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THE BEST PRO-TIP TO SAVE YOU THOUSANDS OF DOLLARS

For all the people lining up to refinance their homes or to sell and take advantage of the low rates, here’s a pro tip that will save you thousands of dollars and you’ll only hear it here from us!



Recently, We just saved a client 6K on their 20K penalty by using two lump-sum payments. The client was supposed to pay off their current 3.74% mortgage on January 31st, but their original mortgage anniversary date was February 1st. Identifying his anniversary by his current mortgage and structuring the purchase to close one payment period after it allowed us to do a lump sum payment before the anniversary and after the anniversary date. Totaling a 30% reduction on their mortgage, thus reducing their penalty by 30%.


Not everybody can afford to do this as you do need access to a large sum of money, a line of credit on your home, or a family member. You will need to borrow the funds for as little as two weeks but the overall savings is dramatic. Obviously this case by case, but the bigger your mortgage, the bigger your savings. For example, we saved 6K for that client with a 300K mortgage, so you can imagine if you have a larger mortgage you could save much more.


Bottom line: Tap into the knowledge of a professional mortgage broker. We’ll help you determine what option will cost the least to you since we work for you. You probably won’t get this tip from your banker, we want to save you thousands of dollars and put the savings back in your pocket not theirs!

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GETTING A MORTGAGE IS EASIER THAN YOU THINK

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