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:
 
1/1/0001 12:00 AM
CNN"s Marshall Cohen walks through how a match on the dating app Bumble led to a Capitol riot suspect being arrested by police. ...Read More
 
How Taiwan is trying to defend against a cyber "World War III"
1/1/0001 12:00 AM
As China steps up military pressure on Taiwan, the self-governing island is preparing for the next big frontier of warfare: crippling cyberattacks. ...Read More
 
Software company"s unveiling of decryption key comes too late for many victims of devastating ransomware attack
1/1/0001 12:00 AM
On Thursday, the software company Kaseya announced that it could help unlock any of its customers" systems that were still inaccessible following a devastating ransomware attack early this month that took down as many as 1,500 businesses worldwide. But for many victims it was too little, too late. Read More
 
Amazon hires outside investigators after employee petition alleges discrimination and harassment
1/1/0001 12:00 AM
Amazon has hired outside investigators to probe the internal culture of part of its cloud computing operations after employees circulated a petition alleging "systemic discrimination, harassment, bullying and bias against women and under-represented groups." Read More
 
Want your unemployment benefits? You may have to submit to facial recognition first
1/1/0001 12:00 AM
After being let go from his job as a software quality-assurance engineer in April, Eric Watkins said he filed for unemployment benefits in Colorado. But he hasn"t received a penny of the $6,490 he said he was eligible to receive and he"s not sure when he will. Read More
 
Software vendor caught up in ransomware attack obtains decryptor key
1/1/0001 12:00 AM
Kaseya, the software firm whose remote access tool was used to deliver REvil ransomware to hundreds of businesses around the world this month in a devastating supply-chain attack, has obtained a decryptor key allowing it to unlock networks seized by the malware, the company confirmed to CNN Business. Read More
 
Massive internet outage: FedEx, Delta and McDonald"s go down
1/1/0001 12:00 AM
A sweeping internet disruption on Thursday briefly took out a wide range of major corporate websites — from FedEx and Delta Air Lines to HSBC and McDonald"s. ...Read More
 
TikTok, Biden administration agree to drop litigation over Trump-era app store ban
1/1/0001 12:00 AM
TikTok and the US government agreed on Wednesday to drop a lawsuit challenging the Trump administration"s attempt to ban the short-form video app from US app stores. ...Read More
 
The FTC vows to "root out" illegal repair restrictions on phones, fridges, tractors and more
1/1/0001 12:00 AM
US regulators are vowing to make it easier for consumers and independent service shops to repair commercial products like smartphones without having to rely on those products" manufacturers, effectively backing a principle known as "right to repair." Read More
 
California sues Activision Blizzard, alleging culture of sexual harassment
1/1/0001 12:00 AM
California"s Department of Fair Employment and Housing filed a civil lawsuit Tuesday against one of America"s largest video game developers Activision Blizzard, alleging multiple female employees were subjected to gender discrimination, sexual harassment, and unequal pay. Read More