refinanced primary residences, second/vacation homes, and investment properties. We can help you. We provide counsel to help you find the right mortgage. We are a mortgage broker, and search wholesale lenders to find the best rate and costs. We offer a variety of products and services, ask...
REFINANCE MORTGAGE
When looking to refinance your home there are many factors to evaluate to determine if refinancing is right for you. Our experienced Mortgage Brokers will ask basic questions to get you on the right path. For example, is your interest rate too high? Do you want to lower your payments? Are you looking to take cash-out of your home? We have helped hundreds of families refinance over the years . We refinanced primary residences, second/vacation homes, and investment properties. We can help you. We offer a variety product services, ask us how we can assist you...
THE RUN-UP IN MORTGAGE RATES
The recent rate increases have stalled the demand for mortgage refinancing. Applications fell 5% last week according to the Mortgage Bankers Association’s seasonally adjusted index. How does this affect homeowners considering refinancing their mortgage loans?
CONTACT US, WE CAN HELP
Do you have questions about refinancing? We provide counsel to help you find the right mortgage. We are a mortgage broker, and search wholesale lenders to find the best rate and costs. We broker in both Arizona and California. Contact us, we can help! We offer a variety of products and services, ask us how we can assist you today: Counsel Mortgage Group®, LLC www.counselmortgage.com 480-502-1000 NMLS #178927 AZ MB #0909580 CA DBO #60DBO43873 Copyright © 2021 Counsel Mortgage Group®, LLC.
THINKING ABOUT REFINANCING?
Many factors should be considered when deciding if refinancing is the best choice for your needs. We can help you. We’ll ask simplified questions to get you on the right path. We have helped hundreds of families refinance loans over the years. We analyze the current rates and evaluate whether refinancing is right for you or whether it is not in light of the costs involved. We can also assist in a refinance to take cash out of your home to make improvements, consolidate debt, or other reasons. Contact Counsel Mortgage Group, we’re happy to review and discuss your mortgage...
REASONS TO REFINANCE
Is refinancing to reduce your payment the smart thing to do? The most basic analysis is to compare the savings to the costs. For instance, if the costs are $2,500 and the savings is $100 per month, then it would take 25 months ($2,500/$100) to recover the costs. Living in the home for more than 25 months, you will benefit from the refinance. If you are going to live in the house for less than 25 months, then it would not benefit you to refinance. Another level of analysis, that most do not consider, is the long term consequences...