The Story of why Sarah (almost) jumped out of her chair.*
I know it sounds too good to be true, but when Sarah (name changed), saw the results of her personal Cash-Out Strategy analysis, she shouted “That’s a total NO-BRAINER!” While (almost) jumping out of her chair.
That’s because our proprietary Cash-Out Strategy Analysis, (which analyzes and recommends often-overlooked money saving opportunities on conventional mortgages), suggested a plan with jaw-dropping results.
Her custom Cash-Out analysis recommended a fixed rate 27 year loan rather than a typical 30 year. It kept her new payment manageable and and a new payoff schedule she was delighted with.
What else did Sarah get when she closed on her new home loan?
Cash she used to consolidate her other consumer debts that reduced her total monthly payments by over 450/mo
She got a lower mortgage interest rate
A new loan schedule that saves her a whopping 45k in interest compared to her old loan interest schedule.
New repayment term that pays off one year earlier than planned.
When she saw the recommendations of the Cash-Out Strategy Analysis, she almost jumped out of her chair with excitement!
Using the Cash-Out Strategy analysis tools, she was able to see that moving her new loan to a custom term did all those amazing things. So simple, yet incredibly effective.
You can now see why she had that outburst. Who wouldn’t?
It was fun to watch, like it always is.
For her, it was like getting her cake and eating it too!
Look, you get it. Every scenario is different, and results will vary based on many individual variables. This is an example of possibilities. In fact, in some cases it makes sense to NOT do a refinance.
The key to Sarah’s new mortgage results was that the cash-out analysis found that setting her new mortgage up as a 20 year loan would pay off faster and with less interest than her old mortgage, even though she was raising her loan balance. It was a move she had not considered, but in her case in made a ton of sense.
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