|
|
Need
to refinance to a low fixed-rate mortgage? Your search ends
here.
Refinancing
your mortgage has never been easier with our flexible programs.
You can lower your rate, get cash out, pay off debt and give
your budget some much-needed breathing room. Learn about refinance
options in the table at right.
And
when you combine the options for a refinance with the loan
options available, the possibilities are numerous. There's
bound to be a solution that's right for you!
Have
questions? Get direct answers from a HomeQuest Mortgage Loan
Officer at 888-499-5822, submit a question online: click
here or visit the HomeQuest
Mortgage Smart Borrower Learning Center for detailed
explanations of the loan process, documentation and more. |
|
Rate
and Term
Generally,
this option is ideal if your current financing is at
a variable or
adjustable rate or if you have a fixed interest rate
higher than the available market rate. Deciding whether
the market rate is "low enough" depends on
your specific circumstances and can be determined in
a conversation with a knowledgeable Loan Officer.
Cash-Out
In
this option, you tap into the available equity in your
home and receive a check that can be used for home improvements,
to build a business or to have cash in the bank. How
much cash may be available to you depends on a number
of factors including your home's value and your current
mortgage payoff amount. Get all the details by speaking
with a Loan Officer.
Debt-Consolidation
Similar
to the cash-out, the scope of refinancing for the purpose
of debt-consolidation is more defined. If you have credit
card balances higher than you're comfortable with, the
equity is used to pay those off which dramatically lowers
how much goes out of your budget each month and often
increases your credit score. Learn about all the benefits
of debt-consolidation by speaking with a Loan Officer.
|
|
