What type of Refinance are you interested in?
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This is when you refinance your current mortgage to lower your rate or change your terms. You cannot take cash out or payoff a loan used to receive cash. With rates still, now is a good time to get a low fixed rate. Of course we welcome our current customers and will discount the closing costs!
A cashout refinance is when you refinance your current
mortgage for a higher
amount and use the
excess cash to pay off
bills, do home
improvements or for any
other reason.
Types of 2nd Mortgages include Home Equity Loans and Home Equity Lines of Credit. These can be used to access equity in your home for numerous reasons. These give you the opportunity to avoid PMI and leave existing 1st mortgages alone.
Have you been wanting to remodel your kitchen but you are unsure how to fund it?
With a renovation loan you can finance your home improvements. Certain credit and
appraisal requirements would apply.
