Ex-fan favorite Tiger Woods moved into his new apartment in downtown Manhattan over the weekend, Us Magazine reported. The move came less than a week after the golfer finalized his divorce from wife Elin Nordegren.
Tiger reportedly also took out a $54 million loan to help fund his new bachelor-pad mansion in Florida.
Chances are most of us can't afford a Manhattan loft and a $54 million mortgage on a Florida mansion. Good news is there are a number of options for homeowners to get some financially stability and security- even in this downed economy.
Refinance with New York Mortgage Loans
Mortgage rates are at record lows. Really, rates haven't been this low since the very first McDonalds restaurant opened. No one is sure how long low mortgage rates are going to last, but there's no denying that the time to get started on that home refinance you've been wondering about is right now.
While many are extremely cautious with any large financial decisions because of the faltering economy, I think everyone should at least consider refinancing before rates go back up. As good friend and mortgage expert Jeff Perry Quicken Loans says, "Rates may never be this low again!"
Work with a New York Mortgage Loans Professional
Tiger realized it. You should too. Evaluate your financial situation and see if refinancing or purchasing with New York mortgage loans is the right choice (it probably is). Refinancing will save you cash by lowering your monthly mortgage payment. Depending on your financial situation, you could save thousands in interest by locking-in a lower rate.
As a Quicken Loans home loan expert licensed in New York, I have helped many clients buy a new home or refinance into a lower monthly mortgage payment with Houston home loans. Whether you're looking for FHA Loans, VA Loans, fixed-rate, or adjustable rate mortgages, if you're ready to move forward get in touch with me at Quicken Loans today!