Aaron WhybrowGeneral Manager, Strategic Mortgage Broker

Approved Refinance

Name: Approved Refinance
Uploaded: 2022-07-27T03:54:10Z
Duration: 1 min 6 s
Channel: Aaron Whybrow
Description: Aaron Whybrow announces a client's refinance approval. The rate drops 0.8%, and the lender covers all fees if the loan closes within 60 days. The client…

27 Jul 2022 · 1 min

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1:06

Aaron Whybrow announces a client's refinance approval. The rate drops 0.8%, and the lender covers all fees if the loan closes within 60 days. The client gets cash back plus funds for home improvements.

Questions this video answers

0.8% (a 0.8 of a percent reduction)

Within 60 days

Mortgage fees, registration fees, and application fees

Hey, it's Aaron here. I just had some exciting news. A client of mine got approved for their refinance. It's a refinance. It's got a whole range of different factors here that is really exciting for the client. So number one, they're able to do some work around the house for their, for their family and have a bit more space for growing children. The other thing we're able to do is look at that entertainment aspect on the house and look at a pool and a whole range of things there that allow their whole house to become their tropical island that they want to. The other one is that we're able to move their interest rate from where it was and give them a 0.8 of a percent reduction on that rate as well. So their rate is now going to start from significantly lower level, especially when we start coming out of these emergency interest rates that are in the market right now. And another thing is once we settle this loan within another 60 days, we'll be able to have them and the new lender pay them a cash back which is accommodated for all of the mortgage, registration fees, application fees and things like that. That is like. It's a big reimbursement with a bit of extra cash there. So enjoy and I hope to talk to you on the other side.