Refinance

WHAT DOES IT MEAN TO REFINANCE?

Simply put, a mortgage refinance is the replacement of an existing mortgage with another mortgage under different terms. Changing the terms of your mortgage can benefit you by lowering your monthly payment. Also help to meet major expenses such as home improvement, medical expenses, tuition and debt consolidation.

We offer many options to help you tap into your home equity to satisfy your financial needs:

- Non-Owner Occupied - Owner Occupied

- Qualify With No Tax Returns - Bank Statements Qualification

- Maximum Loan Amount 80% Equity

- Credit Score (FICO) as low as 620

- Terms 30, 25, 15 years

- Fixed Rate or Adjustable Rate

Call Us Now: 954-801-2419 [or] Continue Learning

REASONS TO REFINANCE

CASH OUT: Use some of your home equity to pay for medical bills, home improvements or other emergencies

DEBT CONSOLIDATION: Use some of your home equity to pay off higher interest debt or credit cards

STOP PMI: Stop paying Private Mortgage Insurance (PMI). Typically, if your down-payment was less than 20% you are required to pay PMI. When the equity in your home exceeds 20%, you are entitled to drop the PMI payment thereby reducing your monthly payment

CHANGE INTEREST RATE: Example, switch from an Adjustable Rate to a Fixed Rate so your monthly payment will remain fixed for as long as you own the home. Or switch to a lower interest rate to reduce your monthly payment and leave more money in your pocket. It is recommended that the new rate must be sufficiently lower to compensate for the cost of refinancing

SHORTEN TERM: For example, change from a 30-year to a 15-year term. You may build up equity faster, and pay far less in total interest over the life of the loan

Working with Mortgage Funding Group

YOU ARE NUMBER 1 - We put you first no matter your financial situation.

PERSONALIZED CUSTOMER SERVICE - Fast, efficient, helpful and professional. We close most of our loans in 30 days or less.

COMMON SENSE UNDERWRITING - We offer a variety of loans from mortgage lenders that utilize "common sense" underwriting. Each borrower is reviewed and analyzed based on their financial situation and personal history, including obstacles that life brings. We can find you the loan that is right for YOU!!!

MANY LOAN PROGRAMS - Including First Time Buyer, Fresh Start, Self Employed, Foreign National programs.

Refinance A Mortgage

TAKE CONTROL OF YOUR FINANCES

LOWER MORTGAGE PAYMENT...CONSOLIDATE DEBT... HOME IMPROVEMENT...

CALCULATE YOUR REFINANCE RATE AND PAYMENT

CALL US NOW AT 954-801-2419

DECIDING IF REFINANCE IS RIGHT FOR YOU?

REASONS TO REFINANCE

Working with Mortgage Funding Group

We are here to help!