Did you know there are special discounts in rate available through specific mortgage lenders when you live in designated areas?
Solution: .50% lower rate found by Dan the Man for Mortgages
Example: Jon was looking to refinance his condominium from 3.50% to a lower rate to save money.
Quotes by various lenders with no points:
- 3.125% rate, 3.278% APR at big bank
- 3.125% rate, 3.243% ARP at credit union – Jon’s lender
- 2.875% rate, 3.047% APR at mortgage lender
- BEST 2.625% rate, 2.712% APR at one unique lender
How did he get 2.625%? Because Dan the Man shopped all types of lenders to find the best deal. Dan beat Jon’s lender by .50%, a credit union at 3.125%. Jon’s address was in a census tract area designated by the US Census Bureau which are designed to give equal credit access to consumers, target underserved neighborhoods, lower-income households, and minority populations. Specific lenders offer lower rates on these loans because they receive special incentives from our government.
Jon will save $127 a month in his payment or $45,720 over 30 years.
When you want the best loan program at the lowest rates and fees, call Dan the Man for Mortgages, 714-310-4162.
A recent rave review:
“Dan Stone helped me get refinanced for my home when no other avenue was working for me. Through the entire process, he was available for any and all questions I had, and my process took nearly three months. When I could not get an answer from my lender, Dan was there to help facilitate and get me the information I needed. As the process finished, he also assisted with additional information for home equity and helped guide me to a better credit. Dan truly was a great asset, and without him I could not have gotten my refinance completed. He was able to help despite my home being in another state. Thank you, so much, Dan the Man for Mortgages!” -Stephen T.
“Dan Stone helped me get refinanced for my home when no other avenue was working for me. Through the entire process, he was available for any and all questions I had, and my process took nearly three months. When I could not get an answer from my lender, Dan was there to help facilitate and get me the information I needed. As the process finished, he also assisted with additional information for home equity and helped guide me to a better credit. Dan truly was a great asset, and without him I could not have gotten my refinance completed. He was able to help despite my home being in another state. Thank you, so much, Dan the Man for Mortgages!” -Stephen T.