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Madison Wisconsin Refinance Story: Mark and Kate

By
Mortgage and Lending with Hartford Financial Services - Wisconsin Mortgage Lender

Mark, a married man from Madison,Wisconsin, wanted to save money! Mark is married to Kate and they have a beautiful lakeside home in Madison,Wisconsin.  Mark pays child support and also owns has a condominium in Milwaukee,Wisconsin.  Kate had a bankruptcy due to a previous marriage and has perfect payment history on her credit report since the bankruptcy was discharged.  Mark’s current loan has an interest only payment and has paid perfectly on his mortgage for four years. The problem is that his interest rate is at seven percent (7%) and has not paid one cent down on his mortgage.   

WI-Mortgage.com established that their goal was to save money and to quickly pay off their Madison Wisconsin refinance mortgage. 

Wi-Mortgage.com was able to lower Mark and Kate’s first mortgage into a very low rate on a 25 year mortgage term.  The short-term goals were achieved by saving them $240 per month.  Their long-term goals were achieved by saving another $120,000 by reducing their term.  Even though Mark and Kate had a bankruptcy, pay child support, and were losing money on a rental property in Milwaukee, Wi-Mortgage.com was able to close and fund this loan! 

The key to successfully closing and funding this loan was to get all pertinent documents so that we could answer any questions from the underwriter.  The file was large but it was thorough.  Our underwriter may have declined it if we had not prepared an approach to answer any questions they might have had. 

In only three weeks, Wi-Mortgage.com was able to provide our Madison Wisconsin refinance clients monthly and long-term savings.

If you are ready to purchase a Madison Wisconsin home or need a Madison Wisconsin refinance, please call me at 920-623-9245 or visit my site: frankpabon.com or wi-mortgage.com!

 

 

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