Posts

Two Refinance Options Every Homeowner Should Know

Know Your Refinance Options Because of the current low rates, refinancing has become very popular. Homeowners wanting to take advantage of these low rates should know about their refinance options. When you refinance to lower your rate or improve your mortgage terms, you are doing what is called a “rate and term refinance.” With this […]Read More

“I’m 8 Years Into My Loan & My Rate is 3.625%, Should I Refi?”

JVM: READY FOR REFI’S! First and foremost, JVM is open and ready to take on ALL refinances again! We had to temporarily shut them down last summer simply b/c we locked in so many that we swamped our system. But, now that we have cleared out our pipeline, aligned with a new (much faster) mortgage […]Read More

The “No Out of Pocket” Scam; Worst Advice Ever!

Borrowers often send us refinance proposals from other lenders to review so we can either beat the proposal or give our blessing. One of the things that always scares us the most is this phrase: “there will be no out of pocket costs…” This often means the loan officer is charging outrageous fees and just […]Read More

How & Why We Offer “No Cost” Refi’s

Nobody, and I mean nobody, expected rates to fall this much in 2017. When rates do fall, we reach out to all of our eligible borrowers and offer the option to refinance – usually at “no cost” (where JVM pays for all non-recurring closing costs). Borrowers sometimes wonder how we get paid when we offer […]Read More