Thinking of Refinancing? IMPORTANT READ.

Many of our clients are hesitant to pull the trigger on a refinance because they are afraid their property value has fallen... to the point where there is little to no or even negative equity in the home.  Others just aren't sure and it can be difficult to structure a refinance without knowing how much equity is in the home.  There are options!

First, for some, getting a Preliminary Desk Review completed by a State Certified Appraiser is step one and at only $99., easier to stomach than the price of a full appraisal.  While the value can change after a site inspection, this is the best way to get as close as possible to the value of your home.  And, if you do go thru with the refinance with us, you get the $99. back at closing. 

Secondly, if you think there is little to no to negative equity in your home, HARP 2, the new government program is going to hit the streets soon.  This new program is going to allow many homeowners the opportunity to refinance, even with negative equity in their home.  There will be guidelines and a good payment history required, but this will be the best opportunity and most lenient refinance program we've seen in a long time.  This program will primarily help those people with conventional mortgages. 

More info to follow, as soon as our investors get their guidelines together and are able to start taking applications.