Houston Mortgage,Houston Home Equity,Houston Home Equity Loan,houston home loan,Houston Realtor,Houston Real Estate,Houston Equity,Texas Mortgage,Texas Real Estate,Texas Home Equity,texas home equity loan,Texas home loan,Texas Equity,Orlando Mortgage,Orlando Real Estate,Orlando Home Equity,orlando home loan,Orlando Equity,Florida Mortgage,Florida Real Estate,Florida Home Equity,Florida Equity,California Mortgage,California Real Estate,California Home Equity,California Equity,mortgage,equity,debt consolidation,home loan,home equity loan,real estate,real estate investingWhich refinancing option is best for you?

We'll work with you to qualify you for the best loan program to fit your needs.

Are you refinancing primarily to lower your rate and monthly payments? Your best option might be a low fixed-rate loan. Maybe you have a fixed-rate mortgage now with a higher rate, or maybe you have an ARM- adjustable rate mortgage where the interest rate varies. Even if it's low now, it is most likely temporary, when you qualify for a fixed-rate mortgage you lock that low rate in for the life of your loan. This is especially a good idea if you don't think you'll be moving within the next five years or so. If you see yourself moving within the next few years, an ARM with a low initial rate might be the best way to lower your monthly payment.

Are you refinancing primarily to cash out some home equity? Maybe you want to pay for home improvements, pay your child's college tuition bill, take your dream vacation. Then you'll want to qualify for a loan for more than the balance remaining on your current mortgage. If you've had your current mortgage for a number of years and/or have a mortgage whose interest rate is higher, you may be able to do this without increasing your monthly payment.

You want to cash out some equity to consolidate other debt? Good idea! If you have the equity in your home to make it work, paying off other debt with higher interest rates than the interest rate on your mortgage for example, credit cards, home equity loans, car loans, some student loans -- means you can save possibly hundreds of dollars a month.

Do you want to build up home equity more quickly, and pay off your mortgage sooner? Consider refinancing with a shorter-term loan, such as a 15-year mortgage. Your payments will be higher than with a longer-term loan, but in exchange, you will pay substantially less interest and will build up equity more quickly. If you have had your current 30-year mortgage for a number of years and the loan balance is relatively low, you may be able to do this without increasing your monthly payment -- you may even be able to save! For example, let's say years ago you took out a $150,000 30-year mortgage at eight percent. Your payment is about $1,100, without taxes, insurance and so on. If your balance today is down to $130,000, you might take out a 15-year mortgage at six percent and have an almost identical monthly payment. This is a great option for people whose main goal is not to save money on their monthly payment but rather want to build up equity and pay off their home more quickly.

Apply Now & Qualify Today!!!

Lates Technology News:
A fourth-grader walked to school to use its WiFi because he didn"t have internet at home
1/1/0001 12:00 AM
A fourth grader in Roswell, New Mexico, has been walking to his elementary school to do his classwork over the building"s WiFi because he didn"t have internet access at home. ...Read More
Few lines but plenty of excitement as the iPhone 12 arrives in China
1/1/0001 12:00 AM
The iPhone 12 has arrived in China, and Apple fans are already lining up for it — just not necessarily at stores. ...Read More
Buying an iPhone at the Apple Store will be different this year. Here"s how
1/1/0001 12:00 AM
The new iPhone hits shelves on Friday, and that usually means fans lining up outside Apple Stores around the world. ...Read More
Huawei"s sales growth slows as US sanctions bite
1/1/0001 12:00 AM
Huawei says sales growth is sputtering, after Washington tightened restrictions and cut off the Chinese tech company"s access to key technology. ...Read More
1/1/0001 12:00 AM
...Read More
Smart sensors could track social distancing in the office
1/1/0001 12:00 AM
Finding ways to maintain social distancing will be key to getting workers back into the office. An Israeli company thinks it can help, using smart sensors mounted on workplace ceilings. ...Read More
Uber and Lyft must reclassify drivers as employees, appeals court finds
1/1/0001 12:00 AM
In a blow to Uber and Lyft, a California appeals court said Thursday that the companies must reclassify their drivers as employees rather than independent contractors, affirming an earlier court decision. ...Read More
1/1/0001 12:00 AM
Nobody likes to have their phone stolen ... unless it"s stolen by your own toddler in the middle of your TikTok dance. Video of an adorable theft delighted the internet and inspired people to post other babies (and a pet fox) swiping phones. CNN"s Jeanne Moos reports. Read More
iPhone 12 review: Upgrade for the camera, not 5G
1/1/0001 12:00 AM
Deciding whether — or when — to upgrade your smartphone is hard. Besides some attempts at swanky foldable phones, the look of smartphones hasn"t changed much in recent years. Most improvements, while technologically impressive, mostly feel minor to the average consumer. But Apple"s latest iPhone lineup has analysts predicting tons of upgrades.
Read More
Uber drivers sue over alleged "pressure" to vote, advocate for Prop 22
1/1/0001 12:00 AM
For months, Uber drivers and passengers in California have received aggressive messaging in support of its controversial ballot initiative, Proposition 22. ...Read More