What is the simplest way to explain mortgage refinancing to a client?

2 Responses to “What is the simplest way to explain mortgage refinancing to a client?”

1. hirebookkeeper says:

   October 15, 2010 at 3:49 am

   Put it as simple as possible.
   Maybe write it down on paper, the numbers, the percentages etc.
   Try Wikipedia for information.
2. fuzzykitty says:

   October 15, 2010 at 4:29 am

   Depends on whether you are trying to help them save money , or wanting to dupe them into bankruptcy.
   You would find out from them what they are paying for Interest and show them what benefit a lower interest rate would do for them. I’m talking a fixed interest Rate with no surprises. Plan and simple. no fine print .

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