Mortgage Refinance: Rates & Options

mortgage refinance

Changing the terms of your loan can benefit you and maximize your monthly income. A lower monthly mortgage payment can help free-up money you can save, invest or use for other expenses. When rates are favorable, refinancing to a lower rate or longer-term mortgage can keep more money in your pocket every month.

You can also fill out our short application to see what rate you qualify for and obtain a pre-approval letter. Of course you can always call and speak to one of our loan consultants.

When to Refinance Your Mortgage?

We offer information on a variety of mortgage refinancing rates and options. When you are ready to take the next step, feel free to give us a call or send us an email. Superior can advise you on which mortgage refinancing program best meets your needs, and help you refinance with minimal hassle and work.

Cash Out Refinance

Cashing out refers to the refinancing of a loan where the borrowers will borrow money on their own home. If a home is appraised at $100,000 and the borrower’s outstanding mortgage loan is $60,000, it is possible to enter into an 80% cash-out refinance transaction for a loan of $80,000 (80% of $100,000). The new mortgage of $80,000 will pay off the $60,000 loan and leave $20,000 cash-out to the borrowers.

By cashing out on your home, you can obtain cash on the value of your own home to pay off debts or upcoming expenses. The refinance transaction can also provide you with a better mortgage loan interest rate that will save on your monthly mortgage payments during the loan. And it’s tax-deductible.

Apply to Cash-Out >>

Consolidate Debt with Lower Interest

Pay off those higher-interest debts by refinancing to a lower rate. Even with less-than-perfect credit, we can help you lower your monthly payment and pay off your higher-interest debt. By consolidating your payments into one low monthly payment, you will pay less each month and pay off your higher-interest debts faster which will also help improve your credit.

Consolidate Debt with Lower Interest

FHA Loan

Consolidate your debt into one low cost loan

15-Year Loan

Pay off your debt quicker by refinancing it into a 15 year loan

30-Year Loan

Find stability and security by refinancing into a 30 year rate and feel good knowing your monthly payments will remain consistent

VA Loan

Veterans and military members can consolidate all debts with one low-cost loan

Not sure which program is right for you? Contact one of our specialists today! Superior can advise you on which mortgage refinancing program best meets your needs, and help you refinance quickly and without any headaches.

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Working with Superior

– We put YOU first. We are committed to getting every client the very best possible deal every single time.
– Superior offers some of the most competitive rates in the Nation!
– Fast and efficient, we close most of our loans in 30 days or less.
– We offer a variety of loans. Superior will find you the perfect new home mortgage that is right for you!!!