At Movement, we’re always looking for ways to move you
home, even if your wealth is still tied up in a house that
hasn’t sold yet.
With our recast tool, you can buy the home of your dreams
now, without worrying long term about higher monthly
payments, decreased borrowing power or costly PMI
(private mortgage insurance).
Here’s how it works:
1. Use the money you do have for a down payment now,
so you don’t miss out on a new home.
2. When you sell your original property, you can use
all or some of the proceeds to reduce your monthly
payments and could save more over the life of the loan.
Simple, right? Recasting your loan with a lump sum is a great
way to save money and a much more aordable and simpler
alternative to refinancing.
Here are a few qualifying details to keep in mind:
• The loan must be serviced by Movement Mortgage
• Must be purchased by Fannie Mae or Freddie Mac
(conventional loan)
• Minimum additional payment: $10,000
• Client must make at least one on-time payment
at the original loan terms
• Small $500 fee required
DID YOU KNOW?
(even if you haven’t sold your current one)
YOU CAN BUY A NEW HOME NOW
DOES A LOAN RECAST
SOUND RIGHT FOR YOU?
REACH OUT TO OUR TEAM
TO DISCUSS FURTHER!
855-979-1084 or
servicing@movement.com
8024 Calvin Hall Rd, Indian Land, SC 29707 | www.movement.com
PID11712-2_AO0523
Movement Mortgage, LLC supports Equal Housing Opportunity. NMLS ID# 39179 (For licensing information, go to: www.nmlsconsumeraccess.org) | 877-314-1499. Movement Mortgage, LLC is licensed by AL # 21022, AK # AK39179, AZ # 0918544, AR # 105002, “CA Department of Financial Protection & Innovation (DFPI) under the California Residential
Mortgage Lending Act” # 4131054, CO # 39179, CT # ML-39179, DE # 012644, D.C. # MLB39179, FL # MLD1360, GA # 23002, HI # HI-39179 & MS205, ID # MBL-8027 & RRL-9397, IL # MB.6760898, IN # 18121, IA # 2013-0023 & 88883410, KS# MC.0025343, KY # MC85066, LA, ME # 39179, MD # 19094, MA Broker & Lender # MC39179, MI # FR0021343 &
SR0020189, MN # MN-MO-39179, MS# 39179, MO # 18-2096, MT # 39179, NE, NV # 3401, NH # 20985-MB, Licensed by the N.J. Department of Banking and Insurance, NM, Licensed Mortgage Banker-NYS Banking Dept. #B500997 & B501039, NC # L-142670, ND # MB103223, OH # RM.804187.000, OK # ML002646, OR # ML-5081 & MS-37, PA # 34374, Rhode
Island Licensed Lender, Broker and Servicer 20153194LL & 20153195LB & 20153196LS, SC # MLS - 39179, SD # ML.05007, TN # 112748, TX, UT # 7773921, VT # 6862, 39179-1 & 1288 MB, VA # MC-5112, WA # CL-39179, WI # 39179BA & 39179BR, WV # MB-32019 & ML-32020, WY # 3104 & SL-3790. Interest rates and products are subject to change without notice
and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits. “Movement Mortgage” is a registered trademark of the Movement Mortgage, LLC, a Delaware limited liability company. 8024 Calvin Hall Rd, Indian Land, SC 29707.
