THIS TRANSACTION WAS A CASH OUT LOAN TO PAYOFF THE 1ST AND 2ND MORTGAGE, COMBINE BOTH LOANS INTO ONE AT A LOWER INTEREST RATE TO LOWER THE OVERALL MONTHLY PAYMENT...ALLOWING THE VETERAN BORROWER TO NET MORE RENTAL INCOME MONTHLY.

BORROWER REFINANCED INTO A 30YR FIXED AT 4.875% TO LOWER HIS MONTHLY PAYMENTS ON HIS PRIMARY HOME

BORROWERS WAS UPSIDE DOWN OWNING MORE THAN THE VALUE OF THE HOME WITH A 1ST AND 2ND MORTGAGE.... I WAS ABLE TO REFINANCE THEM INTO A 30YR FIXED LOAN AT 5.25% AND NEGOTIATE THE 2ND LENDER TO SUBORDINATE WITHOUT BEING PAID OFF

BORROWER IS A DISABLED VETERAN EX-NAVY SEAL, WHO HAD THE OPPORTUNITY TO REFINANCE AND PAYOFF HIS ADJUSTABLE LOAN AND FUND A NEW 30YR FIXED WITH NO MORTGAGE INSURANCE... THIS PROPERTY IS A LOFT NEAR HILLCREST & DOWNTOWN SAN DIEGO

THIS OWNER WHOM IS A DISABLED VETERAN & FORMER NAVY SEAL COMMANDER HAD THE OPPORTUNITY TO REFINANCE 2 TIMES WITH ME AND BOTH LOANS WERE FREE... PAID FOR WITH A LENDER CREDIT AT CLOSING... I ALSO REFINANCED HIS INVESTMENT CONDO IN VIRGINIA BEACH, VA - 4.5% VA JUMBO 30YR FIXED WITH A SUBORDINATED HELOC 95% COMBINED LOAN TO VALUE