Aug 8 2012
As the summer winds down, the opportunity to save starts to heat up. This week, August 6th – 11th, we’re focusing on helping current and future homeowners save money. You may have seen our tweets about a “Free Homeowner’s Review” and may be wondering what the heck is going on! Explaining what this event is all about is tough with only 140 characters, so here’s the deal:
Your Free Homeowner’s Review
To help current and future homeowners maximize savings, we first need to understand your unique situation. We call this a “Free Homeowner’s Review.” Our aim is to figure out the estimated value of your home and any current mortgage(s) or home equity you might have.
We also want to hear about your financial goals and concerns, both now and in the future. To figure this out we will ask you questions like:
- Do you have any high interest debt that could be consolidated?
- Are there vacation plans or major life events on the horizon like a wedding?
- Do you have any plans (or dreams) for making home improvements?
- What’s your current or future college expenses?
- How long do you plan to stay in your home?
- Are you looking to relocate, upgrade or downsize?
Once we learn about your current situation, we will figure how we can help you save money and turn your dreams into reality. If it’s through a better mortgage, we will get you in touch with the mortgage expert who partners with your branch (many will be onsite throughout the week) or maybe a better solution is a home equity loan or line. Did you know that you can use a home equity loan or line to help you consolidate debt, finance college or a wedding as well as make home improvements? Check out my earlier post here for more details.
Reduced Rates this Week
No Application or Closing Costs
There are no application or closing costs on home equity loans and lines of credit up to $500,000 (excluding investment properties). Please note, if there is not already sufficient Hazard insurance in place on the property, a borrower will be required to purchase.
Additionally, we are waiving our annual fee during this week for our home equity lines, which is up to a $450 value! Please stop by your local Webster branch or call 1-888-4-WEBSTER for more details and to see what solutions might be right for you.