Flexible Home Refinancing Options in Utah
Use current interest rates to put more money in your pocket.
Refinancing is all about saving money. And if your current loan is too expensive or risky, you can refinance in Utah and secure a better loan.
A refinancing transaction occurs when you swap out an old loan for a new one. This involves revising the interest rate, payment schedule, and terms of your previous credit agreement. Your new mortgage program will pay off your old loan, and you can start making payments to your new lender.
If you have good credit history, refinancing can help you get a lower interest rate. But if you’re in too much debt, a refinance could put you in an even trickier position.
Why Refinance Your Loan?
Some borrowers in Utah choose to refinance home loans on debt payments.
Refinancing your home allows you to take advantage of the current low interest rates. As you continue to make more money, it might become easier for you to pay your bills on time and increase your credit score. When this happens, you can procure loans at lower rates, allowing you to save substantial cash every year.
Others refinance to turn their home into a source of extra financing so they can meet their financial goals. By using your home equity, you may be able get a loan that doesn’t require private mortgage insurance, putting hundreds of dollars back in your pocket.Lower your monthly payments and get the money you need for home improvements, pay off high interest rate credit cards, and more.
But first determine if refinancing is right for you.
Our loan officers value honesty and integrity; we offer advice and strategize how we can help you obtain an affordable mortgage rate.
A Stress-Free Refinancing Process
You get great benefits when you refinance your loan with Integrity First Lending. We make refinancing easy: our team works with you to see if you can lower your overall loan amount by taking out a shorter loan, or get out from under your mortgage insurance. If you have an adjustable rate mortgage, you can get a fixed rate and stop the balloon payments, building equity faster. Or just get a new loan with a lower mortgage rate and pay off debt.
We follow an efficient, easy refinancing process. Obtain a new program in three easy steps:
- Find the Right Mortgage Rate – Our professional mortgage officers guide you in exploring your options, so you can find solutions that meet your financial needs. We look into current mortgage rates and match you with a loan that aligns with your goals.
- Get Pre-approved – When you pre-qualify, Integrity Lending gives you an up-front credit approval on your loan, with a quick and easy closing. Our experts have the integrity and the experience to get you the best loan to refinance you home.
- Close Your Loan – Close your loan where you want, right when you want. Our team provides documents and support so that you know the details to your closing costs and loan terms before you sign an agreement.
Flexible Home Refinancing Options in Utah
We offer mortgage programs with flexible guidelines that meet your needs. Our home refinancing options include:
Get an FHA loan, and use your good credit to get a better interest rate with lower payments. Get tips on great FHA loans with Integrity First Lending.
If you are a veteran, you may be able to refinance up to 100% of your loan without the expense of private mortgage insurance. Make your refinance more important than ever. If you have a VA loan you can lower your interest rate, take out cash on your home, now is the time to call Integrity lending. You served your country, put home buying power in your hands.
By using a conventional loan, you can shorten your mortgage to a 15-year loan and shorten your interest paid. Or you can lower your current payment and put money back in your pocket. Use your great credit score to get an even better deal.
Learn more about your refinancing options. Call us today.
Pre-Qualify for Your Perfect Loan
Many people are interested in learning about today’s rates, and we’d rather provide you an accurate estimate rather than a general listed rate on our website that could be misleading. This super easy form helps us provide a customized and accurate quote tailored to your specific situation.