It’s time to buy your new home, and now you need to get your loan in place. You want the best rate, the best loan for your situation, and know that everything fits into your monthly budget. Whether you are a first time home buyer or a seasoned investor, All Home Lending’s team have the expertise to help you navigate through all of our programs. With our hassle free & streamlined process, our home loan experts can assist you in your home buying decisions…
Want to make the biggest impact on your monthly budget? Your single biggest factor should be lowering your monthly mortgage payment. However, before you decide if refinancing your current loan is the best decision, let’s take a look at some of the details.
By refinancing to a lower rate, the clear benefit is a lower payment every month. Even an interest rate reduction of one-half of a percent can make a difference in the payments that is quite noticeable.
A reverse mortgage frees up your equity so you can use it now, when you need it most. Some people simply want to live without the worry of next month's mortgage payment threatening their financial well-being. Others need cash to meet the expenses of medical bills or independent living assistance. Still, others need a little extra to pay for home renovations, a new car, or to take that vacation they've always dreamed of - the choice is yours.