Idaho Home Loans -- Freddie Mac Comes Through!

by joswald 29. September 2009 11:36

Over the last three months we've had several calls from people just like you wanting to refinance, but because they're current appraised value is as high or higher than their current loan, there was nothing they could do.

That is until now!!  

Starting October 1st Freddie Mac will allow servicer to servicer refinances up to 125% loan-to-value!

What does this mean to you?  Well, chances are good that Freddie Mac owns your loan and if that's the case then you need to listen up close!

See, before now in order to participate in the REDICULOUSLY LOW interest rates you had to return to your current bank.  In a lot of cases, those banks were out of business or no longer originating any new loans...so you were basically out of luck!

Now, however we have a solution for you.

You need to immediately go to https://ww3.freddiemac.com/corporate/ and check to see if Freddie Mac owns your mortgage.

If Freddie owns your mortgage and you're wanting to take advantage of interest rates currently as low as 4.75% then give me a call right away.

As always, these rates won't stick around long...maybe not even through the end of the day, which means if you don't act right now it could end up costing you thousands of dollars over the life of your loan.

I know, I know...you hear that line all the time, but in this case it's actually true.  

Did you know that a difference of only a half percent (.5) on a loan of $200,000 is a difference of nearly $23,000 over the life of your loan?  TWENTY-THREE THOUSAND DOLLARS!!!  That's a new boat, or a couple trips to Europe or part of a college education!

Take advantage of these rates right now!  And if you think this could help a friend or neighbor then feel free to forward this message to them as well.

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