It’s a question I hear all the time. “Why should I refinance my loan now?” There’s never been a better time to refinance your home than RIGHT NOW. Interest rates are still in the 3’s, and with the HUGE cut to the PMI rate from the Federal Housing Authority, refinances are saving customers hundreds of dollars. What does this mean for you? It means now is the time to look at lowering your payment, lowering your rate, shortening your term or even getting some cash-out.
A cash-out refinance is one of the BEST reasons to refinance. If you’re looking for money to pay off debts, go back to school, make home improvements, or invest in yourself, it’s the best way to go. Don’t go off and get a Home Equity Line of Credit. CNBC came out this week warning homeowners about HELOC’s. A cash-out refinance is a much safer alternative, and makes all of the sense in the world for anyone that needs cash.
The cash-out refinance is the best way to get your bills under control, as well. When you refinance with The Home Loan Expert, Ryan Kelley, we actually pay your bills FOR YOU. That’s right; you don’t even have to write the checks. We’ll write them for you. It also helps lower your monthly payment, especially if you have an FHA loan with the higher PMI rate.
Give us a call at (317) 550-1515 or visit www.thehomeloanexpert.com/indianapolis to apply online today. If your interest rate is not in the 3’s, call us TODAY, and we will come to you to make sure that you get the best interest rate on the best loan for you.