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Refinance to lower interest rate and mortgage payment
Currently mortgage interest rates are still at an all time low. By taking advantage of a lower interest rate you could save hundreds of dollars per month. By simply lowering your interest rate by 1% could lower your rate significantly. Lets take a look at a quick example.
A $150,000 loan at 7% = $997.95 per month
The same loan at 6% = $899.00 saving almost $100 per month. Considering that most people still have higher rates and current rates hovering around 4-5% your monthly savings can be more. Refinancing can be very beneficial.
Combining A first and second mortgage
Want to combine a first and second mortgage for a lower payment or lower your current interest rate? If your interest rate is currently above 7% or you have a high interest rate second mortgage, you could save thousands with an interest rate refinance.
Do you want to switch from an adjustable rate mortgage to a 30 year fixed? Interest rates are still at an all time low. Right Loans can help you get the best offer on the home loan you need !
How Can You Get Started?
Complete the online form and an Associate will contact you within 24 hours. They will be able to evaluate the Home Loan amount that you qualify for and calculate your monthly savings. It’s FAST, it’s FREE and there is NO obligation!
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