For those of you who subscribe to my blog, I encourage you to please move your subscription to the RJ Baxter Colorado Mortgage Blog. I will not be blogging on this blog any more.
posted by RJ Baxter January 21, 2010 9:45 | permalink | comments(0) | Real Estate RJ Baxter Lowers Payment by $200 With No Closing Costs
RJ Baxter has helped yet another family save money with a no closing cost refinance. Pete from Colorado has lowered his payment by $200 on a new 30 year fixed rate mortgage with no closing costs.
We wanted you to be aware of the vast changes that have once again challenged our industry beginning January 1, 2010. The new Regulation X (as it is being called) dramatically affects the way disclosures are handled on the loan side of a purchase or refinance. This has hit the whole industry nationally, whether the loan is done through a bank, broker or mortgage banker.