The Client
International school mathematics teacher purchased a home in 2019 with a high-interest rate. Since she had long term tenants and the rent was covering the mortgage, she hadn’t thought about refinancing until one of her colleagues mentioned lowering their mortgage rate using Global Mortgage Group.
How We Helped
Although we gave her a very detailed report on the various options, including releasing up to $68,000 in cash out of her property, her priority was to get the lowest rate possible and maximize the rental yield.
Loan Details
| Nationality | Property Value | Loan Amount | LTV | Rate |
| U.S. Citizen | $313,000 | $181,540 | 58% | 3.35% |
| Term | State | Property Type | Purpose | Loan Type |
| 30 year fixed | Tampa, Florida | Single-Family Residence (SFR) | Refinance | Residential |
| Nationality | U.S. Citizen |
| Property Value | $313,000 |
| Loan Amount | $181,540 |
| LTV | 58% |
| Rate | 3.35% |
| Term | 30-year fixed |
| State | Tampa, Florida |
| Property Type | Single Family Residence |
| Purpose | Refinance |
| Loan Type | Residential |
- Global Property Investor – Ontario Home Prices Climb 4.1% While British Columbia Faces Declines
- Home Prices Set to Surge 5% in the 4 Months Following the Election
- Access Cash Quickly From Your International Home Equity!
- Global Property Investor – Australia’s Property Market Slows as Interest Rates and Costs Rise
- Global Property Investor – Singapore’s Luxury Real Estate Sees Surge in Private Home Sales Despite Market Challenges
