Rates are at historic lows! It is still a great time to refinance.
Refinancing your home in Chandler Arizona? We're your small, hometown mortgage broker. Let us show you how going local can save you in upfront cost and literally thousands over the life of your mortgage. All while enjoying a higher level of service with a trusted mortgage advisor. Give us a call today at
Reducing Your Monthly Payments
Is your refinance primarily to lower your monthly payments and/or get rid of your private mortgage insurance (PMI) premium? If so, applying for a low, fixed-rate loan could be a good choice for you. If you are planning to stay in your home for less than five or ten years, then an adjustable rate mortgage (ARM) might be a better solution.
Getting Out Some Cash
Are you hoping to cash out some of your home equity with your refinance? Now is a great time. Home values and equity have increased dramatically over the past few years. It could be you need to pay for home improvements, take care of your college kid's tuition, or pay off higher interest debt. Great news - you may be able to do this without increasing your monthly payment. AND you can roll in the closing costs so there will be no cash out of pocket.
Paying it off Sooner
Do you want to build up equity more quickly, have a lower interest rate AND have your mortgage paid off more quickly? If this is your hope, then refinancing to a 10 or 15 year mortgage could be the perfect solution. Even though your mortgage payment will likely increase, you will bepaying less interest; so your equity will increase faster.
To help you figure out your options and the numerous benefits in refinancing, please call us at 480-390-4995 or fill out the quick form below.