"HOW CAN I REFINANCE IF MY HOME'S VALUE HAS DROPPED?."
No doubt most of us have suffered through these tough economic times. Home values are no exceptions and this makes refinancing difficult. What a shame, with interest rates at all-time lows.
THEGOODNEWS. Fannie Mae and Freddie Mac have programs under The Making Home Affordable Program that will let you refinance at today's low rates EVEN if your home's value has dropped. AND, if you didn't have mortgage insurance on your last loan, you will not have it on your new loan. Sound too good to be true? It's not!
Do you have a FHA loan? Why not do a simple streamline refinance without an appraisal? This is a commonly used program for our FHA customers.
To learn more about these programs call or email me. It's the best way to secure a lower interest rate and monthly payment. And, it's easier than you think.
And, advice is always FREE. Remember, your goals are our goals. Thanks!
440-247-5656
Today'sRates
Rate Alert!
30 Year Fixed - 4.375% 4.68% APR
20 Year Fixed - 4.125% 4.38% APR
15 Year Fixed - 3.750% 4.18% APR
30 Year FHA - 4.500% 4.78% APR
5/1 ARM - 3.500% 3.58% APR
Steve'sadvice - "with rates this low, quit thinking and start borrowing"
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American Nationwide Mortgage 68 Olive Street, Suite 8 Chagrin Falls, Ohio 44022-3248
