Your mortgage is like a race. You are trying to finish all the laps in the least amount of time as possible. Think of laps in a race like years on a mortgage. Your goal should be to get the mortgage paid off as quickly as you can, and pay the least for it. The Home Loan Expert, Ryan Kelley, is here to help. With a mortgage on a new home or a refinance right now, you can save hundreds of dollars per year. There are quite a few reasons why right now is the best time to win this race.
In racing, drafting (following behind another car to lessen wind resistance) is a great way to get ahead and build up speed. In the mortgage industry, drafting is also a great way to get ahead and build up speed. However in the mortgage industry drafting is used to lower your rate and cut years off your loan. You can always “draft” behind low interest rates to make sure that you’re going to pay the least for your mortgage. Making sure that you know that you’re getting the lowest interest rate on your home loan by following the trends is a great way to do it.
Every race has curves. The track curves, obviously, but also there are random issues that come up during the race. Your life is the same way. Knowing what your mortgage will be every month helps you to keep ahead of the pack, letting you plan ahead month to month and budget accordingly for your bills. This is why we lock you in at the lowest possible rate, and give you cost certainty every month.
Just like in Indycar, life moves at high speed. Make sure that you keep your mortgage in top shape by keeping an eye on your rates and adjusting accordingly. Keep an ear to the ground and when you hear guys like me say “NOW is the time to refinance”, take a look at it. Get your mortgage statement out and see what your interest rate is. If you have an FHA loan, is the PMI 1.35% or .85%? This makes a HUGE difference in what you pay monthly, and could save you thousands over the course of the loan.
The Home Loan Expert, Ryan Kelley is here to help Indianapolis homeowners win their mortgage race. We will get you the lowest interest rate on the best loan, and help you stay gassed up and keep your tires filled. Call us in Indianapolis at (317) 550-1515 or apply online at www.thehomeloanexpert.com. Nobody makes it easier to refinance or buy a new home than The Home Loan Expert, Ryan Kelley.