Kentucky homeowners: a draft White House executive order could make refinancing cheaper. It has NOT been signed and details may change, but the current draft would cut certain fees on eligible refinances, waive appraisals and some paperwork on qualifying refinances that lower your payment, expand title insurance waivers to reduce closing costs, direct the VA and USDA to pursue lower rates, and require servicers to tell you when you may qualify to drop mortgage insurance.
If you bought or refinanced in the last few years at a higher rate, now is a smart time to review your options. Watch the 1-minute video and read the full breakdown at the link below, or call or text me to review your loan.
Joel Lobb, EVO Mortgage. NMLS #57916, Company NMLS #1738461. Licensed in Kentucky. Equal Housing Lender. Not a commitment to lend; all loans subject to credit approval and program requirements. Proposed policies are not final and may change.
