Home Loan Refinancing
Weâre your refinancing experts.
Save Money With Home Loan Refinancing
Refinancing allows you to replace an existing mortgage with a new loan at a better interest rate and term. Itâs a common process, but not all refinancing options are created equal. Weâre home loan experts that will walk with you every step.
Your Guide to Refinancing
Is Refinancing Right for You?
If you already have a home loan and want to save money, free up cash, or consolidate mortgages, a refinance is for you. Itâs the perfect opportunity to change your mortgage structure or program to fit your current needs.
The National Home Loans Difference
John Giannattasio has been recognized as one the top 100 mortgage brokers in the nation. Itâs because of his commitment to exceptional customer service and getting you the best refinance rates possible. Choosing National Home Loans means you get John G. and his expert team in your corner.
Benefits of Refinancing Your Home Loan:
Save Money
Interest rates may be lower than what youâre currently paying, or you may not need mortgage insurance any longer!
Change Terms
Your financial situation might have changed since you took out your loan. A refinance can alter your loan terms to fit.
Get Cash
Refinancing can free up cash for you to work on your home, pay off some debt, or fund a purchase.
Consolidate Debt
You can roll two home loans â or a HELOC â into one during a refinance, simplifying your finances.
FAQs
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Do I have to refinance with my current lender?
No, you can choose any lender to refinance your mortgage with (since the new loan will replace the old one).
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Will I always save money refinancing?
If youâre watching the market and want to lock in a lower rate in the near future, it may be more cost effective to pay a discount point for a lower rate instead of paying for a full refinance.
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How long do I have to wait to refinance after a purchase transaction?
The rule of thumb is 8-12 months, but there are exceptions. (Itâs also good to check with your lender when you apply for your mortgage in the first place to see if there are any short-term penalties for refinancing within the first year.)
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Do the years on my mortgage restart when I refinance?
No! When you refinance, you can start on a shorter loan term. For example, if you held a 30-year loan for three years and then refinanced, you could set the new loan up on a 27-year term.
Rated one of the top 100 mortgage brokers in the nation
by the Scotsman Guide
Helping You Find Your Way Home.
Ready for a stress-free mortgage experience? Request rates or contact John today!