Is This Mortgage Proposal Good for Me?”

Mortgage and Lending with Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 NMLS # 6869

Is This Mortgage Proposal Good for Me?”





Mr. Petrowsky,

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.




Posted by

Subscribe to my blog via Email:


Enter your email address:

Delivered by FeedBurner


Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294


Like me on facebookfollow me on twitterConnect with me on linkedin

Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Mortgage / Finance
Mortgage Solutions
Connecticut Professionals

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Joe Petrowsky wow...what a difference right across the board....great job.... buyer beware and not assume your current mortgage co. will do you justice.... it's often an injustice.

Aug 12, 2019 03:10 AM #1
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Joe. It pays to shop around. The best way is to let a mortgage broker do your shopping. Enjoy your day 

Aug 12, 2019 05:32 AM #2
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

Good Morning Joe. Shopping for the best rate is especially important these days.

Where else can you save $7000 for just a couple of minutes of your time

Aug 12, 2019 07:26 AM #3
Anna Banana Kruchten CRB, CRS 602-380-4886
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana!

Hi Joe I just talked to someone today that did exactly that - contacted their current mortgage holder and got a high rate plus points. I suggested they call a local lender - totally different offering way WAY lower and no points.

Aug 12, 2019 02:25 PM #4
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

That a great outcome! I am so glad that you are able to help them - that is awesome! 

Aug 14, 2019 05:22 AM #5
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Joe Petrowsky

Your Mortgage Consultant for Life
What mortgage questions can I answer for you
Spam prevention

Additional Information