Supreme Refi Mortgage Advantages

How Much Could a Refinance Save You?  What you don’t know about your mortgage could be costing you thousands every year! 

People in the mortgage business talk about interest rates a lot. Yet when it comes to refi rates in Delray Beach, there’s plenty more to say.

A Refinance is done to replace the original mortgage loan, which may allow a borrower to obtain a better interest term and rate. If you refinance your home in Delray Beach, your first loan is paid off, which then creates the second loan.

Lower Your Rate

Do you know your current mortgage rate?  If it’s higher than current market rates, we may be able to help you save money on your home! 

Reduced Interest Rate: Many borrowers in Delray Beach, regardless of equity, refinance their mortgage to possibly reduce their interest rate. A lower interest rate can have a profound effect on monthly payments, which has the potential to save you money each year.

Remove Mortgage Insurance

If you’ve been paying mortgage insurance for several years, a refi in Delray Beach or South Florida may allow you to ditch the extra cost. Or, do you need cash for home improvements, life events, or debt consolidation? Tapping into your home’s equity to meet these expenses may save money in the long run, even at a slightly higher rate.

A full range of loan products to suit every borrower

Use Equity in other Areas

Delray Beach borrowers also refinance to use their equity for large purchases such as cars, college tuition, or to reduce credit card debt. A borrower will likely improve the condition of a home after purchase, which could increase the value of the house. By doing so and while making payments on a mortgage, these people are able to take out substantial home equity lines of credit as the difference between the appraised value of their home increases and the balance owed on a mortgage decreases.

OTHER REFI MORTGAGE IN SOUTH FLORIDA BENEFITS

There are also many other benefits to doing a refinance!

You may be able to:

• Reduce your monthly payment
• Reduce the mortgage term
• Correct Escrow Shortages
• Defer Up to Two Payments

Let’s Get Started

Drop us a line and we’ll get back to you shortly

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Why Supreme Lending?

You may qualify for one or more of the above benefits by doing a refinance in Delray Beach. We at Supreme Lending understand that the mortgage process is not fun and sometimes it can be frustrating, but there is a big difference between most other lenders and us. . .

We are a direct lender.

You will be dealing directly with me Wayne Rohrbaugh NMLS # 113237 and my team.

At Supreme, customer satisfaction is a priority, you are not treated as a number but a person.

The day you close your loan, your first payment might be deferred up to two months

If you want to explore a refinance in Delray Beach, let us know!

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