Refinancing Options

Refinancing is when you replace your existing home loan with a new loan.

The Refinancing process could also lower your risk. You can refinance out of an ARM (Adjustable Rate Mortgage) program into a FIXED-RATE mortgage to lower Risk and increase stability.

You could also refinance to pull cash out of your Home’s Equity.

There has never been a more appropriate time for refinancing your mortgage than there is today. The current job market and economy have been consistently improving. The interest rates are a powerful lure, but we may see some fluctuation and increase in the months to follow.

As a rule of thumb, anyone who can find a deal that will recapture the closing costs within 18 months should consider this a refinance loan Program. Loan programs available are; 30 year and 15 year fixed rates, adjustable rate mortgages and Jumbo loans (amounts over $484,350)

For more information, call or email Ken at 713-464-4848 or