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Many of our clients and prospective clients place their mortgages under management with us. We encourage you to do the same. You will receive your personalized Rate Watch Report which compares your mortgage rate and payment with current interest rates and payments and illustrates your specific monthly savings. We mail this timely and valuable information to you periodically (usually quarterly or when rates improve dramatically). Bay Mortgage provides this complimentary, proactive service as part of our commitment to our proven client-care program. If you would like to start receiving your customized rate alerts, please email the following information to jsancilio@thebayway.com or call John Sancilio at 410-9963. · Date mortgage obtained (month and year) · Original loan amount · Current loan balance · Interest rate · Type of mortgage (such as Conventional, VA, or FHA loan, etc) · Type of product (such as 30-year Fixed, 15-year Fixed, 30-year Fixed with 10 years Interest-Only payments, 5/1 ARM, 5/1 Interest-Only ARM, 7/1 ARM, 7/1 Interest-Only ARM, 10/1 ARM, 10/1 Interest-Only ARM, etc.) · Current Principal and Interest (PI) payment or current Interest-Only (IO) payment (not including real estate taxes and homeowner’s insurance) · Approximate current home value (higher end of realistic) · Type of product you may be interested in (such as 30-Year Fixed, etc) · Property address · First and last name(s) (on mortgage note) · Miscellaneous (Feel free to include other information such as any short or long term goals, how long you plan to keep your home or mortgage, how much you would like to save monthly, if you would like to consolidate other debt, best phone number to reach you during normal business hours, etc) We also encourage you to touch base with us from time to time to check current interest rates, to review recent interest rate trends, and to answer any questions or concerns you may have. Thank you in advance for the opportunity to work together. We look forward to assisting you.
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