How do I know what type of refinance loan is best for me?

There isn’t a single or simple answer to this question. The right type of mortgage for you depends on many different factors:

  • How you expect your finances to change.
  • How long you intend to keep your house.
  • How comfortable you are with your mortgage payment changing.

For example, a 15-year fixed rate mortgage can save you many thousands of dollars in interest payments over the life of the loan, but your monthly payments will be higher. An adjustable rate mortgage may get you started with a lower monthly payment than a fixed rate mortgage, but your payments could get higher when the interest rate changes.

The best way to find the “right” answer is to discuss your finances, your plans and financial prospects, and your preferences frankly with a financial professional.

What if I want to purchase a home? Even the thought of it in today’s market seems overwhelming.

Purchasing a new home is still one of the greatest investments you will ever make financially and emotionally. In today’s somewhat turbulent market you need someone on your side that will be there for you is knowledgeable and can help educate you on the best options. Our staff is here to help walk you through this exciting but sometimes confusing process and ensure you are armed with all the information you need as well as the most competitive loan products on the market.

Our staff of mortgage professionals is here to discuss your entire financial picture with you to assist you in making the right choice for your needs.