Strongsville, OH – Union Home Mortgage (UHM) is proud to offer refinancing options for customers.
With offices in 18 licensed states, this full-service mortgage banking company boasts a variety of loan options, in-house loan processing, and refinancing options that start with a no-cost consultation with a knowledgeable mortgage expert.
While many mortgage experts are trying to sell homeowners on the option to refinance while interest rates are still low, UHM approaches each homeowner’s curiosity in a refinance with a critical eye. They make it a point to weigh the pros and cons and take an individualistic approach when looking at each customer’s unique financial situation.
“The most important pieces are risk/reward,” UHM Vice President, Brian Coleman, said. “What is the cost of the refinance versus what is the benefit? What is the net tangible benefit to the consumer — shorter term, less expensive payments, elimination or reduction in mortgage insurance, etc.?”
When it comes to a change in rates after a refinance, the mortgage consultants at UHM also work with customers to educate them on rates and how this decision may actually help them save money.
“We take the approach that, while we do not know what is going to happen to rates next year or tomorrow for that matter, what should be important to a consumer is what rates are today and if the current rate environment provides the appropriate borrower benefit,” Coleman said.
“It’s that simple, no one can predict what will happen with interest rates but we do work with customers to weigh and measure the current benefits,” he added.
Another benefit that UHM highlights is for those who are paying a monthly Private Mortgage Insurance (PMI) payment. According to Coleman, refinancing could possibly reduce or eliminate PMI, offering homeowners who qualify additional savings.
When it comes to talking to customers about the option of refinancing, UHM takes pride in handling these situations on a case-by-case basis, sitting each one of their customers down, and offering the education necessary to help their clients make an informed financial decision.
“Our website says that ‘at Union Home Mortgage, our goal is to create raving fans amongst our customers,’” Coleman said. “And, that’s what we work to execute for our clients. Whether it’s a refinance, a first-time buyer, or a specialized home loan, we provide high-quality service and work hard to exceed our customer’s expectations.”
If you’re thinking about refinancing or would like to know more about UHM, please visit them online at UnionHomeMortgage.com
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Company Name: Union Home Mortgage
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Phone: (440) 234-4300
Country: United States
Website: http://www.unionhomemortgage.com/
Source: www.abnewswire.com