At Trust in Equity, our mortgage brokers work with different lenders to get you the payment you want and the mortgage you need. Start your free application and let Trust in Equity work for
Just because you've received the lowest mortgage rate from your broker, doesn't mean you're getting the best value. Contact Trust in Equity today to find out
If you revisit your mortgage every 3 years for mortgage refinance opportunities, you may be missing out on a chance to save money or pay off your mortgage faster. Trust in Equity offers Free Consultations for
The Benefit of Revisiting Your Mortgage in Different Economies We continue our video series this week with Dan and Larry. They discuss why homeowner’s should consider re-approaching their mortgage in today’s economy, healthy economies, and bad economies. Check it out: *below is a transcription of the video. Reviewing Your Mortgage in the Present Economy A lot of people are getting notifications right now that their home values are up. Be it from realtors listening to them or maybe tax values are going up. That's a good indication that it might be time to take a look at your mortgage. People that have purchased in the last 2-5 years may have the situation where they don't have 20% down, so they're paying PMI (Private Mortgage Insurance). With the values of their home up, if we sit down and take a look at their mortgage, we may be able to reset it without the Private Mortgage Insurance (and cost that comes with it). Resetting Your Mortgage in a Healthy Economy Can Make A Difference Many homeowners are under the assumption that you would take a look at your mortgage again in a bad economy, to stay secure. This is a smart thing to do, but the reality is that you should be reviewing your mortgage for potential refinancing in any fluctuating economy, especially a healthy economy. It could make a difference of a couple hundred dollars a month on some people's payments. That really adds up over time! If you're looking for
Do I Need to Revisit My Mortgage? The Mortgage in the Drawer dilemma. Have you ever considered trying to lower your monthly mortgage payments? This week we continue our video mini-series to help answer common questions on mortgages: purchases, and refinances. Refinance options can help lower monthly payments on your mortgage, or even aid in securing a better rate. This video is about The Mortgage in the Drawer Dilemma, watch it below and learn why you need to consider a refinance: *Below is a transcription of the video. The Mortgage in the Drawer Scenario: As we talk with people, we often find those who have a mortgage, maybe six to ten years old, and they haven't done anything with it since, ever. They have literally put the paperwork in a drawer, in a file, and have never touched it again. What are the Benefits of Pulling Out the Mortgage Papers? All About the Amortization Schedule If you never look at it, you're going to be paying the amortization schedule on the original principal of your loan. So, it depends on what your rate is - if you bought back when rates were 6-8% percent and maybe you borrowed $200,000 – you’re paying your mortgage off of that amortization schedule. How We Find Value in "Old" Mortgages. At Trust in Equity, we take a look at your mortgage and review it. Maybe the rates have now reached a point now where it makes sense for you to refinance, but more importantly
What does a first time home buyer need to know before going through with a mortgage? It's not as stressful as you think. Especially when you work with Trust in Equity.