“15 or 20 Year Refinance Term”
Hi Joe, When you get a moment, pull my last refinance file and let's re-run my credit to try and lower the interest rate on my house mortgage. My credit scores are closer to the 750 mark now. Interest rate should come down drastically. See attached estimate at last refi. Property value should be no less than $480,000 now. Check on a 15 yr, 20 yr, 25 yr and 30 yr terms.
Especially over the last 6 months, many of my clients have chosen to lower the term on their current mortgages. Often with the lower rates, the payments going to a 15 or 20 year mortgage is near what their current 25 or 30 year mortgage payments. That saves thousands of dollars of interest. The savings is better in your pocket!
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