I’d been working with a customer since April of 2010 when I completed a 30-year FHA Streamline Refinance that reduced their interest rate from 5.75% to 4.75%.
I recently contacted them again, and made them aware that home values in their neighborhood had increased substantially enough for them to qualify for conventional financing.
Their new home loan was under 80% of the appraised value. My team at Pacific Funding and I successfully reduced the interest rate from 4.75% to 3.75% — which is fixed for 30-years. We also eliminated the mortgage insurance that they were paying on their current FHA Loan.
This saved them over $300 per month!
As a loan officer, keeping in contact with past customers is an integral part of maintaining relationships. We stay in contact with our clients to inform them of changes in the market that benefit their position.
At Pacific Funding, we take pride in assisting homeowners manage their wealth and real estate asset(s). For more success stories like these or to reach me directly, contact:
Jack Reininga
(925) 626-4617
http://pfgbayarea.com/jack-reininga
He brings 10 years of experience as a mortgage advisor and more than 20 years of experience in commercial and residential real estate in the San Francisco Bay Area. He holds a bachelors of science degree in economics from the University of Utah.
Reininga specializes in high-quality, fully documented conforming, jumbo, FHA and VA loans and has worked with experienced homeowners in both refinance and purchase transactions as well as serving first-time homebuyers.
“I don’t work inside a narrow box and we have a wide variety of loan programs to meet my customer’s needs at the most competitive rates in the industry. I also get to work alongside a team of highly experienced professionals from processing to underwriting…it’s great to be able to say that,” Reininga said.
To contact him, please call (925) 270-4738 or email jreininga@mmcdcorp.com.
Mason-McDuffie Mortgage is a privately held, mortgage banking firm headquartered in San Ramon. Its name dates to 1887 in the Bay Area real estate industry. For corporate information, please see www.mmcdcorp.com.
- Jack Reininga Joins Mason-McDuffie Mortgage Corporation - June 26, 2014
- Pacific Funding Group Streamlines Loans to Avoid Delays During Governmental Uncertainty - October 4, 2013
- FHA Back to Work: Extenuating Circumstances Program - September 20, 2013
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