Lock in a Low Fixed Rate and Lower Your Monthly Payment by Refinancing Your Existing Adjustable Rate Mortgage.
One of the most common reasons to refinance your existing mortgage is to take advantage of the lowest available interest rates and thereby save on monthly mortgage costs, however that's not the only benefit of doing so:
Reduce Interest Costs
Reduce Monthly Payments
Reduce Your Risk
Payoff Your Mortgage Faster
Use Your Home's Equity to Borrow More
Refinancing your current mortgage can lower your monthly payment that can help you extend your budget, or perhaps take that dream vacation, or for home improvements/upgrades, etc. It's your choice how to spend the money you'll save.
Compare Loans
Fixed Rate Loans
Reasons for Selecting
Key Benefits
Basic Fixed Rate loans
You want the stability of a fixed principal/interest payment over the life of the loan.
Low down payments.
Reduced Rate Option
You plan to stay in your home for a long time and want a lower rate.
Reduced rate in exchange for limits on refinancing and early principal reduction for the first five years.
Lower Down Payment to Get Into Home Sooner
You want a low down payment amount.
High dollar loan amounts with few to no maximum income earning restrictions
Low Documentation
You have excellent credit and want to avoid paperwork.
