Home Refinancing
Refinance your current mortgage at a new, low, fixed interest rate. You'll save every month.
Our Home Refinance Loans are designed to reduce your monthly mortgage payments. With our current low interest rates, refinancing your existing mortgage will allow you to keep more money in your own pocket.
Refinancing
Times are challenging. However, interest rates are still very attractive and historically low.
A Basic Definition:
Mortgage refinancing is simply the process of taking out a new loan to replace an existing loan(s).
Benefits of Refinancing
Refinancing your mortgage can:
Significantly reduce your monthly mortgage payments, putting more money in your pocket each month.
Lock you into a lower fixed rate.
Obtain CASH from the new refinance loan to be used for almost any purpose! Commonly referred to as a "refinance and cash out" loan.
Accelerate repayment of the debt, reducing the amount of interest paid over the life of the loan.
Combine your 1st and 2nd mortgage into one payment.
If you currently have an ARM, avoid another rate adjustment, lock into a lower fixed rate that will never go up!
Clear tax liens.
Save your home from foreclosure.
Pay a large balloon payment that might be coming up.
As you saw above, people refinance for many reasons but your personal objectives are very important in the type of refinancing you undertake. Tell us what your objective is, and we will devise a strategy to achieve it.
Obtain a lower interest rate and monthly payment, leaving more money in your pocket each month.
Combine the first mortgage and subordinate mortgages into a single mortgage payment, reducing the payment and the number of bills you need to pay on each month.
Consolidate other debts into a new mortgage which will decrease your monthly payments and increase the amount of interest deductible on your taxes.
Lengthen or shorten the term of your loan to correspond to your personal goals.
Reduce your monthly payment and apply the savings to faster loan repayment.
Take advantage of a lower interest rate and at the same time receive extra cash.
THINK YOU WON'T QUALIFY? THINK AGAIN!
Self-employed?...OK!
Fixed income?...OK!
Hard to verify income?...OK!
Have a bankruptcy?...OK!
Jerry Sell Mortgage Services Will Achieve Your Objective.
Even if you have been turned down before, or think you will not qualify, we are confident that we can help refinance your existing 1st or 2nd mortgage.
A Variety of Refinancing Programs Available
Fixed or adjustable rates.
5, 10, 15, 20, 30 year terms are available.
Conventional refinance programs and rates are available.
Non-owner occupied and rental properties are no problem to refinance.
VA Refinancing Programs Are Available
And Many Other Options!
These are only some of the options available when you call Jerry Sell Mortgage Services. Regardless of your financial need or credit background, we may be able to HELP refinance your existing mortgage.
