Refinance Loans
Navesink Home Loans is the industry leader in No Closing Cost Refinances! We offer lender credits for ALL third party fees including appraisals, credit report fees, title fees and recording fees.
How You Can Benefit from a Refinance
Refinancing is simply getting one loan to pay off another. At Navesink Home Loans, we're ready to find the right refinancing solution for you. Our staff of experienced loan officers will help you evaluate your mortgage needs and draft a refinancing plan that will save you money.
Why Consider Refinancing?
People refinance for a number of reasons. You may want to:
- Consolidate first and second mortgages
- Get a lower interest rate or lower monthly payment
- Switch from an Adjustable to a Fixed-rate Mortgage
- Stop paying Private Mortgage Insurance (PMI)
- Cash out some of your equity for home renovations
- Consolidate high-interest debt like credit cards
When Does Refinancing Make Sense?
If you're planning on staying in your home for more than 6 months, a refinance mortgage is typically a great option. Our no closing cost option makes this an easy decision.
Access Your Home's Equity
For most people, a home is their most important and substantial investment. If your home is now worth more than when you purchased it, you can use a refinance loan to access that extra value and turn it into cash for unexpected bills, college expenses, or to start a business.
The Refinance Process
A typical refinance usually takes between 2 and 3 weeks. Many homeowners qualify for appraisal and title insurance waivers making the process even quicker. Contact us for details on these programs.
With so many refinancing options available, it's important to refinance the right way. We're happy to show you all of your options so you can make the best decision for your unique situation.
Lower Monthly Payments or Reduce Your Loan Term
Reduce your payment through lower rates or reduce your loan terms
Cash-Out Equity
Access your home's increased value for major expenses
Drop PMI
Eliminate private mortgage insurance with sufficient equity
Disclaimer: These materials are not from HUD, VA or FHA and were not approved by HUD or a government agency. In some cases a refinance loan might result in higher total finance charges over the life of the loan.
Looking for a Refinance Loan?
Refinancing allows you to redefine your mortgage loan to better fit your current needs. Whether you're looking to reduce payments, consolidate debt, or access your home's equity, getting a lower monthly rate and paying less over the life of your loan just makes sense. Our experienced loan officers are ready to help you determine if refinancing is right for you.