We’re your guide to an improved financial situation.
Refinancing is easier than you think, giving you the ability to lock in a lower interest rate, consolidate high-interest debt, and ultimately speeding up your ability to pay off your home.
Refinancing doesn’t have to be complicated.
The refinancing process is similar to the process of obtaining a mortgage loan initially, so it may feel overwhelming to do it with traditional lenders. But we have reimagined the outdated way of lending and refinancing with sleek technology that streamlines and simplifies the process. Our databases ensure quick and simple refinancing solutions, matching you to the most favorable rates and terms you qualify for that rival those on your existing home loan.
Lower rates and payments
We quickly identify and lock in the best rates when switching from an adjustable to a fixed-rate loan or vice versa. Ensuring a lower monthly payment.
Cancel mortgage insurance
Once you have 20% equity in your home, you have the option to cancel private mortgage insurance (PMI) under a conventional loan.
Shorter loan term
It’s often necessary to take out a mortgage with a long term and a high interest rate to make monthly payments more affordable. But when your financial standing improves, refinance with our friendly specialists to pay off your house faster at the lowest rates.
Remove someone from the mortgage
Under some circumstances, such as divorce, one borrower may want to be removed from a mortgage loan. When refinancing with Loan Remedy, we can remove an ex-spouse from the loan to alleviate the pain of this hefty financial burden.
Funds for debt consolidation
When closing at a refinance, you can use the equity you’ve built in your home to pay off high-interest debts, whether they be student loans, medical bills, or credit cards.
Combine two mortgages into one
Some people have two mortgages on their homes to pay off debt or make home improvements. Now that you love your renovated home, why not make your mortgage easier to love as well? Refinancing makes it possible to combine these two mortgages and reduce payments.