Monday, February 7, 2011

Wanna Lower your Mortgage Payment?

2-8-11 UPDATE rates increased to 5.25%

Wells Fargo has a no fee program you can go in and lower your interest rate to 5%   if you have decent credit. 

They do require that you pay for your credit report $15 and then a $500 deposit that you get back after the paperwork is complete.  You can use a credit card that will be credited at the end of the deal. 

Nows a great time to refinance your home loan and save some out of pocket money on your monthly payment!  Or maybe switch to a 15 year term rather than 30. 

It only takes a few minutes over the phone.

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