If it's been a few
years since you got your current mortgage loan, you may need to
refresh your memory about some of the terminology used on these
pages. You can also have our loan officers go over everything
and you do not need to be afraid to ask questions about your refinance.
We want the opportunity
to earn your business. Your mortgage loan, whether buying a house,
or refinancing your current mortgage, is a very big decision and
it is our job to make the process much easier and less frustrating
for you. We do that by educating you on the process, keeping you
informed along the way, and obtaining all the necessary information
from you.
Why refinance
your home? There are a number of reasons to consider
refinancing the loan on your home. Some people refinance as a
way of taking advantage of lower interest rates, called Rate and
Term REFI, enabling them to reduce their monthly mortgage payments
without pulling any home equity out. Some refinance to a shorter-term
mortgage, which enables them to build equity in their homes faster.
And some homeowners refinance to tap into the equity they've accumulated
in their houses, using the funds for home improvement or other
needs, such as debt consolidation or their children's education,
we called these types on loans HELCO or Home Equity Line of Credit
Do you want to take
advantage of these benefits, but wonder if refinancing will be
worth the time and effort? Do you feel unsure about the entire
refinancing process? Don’t worry, the refinancing process
is simple. It involves paying off your existing mortgage loan
and taking out a new one on the same house. Your new mortgage
loan could be at a more attractive interest rate, or for a different
term. Or, you could get an entirely different type of loan —
for example, you could switch from an adjustable-rate mortgage
(ARM) to a fixed-rate mortgage.
Fill
out our refinance
form or call us at 1-888-694-0455
and we will contact you about your refinance goals and options.
