Refinance Programs
Step 1: Get in touch with a mortgage professional
First things first, you'll want to sit down with a mortgage expert to understand the refinance process. Don't know a mortgage expert? No worries, we know the best. Find your mortgage professional today!
Step 2: Understand your options
Today’s interest rates are at the lowest levels in decades, and that means incredible opportunities for homeowners to refinance. Whether you’re looking to decrease your monthly payment, lock in a lower rate or shorten the length of your loan, Allen Tate Mortgage can help you achieve your financial goals.
FHA Streamline Refinance
The FHA Streamline Refinance program allows eligible borrowers to refinance an existing FHA loan to a lower rate without an appraisal and with reduced documentation.
Under the FHA Streamline program, your new loan can't exceed the original amount you borrowed to purchase the home and you cannot receive more than $500 in cash. The benefit of this program is a lowered monthly mortgage payment.
Talk to your Allen Tate Mortgage Consultant today to see if you may be eligible.
Click here for more FHA Streamline Refinance Information.
Other
If your loan is not guaranteed by FHA, other refinance opportunities may be available through Allen Tate Mortgage.