One of the biggest mistakes you could make in relation to your mortgage is to ignore reviewing and evaluating your mortgage every two years.
As new lenders and products are released into the mortgage marketplace, the lenders have become fiercely competitive. In a bid to attract borrowers, lenders are continually releasing highly competitive offers, with superior loan features and highly competitive interest rates.
If you haven’t reviewed your home loan in the last two or three years, you could be missing out on approx. $250 savings a month as a result of a simple refinance. Of course, the savings depend on the size of your loan.
Please don’t be daunted by the concept of refinancing; the process is very simple. Don’t forget, I take care of all the paperwork for you!
If you haven’t reviewed your mortgage for the last 2-3 years, a 10-minute phone call between us may well be worth your while.