If you decide that refinancing is the best choice for you,
there are many loan options to choose from:
Fixed Rate Loans:This is a popular loan because you have the ability
to lock in a low fixed rate that will never change for the term of the loan
(15, 20, 30, 40-year loans).
Adjustable Rate Loans: This is a flexible loan geared towards your
short-term Real Estate goals.
Cash-out Refi Loans: This allows you to get extra money
without having to take out a second mortgage.
Interest-Only Loans: This particular loan helps
stretch your cash out longer and lowers your payments.
FHA Loans: These loans are a great option in this current
economy. FHA loans offer the ability to have low down payment options
and more flexible guidelines than the more traditional mortgages.
The market is constantly changing. Our goal is to provide you with the most accurate rate based on your specific Home Financing needs. Underwriting guidelines for qualifications change frequently and each loan scenario is unique. Please contact our Mortgage Loan Professionals for the latest and up-to-date Mortgage Rates.