Can I and Should I refi?

	In the market for a new mortgage loan? We'll be glad to talk about your mortgage needs! Call us at 253.862.0444. Ready to get started? Apply Now.

Ever heard the pearl of wisdom that says you should only consider refinancing if your new interest rate will be at least 1 points below your existing one? That could have been accurate a while back, but as refinancing has been costing less recently, we have programs with zero closing cost. It's a good time to think about a new mortgage loan! Refinancing has various advantages that can make it worth the up-front costs several times over.

Advantages

You may be able to lower your interest rate and reduce your mortgage payment amount with your refinanced loan.  You always get the freedom of skipping your first mortgage payment on the new loan. Additionally, you may be given the option of pulling out some of the equity in your home by "cashing out" a sum of money or consolidate debt. You may have the option to refinance to a shorter-term mortgage loan, giving you the ability to build up your equity quicker.

No Equity Refi

Has the real estate crash left you with little or no equity?  You should take advantage of the H.A.R.P. program (home afforablity refinance Program) that can lend up to 125% of the value of the home.  We also offer streamline FHA, USDA and VA refi that does not require a appraisal so value is not taken in consideration.  Of course if you have a little equity in your home we can refinance you with many of our traditional loan programs to lower your payment and get cash out.  Let our professionals guide you to the very best refinance loan! We are just a phone call away.

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