Is This Mortgage Proposal Good for Me?”
Your name was given to me by Peter XXXXXXXXX, I happened to be telling him about my interest in refinancing. He recommended I call you to find out if the deal that Quicken offered me is good for me, they hold my current mortgage. They offered me 4.625% and charging me 2.125 points which is just over $4000, plus the various other fees, all together $7098. When I include my escrows and other fees I’m up to $13,937. At your earliest convenience can you communicate back.
So often folks that are considering a refinance will contact their current mortgage holder thinking they will offer them the best deal. This thinking couldn’t be further from the truth. Your current mortgage holder isn’t stupid, they know you are thinking just that.
I took Phil’s mortgage application, his rate is 4.375% with no points, all his closing costs are $7200. A savings of almost $7000.
“WHO ELSE DO YOU KNOW THAT NEEDS MY HELP?”