The COVID-19 crisis is an unprecedented time and lost in the heyday of stockpiling supplies, spending extra time with family, and video-conference meetings, is that there’s never been a better time to refinance. 

Over the last three months, Clear Skies Title Agency has seen some of the lowest mortgage interest rates and encourages Cranford homeowners to look into whether they can lower their monthly expenses by refinancing. 

“During these difficult times, Clear Skies Title will continue to provide financial relief for families by helping them take advantage of historically low-interest rates, and provide title insurance services so that homeowners can save money on their mortgages and small businesses can get access to much-needed emergency capital,” said Victor Liu, Managing Partner and Cranford resident.

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Towards the end of 2019, when interest rates were nearing historic lows, many homeowners felt caught off guard and felt they had missed their chance when rates jumped up towards the middle of March of this year. Fortunately, based on actions taken by the Federal Reserve, homeowners are getting a second chance at substantially lowering their monthly expenses. Start the application process by contacting your mortgage lender and submitting all the necessary documentation like pay stubs, W2s, and bank statements. 

With the current Coronavirus pandemic locking families indoors, it’s important to exercise an abundance of caution for the closing process. “With last month's record-low interest rates, coupled with the economic turmoil facing our community, families need to close on their mortgage refinancing more than ever...we’re committed to continue helping families close on their refinances, and we've adopted significant measures to make sure we do so safely. We have adopted a 'Clean Closing Protocol' so the homeowner never has to leave their home or come in close contact with any of our closers,” says Liu.

Contact your local mortgage broker to learn more about refinancing. Clear Skies Title has a list of local contacts if you need a referral. Also, let your lender know you want to close with a local business — Clear Skies Title Agency.

About Clear Skies Title Agency: Established in 2014, Clear Skies has quickly grown by focusing on relationships and not the number of transactions. Keeping attention toward the client’s needs, cultivating a down-to-earth team, and creating a closing experience characterized by transparency and respect is what sets them apart from the competition. Ensuring homeownership is their purpose. Having their client and team love them is their passion. Learn more at www.clearskiestitle.com.