“Eliminating Mortgage Insurance”

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

“Eliminating Mortgage Insurance”

 

Hi Joe,

I think it is time. We purchased the home 15 months ago and as we discussed back then the goal was to refinance as soon as possible.

I have made all the improvements, many of which will add value and with the appreciation that has been going on, we should be able to eliminate mortgage insurance which is just over $200 monthly. What do you think?

 

Appreciation has certainly been a friend to homeowners. Over the last couple of years I have coach clients to consider refinancing their mortgage that had mortgage insurance at the time of the purchase. Don’t wait for interest rates to go up, take advantage of the opportunity!

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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

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

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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.

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Comments (3)

Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Great topic and great information Joe!!! Thanks for sharing!

Don’t wait for interest rates to go up, take advantage of the opportunity!

Jan 24, 2022 03:25 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Joe. Appreciation due to inflation can work in your favor. Pressure to raise rates should make the time, now! Enjoy your day. 

Jan 24, 2022 05:23 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Thank you for the post, have a great Monday and we need rest after those wild four Football Games this weekend. WOW. bill

Jan 24, 2022 05:55 AM