News from our Prosperity Home Mortgage Lender

Let’s Review Your Mortgage for Savings Opportunities;

This is a follow up to the email I sent you last week.  As you may or may not  know, mortgage rates have yet again, hit a new low.   Based upon the terms of the 30 Year Jumbo loan we completed in February of 2015, this may be a perfect time to review your loan program to determine if we can save you money. Even if you have already refinanced or closed on a new loan recently, you still may be able to benefit.  I’d be happy to provide a complimentary review at your convenience.

How much could you save?  The table below shows the principal and interest payments on your loan compared to other loan products on February 9, 2016. Rates fluctuate every day, so these options may only be available for a short time.


Loan Program Rate APR Monthly
Your Current 30 Year Jumbo Loan 3.875% – $ 2,144 –
Your loan at our
30 Year Jumbo rate
4.000% 4.018% $ 2,177 $ -33
Your loan at our
5&5 Advantage ARM rate
N/A $ 0 $ 0

By refinancing your current loan, total finance charges may be higher over the life of the loan.
These mortgage rates apply only in certain conditions. Your loan’s final rate will depend on the specific characteristics of the loan transaction and your credit profile up to the time of closing. The displayed APRs include total points and additional prepaid finance charges but do not include other closing costs. On adjustable rate loans, rates are subject to increase over the life of the loan. Rates available as of date of printing and subject to change without notice. ** Total Est. Initial Housing Payment amounts includes principal and interest for both Primary and Secondary Financing as well as tax, insurance, homeowner dues. Payment amounts include mortgage insurance if the down payment is less than 20% or the loan product is FHA. Down payment amount excludes any secondary financing.

The scenarios shown above illustrate just a few of the many loan options you have at Prosperity Home Mortgage, LLC. These options might allow you to consolidate loans, make home improvements or simply cash out on some of the equity in your home.

Prosperity Home Mortgage, LLC appreciates your business and I thank you for placing your trust in me. Please contact me at 804-855-4590 or to review your loan for savings opportunities or if you have any questions about your mortgage.


Alicia O’Brien
Senior Mortgage Consultant
Prosperity Home Mortgage, LLC
NMLSR ID # 260889
Company NMLS ID #75164


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