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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 Your Mortgage and Save Money

Nathan Mortgage has access to lower rates via 20+ end investors.
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 are low when looking back 30-40 years. 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 affect your principal and interest in 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 Jack Kern ★★★★★ 5 years ago
      We cannot recommend Nathan's work enough - he takes the time to make his clients comfortable and educated in the mortgage process. He is always quick … More to respond and extremely professional. We worked with Nathan on the purchase of our first house, so we knew very little about the entire process. Nathan took the time, in multiple meetings, to walk us through step by step to understand not only the high-level steps but all the details, including terms and calculations, to make sure we could make an informed decision on what we could comfortably afford. We knew he was an invaluable resource in the first 15 minutes we worked with him and never regretted the choice. I have already recommended Nathan to friends and family who are very pleased with his work.
    • Avatar Amanda Linegar ★★★★★ 5 years ago
      My husband and I have used Nathan for two home refinances now, and both times have been more than thrilled with the results. Nathan is responsive, professional, … More and very savvy when it comes to getting you the best deal. Most companies deliver the bare minimum, but Nathan Mortgage cares about their customers and always strives to deliver the best. Nathan spent months helping us move around funds, pay down debt, shop the best deals, and working the system to get us the lowest interest payments possible. We’re now saving hundreds of dollars in monthly payments, got rid of our PMI, and are saving tens of thousands over the life of the loan. We will be life long customers, and simply cannot recommend Nathan enough to others.
    • Avatar Hayley Sprenger ★★★★★ 4 years ago
      So happy we used Nathan! Some family members recommended him and we are glad they did. He went above and beyond to get us the best deal possible with our … More loan. Nathan was very knowledgeable and able to get us the best possible loan terms imaginable. The title company was even surprised with how great of a deal we got.Even though our home buying experience was filled with bumps and deals falling through for months on end, he was easy to get a hold of and made us his priority every time we needed him. Nathan was always our advocate and the #1 person on our side through this process. Highly recommend!

    Nathan Mortgage — an equal housing lender.

    Nathan Mortgage, a mortgage broker in Lakewood provides mortgage loans and mortgage refinancing in Colorado, Illinois, Florida, Tennesse, and Texas. 

    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.