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Refinancing

Lender guarantees good refinancing options with mortgage rate terms for fixed, adjustable, negative amortization, interest only for second mortgages and bad credit debt consolidation loans. Are you toying with the idea of refinancing your home, but aren’t sure where to turn? Don't wait to join the millions of Americans who are realizing their financial dreams by taking advantage of some of the lowest interest rates in history! You can learn about the benefits of refinancing, and be on your way to a better future tomorrow!

Have you been waiting to add a room to your home, finally take that family vacation, or consolidate those high-interest credit cards - but lack the needed funds? The time is now! Interest rates are still low, and you can take the equity in your home with a refinancing plan to pay down high-interest debts, fund home improvement projects, or finance a dream vacation.

At Mortgage Loan Outlet, our first priority is helping you to feel comfortable with your lending process. We are dedicated to making sure that your refinancing experience is as enjoyable as possible, regardless of past credit issues. Let us help you realize your housing dreams now, and be on the way to financial freedom!

Benefits of Refinancing

  • Record Low Rates
  • Lower Rates can Save You Money
  • Interest Only loans offer Lower Payments
  • Tax Deductible
Great Refinancing Niches from the Mortgage Loan Outlet
  • Average 3 Credit Scores with no primary wage-earner required! Non-occupant co-borrowers OK
  • Six month home value seasoning down to a 500 score!.
  • Multiple Payment Option ARMs Products
  • Up to 95% LTV and 4 monthly payment options
  • Full (640), Stated (660) and NINA (680) doc
  • Loan Programs for unlimited 30, 60 or 90-day late mortgage payments
  • No reserves for NINA, No Doc or most M-Series.
  • Strong 100% programs (1-loan or 80/20 piggy!)
  • Competitive Rates for 90% - 100% Loan Programs
  • 90% 2nd Homes, Full Doc (540) Limited Doc (560 FICO)
  • 90% Non-owner Occupancy,Full Doc (600), Stated (640 FICO)
  • 90% Full Doc w/unlimited 30-day lates (540 FICO)
  • Adjustable Debt To Income Ratios up to 60%, depending on LTV.
  • Full Documentation = VOE & Pay stub.

Program Highlights

  • Cash Out Loans
  • 100% Financing Available
  • 1st Time Homebuyers OK
  • Poor Credit OK
  • No Verification Income Loans
  • Self Employed Borrowers OK
  • Interest Only Loan Options

How to find the best Refinancing

Free Mortgage Quote
No obligation & No cost

 

Freddie Mac's weekly survey of mortgage rates released Thursday showed that rates on 30-year, fixed rate mortgages averaged 5.77 percent for the week ending Jan. 6. That was down from last week's 5.81 percent.

For all of 2004, rates on benchmark 30-year mortgages averaged 5.84 percent, second only to last year's 5.83 percent, the lowest annual rate in Freddie Mac's record keeping.

Take out a Home Improvement loan and make those cosmetic changes that you've been talking about. In most cases, making home improvements increases the value of your property. Home Improvement Loans!

"No Income Verified" Debt Relief Programs - Is your income difficult to prove? We have debt consolidation mortgage loans that do not require the standard income documentation. (like W2's)

Do you have Less-than-perfect credit? - We specialize in debt consolidation loans even if your credit is in "the rebuilding phase".

Bankruptcy or Foreclosure - Even if you've had a bankruptcy, or foreclosure in the past, we will do our best to get you qualified for a debt consolidation loan.

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