It’s not too late for you to refinance and lock in rates at historical lows.
CHOOSE GOOD GUYS FINANCIAL FOR OUR “NO POINTS NO CLOSING COST LOAN” PROGRAM
The way a no points no closing cost loan works is that for a slightly higher interest rate, you can refinance your loan for absolutely no money out of your own pocket. That means the slightly higher rate is used to pay for your escrow, title, appraisal, credit check, and all the other fees associated with a loan.
How It Works
- (Example) If your current loan balance is $300,000 it will be $300,000 after your refi, except you’ll have a lower rate. The way we’re able to do this is because the borrower gets a credit for interest rate chosen and from that, all the non-recurring closing costs are paid, whereas our competitors make the full 2.5% on average and charge the borrower closing costs.
- Additionally, because of the nature of the no points no cost loan, we can refinance ALL of our past clients every time the rates drop, since it never costs anything to refinance them again, so we usually have a lot more business in repeat customers, as well as referrals from past customers.
On average, our customers have refinanced 4 times with us since 2008.