Consumer Benefits After Purchase

Refinancing with little to no cost means homeowners can start saving sooner — without waiting years for a traditional refinance to make financial sense. Joe Tafolla breaks down how Seattle's Mortgage Broker's Step Down Refinancing program eliminates the recoup period that traps homeowners in high interest rates.

He reveals how a zero recoup period allows homeowners to refinance as soon as there's any benefit in the loan, step down their interest rate incrementally instead of waiting for one massive drop, and choose between lowering their monthly payment or paying their mortgage off significantly faster — all without adding a single dollar to their loan balance.