With interest rates so low, there’s never been a better time to explore the advantages of mortgage refinancing. It allows you to lower your payments and interest costs, in addition to getting cash out or even paying off your mortgage quicker. Jersey Mortgage Company has helped thousands of families in NJ, NY, PA, FL and CT get the value out of their house in order to reach their personal financial goals.
Mortgage refinancing can open a world of possibilities. You could free up money to pay down high interest credit card debt, invest in other assets, or even pay for home improvements and college tuition. The possibilities for financial freedom are nothing if not intriguing.
The equity you have in your home can act like a savings account that you can access through a cash-out refinance. A drop of just 1-2% could lower your monthly payment substantially, whether you choose a fixed or adjustable mortgage rate option.
There is no "one-size-fits-all" solution, but there are many reasons for mortgage refinancing, particularly if you have an Adjustable Rate Mortgage (ARM). The experts at Jersey Mortgage Company will help you decide whether it makes sense to refinance from an adjustable rate to a fixed rate mortgage; how to keep closing costs to a minimum (or non-existent); and when the optimal time to refinance may be.
We are an award-winning direct lender, which allows us to offer you more options and more competitive mortgage rates than other lenders. As part of the LendRIGHT lender excellence program and noted underwriter of loans, entire process is efficient and smooth. The mortgage refinancing specialists at our NJ, CT, and NYC mortgage company take pride in getting tough deals done and will work alongside you to create a customer refinancing package that suits your current and future needs.
Call us to get started today.