MORTGAGE
REFINANCING
 
 

When interest rates are low, you may be able to lower your monthly mortgage payment by refinancing your home. While refinancing, it may be possible to include the additional amount needed for your child's tuition with little or no increase in your current mortgage payments. This would allow you to cover your child's tuition without an additional monthly obligation. Even if refinancing is not used in connection with tuition, refinancing at a lower rate of interest is usually beneficial.

Below are some suggested contacts for information about refinancing:

  • Wendy Benson, a Home Mortgage Consultant with Wells Fargo Home Mortgage. Wendy's telephone number is 1-800-685-0088. You may also contact Wendy by e-mail at: wbensloan@aol.com

  • Lynda McCartney, a loan officer with GMAC Mortgage. Lynda's telephone number is 1-800-876-4622, Ext. 7080. You may also contact Lynda by e-mail at: lmccartney@gmacmdirect.coma

  • Jerry Osbourne, Mortgage Broker. Jerry's goal is to find the best mortgage company and rate for each individual client. Jerry can be reached at 1-800-888-1955 or josborne@regal-bank.com

  • Dana Reed, a loan officer with Comstock Mortgage has some special discounts for California parents. Dana's telephone number is 916-768-2274. Dana does cash-out refinances and 2nd mortgages. His E-mail address is: mreed@financialtitle.com.

  • ditech.com. This is an Internet source. They offer various kinds of mortgage loans including refinancing, second mortgages, home equity, and may finance up to 125% of your home's present value. Application may be made on the Internet and they advertise a quick turn-around. You may contact them at: www.ditech.com or 1-800-71-FIXED.

  • Gerald Wolcott Agent for Travelers. "Helping families become debt free and financially independent for 25 years." Jerry's telephone number is 781-878-4307 or 617-877-6189. His email address is jerrywolcotttravelerssmartloan@hotmail.com.

  • Michelle Belmonte works with more than 200 banks to enable her to find a mortgage program best suited for the current needs of your family aligned with future goals. She can be contacted at (408) 568-0713 or email her at mabelmont@AOL.COM

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