Bank pushing Loan Products on my wife

Not right. I have 30 year fixed Jumbo loans,Call me 605-359-1775.Thanks

First, he shouldn't be pushing anything at you.. His job is to give you options.. It is definitely more prudent to do a 15 year vs. a 30 year.. the savings are massive.. but the difference in the rate might be .25% to.50%.. If you do a 30 year mortgage, but pay extra as if you had a 15 year mortgage, then your payoff would still be close to the 15 year mark, difference being is that you are not obligated to make the 15 year higher payment.. As far as the bank losing money.. Nope.. their revenue is made when they originate the loan.. then the loan is sold off, and the investors who purchased the loan profit from the interest made.. Beside maybe the loan officer being a bit too aggressive in pushing you to one product or another, I would say he is doing you right by giving you the option. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

Hi, Just seeing this and I have can help you. I have done many loans over the last 19 years in Florida and especially the Keys, I will give you the best loan to meet your goals and we can close in 10 days if needed. Call me Ralph Guertin at 954-274-7725 or email at ralph.guertin@myccmortgage.com

actually, that's a good loan officer pushing that because it is probably in your best interests and you probably easily qualify. With rents going up in So, Florida when you're away (in the summer months), it might pay for the 15-year fixed mortgage payment too