Did you purchase a home within the last two years and get a high rate such as 7.375% on a 30-year fixed rate like my client Joe?
Joe was able to refinance NOW down to 5.625% and pay NO points and NO lender closing costs by using a very unique lender loan program. He’s saving $1,840.71 per month for the life of the loan.
Loan program details:
- $1.6 million loan amount
- 5/1 ARM @ 5.625%, no points, 5.749% APR
- $3,754 rebate paying ALL LENDER CLOSING COSTS*
- Los Angeles, Orange, Riverside, San Diego, San Bernardino, Ventura County residents in CA
Based on $1.6 million loan amount, 760+ FICO, $2.6 million home value to compare the payments:
- 5.625% rate = $9,215.55 principal & interest payment
- 7.375% current rate = 11,056.26 principal & interest payment
- Savings = $1,840.71 per month for life of loan versus 5.625% rate
- Savings for 12 months = $22,089 + $3,754 closing costs credits = $25,842 total
This was a referral from a Financial Advisor friend, looking out for his best interests.
Call me at 714-310-4162. When you want the BEST loan program at the lowest rate and fees, Dan the Man for Mortgages is the solution.
* If payoff loan within 36 months, payback prorated portion of $3,754.
Rave client review:
“I am a real estate broker and I have referred many of my clients to Dan Stone. It has worked out so well that I used him for a refinance on my property! My clients have all saved money from what they were being offered from their current lender and the process was easy. Dan has top notch lenders and loan officers at his disposal and many times access to pricing that doesn’t exist for normal shoppers. Do yourself a favor and call Dan to see what he can do for you. Chances are he is going to save you lots of money!” -David F.
“I am a real estate broker and I have referred many of my clients to Dan Stone. It has worked out so well that I used him for a refinance on my property! My clients have all saved money from what they were being offered from their current lender and the process was easy. Dan has top notch lenders and loan officers at his disposal and many times access to pricing that doesn’t exist for normal shoppers. Do yourself a favor and call Dan to see what he can do for you. Chances are he is going to save you lots of money!” -David F.