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Refinancing Home Loans Refinancing home loans is not for everyone, but it may be for you. Use refinancing to lock in a low interest rate or find the funds to finance your child’s college tuition. Apply online today using our free short form. 1 2 3 4 5 6 7 8 9
Imperfect Credit Perfect credit not necessary to find a mortgage. Buying a home is still a possibility for those with bad credit and even bankruptcy. Finding the right mortgage for you should not be a painful experience. Unwarranted fears of rejection or of ridiculously high interest rates may be keeping you from buying the home of your dreams. However, the good news is that there are many loans available for people with less than perfect credit. Bad credit does not have to stand in the way of finding your mortgage. 1 2 3 4 5 6 7 8 9
Home Construction Loans Home construction loans are unique because they are often considered two loans, one for construction and one for permanent financing. However, a Construction-to-Permanent loan or a One-Time-Close loan combines the two, making the loan process simpler and less expensive for the borrower. Combining the construction financing and loan amount reduces the cost to the borrower by eliminating a second set of closing costs, as well as the requalifying process. 1 2 3 4 5 6 7 8 9
Rates There are many different components to understand when you are trying to find the right loan. How long of a repayment period do you want? Do you qualify for a fixed rate? Is an adjustable rate better suited to your needs? Understanding the factors that create your loan can take the stress out of the decision making process and keep you from taking terms will eventually cost you money. Fill out our free short form to contact up to four lenders about your loan. 1 2 3 4 5 6 7 8 9
Mortgage Calc A mortgage calc can also show you the difference that the term of your loan makes on your repayment schedule. A $997 monthly payment on a $150,000 loan at 7% over the period of 30 years with $209,263 in total interest may sound acceptable, but using the calculator you can compare this monthly payment to what would be paid on a shorter term loan. The same loan with a 15 year term would have higher monthly payment of 1,348, which is $351 more. However, the 15 year term would cut the total interest in half to the amount of 92,683. In this case, cutting your loan term in half and paying $351 more a month could save you over $100,000. 1 2 3 4 5 6 7 8 9
Mortgage Refiancing If you have a mortgage and your monthly payments are too large or your interest rate is too high, you have probably been looking into finding a mortgage refinancing company. Mortgage refinancing is a great resource for homeowners unsatisfied with their loans. Apply online today to contact a mortgage refinancing company. 1 2 3 4 5 6 7 8 9
Refinancing Your Home Refinancing your home loan can often be a terrific way to lower monthly payments and tap into valuable home equity in order to fund home improvement. Apply online today to contact up to four lenders about refinancing. 1 2 3 4 5 6
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