Refinancing Your Home?
Whether you want to refinance your primary residence, second home or investment property, our expert advisors can help you lower your interest rate and payment.
Why should you refinance?
With home mortgage rates at historic lows, you should seriously consider reevaluationg your mortgage. If you have had a mortgage loan for several years you may have the opportunity to lower your rate and thus your monthly mortgage payment. Saving money each month means you can pay off other debts, save towards your childs's education, or take that vacation you always wanted.
How can you refinance?
Cash-Out Refinance: Need some extra cash to make some home improvements or pay your child’s college tuition? Cash-out refinancing is a great option for homeowner’s who have built a significant amount of equity into their home over the years.
FHA Streamline: An FHA streamline mortgage is a fast and easy way to save money on your FHA mortgage loan. Depending on the terms of your current mortgage, you may be eligible to refinance with a minimum 5% reduction in your payment, with no appraisal, income or asset verification required.
VA Interest Rate Reduction Refinance Loan (IRRL): If you are an activie duty military personnel or a Veteran, this refinance option can help you obtain a lower interest rate and monthly payment by refinancing your existing VA mortgage loans.
Harp 2.0 Program: The government's HARP 2.0 program may allow you to refinance into a more affordable mortgage, even if your house is not worth what it was when you purchased it.
Refinance to a Fixed-Rate Mortgage: Mortgage rates can go up and down. If rates go up and you have an adjustable-rate mortgage, you'll be paying more every month. By refinancing to a fixed-rate mortgage, you can lock in a rate over the life of the loan and will pay the same amount each month.