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

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 Abilene Lozano ★★★★★ 2 weeks ago
    My husband and I applied for a mortgage with Nathan Jennison. I have nothing but good things to say about our experience with him. This man knows what … More he's talking about. He's quick and you can tell he loves his job. He spoke with us for a while making sure that we understood everything, giving us examples of similar situations and made us both feel like he was a long time friend. I'll definitely be recommending him to friends and family.
  • Avatar slowandnasty ★★★★★ 4 weeks ago
    Nathan and his team are number 1 in my book. They are professional and quick. I called told them I was in the market for refi, explained my situation and … More got started the same day. If you can keep up with what they need and answering back on email quickly like i did! Three weeks tops. will always be a returning customer. Thank you, Nathan Mortgage
  • Avatar Binita Donohue ★★★★★ a year ago
    It was such a pleasure working with Nathan Beauchamp. He made our refinancing simple and smart. He is incredibly knowledgeable and intuitive about the … More real estate market and used his savvy to help streamline the refinancing of our house. Nathan also took the time to understand our values and needs and used those to guide the process. Most importantly, Nathan is trustworthy, honest and genuine. He made us feel like he was partnering with us by listening to the things that concerned us as well as comprehending what we wanted to achieve. I had been through this process twice before and can think of no one I would rather work with than Nathan. I highly recommend him as a loan officer.

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.