Refinancing Made Easy and Fast

[Hotspotter]

After seeing how low the rates have been the past couple of weeks, I did some shopping around for rates and services for which to refinance the house. I even called a family friend that's in the business. Peter Prodanov with Valesco Mortgage beat them all, both in terms of final rate, as well as ease of dealing.

Rates/Deals

Ended up getting a great rate (better than I ever expected) that others couldn't beat, 1/2% origination vs. a full percent, and a free appraisal to boot. Overall, the process took a mere two weeks from the very start the the very end, and it would've been done even sooner had I not been slow to the closing.

Service

Most importantly, Peter was prompt about returning my calls, and explained the terminology and processes which I didn't understand to whichever detail I asked. He made himself available whenever I had a question, and did a good job putting himself in my own shoes to help find the best solution.

If I'm not mistaken, I think there are special deals for FM members, so if you're looking to refinance, there's still time, and you'd be doing yourself a disservice if you didn't check with Peter first!

I was told that the process wouldn't be fun, and while it's not an exciting process, who can be dissatisfied with a lower monthly mortgage payment, a tax deduction, and overall thousands saved? Peter can be contacted via the below information, and thanks again Peter!

Peter Prodanov

VALESCO MORTGAGE

[email protected]

Detroit Lakes - Fargo

Residential, Construction, No Fee Home Equity, and Commercial Lending

Toll Free 877 828-5823

Cell 218 849-0760

Member FDIC

Equal Housing Lender

[Powerstroke]

I am also in the process of dealing with Peter and he has been fantastic. If anything is holding up the process, its ME! Good thing for rate locks.

He's been very accessible and easy to understand. I recommend giving him a call if you're curious about your current situation. What can it hurt? You might end up saving money and who wouldn't want that?

[fisherdog19]

Joel and Powerstroke, thank you for the kind words; it has been a pleasure working with both of you and all the other FM'ers I am currently working with. Rates are still low considering where they have been in the past, although not as low as they were. So, if any of you are still considering something, now is the time. Also, we are now an approved VA lender so I will be able to help any of you military FM'ers out there. FHA is coming soon!

Joel, again, congratulations on the new addition to your family, and I'm glad we could squeeze in a closing time and date that worked for you and your wife. Enjoy your new baby boy!

[Matt C]

Peter has been a pleasure to work with.

I would recommend to anyone to give Peter a call.

I believe will all closings he gives up a few crappie hot spots also.

Thanks Peter!