Is Your Mortgage Still Right for You?

Is Your Mortgage Still Right for You?

When was the last time you took a good, hard look at your home mortgage? You could be due for a Mortgage Checkup.

Your mortgage may have been a good fit back when you bought your home. But times change ─ and so does your financial condition and goals. So how can you tell if your mortgage is still working for you … or if it’s now working against you?

If you’re not absolutely certain that your home loan is still right for you, it’s time for a Mortgage Checkup.

Alliance Home Loans’ free and easy Mortgage Checkup is a great way to quickly review and evaluate your mortgage and see if there are options out there that will better help you meet your financial goals. Click here to start your Mortgage Checkup.

If your financial situation has changed, refinancing your mortgage could make good sense. Even if you’re perfectly happy with the terms of your current mortgage, you still might benefit from refinancing.

Why refi? There are lots of excellent reasons.

  • Lower your interest rate and monthly payments
  • Pay for home improvements
  • Consolidate debt
  • Eliminate or lower mortgage insurance
  • Pay off your home faster
  • Avoid increasing payments in an ARM loan
  • You’re upside down on your loan
  • Remove a co-borrower from your loan
  • Convert your home equity into cash

 

Choosing the loan that’s right for you.

There are many outstanding options for refinancing your mortgage. But different loans have different requirements, depending on the agency, property type and program. Some loans and lenders require full documentation of your financial history ─ and some require little more than a driver’s license. As a full-service mortgage company, we even offers some loan programs with no closing costs. Just consider some of the refi options that we offer:

  • Conventional loans
    • Conforming Rate & Term Refinance
    • Conforming Cash Out Refinance
  • Government loans
    • FHA Cash Out Refinance
    • FHA Streamline Refinance
    • VA Cash Out Refinance
    • VA Interest Rate Reduction Refinance (IRRRL) Loan
    • Home Affordable Refinance Program (HARP) 2.0
    • USDA Guaranteed Refinance Loan

So does refinancing make sense for you?

How does your mortgage measure up to today’s rates and loan options? Is it the best fit for your current financial situation? Could you be saving money? These are all great questions, and we’re here to help you answer them. An Alliance Home Loans expert will work with you to weigh all the benefits, explore all the available resources and determine if refinancing is your best move ─ and if the answer is yes, we’ll find the loan program that’s the ideal match for you and your financial goals.

Ready to get started? Contact us today.

Learn more about Alliance Home Loans' refinancing programs here.

Get Started with Your Home Loan