Refinance Loan

Refinancing

Refinancing is often used to lower your interest rate. If rates have dropped since you last financed your home, you may want to consider refinancing. Other common reasons to refinance include paying off a balloon payment, converting an adjustable rate loan to a fixed rate loan or to extract cash equity in your home (cash out). A few reasons for cashing out include: home improvement, an education fund, and consolidating debt.

Another way to convert equity in your home to cash is a "home equity" loan. A "home equity" loan is an alternative to refinancing if your home loan has a very low rate compared to current interest rates or if you have a prepayment penalty on your loan.

Benefits:

  • Reduce Your Interest Rate

  • Cash Out Equity for Home Improvements

  • Consolidate Debt

  • Lower Monthly Payments

To Refinance You'll Need:

  • Current Appraisal and Analysis

  • Verification of Assets and Income

  • Click Here to Apply Now

  • Click Here To See Paperwork Needed

Jorge Rodriguez, Mortgage Adviser NMLS #263580 Peoples Home Equity, Inc. 1801 S Meyers Rd Suite 500, Oakbrook Terrace, IL 60181 Cell: (312)404-8957

jrodriguez@peopleshomeequity.com. Illinois Mortgage Licensee License # MB 0000303 NMLS# 179785. Indiana Department of Financial Institutions (DFI) License ID Number 11229. Peoples Home Equity, Inc. also does business as A&M Mortgage Group, Inc. in the State of Indiana State of Wisconsin - Department of Financial Institutions License #159BA. In the State of Illinois Mortgage Bankers are governed by: IL Department of Financial & Professional Regulation Division of Banking 100 W. Randolph Street, 9th Floor, Chicago, IL 60601 Phone: (312) 793-3000 Fax: (312) 793-7097 Web: http://www.idfpr.com/default. Toll Free Consumer Hot Line: (877)-793-3470 Webmaster Login

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