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:
Softbank-backed satellite startup OneWeb files for bankruptcy
1/1/0001 12:00 AM
...Read More
Venmo and Cash App want to deliver government stimulus payments
1/1/0001 12:00 AM
Online payment services like Venmo and Cash App have exploded in popularity over the past few years, but they haven"t quite hit the legitimacy threshold, at least in the eyes of the federal government, of checks or direct deposit. ...Read More
The ride hailing industry is getting turned on its head by coronavirus
1/1/0001 12:00 AM
Just days after President Donald Trump announced earlier this month that all travel from Europe to the United States would be temporarily suspended due the coronavirus pandemic, a Dallas-based rideshare startup called Alto started seeing a steep drop in demand for rides. Read More
Google is donating $800 million to help with the coronavirus crisis
1/1/0001 12:00 AM
Google is committing to donate more than $800 million to support businesses, organizations and healthcare workers as part of its coronavirus response -- most of it in the form of free advertising. ...Read More
From the brink of bankruptcy to a 1,300% stock gain. How this CEO turned around her company
1/1/0001 12:00 AM
Five years ago, chip maker AMD was bleeding money, laden with debt and staring down a potential bankruptcy. Then Lisa Su took the helm. ...Read More
Apple releases coronavirus screening app and website in partnership with CDC
1/1/0001 12:00 AM
Apple on Friday released a website and an iOS app that allows users to screen themselves for coronavirus symptoms, marking another response to the pandemic by a major tech platform. ...Read More
How governments are using text alerts to fight the coronavirus pandemic
1/1/0001 12:00 AM
For people living in South Korea, emergency texts from officials now come about three to five times a day. ...Read More
People are holding video game weddings and graduation ceremonies
1/1/0001 12:00 AM
During the coronavirus pandemic, people are finding a creative way to stay connected: through video games. ...Read More
Zoom"s massive "overnight success" actually took nine years
1/1/0001 12:00 AM
When you think of a social network, you probably imagine news feeds, birthday reminders and baby photos. But the social network of the moment -- the one that"s currently getting more app downloads than either Snapchat or TikTok -- looks a little different: It"s a videoconferencing service called Zoom, where many peoples" work and social lives now u...Read More
James Dyson designed a new ventilator in 10 days. He"s making 15,000 for the pandemic fight
1/1/0001 12:00 AM
Dyson has received an order from the UK government for 10,000 ventilators to support efforts by the country"s National Health Service to treat coronavirus patients. ...Read More