Mortgage Refinance | Life Changes – Your Loans Should, Too | Nathan Mortgage

#1 Refinance Company Lakewood, CO | Life Changes – Your Loans Should, Too | Nathan Mortgage

Refinance Your Mortgage

Lower Interest Rate or Cash Out

Refinancing your home can save you thousands of dollars over the life of your loan and put that money to better use elsewhere.

Find the Right Mortgage
Find the Right Mortgage

Refinance Your Mortgage

Lower Interest Rate or Cash Out

Refinancing your home can save you thousands of dollars over the life of your loan and put that money to better use elsewhere.

Refinance Calculator

Affordability Calculator

Refinance Your Mortgage and Save Money

Budget
Reduce Monthly Payments
Payoff Mortgage Faster
Wealth Building
Eliminate Mortgage Insurance

What is Refinancing?

Trading In Your Old Mortgage For A New Mortgage

Refinancing your mortgage loan means that you’re trading in your old home mortgage loan for a new one with different loan options. Your lender will pay off your original mortgage with the new loan amount. You will have a closing appointment to sign the new loan paperwork. Often homeowners will sign their paperwork conveniently at home with a notary present.

Benefits of Refinancing Your Home Mortgage

Refinancing Your Home Mortgage Can Be a Smart Financial Move

  • Eliminate mortgage insurance
  • Decrease monthly payment
  • Save thousands by shortening the loan term
  • Consolidate debt
  • Get cash out
  • Tap into a home equity line for renovations

  • Cash Out Refinance

    The reasons for taking a cash out home refinance are diverse. You get access to additional funds obtained through your home equity.  A cash out mortgage refinance may involve a higher loan amount, a higher or lower interest rate, or a different term than your prior home loan in order to access that equity. Contact Nathan Mortgage to learn more about mortgage refinance loans and for what loan amount you can be approved.

    Mortgage Refinance Calculator | Refinance Rates

  • Lowering Your Interest Rate

    Interest rates are subject to change. Historically, rates have been on a downward trend. Even lower rates are available through discount points. Lower rates for the life of the loan translates to lower mortgage payments. A Nathan Mortgage home loan officer can advise on today’s rates (as well as annual percentage rate apr), discount points available, and when to refinance your mortgage to capture the most savings.

    Mortgage Refinance Calculator

  • Eliminate Mortgage Insurance

    Mortgage insurance protects the lender in case a borrower defaults on their loan. Insurance is required for home loans with a down payment of less than 20%, also known as PMI or private mortgage insurance. This is different from property insurance. Property insurance benefits the homeowner. In a hot real estate market, homes appreciate quickly and provide access to equity needed to refinance and eliminate the existing mortgage insurance.  This provides instant savings by reducing your monthly mortgage payments. Contact Nathan Mortgage to learn more about refinance loans.

    Mortgage Rates | Mortgage Refinance Calculator

  • Shorten the Term of The Loan

    Reducing the life of the loan or the monthly payments schedule can occur while getting a mortgage refinance for a lower interest rate. Shorter-term home loans typically have lower interest rates. This adds up to significant interest savings. Contact a Nathan Mortgage loan officer to learn more about mortgage refinance loans to shorten the life of the loan, reduce monthly principal and interest payments, and the loan process.

    Mortgage Refinance Calculator | Refinance Rates

  • Convert to a Fixed Rate Loan

    Mortgage refinancing can replace an adjustable rate mortgage ARM,  with a fixed rate mortgage. An adjustable rate mortgage starts with an initial fixed rate period with a relatively low rate,  subject to change at set fixed rate periods.  The rate offered in the initial fixed rate period is intended to entice borrowers. The rate changes with market conditions, often likely to increase due to low introductory rate, leading to monthly payments that are higher. Replacing the adjustable rate mortgage with a fixed rate mortgage refinance often provides significant savings. Contact Nathan Mortgage to learn more about refinance loans and loan options for adjustable rate home loans that have passed their initial fixed rate period.

