Next, I would recommend that you engage the services of an attorney that can evaluate the offers from the lender, making sure you are getting a good deal, and close the loan for you, while representing you. This is a big difference. An attorney actually represents your best interests; a banker, title company, or mortgage broker, DO NOT. Can you see the difference? A good real estate attorney, especially a FUND member, will be able to advise you as to ALL parts of this equation. And the whole time, do so while looking out for you!
I sincerely hope this message assists you. And if you are experiencing difficulties with a mortgage, all the more reason to seek out this very same kind of professional advisement. There are several offices in Miami that can provide these services including ours. Ask questions such as "Has your office handled my set of circumstances before?" or " May I have a free initial consultation?" Good luck whatever you decide.
I could go over all your options with you and show you the payment differences as well as your cash to close differences to allow you to make an educated decision in which option you should go with. Far too often I see people want to spend way too much of their hard earned savings they already have to save far too little on a monthly basis. For instance...if you have $20k cash today but take that cash to pay down your principal for a $100 payment difference, it will take you over 16 years to recoup the savings you paid out. This is money that could also be used in case of an emergency, can be gaining interest, etc.
Feel free to give me a call to go over all your options.
Reasons to choose Carrington Mortgage:
Industries lowest rates and fees
Fast service - 25 day close on time pledge or $500 off closing cost
Direct lender - no middleman/no broker fees
Non-traditional credit ok
First time home buyers welcomed
Reasons to choose me:
Over a decade of experience
Assisted over 1,000 clients
Funded over $100 million in loans
Local trusted expert for FHA, VA, Conventional, USDA, and Jumbo Loans
Joshua Lerette - Sales Manager
Carrington Mortgage Services, Inc.