FAQ’s
- What is the Mortgage Adoption Center?
The Mortgage Adoption Center is a complimentary service that gives you peace of mind for your mortgage. We are your constant watchdog as well as your advisor with the details of your loan program and the ever changing financial markets. We will alert you not only when it’s time for you to save money on your monthly mortgage payment, but when it’s time to cancel your mortgage insurance or when it’s time for your loan to adjust. Every aspect of your loan will be covered and never an opportunity missed when the Mortgage Adoption Center is working towards your financial future.
- How does the Mortgage Adoption Center work?
Using loan analysis software paired with our own market expertise we constantly monitor your loan’s position in the marketplace. As the market changes or a timeline comes due, we will send you an alert through email, phone call and/or mail, allowing you to take advantage of any and all opportunities. - Why the Mortgage Adoption Center?
Being a Mortgage Broker, homeowners frequently tell me they never hear from their mortgage professional after closing and most can’t recall their name. To me, developing long lasting relationships with my borrowers is just business as usual.With all the bad press about the lending industry, this is my opportunity to bring some positivity for borrowers. Even though you may have not used my team for your current loan, I offer this free service to build your trust as a Mortgage Advisor and resource.
- How much does it cost to join the Mortgage Adoption Center?
It’s free!
- What is a no-cost refinance?
A no cost refinance is where the lender or the Mortgage Broker pays for all of the borrower’s closing costs. You do pay a slightly higher interest rate than if you paid some of your closing costs or financed the costs into your loan, however.Even though you receive a higher interest rate with the no cost refinance, we are still lowering your current rate at no cost to you. We will pay all of your closing costs such as title fees, appraisal fees, and credit report fees. There are no loan fees, pre-payment penalties and nothing is added to your loan balance.
Having the option of a no-cost refinance is a no lose situation, as you get the benefits of a lower rate while incurring no out of pocket costs or tapping into your equity.
- Do you offer multiple options?
Yes! On top of offering a no cost refinance, we alert you every time there is an opportunity for you to save money. In some situations, paying closing costs can still help your overall financial position.We present all of your options to you, show you the impact to your bottom line and give you the information needed to make a well informed decision.
Ready to start saving money? Sign up on the Mortgage Adoption Center Intake Form or by calling our office at (650) 520-0915.
