What a weird, confusing and funny word. What exactly does it mean, and why should you care? What if I told you that by “refinancing” your current mortgage could potentially save you tens of thousands of dollars in the long term. Would you want to learn more? I thought so.

What is it?


Refinancing is not new. I discovered that I myself never truly knew what a Re-Fi (or refinancing) a mortgage was truly about and how it can be beneficial. A Re-Fi is a replacement of an existing mortgage obligation with a different mortgage obligation under different terms. This means renegotiating your mortgage to replace it with more beneficial conditions. If you have purchased a home in the last few years, even up to the last year, a Re-Fi may be the best thing to happen to you.

Why should you care?


Most people think I refinance is only for people paying of credit cards or lines of credit, and although this is a GREAT idea, as serious money gets saved.  What most people don't know, you don't have to pay off credit cards to save.  If your mortgage is higher than could be leaving ten of thousands on the table in interest.  Seriously, one of my clients saved $24,000!  Just by refinancing...simple.

Will it help you out?


Let’s put it into a easy to understand case study to see if it is worth exploring.

Imagine you took out a mortgage 2 years ago at 3.99% on a $230,000 mortgage.  If you were to  refinance that mortgage today, even after you paid the $4000 penalty for terminating your current agreement, you could save over $24,000 in the next 5 years. I will repeat that, $24,000 in the next 5 years.

I want to save $24,000...How do I do it?


It's simple.  I will have one of my mortgage professional contact you.  Because you know me, they will do a mortgage analysis FREE OF CHARGE.  There is no obligation, and it is easy.

If you are currently in a 5 year term of a mortgage and have been underway in it for about 2 years or so, this is an avenue you definitely want to look down. This will benefit you long term, should the numbers work out, in lower monthly payments, paying off your principle faster, and of course, saving money over the long term.


Until next time,



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