
Let's Refinance Your Home Loan
At Just Funded Mortgage, we are consistently building, & re-building, our portfolio of products so that you have a range of loans that’ll meet your needs. Our care for you is unmatched and, as your trusted advisers, our flexible lending guidelines make purchasing quick & painless. As you build your house into a home, we will be here for the life of your loan.
Eliminate PMI and lower your monthly payments
Think back to when you obtained your loan and bought your home. If your down payment was less than 20% of the purchase price, you are most likely paying private mortgage insurance (PMI) on top of your monthly payment. The great news is that home values are on the rise, and when you refinance with our low rates, you might be able to eliminate PMI and lower your overall monthly payment.
TAKE THIS SITUATION, FOR EXAMPLE:
400,000
$ Loan Amount
95
% Original Home Equity
80
% LTV Current Home Equity
400,000
$ Refi Amount
450
$ Monthly Savings
Please note: All loans are subject to credit, underwriting, and property approval. Programs, rates, terms, and conditions are subject to change without notice. Other restrictions may apply.
How to get cash from your home loan
A cash-out refi allows you to access a portion of your home’s equity and turn it into cash. While it’s true that you can use the cash for whatever you like, the smart decision is to pay off high-interest debt (including credit cards and student loans), or make improvements on your home to increase its value.
TAKE THIS SITUATION, FOR EXAMPLE:
500,000
$ Home Value
300,000
$ Mortgage Balance
400,000
$ Your New Loan Total
100,000
$ Refi Amount
Please note: All loans are subject to credit, underwriting, and property approval. Programs, rates, terms, and conditions are subject to change without notice. Other restrictions may apply.
Change your term and lower the amount you pay in interest
As your trusted advisers, we want to make sure you’re getting the most from your home loan, even if that means a bit less for us. If you refinance with one of our shorter term loans, you could possibly shorten the length of your loan term and might pay less interest overall. Imagine owning your home free and clear! With Just Funded Mortgage, it might be sooner than you think!
TAKE THIS SITUATION, FOR EXAMPLE:
$250,000
$ Current Loan Amount
@ 6.5% for 30 years
$250,000
$ New Loan Amount
@ 6.5% for 15 years
$176,862
$ Interest Savings
Please note: All loans are subject to credit, underwriting, and property approval. Programs, rates, terms, and conditions are subject to change without notice. Other restrictions may apply.
CONTACT A LOAN EXPERT
Our team is here to help make getting a mortgage easy. We’re available on your schedule over text, email, or phone. Let’s talk.
Why you should choose us to assist you with Refinancing your home?
- We help you cash out, consolidate or make improvements with flexible loan terms & competitive rates.
- You can complete the entire process online, by phone or at one of our offices near you. We make it easy!
- Our 20 years of experience gives us the edge to help our clients… often we help after their banks and credit unions said no.
- We will work to find the best option for your situation, based on your family’s goals.
- Maximizing your return on investment with Investment Property refinance.
- FHA Cash Out
- Conventional Refinancing
- FHA Streamline Interest Rate Reductions (FHA Streamlines) – No Appraisals
- VA Interest Rate Reductions Loans (IRRRLs) – No Appraisals
- Debt Consolidation
- FHA Down to 500 Credit Scores