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Mortgage Minute - Rate Modification at BMO

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Manage episode 415424532 series 2483498
Content provided by Dr. Tammy Crouse and Financial Residency Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. Tammy Crouse and Financial Residency Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Doug Crouse from BMO Bank introduces the Rate Modification Option, a convenient program for borrowers. This option allows borrowers to relock their closed loan to the current market rate without the need for refinancing, saving time and money for both parties.

Doug explains the flat fee structure and highlights the differences between rate modification and refinancing. He emphasizes the benefits of the program, such as the opportunity to adjust rates based on changes in loan-to-value ratios. Doug invites listeners to reach out for more information or assistance with loan estimates.

If you have questions, Doug is available at DougKraus.com.

  continue reading

866 episodes

Artwork
iconShare
 
Manage episode 415424532 series 2483498
Content provided by Dr. Tammy Crouse and Financial Residency Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. Tammy Crouse and Financial Residency Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Doug Crouse from BMO Bank introduces the Rate Modification Option, a convenient program for borrowers. This option allows borrowers to relock their closed loan to the current market rate without the need for refinancing, saving time and money for both parties.

Doug explains the flat fee structure and highlights the differences between rate modification and refinancing. He emphasizes the benefits of the program, such as the opportunity to adjust rates based on changes in loan-to-value ratios. Doug invites listeners to reach out for more information or assistance with loan estimates.

If you have questions, Doug is available at DougKraus.com.

  continue reading

866 episodes

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