Las Vegas Home Mortgage, Refinance, Equity & Commercial Lending.

Refinance that ARM loan today, consolidate your first and second into a 30 year loan, or more. Contact us for mortgage refinance information today.

Clients come to us seeking a mortgage refinance for many different
reasons.
Here are a few possible mortgage refinance scenarios and the
benefits of each.

#1. Debt Consolidation Loan
This is one of the most common requests I receive. It's a great way to pay
off credit cards and save money in high interest payments. The math is
simple, if you are paying a higher interest rate on your credit cards than
you would with a new mortgage than you will more than likely save money on
your bottom line every month. It is not uncommon to save $500 or more in
interest payments every month. Remember, the minimum payment you are
required to pay on your credit cards is only paying the interest, not the
principal. Some clients don't realize this and end up getting in over
there head in debt. A debt consolidation mortgage refinance is a great way
to receive a fresh start.

#2. Rate and Term Refinance
Simply put, this is a mortgage refinance in which you change the rate and
the term of your loan without taking out any cash. Why would I want to do
this you may ask. One of the most common reasons is perhaps when you
purchased your home you had less than perfect credit and ended up in a
non-prime home loan. Typically you would have what is called a 2/28 or a
3/27 Adjustable Rate Mortgage (ARM) loan. What that means is the rate is
fixed for either 2 or 3 years and then goes adjustable. The rates for
these loans are always higher than an 'A' Paper loan. Assuming you have
improved your credit rating you can do a mortgage refinance and the end of
the fixed rate period into a more desirable loan with a much better rate.

#3. Home Improvement Loan
This in a fun mortgage refinance loan . You get to upgrade your home but you are adding value at the same time.
It's a win-win situation.

Maybe your mortgage refinance falls into one of these categories and maybe
it doesn't. Regardless, contact me today for a mortgage refinance evaluation
and I will assist in finding the perfect loan for you.