    Mortgage Rates | Mortgage Refinance Calculator

  • Home Equity Line of Credit (HELOC)

    A line of credit opened against your home’s equity. This is not mortgage refinancing of your existing home loan and is subject to credit approval. Like a credit card, it’s an account with a set credit limit. A home equity line of credit provides access to funds without paying the ultra high annual percentage rate apr of a personal loan or personal credit card. A home equity line of credit is often used for cash shortfalls, larger purchases, unexpected bills, college costs, or paying off credit cards. It’s helpful for the unexpected situations life throws. It is repaid via monthly payments. This does not effect your principal and interest of your existing home loan.

  • Consolidate Debt

    Debt consolidation refers to combining all your debts into one low interest rate debt so that you can save money on high-interest credit card balances. A refinanced mortgage provides an opportunity for homeowners who are underwater with high interest rate credit lines to save significantly on monthly interest fees. Contact Nathan Mortgage to learn what home loan amount for which you can be approved.

    Mortgage Refinance Calculator | Refinance Rates

    Closing Costs

    Compared to home loans obtained to purchase property, there are minimal closing costs involved with refinancing.

    Costs associated with refinancing a mortgage include but are not limited to:

    • Appraisal fee
    • Title fees
    • Loan origination fee
    • Document preparation fee

    Considering a Refinance

    Whether you want to lower your interest rate or pull cash out for renovations, refinance can be a wise money move.

    For many homeowners, there are immediate savings or access to cash. There are different options you can choose from, including lowering your interest rate or cashing out and investing the money elsewhere.

    You will have a closing appointment to sign the new loan paperwork. Often homeowners will sign their paperwork conveniently at home with a notary present.

    • Avatar Mark Leach ★★★★★ 3 months ago
      We are very happy with our new mortgage! The process was quick, efficient and relatively painless. Everyone we dealt with was really responsive and professional. … More You have a great team and we will definitely recommend you to anyone we know who is thinking of refinancing.
    • Avatar Hanh-Nhi Baik ★★★★★ 3 months ago
      We felt like we were in the best hands during a crazy housing market. We found Nathan Jennison when we quickly went under contract and realized we needed … More a more competitive interest rate at the last minute. In addition to helping us lock in a lower rate, we required a quick closing date which he was able to pull off successfully. Throughout the process, he provided exemplary customer service by being immensely communicative every step of the way providing immediate updates and answering all of our questions in a quick manner. He worked tirelessly to help us close quickly at the best rate with no hiccups. We will be using Nathan again for future deals and highly recommend him and his team!
    • Avatar heidi marquard ★★★★★ 9 months ago
      Everyone was very nice, quick to respond and answer any questions. Staff is very knowledgeable and professional. As stressful as buying a new home is they … More made it as smooth and quick as possible! I highly recommend them!Thank you

    Nathan Mortgage — an equal housing lender.

    Nathan Mortgage provides mortgage loans and mortgage refinancing. 

    Refinance With an Independent Lender

    We find the best mortgage for you, so you can stop wasting time and money.

    Our sole focus is finding you the best loan at the best price. We look across our investor partners, find the ideal loan for your unique circumstance, and provide the best loan for you – not the one that pays the highest commission. 

    • Reduce your monthly payments
    • Eliminate mortgage insurance
    • Access cash or HELOC (subject to credit approval)

    Learn more about Nathan Mortgage.

    Skip the Big Bank Dinosaurs

    Unlike big banks, independent brokers have access to many wholesale lenders.

    Here at Nathan Mortgage, we work with 40+ end investors. We shop for your refinance loan on our wholesale market, making lenders compete for your loan. This means better pricing for your loan. With less overhead, we pass those savings onto you via reduced closing costs and lower APRs.

    • Enjoy Lower Fees
    • More Loan Options
    • Backed by Large Lenders
    • Unbiased Advice (Not Commission-Driven)
    • Relationship Focused, No Pushy Sales Tactics

    Don’t let our lower fees fool you. Our lenders have access to the same resources as banks, just with less overhead. That means we can offer better rates and more options than banks – at a fraction of the cost. Save thousands of dollars, get the best pricing, and have a loan officer who is your strongest advocate and guide.

    Equal Housing Lender

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