Mortgage Works, a leading mortgage lender, recently announced a new program that will help homeowners who are looking to switch lenders. The program, which is called the Rate Reduction Program, will reduce the interest rates for homeowners who are switching lenders.
The program is designed to help homeowners who are looking to switch lenders and take advantage of lower interest rates. Mortgage Works is offering a reduction of up to 0.5% on their current mortgage rate when they switch lenders. This could potentially save homeowners thousands of dollars over the life of their loan.
Mortgage Works is also offering additional incentives for homeowners who switch lenders. They are offering a cash-back bonus of up to $500 for those who switch lenders. This bonus can be used to cover closing costs or other expenses associated with the loan.
The Rate Reduction Program is available to all homeowners who are looking to switch lenders. It is important to note, however, that the rate reduction will only apply to the current mortgage rate and not any future rate increases. Additionally, the rate reduction will only apply to the principal balance of the loan and not any additional fees or charges associated with the loan.
Mortgage Works is committed to helping homeowners save money and make the most of their home loan. The Rate Reduction Program is just one of many ways that Mortgage Works is helping homeowners save money and make the most of their home loan.
For those who are looking to switch lenders and take advantage of lower interest rates, the Rate Reduction Program from Mortgage Works is an excellent option. With the potential savings of thousands of dollars over the life of the loan, it is an opportunity that should not be missed.