Do you have regrets about your current mortgage? Do you wish you had chosen a different type of mortgage rate? Do you think a lot about how much less you could be paying if you had applied for a home loan today?
You do not need to be stuck with your original home loan if it is no longer the most suitable product. In fact, the sooner you refinance your mortgage in Stockton or elsewhere in CA, the sooner you can start saving money.
A home loan refinance allows you to replace your existing mortgage rates and terms with those which better serve your needs. Some potential benefits of refinancing your home loan could include:
Following are some situations which might call for a refinance:
If financial metrics such as your credit score have improved, your borrowing power has also. This puts you in a position to negotiate for a more favorable mortgage through a refinance.
If you are paying on an adjustable-rate mortgage (ARM) which has ballooned out of control, a refinance may be able to restore financial stability.
Discovered that you will be leaving the Stockton area soon? Think about refinancing your fixed-rate mortgage into an adjustable-rate mortgage and reaping the savings from the low introductory rate between now and when you move out.
Chose an ARM initially, but prefer a fixed rate mortgage now that you know you’ll be staying in your home for the long term? A refinance means you will pay predictable rates going forward.
Can’t make ends meet with your monthly bills? Extend your mortgage term so that you have more time to pay off your loan, and you can reduce how much you pay each month.
Wish there were a way you could pay off your mortgage before the full term is up without being penalized? Refinancing to a home loan without such penalties could save you money.
There may be other situations as well where a refinance in California could simplify your financial life and save you money. This is something which we can discuss with you during your Stockton refinance free consultation.
If you are ready to schedule your consultation, please call (209) 477-0262 or email firstname.lastname@example.org. As soon as you refinance your mortgage, you can begin reaping the benefits in terms of cost savings, financial stability and peace of mind.
Top Rated Mortgage Broker In Stockton
H.O.M.E. Lending is located on 1919 Grand Canal Blvd A6, Stockton. Located about 10.5 miles from the Stockton Metropolitan Airport (SCK). From the 5 Fwy exit March Ln and turn east. Then turn right at the 3rd light (McGaw) and turn into the first drive way. H.O.M.E. Lending is located directly across the street from F&M Bank.
We are open Monday - Friday 8am - 6pm.
For additional questions you can call us at (209) 477-0262 or you can find us on Yelp.
H.O.M.E. Lending is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.