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Refinance
Many people ask "Why should I Refinance?" and there are many answers to that question. You should ask yourself one of the following questions to see if Refinancing is for you:
Do I want to pay off some credit card debt?
Am I long overdue for a vacation?
Do I want to purchase that new car or boat?
Are there home improvements I've been putting off because of money issues?
Don't I want to save money on my monthly mortgage payments?
If you've answered yes to any of those questions, you should consider refinancing. Refinancing can help combine all those high interest credit card into one low interest payment. Why pay rates as high as 18-20% on each card, when you could be paying as little as 6% if not lower? With refinancing you may even be able to lower your monthly mortgage payments or take out some cash to get that new car! Call us today at 973-218-9090 or 1-888-999-1929 and you will be eligible for our "Take a 30-day break" program. This program entitles you to not make your first payment for 30 days or more.
Some of the programs that we offer are:
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Low Fixed Rates
Arm Programs
No Doc
Stated Income
FHA / VA
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Investment Purchases
Interest only Programs
Home Equity Lines of Credit
Bankruptcy Buy Outs
Foreclosure Bail Outs
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Cash-out
Cash-out refinancing is a transaction in which a new mortgage is issued that is greater than the outstanding unpaid principal balance of the previous mortgage. Cash-out transactions allow homeowners to spend the equity they have accumulated in their homes. It differs from a home equity loan or line of credit in that it's a new mortgage, not a second loan against the equity in a home. Both cash-out refis and home equity loans provide vehicles for taking cash from the home's equity.
Debt Consolidation
The process of combining all outstanding debts in one loan account. For example, you may have an existing loan with a balance of $20,500, a credit card balance of $5,000 and a store card balance of $500. These could all be consolidated into one loan of $26,000. The purpose is usually to lower monthly repayments, through either lower interest rates on the new loan, or lower repayments from an extended repayment term, or both.
Purchases
You finally found that dream house you've been searching for? Contact our skilled loan officers to help you make sure you get it. Purchasing a new home is a great way to solidify your credit. Can't put down the 20% equity to avoid PMI - no problem! We can give you up to 100% financing
Jumbo Loans
Standard set Minimum Loan Program amount and everything above. Usually a set of different products and pricing slightly higher.
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