Looking to refinance and lower your monthly payments? We provide customized refinancing solutions, including cash-out, rate & term, and streamline options.
Refinancing is often used to lower your interest rate. If rates have dropped since you last financed your home, you may want to consider refinancing. Other common reasons to refinance include paying off a balloon payment, converting an adjustable rate loan to a fixed rate loan or to extract cash equity in your home (cash out). A few reasons for cashing out include: home improvement, an education fund, and consolidating debt.
Cashing out refers to the refinancing of a loan where the borrowers will borrow money on their own home. If a home is appraised at $300,000 and the borrower’s outstanding mortgage loan is $200,000, it is possible to enter into an 80% cash-out refinance transaction for a loan of $240,000 (80% of $300,000). The new mortgage of $240,000 will pay off the $200,000 loan and leave $40,000 cash-out to the borrowers.
By cashing out on your home, you can obtain cash on the value of your own home to pay off debts (like credit cards that have a higher interest rate) or upcoming expenses. The refinance transaction can also provide you with a better mortgage loan interest rate that will save on your monthly mortgage payments during the loan. And it’s tax-deductible.
If you are looking for this type of refinancing, My USA Mortgages can find a program suited to your financial needs. We offer cash-out programs for Owner-occupied homes and Non-owner occupied homes, with low, affordable rates.
We have the program for you! It is called the Streamline Program. This program is to only lower your current interest rate. I won’t run your credit, I won’t ask you for income and you won’t need to order an appraisal. Just a few papers like your current mortgage statement and we can lower your current interest rate in less than 15 days!!! Why not start saving so money?
This type of refinance is available only to people that currently have an FHA or a VA loan. Call us at 954-400-0488 to find out more.
This type of refinance is available only to people that currently have an FHA or a VA loan. Call us at 954-400-0488 to find out more.
Refinancing is often used to lower your interest rate. If rates have dropped since you last financed your home, you may want to consider refinancing. Other common reasons to refinance include paying off a balloon payment, converting an adjustable rate loan to a fixed rate loan or to extract cash equity in your home (cash out). A few reasons for cashing out include: home improvement, an education fund, and consolidating debt.
Cashing out refers to the refinancing of a loan where the borrowers will borrow money on their own home. If a home is appraised at $300,000 and the borrower’s outstanding mortgage loan is $200,000, it is possible to enter into an 80% cash-out refinance transaction for a loan of $240,000 (80% of $300,000). The new mortgage of $240,000 will pay off the $200,000 loan and leave $40,000 cash-out to the borrowers.
By cashing out on your home, you can obtain cash on the value of your own home to pay off debts (like credit cards that have a higher interest rate) or upcoming expenses. The refinance transaction can also provide you with a better mortgage loan interest rate that will save on your monthly mortgage payments during the loan. And it’s tax-deductible.
If you are looking for this type of refinancing, My USA Mortgages can find a program suited to your financial needs. We offer cash-out programs for Owner-occupied homes and Non-owner occupied homes, with low, affordable rates.
We have the program for you! It is called the Streamline Program. This program is to only lower your current interest rate. I won’t run your credit, I won’t ask you for income and you won’t need to order an appraisal. Just a few papers like your current mortgage statement and we can lower your current interest rate in less than 15 days!!! Why not start saving so money?
This type of refinance is available only to people that currently have an FHA or a VA loan. Call us at 954-400-0488 to find out more.
This type of refinance is available only to people that currently have an FHA or a VA loan. Call us at 954-400-0488 to find out more.