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Let's Refinance Your Home Loan

A mortgage refinance is the replacement of your existing mortgage with a new loan that may have different or more favorable terms, such as a shorter repayment term, a lower interest rate, or lower monthly payments (total finance charges may be higher over the life of the loan). Refinancing often results in a more favorable financial situation.

Eliminate PMI and lower your monthly payments

Think back to when you built 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

96

% Original Home Equity

80

% LTV Current Home Equity

357,286

$ 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 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:

250,000

$ Home Value

150,000

$ Mortgage Balance

200,000

$ Your New Loan Total

50,000

$ Eligible Cash for You

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 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 lower rate 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
@ 5.25% for 30 years

250,000

$ New Loan Amount
@ 5.25% for 15 years

89,395

$ 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 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.

FIND A LOAN OFFICER

Why you should choose us to assist you with Refinancing your Primary Residence / Refinance Investment Property

  • 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

Other loans you might be interested in:

  • FHA Refinancing
  • Conventional Refinancing
  • FHA Streamline Interest Rate Reductions (IRRLs) – No Appraisals
  • VA Streamline Interest Rate Reductions (IRRLs) – No Appraisals
  • HARP Loans
  • Debt Consolidations
  • FHA Down to 560 Credit Scores