Mortgage Company Downtown Sharlotte

  • Elizabeth Munoz AvatarElizabeth Munoz

    It was a pleasure working with Jet Direct. All my questions were answered promptly. I will refer them to family and friends. Thank you to Jet Direct for making it a smooth process!

    John Michael AvatarJohn Michael

    Working with Pete, Jeff and Lauren was great. They helped me through the process and made it a great experience for us. I will recommend Jet to all our friends.

  • Adam Gurley AvatarAdam Gurley

    Peter Pescatore and his team were all class acts. They made buying my home stress-free. I will be recommending them to everyone!

    Margo Urquijo AvatarMargo Urquijo

    Jet Direct was the best to work. We loved Enid so much. She was beyond helpful and made us feel so confident in the process. We will be recommending Enid and Jet Direct to any of our friends or family. So thankful for all you have done for my husband and I.

  • Cristin Savino AvatarCristin Savino

    As a first time home buyer I was very nervous about the whole home buying process. Peter Pescatore and his team were very helpful, polite, and extremely professional throughout the entire process. And, best of all, they got me a better rate then I was hoping for! They made buying my first home completely stress-free. I highly recommend using Jet Direct for any of your home buying needs!

    Rachel Nieves AvatarRachel Nieves

    What a pleasure it was working with Peter, Jeff and Lauren. They are very knowledge in their field. The explained every step of the way what was happening and what we were to expect. We must have emailed them a million times and they never were upset at us for doing so. Not only did we use them to get our mortgage, but they can help years later to modify your mortgage and try to bring down your rates. We could have never of sold and bought our new home without them. I highly recommend them.

  • Rachel Klein AvatarRachel Klein

    They made ma feel like family, they took me every step of the way . Thank you!

    Vanessa Horowitz AvatarVanessa Horowitz

    Sal was a pleasure to work with. He was personable, patient and informative. I would highly recommend Sal.

  • Cristin Savino AvatarCristin Savino

    As a first time home buyer I was very nervous about the whole home buying process. Peter Pescatore and his team were very helpful, polite, and extremely professional throughout the entire process. And, best of all, they got me a better rate then I was hoping for! They made buying my first home completely stress-free. I highly recommend using Jet Direct for any of your home buying needs!

    Paul Teri AvatarPaul Teri

    As first time home buyers, we were grateful to work with Sal Petrozzino! Not only is he personable, but he was always available to answer any questions we had along the way - didn't matter if it was nights or weekends. His guidance and expertise helped us to make the best possible decisions as we worked to close on our new home.

  • Surimaribo24 AvatarSurimaribo24

    Thank you jet mortgage Team. Enid -Michelle-Irene and the team are simply the best, with the speed and being on top of everything. they treat their clients like a king . dont look anywhere else if you're looking for a mortgage this is the one and last stop. they are PRO and will get you the best rates .words can't express how thankful we are. thank you for getting us into our first home.

Refinance Mortgage: Important Things You Should Know Before Refinancing Your Mecklenburg County Home

Thinking about a refinance mortgage? You’re not alone. Refinancing makes up a large percentage of the applications that mortgage companies in Mecklenburg County, NC receive each year. Considering the near-record-low interest rates, it’s easy to see why. Once you figure out the mortgage calculations with the current low-interest rates compared to the rates you may have secured when you first took out your home loan, you could stand to save a substantial amount of money in the long run.

With that said, however, before you attempt to refinance, it’s important to speak to a reputable mortgage company and take several factors into consideration. Here’s a look at some important things that you should know if you’re thinking about a refinance mortgage.

Find Out the Equity of Your Home

The equity of your home is one of the first and most important factors that you will need to consider when you’re thinking about refinancing, as your equity will determine whether or not you are eligible for a refinance mortgage. If you have very little or no equity in your home, refinancing may not be possible, especially with a conventional loan. Fortunately, home values have been steadily rising, so there’s a good chance that you have acquired a good bit of equity. However, even if you have little equity, many mortgage companies do offer programs that you may be able to take advantage of. A knowledgeable and experienced mortgage broker, like one of the associates at Jet Direct Mortgage, will be able to help you determine if you qualify for a refinancing program.

Debt-to-Income Ratio

Debt-to-income ratio is a measure that is used to determine the amount you owe on your monthly debts compared to your monthly gross income (the amount you earn each month before deductions, such as taxes, health insurance, retirement benefits, etc., are taken out of your pay). Generally speaking, the ideal debt-to-income ratio for refinancing should be no more than 36%; however, if your debt-to-income ratio is higher, that doesn’t automatically mean you won’t qualify for refinancing. A reputable mortgage company may be able to assist you or at least provide you with advice to bring this figure down so that you can qualify for a better rate on a refinance mortgage.

Your Credit Score

After the mortgage crisis of 2008, many lenders have increased the standards for refinancing options. One of those standards is your credit score. Generally, mortgage lenders want their applicants to have a healthy credit score of at least 760 in order to be considered eligible for a low-interest rate on a refinance mortgage. Do note, however, that even if your credit score is lower than the recommended 760, you don’t have to automatically give up hope; there may still be options available for you. At Jet Direct Mortgage, we can help you explore all the different options and provide you with valuable advice that you can use to increase your credit score.

Refinancing Fees

Refinancing your mortgage – especially at a lower rate than you’re currently paying – can help you save a significant amount of money over the life of your loan. However, many Mecklenburg County homeowners don’t realize that there are fees associated with refinancing. Typically, it costs around 3% to 6% of the total amount of the loan when you’re refinancing, though there are ways that you can lower the expense or include the cost into your new loan. For example, if you have a good bit of equity in your property, you may be able to combine the expenses that are associated with refinancing into the new loan. Also, there are lenders that do offer what is referred to as “no-cost” refinance options. When you work with Jet Direct Mortgage, we’ll always explore all avenues to help you get the best deal possible on a refinance mortgage. 

Understand Your Taxes

A lot of Downtown Sharlotte, NY property owners depend on the mortgage interest deduction to bring the cost of their federal income tax bill down. If you do refinance and the interest rate on your new mortgage is lower, your mortgage interest deduction may also be lower. However, that’s not to say that you’ll definitely end up paying more in taxes. Experienced mortgage companies – like Jet Direct – will be able to help you review your taxes and determine the impact refinancing may have on your taxes.

Know the Current Refinance Rate

It’s important to understand that the rates on refinance mortgages change on a regular basis. The refinance mortgage rate today may be different next week or even tomorrow. That’s why it’s important to get in touch with an experienced mortgage company that has a proven track record of success, that can provide you with the most updated information, and that offers the most competitive rates possible, like Jet Direct Mortgage.

For the Best Refinance Mortgage Options in Mecklenburg County, NC, Contact Jet Direct Mortgage Today!

If you’re interested in refinancing your mortgage and you live in the Downtown Sharlotte area and you’re looking for mortgage companies near me, get in touch with one of the leading brokers in Mecklenburg County, NC: Jet Direct Mortgage. We have successfully helped countless homeowners throughout the region secure lower rates on their home mortgages and save a substantial amount of money on the life of their loans. To learn more or to schedule a consultation with one of our knowledgeable and experienced mortgage brokers, give us a call at 800-700-4538. We’ll be more than happy to walk you through the process and assist you with finding an option that will best work for your needs.

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