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How Low Can Rates Go? Let Your Members Know!

Why your members will love you for getting the word out:

• Record low rates.
• Reduce their monthly payments.
• Consolidate their mortgages into a single, low payment.
• Get out of a potentially expensive loan product, like an adjustable rate mortgage or ARM.

Economic worry is rampant during these uncertain times. As we plan for the future, job loss and rising costs seem like an unfortunate reality. Is the economy due for a period of stagnation or growth? Look for opportunities within your members’ portfolio. Do they have investment properties? Do they own their own business? Do they have a mortgage on an owner-occupied commercial building? If you don’t know, now is the time to ask!

However, not all financial products and services are created equal. Here’s what to look for when your members are refinancing or purchasing a home or commercial property using other lenders:

• Watch out for low teaser rates and hidden costs. We’ll make sure that we provide you with the best rate and no hidden costs meant to squeeze every nickel and dime out of you. We at Centennial promise to uphold our commitment to transparency and honesty in lending.

• Are you being treated like a person or a number? Any lack of caring and clarity from other lenders may cost you more in the long-run in lost time and mistakes. The staff at Centennial Lending treats every request individually, and you can always talk to a real, live person who is in tune with your needs at any point during the lending process. With web, email, phone, and fax, you can be sure we’ll cater to your every request – kindly, thoroughly, and efficiently.

• Avoid upselling and pushy sales tactics. During these tough times, some mortgage lenders may try to force you into a loan to try and improve their dwindling portfolios. At Centennial, we want to help determine what is right for you and your lifestyle. Remember, all of our Residential and Commercial Loan Officers are salaried and aren’t paid commissions on closed loans.(Check out our “A+” rating with the Better Business Bureau.)

While you may seek an attractive low starting rate with an Adjustable Rate Mortgage (ARM), rates are almost certainly going to increase after the economy deals with the aftermath of “The Great Recession.” Get peace of mind and lock in an outstanding, permanent fixed rate as low as 4.25% for residential properties and 4.75% for commercial properties! What are you waiting for? Let your members know!

Unsure of your options? Give us a call at 720-494-2740; we’d love to help you out!