Refinance

Take Advantage Of New Lower Rates!

If you own a home now, it might be smart to consider refinancing. Homeowners have several reasons for refinancing:

• Get a lower interest rate and monthly payment
• Reduce or eliminate monthly mortgage insurance
• Reduce the term of your loan to pay it off faster
• Use equity in your home to pay off high-interest debts
• Take out funds to do home improvements
• Buy out another person’s ownership in a property

Most refinances are done with a conventional loan. Owners with an FHA or USDA Rural Development loan may be eligible to do a streamline-refinance.

Owners with a VA loan may be eligible for a VA IRRRL streamline refinance without the need for an appraisal or income documents.