Earlier this week we introduced you to the Truliant Success Story Inbox, and honestly, these stories never get old.
For instance, Andrew from our Friendly Member Financial Center just submitted this story that highlights how he helped two members save roughly $96,222.84 by refinancing their mortgage. Can you believe that?!
Here’s his story,
“I had members Mr. and Mrs. Member (name extracted for privacy purposes) come into my office this morning to discuss refinancing their existing 1st and 2nd mortgages. I was able to get them pre-qualified for a 20 year fixed rate mortgage for $330,290.00. This does several great things for them:
- Five years taken off of their current loan
- Lowered their payment by roughly $100.00 a month
- Lowered their interest rate by 0.75%
- Combine two payments into one
This will greatly benefit our members’ financial lives as well as save them roughly $96,222.84 in interest over the life of their loan! What a success!”
There’s no trick here. We simply take the time to work with members and discuss their financial lives. If we discover a way to help you, we’ll offer suggestions and the proper education so that you can make the most informed decision possible.
Great story Andrew – thanks for sharing!
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Great story. I LOVED the line “there’s no trick here.” That is what makes credit unions so great. It’s all about doing what’s best for each member.