Loan Test #1 - Move at the right rate.

A homeowner wants to refinance their mortgage to lower their rate but wants to wait until the moment rates fall below a certain level.  With our Rate Watcher Loan Analysis, our mortgage team will continue to watch certain interest rate levels and e-mail or contact the homeowner with a comparison of current market rates and what their monthly savings would be.  Based on current market data, the homeowner can make a more informed decision and has the opportunity to lock-in the rate they were looking if now is truly the best time to refinance.  

Loan Test #2 - Benefits of consolidating debt.

A homeowner wants to refinance their loan, to lower monthly payments.  However, they're not sure if consolidating their credit-cards and other debts into their mortgage makes financial sense.  With the Consolidation Analysis report, we can show the homeowner how paying consumer debt through refinancing can be very beneficial, and help save them thousands of dollars from incurred interest and expense.  

Loan Test #3 - The true costs involved with a mortgage.

A homeowner is not sure which mortgage rate/cost structure is best for their situation.  Unlike what you may have heard from the news media, the lowest rate is not always the best loan.  With our Total Cost report, we provide a comparison of 3-4 rate/cost scenarios, allowing the homeowner to pick the one that best fits their lifestyle and future plans.    

Loan Test #4 - Receiving more benefits from your mortgage.

A homeowner is purchasing a property with less than 20% as a down-payment (This would require Private Mortgage Insurance or PMI), but would like to know their available options.  With our PMI Comparison Analysis report, we can show how doing a 1st and 2nd Trust Deed combination instead of PMI will reduce monthly payments, increase tax deductions and increase equity. 

Loan Test #5 - Equity Repositioning

A client is concerned about living paycheck to paycheck, and is considering either ending monthly investment in their retirement account/investments or canceling an insurance policy to free up monthly cash.  With our Equity Repositioning report, we can show how refinancing and continuing to contribute to their investments can both increase monthly cash flow, but  also help them invest more fully in their financial future.