Michael Overson at Bank of America

Typically, what I write about is racing related, but since racing has a degree of finance involved I thought I would share this.

As all of you know, interest rates are falling like a full tree. (Had to throw in some racing imagery.) This made me decide that now is a good time to refinance the house. Currently I am at 6.25%. A phone call placed to Bank of America put me in touch with Mortgage Loan Officer Michael Overson.

Michael was extremely helpful giving me the information I needed to make a decision as to whether or not it would be more cost effective to go with a 15 year or 30 refinance package. Furthermore he did something that hardly anyone ever does in the world of large corporations, he called me back when he said he would. I usually have to call back through the huge intangible maze of prompts in order to find the person.

Thanks to Michael I’ll be going with a 15 year refinance at 4.875% which will save me about 650.00 per month as well as take a few hundred thousand dollars off the interest of my loan.

Just think about all the racing and modifications I can do to my bike with that!

If you would like to contact Mike Overson here is his information:

888-293-0264 (Select option 1 twice) ext. 21548