When you refinance, you are getting a new first mortgage that pays off and replaces the old one. The move can lower your monthly payments and/or your overall interest bill.
That's because you're replacing an older, higher-rate loan with a new, lower-rate one. Someone who is a year into a 30-year fixed rate mortgage for $150,000 at 8.5 percent can refinance into a new 30-year loan at 7 percent, for example. Doing so cuts the monthly payment by $155 to $998 and the overall interest bill by almost $42,200 to $223,000.
Rob
Schmidt
Rob
is here to assist you with your financing needs.
Beginning his financing career in 1985 in the Automotive business and
moving forward into Residential Mortgages and Refinancing. His over 17 years as
a finance professional insures you of easy, straight forward
Loan assistance. You’ve got
questions, Rob has answers.
Rob’s
Promise to you . It is my policy to
provide pre-qualifications free of charge to all people serious about purchasing
their new homes or vehicles, or desiring to save thousands of dollars through
refinancing or debt consolidation. Furthermore, I believe that my clients are
entitled to prompt, courteous, professional service. If a refinance
transaction is not in the client's best interest I will tell that client so.
I build my business primarily on the referrals of my clients, so I take customer
service very seriously. Thank you for the opportunity to assist you in meeting
your goals
You
can reach Rob through the following website
http://www.810Loan.com
or by calling 408-810-5626
Getting qualified before you apply for a loan can help you understand how much you can borrow.
, 125% Home Equity Loans, Home Improvement Loans, Home Equity Credit Line, Home Equity Loan Rates
Homeowners with Adjustable Rate Mortgages
We offer a variety of home loan programs including our best rate fixed loans