Refinance Your Home with Summit Funding, Inc.
As a homeowner, refinancing your home loan may or may not make sense. Lately you may have heard people refinancing due to low interest rates while this is true there are also other things to consider when deciding to complete a refinance:
- Is debt consolidation an option?
- Does the monthly savings justify costs associated with refinancing?
- What does the interest savings over the life the loan look like?
- Can you pay your house off faster by refinancing?
So how do you know the right time to refinance your home?
Here is a free mortgage loan calculator to get help you calculate and compare your current loan program to other available loan programs and rates available in the marketplace, so you can decide if refinancing make sense for you.
When you’re ready to begin your refinance, we can give you up front numbers so you can know you’re making the right financial choice. By completing an online mortgage rate quote or online prequalification form, we can give you loan options and interest rates so you can do your proper research.
Tell us the loan programs you’re interested in or let us suggest some loan programs for you based upon your financial situation. Choose from 30 year to 15 year loans. We make the the researching phase easy so you can get a combination of the best possible loan terms with a competitive interest rate.
Decide on refinancing options:
- Loan Term: 30 year fixed, maybe a 25 year fixed or even a 15 year fixed?
- Discount Points: discount points versus no discount points cost/benefits?
- Occupancy: primary residence, second home or investment property?
Many homeowners choose to refinance for good reasons. With today’s low mortgage rates you might be able to save money on your monthly mortgage payments. Home loan refinancing can also give you cash out to consolidate debts or even improve your credit rating. Maybe you have a first mortgage and a second mortgage on your property? Mortgage refinancing can help you consolidate your first and second mortgage into one new loan. Maybe you’re considering paying off your mortgage in full at some point? You can refinance your property into a shorter term loan to pay off your mortgage faster.
Whatever your reason and whenever you’re ready, Scott Sheldon can help you attain all the benefits of refinancing custom-tailored to your financial situation.
Refinancing Tips & Advice
See How The Harp 2: Refinance Program works with No Loan To Value Restriction
2 tests to determine if refinancing makes sense or not.
Use this free chart as guide to your refinance loan.
Discover why receiving a second opinion refinance is the smartest choice.
How to decide when to refinance your home.
Learn the truth the answer might surprise you.
If you are going to be refinancing, and you have a second mortgage loan how that component works.
Yes it’s possible you can refinance without starting a new loan term.