Refinancing

With today’s interest rates being their lowest in the past fifty years, many homeowners are refinancing their existing mortgages.  If you currently have an Adjustable Rate Mortgage  or a Balloon Payment on your existing home loan,  foresee a major expense in the near future, need to lower your payments and consolidate your credit cards and consumer debt, make home improvements or just simply want to take advantage of your equity, now would be the perfect time to do it!

While there may be a wide variety of refinancing options available, at Inman Mortgage we know there’s only one that’s perfect for you!  Based on your specific needs and qualifications, our Mortgage Planners are prepared to work with you in obtaining the most secure loan program with the best rates and terms!    The right option of course depends on a variety of factors pertaining to your specific situation.

 Advantages of refinancing your home: 

• Reduce Your Interest Rate & Payment
  Refinancing at today's low fixed interest rates may be the break you were looking for as lowering your interest rate and payments will help to secure your home long term and increase your monthly cash flow.
  
• Debt Consolidation
  Refinancing your home to pay off your high interest rate credit cards, auto loans and revolving credit accounts is definitely the way to go as it customarily increases year end tax write-offs and should immediately improve your monthly cash flow.
  
• Cash Out Refinance, Investments & Vacation Homes
  Whether you are investing into education, home improvements, vacation or second home, now may be the perfect time to take advantage of your home equity. Considering today's low fixed interest rates, falling home prices and the government's efforts to correct the market, some economist are predicting huge bounce backs, beginning late December 2009 and early 2010.
  
• Rate & Term Refinance
  Depending upon your specific needs and qualification guidelines, reducing the rate and term of your existing loan to a 15, 20 or 25 years can literally save you hundreds of thousands over the life of the loan. To request a FREE Loan Analysis just contact Inman Mortgage today.
  
• Converting an Adjustable Rate Mortgage to a Fixed Rate Mortgage
  While some Adjustable Rate Mortgages (ARMs) may have been the way to go in the past, with today's low rates, it just doesn't make a lot of sense; unless your an investor or only looking to remain in your home for a predetermined amount of time. At Inman Mortgage we will help you determine the best rates and terms based on your specific needs. Contact us for a FREE Loan Analysis today and we will help you determine the most suitable loan for your particular needs! 
  
• Eliminate Private Mortgage Insurance (PMI)
  If you acquired a loan that required private mortgage insurance and now you have a minimum of 20-22% equity in your home, refinancing now may be the perfect way to reduce your monthly payments and increase your monthly cash flow. If your home has appreciated or you've paid down your existing mortgage, contact Inman Mortgage today for a FREE, No-Obligation Consultation. 

Prior to selecting a mortgage loan you’ll want to consider:

• Do you currently have equity in your home 
• The current rate and term of your mortgage 
• How long you have been paying on your current mortgage
• Do you have a second mortgage or home equity line of credit
• How long do you plan to remain in the house and will it be a future Rental

To Schedule a FREE, No-Obligation Consultation contact Inman Mortgage today or Just SimplyAPPLY Now!