Should I Refinance My Mortgage?

Have you asked the question lately, “Should I refinance my mortgage?”  If so, you are not alone as it is one of the top searched questions regarding refinancing.

In today’s video post Don answers this very question.  With mortgage rates being at record lows and people hesitant to purchase due to the unrest of our country and economy, refinancing your mortgage may just be the best action to take at this time.  You will learn in this video the main reasons why people refinance and what the rule of thumb is regarding whether you should refinance or not.

Be sure to check out the takeaways below after you watch the video.

Here are some things you will learn in this video:

  • What are the reasons to refinance your mortgage?
  • What are the refinance options out there?
  • What is the “Rule of Thumb” for refinancing?
  • Does refinancing make sense for me at this time?
  • What do I need to do to get started?

Stay connected with Don and his team @IWantAGreatHomeLoan and sign-up for our email updates.

If you live in Missouri and want to get started right away with a mortgage refinance loan, then fill out our Quick Inquiry and a member of our team will contact you shortly.

What are your questions regarding mortgage refinancing?  Will this help you in your current situation?  Please leave your comments below.

The Home Affordable Refinance Program (HARP 2.0) is Here! Are You Eligible?

What is HARP 2.0?

Better question might be, “Are you upside down on your mortgage and want to refinance, but don’t feel you qualify?” If that is you, then I highly recommend that you spend a few moments and watch the video below.

In this video, I sit down with Don and ask some of the pressing questions regarding the HARP 2.0 program and who qualifies.

This is a limited time program, so don’t procrastinate and miss out if you qualify. With rates still hitting record lows there is no better time than now to take advantage of the HARP 2.0 program.

Be sure to check out the takeaways below after you watch this video.

Here are some of the things you’ll learn in this video:

  • What is this “HARP” loan everyone is talking about?
  • Can anyone get a HARP loan?  Who can’t use it?
  • What kind of mortgage rates and terms does it have?
  • What are the costs to do a refinance?
  • What if my home appraises for less than what I owe?
  • This sounds to good to be true, what is the catch?

Stay connected with Don and his team @IWantAGreatHomeLoan and sign-up for our email updates.

If you live in Missouri and want to get started right away with a HARP 2.0 loan, then fill out our Quick Inquiry and a member of our team will contact you shortly.

What are your thoughts on the HARP 2.0 loan program?  Will this help you in your current situation?  Please leave your comments below.

Rate Alert on Jumbo Loans

RATE ALERT…RATE ALERT…RATE ALERT

Jumbo Portfolio Rates

Up to $1Million > $1 Million
30 Yr Fixed 4.45% 4.65%
10/1 Yr ARM 3.90% 4.10%
7/1 Yr ARM 3.50% 3.70%
5/1 Yr ARM 3.15% 3.35%
3/1 Yr ARM 2.45% 2.65%
1/1 Yr ARM 2.20% 2.40%

 

 

 

 

 

 

*Add 20 bps in TX and NM

• Purchase and Refinance available > $417,000+
• Cash out is available
• 80% loan to value to consolidate 1st and 2nd
mortgages in CA, FL, MI, NV, and AZ
• 90% loan to value to consolidate 1st and 2nd
mortgages in all remaining states

For complete product guidelines / restrictions / current rates please contact Don at (417) 844-5370 or fill out our contact form.