Low Rates Mean It’s a Great Time to Refinance
When you refinance your mortgage, you pay off your existing mortgage and replace it with a new mortgage that typically has a lower interest rate, term period, or monthly payment.
If you have both a primary mortgage and a second mortgage, you could refinance both by paying them off and replacing them with one new mortgage. You may also refinance a non-FHA loan with an FHA loan. But refinancing has costs, so it isn’t always right for everyone.
SEE IF YOU QUALIFY
Contact us right away and start on the path towards your home loan refinance!
Fill out this form and we will reach out to you right away to schedule a no-cost consultation. If you’re ready to get started, click “Pre-Qualify” below. You can also contact us by phone or email.
Sample loan scenario: $200,000 purchase price, $196,377 loan amount, 3.5% down payment, $1,392.21/month (PITI), 30-year fixed 4.5% interest rate, 6.182% APR. Subject to property type, loan-to-value, and credit score. Rates, program terms, and conditions are subject to change without notice. Not all products are available in all states or for all amounts. Additional conditions, qualifications, and restrictions may apply. This is not an offer for extension of credit or a commitment to lend. Please contact Academy Mortgage for more information.
*Academy Mortgage’s 3rd Quarter 2016 Customer Satisfaction Survey, with a sample size of 6,944 Responses
** Source: CoreLogic Marketrac Report for 2015, published in January 2016