To Refinance or Not to Refinance?

Refinance

To Refinance, or Not to Refinance... that is the question!

When starting to think about a refinance, there are some key things we need to know.

Want to get started?

Please answer below a few questions that help determine if this is the right time to refinance. I will log on to your appraisal district and get a value idea for your home. (The numbers on-line at the appraisal district are not the best reflection of your home's value, which is why I ask you below what you think your home is worth.)

Yes, it looks like a bunch but a necessity for us to get a ballpark.

* Required

Refi

Name *

Cell Phone Number

Email Address *

Home Address

City

State

Zipcode

What type of loan are you in now, i.e. FHA or Conventional 30 year fix or an ARM?

Have you ever pulled cash out of this home?

The balance of your loan on your last mortgage statement

Current Interest Rate

The payment you make on that loan

Does that payment include an escrow account?

Tell me the breakdown of that payment, what is Principle and Interest and what/ if any, amount into escrow

Does this loan have PMI or MIP, if so, what is that amount per month?

Do you want an escrow account for this new loan?

Yearly taxes for the home

Yearly insurance for the home

Is there a 2nd loan, and if yes, was that loan taken out with the purchase or after?

If so, what is that balance, rate, type of loan and monthly payment for this loan?

What was the Month and Year you bought this home, and the purchase price?

How much was your down payment when you bought this home?

Care to guess at what your home is worth today?

How long do you plan to live in this home?

Is your goal of this new loan to lower the monthly payment or the years you are in the loan?

How do you rank your credit; Excellent, Great, Good or Fair?

How did you hear about The Frisco Mortgage Guy®?

Call Geoffrey Davis, The Frisco Mortgage Guy today 214-529-9622

Frisco Mortgage Guy® is a registered US trademark owned by FriscoMortgageGuy.com, LLC.

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Geoffrey Davis is its owner and is licensed by the Nationwide Mortgage Licensing System #206192

Geoffrey Davis is an Independent Life Insurance Agent with Davis Family Insurance, LLC

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