Best Mortgage Refinance Rates
Updated on 9/18/2012In competitive home loan markets, finding the lowest refinance rates is just a matter of looking around - or it is simplified by visiting a site like Lender411 where multiple lenders compete. Take advantage of favorable market conditions and government support which encourages Americans to lower their mortgage payments by refinancing their loan. Even if you do not have enough equity in your home, in other words are underwater, you can benefit from the HARP 2.0 Refinance Program.
In the end what you need in addition to a low refinance rate is an experienced lender to guide you toward the right home refinance loan option.
Lender411's purpose is to help you learn more about the refinance process so you can make informed decisions. We do that by providing you with a secure and personalized platform where you can take advantage of our knowledge-building resources and then as your needs necessitate confidentially interact with the top mortgage lenders in your local area. You will find many useful links on this page.
FHA Refinance
Whether you are looking to take cash out or lower your monthly payments, an FHA mortgage refinance loan can meet homeowners needs. In the current market, many borrowers are turning to FHA refinancing options in order to get out of their ARM (adjustable rate mortgage) and into a fixed rate scenario which provides these homeowners with greater stability. To qualify, the house or property must be the borrower's primary residence.
FHA Streamline
The main advantage to an FHA streamline refinance over a standard FHA refinance is an expedited process for borrowers already with an FHA conventional loan. Requirements are made simpler, do not require a credit check, no income verification is performed and a re-appraisal of the house is optional. Tip: Ask your lender if proceeding without a re-appraisal will place any restrictions on your FHA Streamline refinance loan.
Refinancing a Jumbo Loan
When it comes to refinancing a jumbo loan, we advise discussing all variables with your lender due to the additional variables involved. For example, the following question could arise: What is the best course of action when an older jumbo loan now qualifies as a conforming or conventional loan?
411 LoanDESK
We invite you to ask questions using our Ask a Question feature, allowing any of our community of mortgage loan experts to respond. However, if you feel that your questions are best answered on a personal level or are ready to confidentially engage mortgage lenders now, we invite you to take advantage of our exclusive LoanDESK dashboard. Within the LoanDESK platform:
- You are matched to lenders according to your specific criteria
- Matched brokers are provided with your specific loan scenario while keeping your personal identity anonymous (if so desired)
- Your questions are answered and messages are exchanged safely, securely and privately
traldr_460_760 May 15, 2013 at 8:05pm PDT
Contact GCM Financial Services if you want to have your loan closed in 30 days or less. They offered the lowest rate with the best customer service that is available to speak on weekends! Tanya Aldridge was my broker and she was there for me at every step of the way! http://www.gcmfinancialservices.info 239-672-6244
paramo_200_418 February 14, 2013 at 8:52pm PST
CommentsDo you need an urgent loan? if yes then get back to us as soon as possible through email: paramountloanfirm01@gmail.com
ericjo_718_440 January 10, 2013 at 10:24pm PST
ICC Mortgage And financial Services, Is a sincere and certified private Loan company approved by the Government, we give out international and local loans to all countries in the world,Amount given out $2,500 to $100,000,000 Dollars, Euro and Pounds.We offer loans with a dependable guarantee to all of our clients. Our loan interest rates are very low and affordable with a negotiable duration.Available nowMORTGAGE, PERSONAL, TRAVEL, STUDENT, EXPANSION OF BUSINESS AND NEW UNSECURED, SECURE, CONSOLIDATEAND MOREApply for a loan today with your loan amount and duration, Its Easy and fast to get. 4% interest rates and monthly installment payments.morethanlending@gmail.comRegardsEric Jones
mariab_257_869 December 6, 2012 at 7:33am PST
Please can I get the fhone number or adress of any office here in miami?
dlarso_862_735 September 18, 2012 at 10:16am PDT
Comments: I am upside down in my condo in AZ. I purchased at $157500 - today valued at $80-90K. I have a $135k mtg. I am interested in the HARP2.0 program. I have excellent credit (784 per experian). Can you folks help?
MtgWholesale August 11, 2012 at 11:09am PDT
Check lender www.mortgagewholesale.com. They have wholesale rates with no loan origination fees. They will issue a net sheet same day you call which will outline all fees involved. They can also price your rate to offset any costs and will have you closing with little to no money out of pocket. Super helpful and available after 5 P.M. which worked for me because I work all day. Two thumbs up! www.mortgagewholesale.com
christ_469_163 June 18, 2012 at 3:48pm PDT
Once again, the process with RoundPoint Mortgage Company (California) was excellent from start to finish. Every single person who helped us through the process was a real professional and a pleasure to work with. The automated process was so easy to understand and use. It was a real pleasure doing business with them again. We refinanced the loan on our house last year and our son and his wife just completed the refinance on their house. I sent out an email to my entire address book. It is not easy to find the right company to work with.. there are dozens of scammers out there. I will keep on sending friends and family their way.
steve._571_991 April 9, 2012 at 6:07pm PDT
My daughter has a home in Mishawaka, IN and trying to refinance thru the HARP 2.0. Her origninal lender was Taylor, Bean and Whitaker closed. Cenlar is currently servicing the mortgage but does not refinance those loans. Quicken, AIM turned her down because she did not meet "their" criteria. The bigger banks are only servicing their current customers. She can't find a lender who will do this. She has never been late on her mortgage, car or student loans. She has a little equity on her home (investment, she got married and moved into his home)
Ileana_412_345 March 8, 2012 at 3:28pm PST
Good page describing the different refinance options. The question I have is there any real difference between home purchase and refinancing terms? Any information on that would be greatly appreciated.
Eleuth_620_470 November 15, 2011 at 3:25pm PST
I've had a usda-RHS HOME SINCE 10-3-1998 & I have done major work on it(metal roof,handicapped acessramp & deck.I 've got 2 mortgages now USDA is 6.5% & HFC is 15% costing me $1250 a month together.If I could please refinance to the lower % available I could keep my home!I'm not only upside down,I'm UNDERWATER!!I get $1590 a month SSI, my meds are$300a monthso i've alot of trouble with utilities,food,etc!I've been dragged around by all lenders,I pay $400 appraisal fees only to be my home with all the improvements isn't even worth what I paid for it when I bought it through USDA-RHS!