If you’re stuck with increasing monthly mortgage payments that are unaffordable, it may be time to consider a loan refinance. With the help of refinance specialists, you can refinance to prevent defaulting on your loan and save your home from foreclosure. Additionally, by choosing to refinance, you’ll have the option of switching to a fixed rate mortgage, getting cash out for home improvements, and debt consolidation. Contact a refinance specialist to explore your options, which include an FHA refinance.
Keep Your Home with a FHA Mortgage Refinance
With an FHA Refinance Loan you can:
- Prevent Foreclosure
- Adjust from an ARM to Fixed Rate Mortgage
- Get Cash Out for Home Improvements
- Consolidate Your Debt
Refinancing your existing mortgage is perhaps the easiest and most logical way to help save you from foreclosure. With the recent fallout of the subprime lending market, tens of thousands of Americans are in search of a solution to their mounting mortgage payments. We can help.
Adjustable Rate Mortgage to Fixed Rate Mortgage
With continually increasing interest rates, many people with an Adjustable Rate Mortgage (ARM) are starting to see their monthly payments climb. Ensure a low and steady monthly payment by taking advantage of a Fixed Rate Refinance. Contact our FHA Loan Specialist to get assistance and to determine how much your monthly payments will be with a New Fixed Rate mortgage.
Get Cash Out for Home Improvements
You can use the equity in your home to get cash out for a variety of purposes. You may also refinance your home to take cash out and make home improvements. Determine how much Cash you can get with a Refinance using your home’s equity.
Consolidate Your Debt
If you are in debt and have high credit card bills, many credit counselors will advise you to consolidate the debt. Consolidating your debt by Refinancing your home and using the money to pay off credit card (and other) bills is a great way to save money and lower your monthly payments on your debt. You get the advantage of reducing interest payments on your total debt by consolidating it into your home loan. Find out how much you can save by Consolidating your Debt with a Refinance.