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You Choose The Best Loan For
You!
A
simple refinance of your existing mortgage for a lower interest
rate.
This is simply replacing your existing mortgage
with a new mortgage for better rates and/or terms (number
of years, balloon, no balloon, adjustable rate, fixed rate,
etc.).
Refinance to include paying off an existing second
mortgage.
Much like the above, but with the additional step
of paying off an existing second mortgage or home equity
line of credit (HELOC).
Refinance
to include paying off existing second mortgage and additional
debt.
Building on
the two programs above, a refinance that consolidates all
mortgages and debt (a great idea).
Refinance
with extra cash out for home improvements, investments,
etc.
Like the above, but a refinance for a lower rate.
You can pull cash out for anything you desire.
Refinance including paying off credit cards and
other debts that does not exceed 95 percent of your home's
value.
Once you borrow above 80 percent of your home's
value, rates increase slightly. Your overall monthly payment
typically goes down dramatically.
Refinance
including debt consolidation, up to 125 percent of your
home's value.
Allows total consolidation of your debt, as well
as reducing the rate of your first mortgage. You can also
borrow up to 125 percent of your home's value as a second
mortgage only.
A
simple second mortgage loan for debt consolidation, home
improvements, investments, etc.
Up to 125 percent,
rates are primarily credit-score driven.
Second
mortgage loan up to 90 to 100 percent of your home's value.
Rates tend to be lower than for 125 percent loans,
and they're also credit-score driven.
Second mortgage loan up to 100 to 125 percent
of your home's value.
Try out our debt consolidation calculator. You
will be shocked at the monthly savings you can achieve. |