Why should you refinance your mortgage?

	Should you refinance? We'll be glad to answer your questions about your mortgage needs! Call us at 210-842-4185. Ready to get started? Apply Here.

Interest rates have never been lower, and you should always investigate refinancing your loan to either reduce your payment or loan term, access equity, or even make home repairs.  You might save thousands of $$$$ by making a simple phone call to us at 210-842-4185.  

Lowering your rate can reduce your monthly payment, and an updated appraisal might relieve you of current mortgage insurance.

Lowering your term and interest rate might leave your payment essentially the same, but remove 5, 10, or 15 years from your schedule.  Again, an updated appraisal might relieve you or PMI requirements.  Savings can add up to many thousands of dollars over the life of the loan.

Do you need to borrow some of your equity?  A Texas Home Equity Loan might not only lower your current monthly payment, but also access equity for personal needs.  Texas law limits us to a total of 80% of current appraised value, and one equity loan per year.  Call us for more information on this financial tool.

Do you need to make home repairs at the same time?  The Fannie Mae HomeStyle loan or the FHA 203k loan can be used to refinance and make repairs and upgrades at the same time.

So there are many advantages to be gained through refinancing.  Call us at 210-842-4185 for more information.