mortgage professional: Know Your Options When Refinancing
- 01/30/08 01:31 AM
I have a client, let's call her Heidi. Heidi is a very successful business owner who needed to refinance her home in order to pull out equity to use in her business expansion plan. Her accountant counseled her that utilitizing her home's equity would cost less in interest, and would be less of a hassle to obtain than an SBA loan. Let me show you how this scenario played out, and why if you want to work with a mortgage professional, my advice would be that you CHOOSE ME. Heidi's current loan is a 30 year fixed at 6.75%. She owes $188k on … (0 comments)
Tuesday, August 12, 2008
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