Alex:. Woho. We got a good topic for all you homeowners out there. Refinancing. That's right, friends and family, If you've owned a home for what, six months or more?
Alex:. you possibly you can possibly qualify for a nice refinance, but now the interest rates are low and there's something you and I were talking about your, you were saying that if you owned a home, have you purchased a home eight months ago or so?
Gordon:. Yes, actually purchased a home eight months ago. I have a customer who did that purchase home eight months ago. Rates were actually a lot higher and we were able to help him refinance his loan, from 4.875, all the way down to 3.5% saving him $272.
Gordon:. Now, Alex, would you be able to call your landlord and asked him [inaudible]
Alex:. No, but hello, mr. landlord? I wanted to know, can you drop down my rent? and he like "get outta here and go kick rocks." No, it's not a possibility if you're renting a home. So that's the beauty of owning and purchasing your own home is if your interest rate might be high in the beginning, but you're able to, you know, minimize those payments, uh, through doing what refinancing…
Gordon:. Refinancing, lowering the payment that you thought you never can make, but by lowering your payment, and becomes easier and easier as you continue to own your home.
Alex:. That's something that my sister and I did with our first home Is that, you know, we were like so scared on my God, our payment's gonna be so high. But luckily we were able to refinance, uh, as our credit got stronger as a, we became, uh, more seasoned and refinance or album drop dropped our payments down. And gosh, it's incredible right now. So friends and family, if you need to refinance your house, call this guy Gordon Cooper, New American Funding. His information will be down below. Is there anything else you want to add to that?
Gordon:. No, now's is a great time to call. Interest rates are low.
Alex:. There you go. I mean, can't get any more black and white than that. If not refinance, then they could sell their house and then buy another one. Right?
Gordon:. That's true. If you are looking up, move up. Now's a great time also to do that because you might have a higher rate and we'll get you a low rate with a good payment.
Alex:. Bam! Alright. Friends and family. Once again, this is Alex Ortiz from Sunset Homes Real Estate. This is Gordon Cooper, from New American Funding. If you have any questions, his information will be below. and a contact him for any loan questions. you can contact me too. I'm always here to help. Have a good day. Bye.