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Mortgage Refinancing
Nationwide lenders offer low rate mortgage refinancing with refinance options including, conforming, FHA, VA, subprime and hard money. We offer premium rate home refinancing for borrowers with good and bad credit.
It is very rare that homeowners are content with the mortgage rate they get from their purchase loan. A few years ago the trend for financing was an 80% 1st and a 10 or 20% 2nd mortgage. These borrowers typically took out a 2-year ARM, so in most cases these borrowers need better mortgage refinancing with fixed rate options.
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Save Money with Low Rate
Mortgage Refinancing |
FHA Home Refinancing to 95 or 97%: Fixed rates and fixed monthly payments for 15 or 30 year amortization schedules. Rate and term refinancing is allowed to 97% with FHA. While borrowers who need cash out can refinance to 95% with FHA. Mortgage history in the last twelve months needs to be timely for these government loans. This fixed rate mortgage allows customers to refinance into a streamline loan and there is no pre-payment penalty.
--- Mortgage Refinance Loans up to $729,750
Conventional Refinance Loans to 80 or 90%: These conforming loans are packaged to align with the guidelines set forth by Fannie Mae or Freddie Mac and they are typically sold on the secondary market. The conventional refinance loans are offered with hybrid ARM’s of 3/1, 5/1, 7/1, or 10/1 or with traditional 15 or 30-year fixed rate amortization schedules. Rate and term refinancing is typically maximizes the lowest possible interest rate. Homeowners who need cash out are typically charged .25 of a point to finance the extra money. Credit score, mortgage history and debt ratios are the most important factors to qualify for prime rate, “A paper” mortgage loans.
--- Conforming Home Refinancing from $417,000 to $729,750
| Mortgage Refinance Benefits |
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Lower Rates Equate to Lower Payments |
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95% Cash Out Refinancing with FHA |
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Save Money with Debt Consolidation |
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Finance Cash for Home Remodeling |
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Lock into a 30-Year Fixed Rate Loan |
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100% VA Mortgage Refinancing |
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Home Refinancing for All types of Credit |
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Combine 1st & 2nd Mortgages together |
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Past Bankruptcy OK- Low Credit OK |
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Which refinance loan is the best for you?
One important determining question to ask is...What is the purpose of the loan?
Our refinancing team offers the best solution for your needs and qualifications. Depending upon your credit score, combined loan to value and debt to income ratio, we will recommend the refinance loan that makes the most financial sense for you today, as well as the long run. Choose from conventional, government, second mortgages and credit line terms.
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| Resource Tools |
Loan Comparison Calculator
This calculator will help you to compare the total mortgage interest charges of 4 types of loans.
Mortgage rates dropped again, as the Fed cut key rates that may help save you even more money. Find out today’s mortgage rates and lock into a fixed rate loan that saves you money. |
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