REFINANCE NOW

Does it make sense to Refinance Now ?                     

Term Refinance

• If you  Reduce your Loan Term by 5-10 years
• Keeping close to present payments
• Taking advantage of the low Interest rates
• A 30 year loan at 6.75% interest with 26 years remaining (current payment of $1297) refinanced to a 20 year loan at 5% has a amortized payment of$1319.Saves 6 complete years and $88104.

Work Your Numbers with our Calculators>>>>>

Rate Refinance                                              

• You may want your monthly payment lowered.
• If the difference in current rate and your rate is .5% or greater explore your options.

Work Your Numbers with our Calculators>>>>>>

Refinance to Cash Out

• Pay Bills ,consolidate debt,past property taxes
• Buy Investment Property if Rents break even the Mortgage

Maximum Loan Refinance                                        

• Max Finance to 96.5% for Rate and Term
• Max finance to 95% for Cash Out

CREDIT

• 580+ FICO s can be approved by Automated Underwriting
• 530+ FICOs by Manual Underwriting
• Collections/Charge Offs/Judgements OK as long as not affecting title
• All Legal Residents OK