The Washington Times – Michele Lerner
“In the rush to refinance in 2010, some homeowners were left behind, unable to arrange for a new home loan because of a lack of equity or a too-low credit score or some other glitch in the world of tightened credit standards.”
“While many homeowners refinance to reduce the size of their monthly mortgage payments, others have the goal of paying off their mortgage earlier to become debt-free before retirement and to save money on interest. Homeowners who want to hasten their mortgage-burning celebration may want to consider other options besides refinancing.”
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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”.
