How do you know if refinancing is a good move?

Post author:Vision
Post published: January 29, 2020
Post category:VMC Blog & Newsletters

Armando Barbosa

Vision Mortgage Company, Ltd

(210) 348-0077

Could refinancing save you money?

If you’re a homeowner, you might think that all the recent talk of low mortgage rates doesn’t affect you. But that isn’t true — they may be your key to savings.

Even if you had a sizable down payment or received a competitive interest rate at the time, refinancing your home now could mean saving thousands over the life of your loan. Ask yourself these four questions before making up your mind:

Fannie Mae and Freddie Mac both have programs that require as little as 3% down. That’s even lower that FHA!
Plus, there are no upfront mortgage insurance fees and PMI gets automatically cancelled when you pay the loan balance down to 78%.

To find out more about these exciting programs and others like them, call us at 210-348-0077

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Armando Barbosa | Vision Mortgage Company, Ltd
Mortgage Loan Originator/Partner
abarbosa@satx.rr.com
7800 IH 10 West
Suite 112
San Antonio , TX 78230-4768
Phone: (210) 348-0077
Mobile: (210) 823-5626
NMLS 340140