Today’s Guest:
On this episode of Your Money Matters, Kurt Rogers, Managing Broker at Affordable Interest Mortgage is with us to answer the burning question: “Why in the world would a homeowner that currently has a 3% Mortgage Interest Rate, refinance their home to a HIGHER interest rate of 6-7%?”

The answer is: “It makes total sense to refinance now, even at the higher interest rate, because “IF” you are paying high interest rates on credit card debt, you could use the equity in your home to pay off that high interest rate debt and in some cases save thousands per month!

REAL LIFE SCENARIO: Kurt has a client that is a Veteran with a 2.25% mortgage interest rate on a 350k loan, the loan is 3 years old, and he has 27 more years to pay it off. He has equity in the home. He’s refinancing his mortgage with an interest rate in the 6’s and is saving over $2,000 a month by paying off high interest debt. Over 10 years, that’s a savings of $240,000! And he’s using a portion of the savings to pay down the mortgage and will own his home in just 17.5 years. Situations like this are real life scenarios!

Call Kurt at (720) 895-0500 and explore your mortgage refinance options if you have high interest debt!

OUR EXPERIENCE CAN SAVE YOU MONEY!

1. AIM’S recent Growth & Expansion now serves 12 states and offers 38 Lenders with the most amazing loan programs. Affordable Interest Mortgage is now serving these 12 states: Colorado, Arizona, Wyoming, Kansas, Texas, Illinois, California, Indiana, Tennessee, Missouri, Florida, and Ohio.

2. We have expanded from 11 Lenders to 38 Lenders to offer a multitude of loan programs. In many cases, even better rates, faster service, more amazing First Time Home Buyer Loans, Fix & Flip Loans, Renovation Loans for First Time Home Buyers and Investors – all these options are worth exploring!

3. We’re now also offering Land Loans and Commercial Loans with 5 units or more. There’s so many incredible opportunities available. I’d love to explore them with you!

Affordable Interest Mortgage – Powered by IMB #2191655. NMLS 217147. Equal Opportunity Lender.

Be sure to tune in every Tuesday at Noon – 1PM on 560AM KLZ for The Your Money Matters Radio Show. I am proud to be the exclusive Mortgage Broker for The Haystack Help Radio Home Team!

Give Kurt a call for a free consultation 720-895-0500. Kurt is saving real clients, real money! Check out the website at www.aimortgage.net. Affordable Interest Mortgage – Powered by IMB #2191655. NMLS 217147. Equal Opportunity Lender.

Then, special Guest, Wade Nedved with Premier Home Remodeling. This show really lays out some great information if you are thinking about a remodel. Kurt Rogers, Owner of AIM, talks about how he can help most homeowners tap into their equity to pay off debt and/or provide money needed for their remodel. Wade says you must do your due diligence in checking out a contractor. You as a homeowner should verify license and insurance. It’s a free initial consultation at Premier Home Remodeling.

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