How to Master the Art of Sequential Refinancing in a Falling Rate Market

Double Dip the Savings

So, you locked in a great refinance on a true zero-cost program, feeling great about that extra cash in your pocket and lower monthly payment. But what if there were a way to squeeze even more savings out of your mortgage, even if interest rates stay flat? Buckle up, savvy homeowners, because I’m about to introduce you to sequential refinancing: a strategic maneuver that can turn your mortgage into a money-saving machine.

Here’s the delicious recipe:

Step 1: The Cash-Out Extravaganza

You’ve already nailed this one. You found a True zero-cost cash-out refinance (meaning no hidden fees or origination charges) and tapped into your home equity for that dream renovation, debt payoff, or whatever your financial heart desires.

Step 2: Let Time Do Its Magic (5-6 Months Later)

Interest rates are trending down? Perfect! Time to cook up another refinance. Look for lenders, ideally your existing lender can offer programs with true zero-cost options and Best Rate Guarantees, ensuring you snag the lowest rate available. Remember, even a small drop in interest rate can translate to substantial savings over the life of your loan.

Bonus Round: Float Down the River (Optional)

Some lenders offer “float down” options, letting you lock in a lower rate when it becomes available before your closing date. It’s like mortgage insurance for interest rate drops!

Step 3: Double the Dip, Double the Grin

Voila! You’ve just refinanced at a lower rate, potentially saving thousands more over the years. And remember the true zero-cost magic? You haven’t paid a dime in extra fees.

Sweeteners for the Savvy Refinancer:

  • Skip Two Months, Twice: Many lenders offer programs where you can skip two mortgage payments with each refinance, giving your budget a much-needed breather.
  • Fast Forward to Savings: The entire process can be as quick as 30 days, so you’ll be enjoying those lower payments in no time.
  • Appraisal Waiver Surprise: For the second refinance, some lenders might even waive the appraisal requirement, saving you even more time and money.
  • Wholesale rates difference: know the difference between Retain mortgage rates versus wholesale rates for icing on the cake.

Remember: Refinancing isn’t for everyone, and careful calculation is key. Weigh the closing costs against your potential savings and consider your long-term plans with the property. But for homeowners looking to maximize their mortgage magic in a declining rate environment, sequential refinancing is a strategy worth exploring.

So, go forth, savvy refinanciers! Conquer the market, conquer your mortgage, and watch those savings pile up!

In a nutshell, here are Benefits of our services:

  • Best Rate Guarantee: we shop for best rates and cashback offer from all top 200+ banks/lender based on your situation.

  • 98% Approval rate: Get your loan approval right on your first call.

BONUS Wrap Up!

Imagine, if you can shop around for lowest rates like a seasoned mortgage professional? What if you see live Wholesale interest rates from all major banks directly with one glance from the beginning with no obligation?  This is how mortgage industry professional have shopped around in secret for years for themselves.  We do it little differently, as an online discount mortgage lender, serving thousands of families since 2003.

With our Iron Clad Lowest Rate Guarantee, you will immediately see current interest rates from all 200+ major banks (accurate interest rates) on your first call. In addition, our dedicated team equipped with best research will pick out a perfect time to lock the lowest rates for you at absolutely zero cost and obligation.  For your satisfaction, we will help you compare our rates with any broker/bank of your own choice. We keep our system simple and transparent so your first step starts with trust.  

Your Dream Rate, Delivered: We’re so confident in our ability to find the best rates, we offer a $1000 cash-to-closing guarantee. If our offer doesn’t beat the best rate from your chosen lender, we’ll pay you $1000!

We focus only on TRUE Zero Cost Loans. There is no hidden fees or surprises with us EVER (see online reviews). Nothing is rolled into your mortgage balance, and nothing will be out of your pocket.  You will be able to skip two months of mortgage payment.  Please have this code ready #AP786F for FREE APPRAISAL.  Foreclosure, bankruptcy, bad credit ok on HUD’s new program.

Wait any longer you may miss the Boat! 

We take the wheel, navigate the twists and turns, and deliver you straight to your financial happy place. Don’t waste another minute struggling through the maze alone. Contact us today and let our experts guide you to your dream home with the best rate, zero drama, and $1000 in your pocket for the journey.

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