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Refinance Your Mortgage

If you currently have a Down Payment Assistance (DPA) Loan, an FHA-insured Loan, or have a VA Loan, there are multiple types of home refinancing options, all designed to help you meet your financial goals faster...

 

Get Financial Flexibility by Refinancing*

 

Refinancing Can Help You...

  • Pay down or consolidate debt
  • Get cash for bills, repairs, or a remodel
  • Get rid of private mortgage insurance (PMI)
  • Reduce your monthly payment or interest rate
  • Shorten the term of your mortgage
  • Pay for classes to learn a new skill
  • Pay for a memorable family vacation
  • Channel funds into other investments
We’d love to help you meet your financial goals.
 

REFINANCE MY HOME

 

*When it comes it comes to refinancing your home loan, you can generally reduce your monthly payment; however, total finance charges may be higher over the life of your mortgage loan.

Refinance Your Down Payment Assistance (DPA) Loan*


You may be eligible to refinance your current DPA loan...


Requirements to refinance your DPA loan: 

  • Must repay Second Mortgage Loan (if applicable)
  • Can not currently be in forbearance
  • Fully qualifying refinance
  • Appraisal required

Repayment of the DPA depends on what type of assistance you initially utilized.

  • A DPA Grant DOES NOT REQUIRE REPAYMENT
  • A DPA Second Mortgage Loan REQUIRES REPAYMENT

We'd be happy to discuss your options with you. Please fill out the contact form or apply  online to get started...

 

APPLY NOW

 

 

Refinance Your FHA-insured Loan

 

If you have an FHA-insured mortgage loan and are looking to lower your payments, refinancing has never been this easy. With our FHA Streamline program, you can refinance your mortgage without the hassle of endless paperwork or an appraisal.

Find new freedom in your mortgage and...

  • Lower your interest rate
  • Lower your monthly payment, and
  • Skip the appraisal

Please fill out the contact form or apply  online to get started...

 

APPLY NOW

 

 

Refinance Your VA Loan

 

Veterans Can Refinance and Save With our VA IRRRL program, you can refinance your VA Loan to lower your interest rate and save on your monthly payments.

Refinancing your VA Loan can save you thousands over the life of your loan.

The process is simple – it does not require an appraisal, income or employment information, and there is no out-of-pocket cost to you.

Please fill out the contact form or apply  online to get started...

 

APPLY NOW

 

*When it comes it comes to refinancing your home loan, you can generally reduce your monthly payment; however, total finance charges may be higher over the life of your mortgage loan. First lien interest rates maybe higher when using a DPA second.


†VA home loan purchases, have options for 0% down payment, No private mortgage Insurance requirements, competitive interest rates, with specific qualification requirements. VA Interest rate reduction loans (IRRRL) are only for Veterans who currently have a VA loan, current loan rate restrictions apply, and limits to recoupment of costs and fees apply. VA Cash-out Refinances are available for Veterans with or without current VA loans. Policies and guidelines may vary and are subject to the individual borrower(s) qualification. Program and Lender overlays apply.

Get Started

We're here to help you decide if refinancing your current mortgage loan is the right decision for you. Please fill out your contact info below to get started...

Type of mortgage to refinance?
Couple making plans for a home renovation in the winter
Jan 25, 2022 01:08 PM

by: Security First Financial, A Division of Primary Residential Mortgage, Inc.

Your home renovations don’t have to wait until summer. Use these winter renovation ideas to get your home in shape now so you can enjoy it throughout the rest of the year.

Remodel the Kitchen

Winter is a great time for interior remodels and the kitchen is a prime candidate. Replace your tile, upgrade your countertop, or add a backsplash to your sink. You could also replace your cabinets and upgrade your appliances. All can be easily done during winter. As long as your plans don’t include knocking down an exterior wall for expansion, go ahead and get started on that kitchen upgrade.

Remodel the Bathroom

You can take on a bathroom renovation in the winter too. Replace your tub or add one to your shower. Install new tile. Upgrade to a more efficient toilet. Replace your faucets. Get a new vanity or change your lighting. You can make these types of internal upgrades any time of year.

Finish the Basement

Head into the spring with a couple more bedrooms or that home theatre you’ve always wanted. Whether you do it yourself or hire builders, finishing your basement is the perfect project for winter because it’s all indoor construction. And by renovating while the construction industry is in the slower season, you may find deals on both supplies and labor.

Add Storage

Make your spring cleaning stick this year by giving yourself space to organize all your stuff. Install new shelves and cabinets or expand your closet. When there’s a place for everything nothing is out of place.

House-wide Upgrades

While it makes sense to think of renovations on a room-by-room basis, you can also make smaller improvements to multiple areas throughout the house.

Upgrade Your Energy Efficiency

  • Upgrade your furnace and other appliances to newer energy-efficient models. Winter is also a great time to detect cold spots and drafts in your home. Then you can seal them up or add insulation as needed.

Paint

  • A fresh coat of paint goes a long way. You could paint one room every weekend and come summer your whole house will have a facelift. Make sure the room is well ventilated when painting.

Floors and Surfaces

  • We touched on this briefly in the kitchen and bathroom sections, but you can replace the flooring or countertops in any room. Consider installing carpet in several rooms to make a big impact.

Molding

  • Add a touch of style by installing crown molding throughout the house. Take it even further with wainscoting. Cleaning and painting the baseboards will make them pop too. Or you could replace the floor molding to match the crown molding you’re installing.

Hardware, Handles, Faucets, and Fixtures

  • By replacing all your hinges and handles at the same time you can coordinate the style from room to room. Upgrade your faucets and light fixtures to match too. Add a final touch with outlet and switch covers that complement the style.

Fund Your Big Renovations with a Refinance

For the big projects on this list, like finishing the basement, you can refinance your home to cover the costs. This works especially well for projects that add value to your home.

No matter when you make your renovations, we're here to help you with the financing. Contact your Nick Barta today to get started!