Why Refinance?
Refinancing is the process of paying off your existing mortgage with a new mortgage. Typically, you refinance your mortgage to reduce your interest rate and monthly payment or change the length (or term) of your mortgage. You may also refinance to take cash out from your home’s equity.
Refinancing your loan has a variety of benefits that can make It worth the up-front expenditure a few times over.
Benefits from Refinancing:
Ability to reduce your interest rate and monthly mortgage payment
Consolidate debt and fix up your home by refinancing "cash-out" and pulling out some equity
Add to your equity faster through refinancing a short-term mortgage
Refinance Loan Programs:
- FHA Loans
- FHA Streamline (no appr)
- Conventional Mortgage
- Second Home
- Investment Property
- VA Mortgage Loans
- VA Streamline (no appr)
- Jumbo Loans
- None QM
- Foreign Nationals