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Mortgage Refinancing Without Losing Your Shirt

Did you know that according to the Secretary of Housing and Urban Development in the United States your friends and neighbors will overpay sixteen billion dollars for their home loans this year alone? Did you also know that nearly all your friends and neighbors are overpaying as much as $1200 or more every year? Want to save that $1200 on your next home loan? I know I could sure use an extra $1200 in my budget with the direction this economy is taking, how about you? I’m pretty sure I know the answer to that question so settle in with a cold drink because I’m about to share with you my best tips for refinancing with the best mortgage refinance companies without paying hidden markup or junk fees.

Mortgage Refinancing With Wholesale Rates

If this is your first visit to RefiAdvisor.com you might be wondering who the heck am I and how am I qualified to give you mortgage refinancing advice? First of all, my name is Robert Regehr. I’m not a mortgage broker, banker, or anyone working in anything remotely financial. How am I qualified to give you mortgage refinancing advice? My first home loan was a train wreck. I fell for every dirty, underhanded trick that a sleazy mortgage broker uses to boost their commission at your expense when mortgage refinancing. I didn’t have a clue how bad my first home loan was until a good friend of my parents, who is a retired mortgage broker, pointed out the hidden markup and junk fees in my home loan.

When I figured out this broker had soaked me to the tune of $1200 a year I was mad enough to start this blog with the help of that retired mortgage broker and I’ve been sharing this dirty little mortgage refinancing secret the broker fat cats would rather you didn’t know about with anyone that’ll listen. I am of course, referring to a hidden fee paid by lenders called mortgage refinancing Yield Spread Premium. Don’t worry if you’ve never heard of Yield Spread Premium, I had never heard of it and based on the facts from the HUD Secretary, I’d say 97% of your friends and neighbors have never heard of it either.

What is Yield Spread Premium?

Simply put, mortgage refinancing Yield Spread Premium is a kickback lenders pay to any broker that locks and closes your new home loan with a higher than necessary interest rate. Lenders do this because they make the majority of their profits selling your home loan to investors on the secondary mortgage market. It’s this hidden markup that drives your mortgage refinancing up by as much as $1,200 a year or more in some States like California.

The good news is that you don’t have to fall for this hidden mortgage refinancing markup. It is possible to refinance your home paying just a flat fee of just one percent for loan origination and walk way from closing with a wholesale mortgage rate, you just have to know how to go about it. Don’t worry, you don’t have to be a personal finance guru or have a cousin in the business to get the kind of mortgage refinancing deal I’m describing here, you just need to find the right person to arrange your next home loan.

Get Wholesale Mortgage Rates & Save…

You can learn more about finding the right person to arrange your next home loan with wholesale interest rates by checking out my free Underground Mortgage Refinancing Videos.

Here’s a quick sample to get you started on the road to a wholesale mortgage rate by exposing more of your broker’s very dirty secret…

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