Refinance Loans
Refinancing a home mortgage can be a big decision for many homeowners. Your situation and needs change over time so why shouldn’t your mortgage? Now might be the right time for you to refinance into a lower rate mortgage. You should take the time to consider the following questions to see if refinancing makes sense for you.
Are you tired of your adjustable-rate that never seems to stop adjusting?
Is Private Mortgage Insurance (PMI) getting you down when it doesn’t need to?
Has the time come to save more money every month?
Are mortgage rates currently lower than what your rate is?
Will other financial opportunities present themselves as you refinance?
Refinance Benefits
There are many refinancing options available, and the benefits of each are unique. Whether you’re looking to reduce your payments or consolidate your debt, we can help. Call or come in today to get your process moving.
Lowering your Monthly Payment
Cashing-out Equity
Consolidating Debt
Dropping Private Mortgage Insurance
Buy Down your Rate
Low-cost Refinancing
Refinance Checklist
Below are listed some of the more common documents needed to refinance.
Employment Information
Most recent month’s pay stubs (originals)
W-2 forms—past 2 years’ (copies)
Income tax return information, especially if self-employed—past 2 years’ (copies)
Assets & Obligations Information
Checking, savings, or stock accounts; 401K information; etc. (copies)
Current credit score and reports
Debt data such as credit card or current mortgage information
Insurance Information
Homeowners insurance (copy, especially of the declarations page)
Proof of title insurance