Deal Of the Week: Refinance, Cheaper Interest Rate, Preapproval for Investment Property.

Deal Of the Week: Refinance, Cheaper Interest Rate, Preapproval for Investment Property.

✅ Client Situation:

• A family faced a tragic life event that led to unexpected expenses.

• Missed mortgage and credit card payments, severely damaging their credit rating.

• Forced to refinance with a high-interest lender at 8% (now 7.98%) due to poor credit.

✅ Solution & Results:
1️⃣ Immediate Refinancing → Securing a new loan with a 5% interest rate (aiming for 5.69%-5.75%).