ABLE Mortgage Co. owner earns his financial planning certificate from BU
BERKLEY - ABLE Mortgage Co. owner John Estrella has earned his certificate in financial planning from Boston University and the Boston Institute of Finance.
Estrella said he obtained the certificate to distinguish himself from other mortgage professionals. “With the turmoil in the mortgage industry, I wanted to set myself apart from others who call themselves financial advisors and planners,” Estrella said. “I want my customers to know they’re dealing with someone who has a detailed knowledge of all aspects of their financial well-being.”
Prior to working as a mortgage broker, Estrella was the business editor of
The Standard-Times of New Bedford and
The Patriot Ledger in Quincy. He lives in Berkley with his wife and three children and is active in the
Berkley Athletic Association. He can be reached at
Estrella@able-able.com.
Help for ‘underwater’ homeowners
Homeowners who owe more than 80 percent of their property’s value might be able to refinance to a lower rate without mortgage insurance. For more information, call us at 508.345.9048. Reducing the interest rate on a $300,000, 30-year mortgage from 5.75 to 4.75 percent drops the monthly principal and interest from $1,742.37 to $1,558.77. That’s $183.60 per month, a 10.5 percent reduction.
See our recent article in The Patriot Ledger regarding more restrictive underwriting http://bit.ly/6FPO5J