4 Types of Mortgage Refinancing Options Available Today - PowerPoint PPT Presentation

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4 Types of Mortgage Refinancing Options Available Today

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You may be able to refinance your current mortgage if you have equity in your home. Learn about the different types of refinancing options available today! – PowerPoint PPT presentation

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Title: 4 Types of Mortgage Refinancing Options Available Today


1
MORTGAGE REFINANCING
TAKE A LOOK
4533 MacArthur Blvd Ste A-2085 Newport Beach, CA
92660
2
WELCOME TO
MORTGAGE REFINANCING
OPTION Refinancing your existing mortgage could
save you money on interest payments, and give
you a chance to lower your monthly payment. It
also gives you flexibility to pay down other
debts, like credit cards, student loans, or car
loans.
3
Cash Out Refinance.
If you have equity in your house, you might be
able to use that as collateral to borrow more
money. This type of loan is called a cash out
refinance.
4
HOME EQUITY LINE OF CREDIT (HELOC).
A HELOC allows you to take out cash against your
home without selling it. Its similar to a
credit card with a fixed interest rate.
5
FIXED RATE MORTGAGES.
If you have an existing mortgage, you might be
eligible for a new loan with a lower interest
rate. This type of refinance is called a refi.
6
ADJUSTABLE RATE MORTGAGES.
An adjustable rate mortgage (ARM) has a fixed
interest rate at first, then adjusts
periodically based on changes in the prime
lending rate.
7
CONTACT US
(949)979-6934 mortgageservicesce.com carl_at_mortgag
eservicesce.com 4533 MacArthur Blvd Ste
A-2085 Newport Beach, CA 92660
8
THANK YOU
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