Brian, so nice to meet you! Where are you from originally?
Where did you go to school?
Merrimack College… hi fellow Warriors!
Where do you live now?
Hingham. We have been down the South Shore for almost 7 years. I was in the City for the previous 15+ years
How many kids do you have?
4 children! Charlie is 8, Wes is 6, Drew is 4… and Reese is almost 3! #feed4kids
Tell us about your career and how it came to be.
I was working at a Start – Up that went out of business. My best friend’s Mother was working as an Office Manager at a Mortgage Brokers Office out in Western Ma. I was with her one night and she thought I would be good as a Mortgage Banker. The Broker in her Office connected me with a few Mortgage Professionals out in Greater Boston and the rest is history. 20 years later!
Wow, that’s great. Who would you say is a good candidate for refinancing?
Almost everyone with these near all-time low mortgage rates! It is estimated that nearly 14 million borrowers are “high quality” candidates to refinance their mortgage. Is your fixed mortgage rates higher than 3.5%? Do you want to lower your term? Do you want to get out of your ARM Product? Do you have any debt you would like to pay off?
First steps you need to get in order before applying?
Understand your current credit scores and you need to know what your current mortgage rate and product is. Also important to know your current loan balance and a good understanding of the value of your home. Make sure your credit is good to great, understand your budget and current mortgage options, review multiple lenders.
What does a typical refinance process look like?
Good question. First, submit an application, approval conditions will go through processing, then your application will go through underwriting & approval (fun), and then you have your closing & funding!