Refinance

If you are not sure whether you want to keep or sell your existing home or investment property, you may want to evaluate your refinance options before making a final decision. The lending market today is very different than it was a few years ago. If you can qualify for a loan, you can likely benefit from mortgage rates that are at historically low levels. However, lending guidelines are generally significantly more conservative than they were during the 2002-2007 housing boom, so many individuals and families who qualified for a loan during the boom days no longer qualify for a refinance under the narrower current lending guidelines. The best way to understand and evaluate your refinance options is to actually talk to a handful of key lenders, as lending programs and rates generally vary by lender. Please contact us if you would like us to share with you our list of contacts we work with at various lending institutions.