With interest rates at all time lows, there's no better time to refinance to lower your monthly payment, decrease the term of your loan, access cash or consolidate debt.

What is the most common misconception about refinancing?
MYTH: The lender you make your mortgage payment to holds your home loan.
FACT: Most home loans are owned by Fannie, Freddie, FHA or VA. The lender you make your mortgage payment to most likely only provides customer service for your loan, such as collecting payments. When considering refinancing, regardless of where you go, it's most likely going to be a new loan with all new paperwork even if using your current mortgage lender. Why not shop around to make sure you are receiving the best interest rate and the proper loan?

How Your Credit Score Affects Lending Options: 
One point on your credit score can change your interest rate or approval process. Ideally, you should prepare well in advance to maximize your credit score. Here are a few things you can do right now. 

Contact us today to discuss your refinancing options.