Denver, Colorado (PRWEB) November 12, 2014
Mortgage Banker, Jason M. Ruedy, also known as The Home Loan Arranger, appeared on Colorado's Best, a local consumer-oriented show that airs on weekdays at 9 am on Colorado's Own Channel 2. During his October 28, 2014 on-air segment, Mr. Ruedy discussed the topic of private mortgage insurance. He explained to viewers that many homeowners are needlessly paying private mortgage insurance due to the significant increase in home values in Colorado over the past several years.
During his appearance on Colorado's Best, Mr. Ruedy was interviewed by the show's host, Paula Haddock. The award-winning host asked Mr. Ruedy several questions related to eliminating private mortgage insurance and refinancing into lower interest rate loans. During their conversation, Mr. Ruedy provided several tips to homeowners who are currently paying private mortgage insurance. His advice focused on the notion that homeowners should be proactive and should take time to learn if they are needlessly paying private mortgage insurance each month.
As stated by Ms. Haddock at the opening of Mr. Ruedy's segment, "Many of you are unnecessarily paying mortgage insurance every single month. You may not even think about it anymore because it's just part of your payment. But eliminating it could save you hundreds of dollars per month."
"I'm becoming known as the Mortgage Insurance Eliminator because I'm doing everything I can to make sure homeowners stop paying private mortgage insurance companies hundreds of dollars per month if they are not required to do so. Many people are paying hundreds of dollars a month for private mortgage insurance, but because many home values in Colorado have increased by more than 20 percent, the need for private mortgage insurance is not necessary." -Jason M. Ruedy, The Home Loan Arranger
During the segment Mr. Ruedy explained that private mortgage insurance is designed to protect lenders in the event of a borrower default. And, private mortgage insurance is not the same as homeowner's insurance.
When asked by the show's host, "At what point does someone know they are qualified to drop their mortgage insurance?" Mr. Ruedy replied, "When your loan-to-value ratio is 80 percent or less, you are not required to carry mortgage insurance. The first step is to establish your home's current appraised value."
"Look at your mortgage statement. Identify if you are currently paying mortgage insurance. If you are, the next step is to determine if a refinance will allow you to eliminate your requirement to pay it." -Jason M. Ruedy, The Home Loan Arranger
Homeowners are encouraged to visit Mr. Ruedy's website: http://www.StopMortgageInsurance.com. By clicking on the button that reads, "Click Here to Receive Your FREE Consultation Today," visitors are brought to a screen with a short questionnaire. After submitting the form, The Home Loan Arranger will contact homeowners to set up a free, no-obligation consultation.
About The Home Loan Arranger:
Mr. Jason M. Ruedy, also known as The Home Loan Arranger, has 20+ years of experience in the mortgage business. His company was built around the crucial principles of hard work, discipline, and determination. The Home Loan Arranger evaluates client applications quickly and efficiently and structures loans with the best possible terms. Mr. Ruedy is successful in achieving loan closings for clients while meeting their highest expectations. Jason M. Ruedy is ranked #2 in the state of Colorado by Scotsman Guide, which is the top leading resource for mortgage originators.
For media inquiries, please contact Mr. Jason M. Ruedy, "The Home Loan Arranger":
The Home Loan Arranger
512 Cook St #100
Denver, CO USA
Phone: (303) 862-4742
Toll Free: (877) 938-7501