Refinancing
Refinancing is often used to lower your interest rate. If rates have dropped since you last financed your home, you may want to consider refinancing. Other common reasons to refinance include paying off a balloon payment, converting an adjustable rate loan to a fixed rate loan or to extract cash equity in your home (cash out). A few reasons for cashing out include: home improvement, an education fund, and consolidating debt.
Another way to convert equity in your home to cash is a "home equity" loan. A "home equity" loan is an alternative to refinancing if your home loan has a very low rate compared to current interest rates or if you have a prepayment penalty on your loan.
Benefits:
- Reduce Your Interest Rate
- Cash Out Equity for Home Improvements
- Consolidate Debt
- Lower Monthly Payments
To Refinance You'll Need:
- Current Appraisal and Analysis
- Verification of Assets and Income
- Click Here to Apply Now
- Click Here To See Paperwork Needed
Testimonials
What People Are Saying
"OB Expert-Paul was a pleasure to work with on getting a loan on an investment property in Ocean Beach. He worked hard to get us the best rate possible and complete the transaction in a timely manner."
Thad Schoesler
San Diego
