Meet Tristan And Maya
- They’re Looking To Change Their Loan Term
- They Want To Lower Their Interest Rate
- Looking To Lower Their Monthly Payment
- Considering Using The Equity In Their Home To Remodel
- They’ve Owned Their Current Home For More Than 6 Months
We Make The Home Buying Process As Smooth As Possible
What Is A Refinance Loan?
A Refinance pays off an existing loan early with funds obtained from the Refi loan. Refinancing a mortgage can be a helpful strategy for homeowners. When interest rates are lower than the rate at which a homeowner took out their original mortgage, it’s worth examining whether refinancing could help save on interest charges.
Several options:
- Rate And Term Refi
- Cash-Out Refi
- Home Affordable Refi Program (HARP)
- FHA Streamline Refi
- VA IRRL
Refinance Loan Key Takeaways:
- Decreasing The Loan Term Usually Results In A Lower Interest Rate But Higher Monthly Payment. You will Pay Off Your Mortgage Sooner This Way Because You Are Paying More Toward Principle Each Month.
- You May Be Able To Lower Your Interest Rate, Payment, or both with a Refinance.
- You Can Pull Cash Out Against The Equity Of Your Home If You Refinance For A Greater Amount Than What You Currently Owe On The Home. You Can Use This Money To Improve The Value Of The Home Or Pay Off Other Debt At A Lower Interest Rate
- You Can Use A Refinance To To Convert An Adjustable-Rate Mortgage (ARM) To A Fixed-Rate Mortgage
A Refinance Loan might be right for you:
- You Want To Lower Your Monthly Payments
- You Want To Lower Your Interest Rate
- You Want To Use The Equity In Your Home to Pay Down Other Debt Or Remodel Your Home
- You Want To Change Your Loan Term
- You Want To Convert an Adjustable-Rate Mortgage to a Fixed-Rate Mortgage
- You Want To Get Rid Of Your Mortgage Insurance
What Are Our Customers Saying?