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Affordable Financial Services Can Reduce Monthly Payments

 
 


Two Ways to Lower Your Monthly Payments If
Interest Rates Don't Go Down:

Extend the Repayment Plan

Reduce your monthly payments to extend the repayment period. Regardless of 15 or 20 years left on your 30 year mortgage, you can decrease your payments, or replace the current mortgage with another 30 year mortgage. Even if interest rates have gone down, you'll end up with lower payments. A perfect situation to borrow more equity if you need to.

Switching From a Fixed Rate To An Arm.

Convert a fixed rate to an adjustable mortgage.

Get a lower loan payment with an adjustable mortgage, as long as interest rates remain the same or go down. Your monthly payments will increase if interest rates rise. Do you plan on selling or buying a home within the next few years? The lowest adjustable rate could be just what you're looking for.

 

 
     
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FHA Financing:

FHA financing provides a safe and affordable loan option for homebuyers. With only a 3.5% down payment requirement, competitive fixed rates, and a generally easy qualification process, FHA loans are a popular choice today, especially for first time homebuyers: FHA loans are tailored to first-home buyers or those who have already bought a home but have less-than-perfect credit. However, almost anyone is eligible for an FHA Loan. Connect with one of our Loan Specialists to see how much you can save today!

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