VA Loans / Refinance...

[Eagle5US]

Not a solicitation, but a recommendation based on my near 20 yrs experience with my mortgage guy Jeff Smith, previously with National Bank of Kansas City.

I now have had SIX :eek:loans through Jeff ... he is up and running with a new company:

United Fidelity Funding

Same incredible service he has always provided...his focus is VA and Veteran lending and Re-Fi. He did my Re-Fi last year down to 2.75% fixed, no fees rolled in, skipped 2 payments, PLUS got my escrow back in the form of a check. I think rates are even lower now!

I HIGHLY recommend him if you (or family / friends) need a quality mortgage guy. I've worked with him for 20yrs for my loans - ALWAYS top notch.

Jeff Smith
jsmith@uffmortgage.com
913-449-7364 (cell)

I recommend him without reservation. Give him a shout - he may be able to save you some serious money.

When you get consistent personal service for near two decades - it's a good bet to share, especially with the maze of mortgages and Re-Fi.

[glebo]

Hmm, thanks..the wife and I were contemplating a refi. We just really didn't know where/who to start off with. Other than our bacnk...but I may look into this..

We'll see.. We're at 3.75 now. I'd really like to go to a 10 yr, our last refi was for 15.

[CW3SF]

I used Freedom Mortgage for a 2.25% refi, no points and no fees. And just an interesting FYI, 2.25% is the first rate where you actually pay more principal than interest even on the frontend of a 30 yr note.

[LongWire]

I used Freedom Mortgage for a 2.25% refi, no points and no fees. And just an interesting FYI, 2.25% is the first rate where you actually pay more principal than interest even on the frontend of a 30 yr note.

When did you do this Brother?

[Badger52]

That's good information for folks in that position. Nice to have folks that render that kind of service in the current world of "the actual bank with your note is likely to change 8 times over 20 years."

The Ramen were worth it but banging on the principal more than less and owning one's roof pre-retirement is so bitchin' I can't even describe it.

[Eagle5US]

I don’t know what the rates currently are-
But I am certain Jeff can get the lowest avail for those who qualify.

He is good people, not “just a bank”...

[Penn]

So timely, we have been in the market with extreme conditions to satisfy, finance the #1 concern. Thank you, we will be calling your reference. THX, d

[Eagle5US]

So timely, we have been in the market with extreme conditions to satisfy, finance the #1 concern. Thank you, we will be calling your reference. THX, d

Wonderful to hear. Hope he can help out!
BTW-
Still remember the AMAZING dinner in TN!

Stay well-

[Penn]

Let's do another in the near future. There's a couple of other Brother's that are in touch in that AO. All we need is heat and libations.

[Eagle5US]

Plenty of both my friend👍

[JoeyB]

Thanks for the recommendation on Jeff's service. I refinanced through him last month. Great service and knows his shit. I called him and 3 others, including USAA and he was on it.

[Costa]

For those who are looking for a resource on this:

http://www.mortgagenewsdaily.com/mortgage_rates/

This daily survey provides a rate spread of where mortgages are being executed.

Last year I was able to get a 2.75% with a little over a point in a credit back to me on a cash out refi. Used the proceeds to build a pool and I'm already back to 20% equity on my loan a year later. (only have had the home for 4 years total)

Pay attention to the cost to the lender (points). Smaller private lenders generally are better than big box lenders. I used a local guy that I've done 4 loans with, and USAA, New Day, and Veterans United could not touch the deal. Sure they could get a lower rate (I believe 2.25 was on the table back then), but the cost would have outweighed the benefit. It's not all about rate...

[Badger52]

Pay attention to the cost to the lender (points). Smaller private lenders generally are better than big box lenders.Not certain if germaine to this particular lender, but we found a long time ago that smaller and/or local was the way to go due to much less likelihood that the latest pirate would come along, buy the company, sell off the notes to be managed from Zagreb and the individual customer be damned. For us, in this area, "less" has been more.