Cracking the Code on Mortgage Renewals and Refinancing: Let’s Recap!

Michelle Hawco
Published on October 6, 2023

Cracking the Code on Mortgage Renewals and Refinancing: Let’s Recap!

Hey there, everyone! If you’ve ever wondered about mortgage renewals or the idea of mortgage refinancing, you’re in the right place. Recently, I teamed up with Kim Boehlke, an experienced mortgage agent, for a super informative webinar. We talked about everything you need to know, and I’m excited to give you a quick rundown right here.

Get ready to dive into the world of mortgage renewals and refinancing with me, Michelle Hawco, and our mortgage pro, Kim Boehlke. In this recap, we break down regulatory changes, explore the difference between renewals and refinancing, and even play around with a loan calculator. Ready to level up your mortgage game? Let’s go!

Webinar Highlights:

1. Getting to Know Us:

  • I started things off by telling you a bit about myself. I’ve been doing real estate for 17 years and I’m all about helping people in a holistic way.
  • Kim, our mortgage guru, also introduced herself. She’s got over a decade of experience and is all about understanding your unique needs.

2. What’s Up with the Rules:

  • We talked about some recent rule changes in the mortgage world. Think of it as the behind-the-scenes stuff that affects your rates and options.
  • We even touched on potential changes in how you qualify for investment properties and home equity lines of credit. Yeah, they’re making things a bit tougher.

3. Renewals vs. Refinancing Demystified:

  • Renewals are like keeping things on cruise control. Your payment and amortization stay the same.
  • Refinancing is where the magic happens. You can change your amortization, access equity, and more. It’s like a mortgage makeover!

4. Playing with Numbers:

  • Ever wondered how different interest rates impact your mortgage? We did a live demo with an online loan calculator. Trust me, it’s eye-opening.

5. Your Questions, Answered:

Webinar Highlights in Plain English:

1. Getting to Know Us:

  • I started things off by telling you a bit about myself. I’ve been doing real estate for 17 years and I’m all about helping people in a holistic way.
  • Kim, our mortgage guru, also introduced herself. She’s got over a decade of experience and is all about understanding your unique needs.

2. What’s Up with the Rules:

  • We talked about some recent rule changes in the mortgage world. Think of it as the behind-the-scenes stuff that affects your rates and options.
  • We even touched on potential changes in how you qualify for investment properties and home equity lines of credit. Yeah, they’re making things a bit tougher.

3. Renewals vs. Refinancing Demystified:

  • Renewals are like keeping things on cruise control. Your payment and amortization stay the same.
  • Refinancing is where the magic happens. You can change your amortization, access equity, and more. It’s like a mortgage makeover!

4. Playing with Numbers:

  • Ever wondered how different interest rates impact your mortgage? We did a live demo with an online loan calculator. Trust me, it’s eye-opening.

5. Your Questions, Answered:

  • We love engaging with you! We had a Q&A session and offered one-on-one appointments to chat about your unique situation.
  • If you missed the webinar, don’t worry! You can catch the replay anytime.
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