Clearing home-value hurdle to a refi.

January 22nd, 2010


The Washington Times – Michele Lerner

“If you are already paying PMI, this may not matter, but some homeowners have lost value in their homes and will not be expecting to pay the insurance,” Mr. Martucci says. “It may still make sense to refinance even if you have to add $100 or so per month to your mortgage payment for PMI. It just depends on your current mortgage program.”
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Brian Martucci is a loan officer for Capital Bank Home Loans, a division of Capital Bank, N.A. He has been in the mortgage industry since 1986 and has served in a number of roles, including loan processor, loan officer, mortgage broker, branch manager, and vice president. Brian Martucci – NMLS# 185421. His opinions do not necessarily reflect the opinions and beliefs of Capital Bank Home Loans or Capital Bank. Capital Bank, N.A.- NMLS# 401599. Click here for the Capital Bank, N.A. “Privacy Policy”.

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