A number of people are refinancing their homes these days since even an interest rate reduction of half a percentage point(0.5%) can reduce your monthly mortgage payment by more than $100.
So if one is planning on staying in their beloved domicile indefinitely, 100 bucks a month will lead to huge savings. Still one must tread carefully when responding to online offers like the one you see below from Global Equity Finance.
This email Home ReFi solicitation warns that home owners must act quickly anticipating interest rate increases by the Federal Reserve. They claim that they have the number one customer service in the mortgage industry without declaring what entity ranked them number 1. Also, many of the employee reviews for Global Equity Finance stated that their computer system is down frequently which makes one wonder how they could have been awarded a top gun customer service award. A few of their employees lament No vacation pay, minimum paid sick leave, and no paid holidays.
Unhappy workers generally lead to substandard service and makes this writer question the likelihood that this group has any type of competitive advantage that would induce a home owner to refinance their home with them.
They do have a TrustLink image located prominently on their email advertisement, but I was unable to discover if this was really a credible entity that should elevate public trust.