Saturday, August 18, 2012

How to calculate your mortgage pay off options

Bill Rayman offers professional consultation to help you get the best mortgage rates in Los Angeles. In this 4 minute video, Bill answers the question: what is the best mortgage pay off option for me? 
In plain language, he describes the difference between paying the discount fees to a bank to buy down your interest rate, and making accelerated loan payments, and talks you through how to calculate which is in your best interest. 
If you are looking to buy or refinance in Los Angeles, talking with an experienced and credible mortgage broker may help you to save money and avoid financial mistakes or predatory lending in the mortgage loan process.

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