Reasons to consider a Mortgage Refinance:

 

Refinancing can reduct your monthly mortgage payment.

Mortgage rates are still very low.  A refinance with Peoples Exchange Bank can help you lower payment and possibly save you money.  Contact us today to find out if you qualify for a refinance!

FHA Loans:  Lower those rising mortgage payments with a government-insured fixed rate loan.

Fixed Rate Mortgage:  Find stability with a traditional fixed rate loan option.

Adjustable Rate Mortgagae:  Pay less over a traditional fixed rate mortgage for the first years of your loan with an ARM.  Get the lowest rates available and save money.

VA Loan:  Refinance up to 100% of your home or buy a new home with no down payment and never pay monthly insurance (PMI).  Great rates and savings may be available to you if you are an eligible military member, veteran, or spouse of a veteran. 

 

Consolidate high interest debt with a lower mortgage rate.

You could pay off those highter-interest debts by refinancing into a lower rate.  Even with less-than-perfect credit, we can help you lower your monthly payment and pay off your higher-interest debt.  By consolidating your payments into one low monthly payment, you may pay less each month.  Depending on the program that works for you, you might be able to pay off your debt sooner, which may help improve your credit score.

 

Pay off your mortgage faster.

The shorter the term on your mortgage, the lower your mortgage rate.  Did you know that you may be able to take advantage of today's competitive rates by shortening the term of your loan?  There are many options available that could potentially help you pay off your mortgage faster and could help you save money.

 

When to Refinance Your Mortgage?

We offer information on a variety of mortage refinancing rates and options.  When you are ready to take the next step, feel free to give us a call to discuss which mortgage refinancing program meets your needs, and help you refinance with minimal hassle and work.