Refinance Mortgage Pachappa
- Cristin 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!
- Cristin 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
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.
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.
- Paul 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.
Refinance Mortgage In Pachappa
Reasons to Take Advantage of Current Low Refinance Rates with a Pachappa, CA Refinance Mortgage
Are you interested in taking advantage of the record low refinance rates with a home refinance loan? If so, you’ve come to the right place! Considered the best refinance company in the area, Jet Direct Mortgage specializes in Pachappa, CA refinance mortgages (and reverse mortgages, too) and has helped countless property owners throughout the Riverside County area get the lowest mortgage refinance rates and maximize the equity in their homes. Instead of searching for “refinance mortgage near me” and hoping you’ll find a reputable company, get in touch with a team that has decades of experience, a proven track record of success, and who can count on to help you secure the best home refinance rates: Jet Direct Mortgage.
The Benefits of a Pachappa, CA Refinance Mortgage
Refinancing refers to the process of rolling the existing mortgage on your Riverside County home into a new loan. With record-low interest refinance rates, you might be thinking about taking out a Pachappa, CA refinance mortgage. Here’s a look at some of the most notable benefits that you can take advantage of when you refinance your mortgage.
A Lower Interest Rate
Perhaps the most common reason why Riverside County homeowners refinance their mortgage is so that they can get a better interest rate on their home loan. If the refinance rates are low, you could save a substantial amount of money. For example, if the interest rate on your existing mortgage is 6% and you can get a 2% interest rate on a Pachappa, CA refinance mortgage, that could translate to serious savings over the life of your loan.
Reduced Monthly Payments
When the interest rate on your mortgage is lower, your monthly payments could end up being lower, too. This is particularly true if you have the same payoff date on your Pachappa, CA refinance mortgage as you did on your original home loan. Alternatively, you could extend your payoff date beyond the current date, which would allow you to pay less toward your principal balance and effectively reduce your monthly mortgage payment.
Access the Equity in Your Riverside County Home
If you take a cash-out Pachappa, CA refinance mortgage, you could borrow against the equity in your home and access those funds and use them for virtually any reason. After you go to closing on your refinance home loan, you would receive a check, and the amount of that check would be added to the principal balance of your new mortgage. Because refinance rates tend to be lower than other kinds of loans, if you need to fund something that has a high price tag – a new car, a home improvement project, a vacation, or even if you want to pay down other debts, for example – refinancing can be a very cost-effective way to borrow the money you need.
A Shorter Term
If you want to pay off your home loan faster, a Pachappa, CA refinance mortgage could help you do just that. For example, if you initially took out a 30-year loan to fund the purchase of your Riverside County home, you could take out a 15-year fixed-rate refinance home loan. Not only will the term of your new loan be shorter, but because the rates on a 15-year loan are usually less than the rates on a 30-year mortgage, you could not only pay off your home faster, but you could do so without seeing a large increase in the amount you’re paying each month.
Switch to a Fixed-Rate Loan
If you took out an adjustable-rate mortgage (ARM) to fund the purchase of your home, it may have seemed like a great idea at the time. While the interest rate on an ARM loan may be lower than the interest rate on a fixed-rate mortgage when the fixed-rate period ends, the interest rate on your ARM mortgage will increase and you could see a notable increase in your monthly payments. With a Pachappa, CA refinance mortgage, you can switch from an adjustable-rate to a fixed-rate loan, so the amount you’ll have to pay on your new loan will be consistent moving forward.
Erase Primary Mortgage Insurance
If you put less than 20% down on the purchase price of your Riverside County home, you likely have to pay primary mortgage insurance (PMI) in addition to your principal balance and interest. Once you’ve accrued 20% equity in your property, you can take out a refinance home loan and get rid of your PMI payment. By eliminating PMI, you can enjoy even more savings each month.
Looking to Take Out a Refinance Mortgage Near You?
If you’d like to take advantage of the above-mentioned benefits, get in touch with a Riverside County company that can help you get the lowest refinance rates: Jet Direct Mortgage. For more information or to start the process of a Pachappa, CA refinance mortgage, give us a call at 631-574-1306 or visit us online at https://www.jetdirectmortgage.com and one of our certified loan officers will be happy to answer all of your questions and assist you with all of your needs.
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