The Rate Improver Mortgage "TRIM"
The Rate Improver Mortgage (TRIM) allows you to trim down your mortgage payments with one free float down of the interest rate within the first 5 years of your closing date.
Monitor and Save with Your "TRIM" Mortgage Loan
After closing on your "TRIM" mortgage loan, you have the unique opportunity to keep an eye on mortgage rates and choose the best time to reduce your rate within the first 5 years.
By visiting the Primary Mortgage Market Survey (PMMS) by Freddie Mac and checking the “30-yr FRM” rates, you can determine the optimal moment to float down your rate.
https://www.freddiemac.com/pmms
Once you decide to float down, simply contact our Servicing Department. Your new lower rate will be locked in on the day you communicate with us, and at no additional cost!
Take control of your mortgage and save with "TRIM" today using the Apply Now button below!
Have questions? We're here to help!
For any inquiries, feel free to reach out to Tony Frattini at 857-524-1325 or tfrattini@massbaycu.org
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