Refinance Mortgage

im starting a job tomorrow telemarketing by calling people and talking about them selling and refinancing mortgages. What do you think i should know? I dont know much and im nervous to start

People borrow enuf money to buy a house. If the house is $100,000 and they have $5,000 cash, they will borrow $95,000. They have to make monthly payments of $750 on that mortgage. There are 2 things that you would be offering them. YOu could give them a new mortgage with payments of $650. That saves them money. Or you give them a mortgage for $120,000. That way they get a check for $25,000.
The Wall Street Journal is free at the library. It tells you everything that is happening in the world of mortgages.