No one should have to pay to have their home appraised when Old Merchants deducts the appraisal cost from the closing costs at the close of escrow. Deducting appraisal costs is an innovative way to lessen the burden of refinancing for a growing cross section of homeowners.
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Lake Success, New York (PRWEB) March 6, 2006
Old Merchants Mortgage Bankers recently announced they will offer free home appraisals for those seeking to refinance a mortgage loan or borrow against the equity in their home. While loan applicants often spend hundreds of dollars for appraisals with traditional mortgage companies, Old Merchants Mortgage Company offers the option of eliminating appraisal costs, making refinancing easier and more achievable for homeowners.
According to Scott Cooper, president of Old Merchants Mortgage Bankers, “No one should have to pay to have their home appraised when Old Merchants deducts the appraisal cost from the closing costs at the close of escrow. Deducting appraisal costs is an innovative way to lessen the burden of refinancing for a growing cross section of homeowners.” Old Merchants Mortgage Bankers specializes in getting homeowners and homebuyers the cash they need when they need it, and with new free home appraisals, the company is helping those seeking refinancing to achieve their dreams, whether they are consolidating debt, remodeling their house, taking a vacation or paying for their children's education.
Old Merchants Mortgage Bankers continues to provide clients with all the loan features traditionally promised by large mortgage companies, such as competitive rates and fast approvals, while offering advantages such as no income checks and 100% financing options that big banks do not. Old Merchants Mortgage Bank even considers bankruptcies in an effort to help more families achieve refinancing goals.
Those who refinance their loan through Old Merchants Mortgage Bankers can also experience lower monthly payments, pay off credit cards, get fast cash, and even stop foreclosure. The company offers honest, expert service, fast turnaround and great rates, and with the benefit of free appraisals, it is making the dreams of homeowners that much easier to achieve.
About Old Merchants Mortgage Bankers
Old Merchants Mortgage Bankers is one of the nation's most innovative mortgage lenders. It is independently owned and operated and caters to those with a variety of borrowing needs and financial circumstances. Through competitive rates, personalized service and fast turnaround for all credit conditions, Old Merchants Mortgage Bankers is committed to finding ways for customers to get the money they need quickly and conveniently with terms that fit their life. For more information call Old Merchants at 1.800.246.6349, or visit their Web site at http://www.oldmerchants.com.