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Frequently Asked Questions
We understand securing a home loan is challenging, so we're committed to offering the best resources and answers to frequently asked questions
When should I refinance?
When to Refinance? While it's different for everyone, common reasons to refinance include:
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Unlocking home equity for large purchases or debt repayment.
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Lowering your monthly mortgage payments.
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Adjusting your loan’s term for better financial management.
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Updating the list of co-borrowers on your mortgage.
Should I get a fixed rate or adjustable rate loan?
Deciding on a loan type is a personal choice, influenced by your unique financial situation and future plans. Here’s a quick overview to guide your decision:
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Fixed-Rate Loans provide stability with consistent monthly payments over the loan's life, ideal for those planning to stay in their home long-term.
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Adjustable-Rate Mortgages (ARMs) offer initial lower rates that adjust over time, suited for those anticipating a move or refinance in the near future.
We recommend discussing your goals and financial outlook with our loan officers, who can offer tailored advice to ensure you make the best choice for your future. Ready for a deeper dive? Contact us today!
How long does it take to get pre-approved?
We can complete the entire process in just 15 - 30 minutes! Are you ready to begin?