Many homeowners mistakenly think there is no value in refinancing unless they will decrease their interest by 2% or more. This is a myth that for the most part is not true.
Depending on your loan balance, the number of payments you have remaining and the time you plan on keeping your home decreases as small as .5% may allow significant savings over time.
Our refinance consultants can provide you with an accurate analysis that will take into consideration all the costs involved and a time factor to see if refinancing will be a benefit to you.Or you can try our refinance calculator and do a self evaluation
The HARP 2.0 is allowing elegible homeowners to refinance their exisitng mortgage with out any equity and in most cases negative equity.
Interest rates are at historic low levels and expeted to rise in the future years
Obtaining one of these low interest rate loans might be the smartest financial you can make right now it todays uncertain times