Call Today
770-472-7533
HOME | ABOUT US | CONTACT US
Call Today
770-472-7533
HOME | ABOUT US | CONTACT US

PURCHASE LOANS FHA, VA, Conventional, FHA 203-k, Hud Homes, 2nd Homes and Investment property. We can help.

REFINANCE LOANSHarp, Du Refi Plus, FHA streamline (owner & investment) VA, Investment. Let us help.

OUR PROGRAMS Let us guide you through the home buying or refinancing process and finding the right program.

 
 
mortgage
Use our calculators to see if you can afford your dream home.

PURCHASE LOANS FHA, VA, Conventional, FHA 203-k, Hud Homes, 2nd Homes and Investment property. We can help.

REFINANCE LOANSHarp, Du Refi Plus, FHA streamline (owner & investment) VA, Investment. Let us help.

OUR PROGRAMS Let us guide you through the home buying or refinancing process and finding the right program.

 
 
mortgage
Use our calculators to see if you can afford your dream home.

Refinance Considerations

When you're making your decision, there are several things to keep in mind.

If your current interest rate is significantly higher than today's lowest rates, you may be able to roll your loan costs into the loan and still get a lower rate than you have today, thereby reducing your interest payments and saving money immediately.

Second, if you are planning to stay in your home for at least three to five years, it may make sense to pay "points" (a point equals 1% of the loan amount) and closing costs to get the lowest available rate.

And third, you can avoid laying out cash and still get a low rate by adding the points and closing costs to your new mortgage. Does that mean shouldering a lot of extra debt? Not necessarily. If you've had your current mortgage for at least three years, you've probably reduced your balance by several thousand dollars. So you may be able to tack your closing costs onto your new loan and still end up with a mortgage that's smaller than your original one -- plus, of course, a lower rate and lower monthly payment.

Google Analytics

Print  

 Ga. Residential Mortgage #31466

 Ga. Residential Mortgage #31466

Home Loan Pros, Inc.
NMLS: 397243
2011 Commerce Dr F-113
Peachtree City, Ga 30269
Privacy | Terms | Contact Us | Home

Home Loan Pros, Inc.
NMLS: 397243
2011 Commerce Dr F-113
Peachtree City, Ga 30269
Privacy | Terms | Contact Us | Home


Search Engine Optimization Copyright © 2014 Search Engine Optimization by Elliottsweb.com Website Optimized by: Elliottsweb.com