Why would my mortgage company offer to lower my rate
My mortgage company called me out of the blue and offered to lower my rate without me even asking. by keithhak783427 from Hillsville, Pennsylvania. Mar 27th 2015
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions
Most all loans are securitized and sold on the open market. (Fannie Mae/Freddie Mac). your lender is more than likely just servicing the loan, Once a loan is sold off, they have already made their money.. they would make a profit again if they refinance your loan.. but don't fall into that trap.. the loan might be a little easier with them, but you might get a better deal if you shop around.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com
Linda Wintersteen (Linda123)
#63 ranked lender in Arizona - 1,256 contributions
THey , the service r or company, might have a run of fo closures and they are working on keeping the portfolio healthy.. take advantage of their offer linda
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