The Client
International school mathematics teacher purchased a home in 2019 with a high-interest rate. Since she had long term tenants and the rent was covering the mortgage, she hadn’t thought about refinancing until one of her colleagues mentioned lowering their mortgage rate using Global Mortgage Group.
How We Helped
Although we gave her a very detailed report on the various options, including releasing up to $68,000 in cash out of her property, her priority was to get the lowest rate possible and maximize the rental yield.
Loan Details
| Nationality | Property Value | Loan Amount | LTV | Rate |
| U.S. Citizen | $313,000 | $181,540 | 58% | 3.35% |
| Term | State | Property Type | Purpose | Loan Type |
| 30 year fixed | Tampa, Florida | Single-Family Residence (SFR) | Refinance | Residential |
| Nationality | U.S. Citizen |
| Property Value | $313,000 |
| Loan Amount | $181,540 |
| LTV | 58% |
| Rate | 3.35% |
| Term | 30-year fixed |
| State | Tampa, Florida |
| Property Type | Single Family Residence |
| Purpose | Refinance |
| Loan Type | Residential |
- Unlocked in UK: New Zealand Buyers — A Small Market With a Long UK Connection
- Unlocked in UK: Pakistani and South Asian Diaspora Buyers — A Deep, Multi-Generational UK Connection
- Unlocked in Thailand: Equity Release in Thailand for British Expats
- Unlocked in Thailand: Repatriating Capital from Thailand — What the FET Form Means for Foreign Borrowers
- Unlocked in UK: Australian Buyers — The Working-Holiday Generation Grows Up
