Mortgage Refinancing Louisville
Refinancing a Louisville home has never been easier. The Louisville mortgage market can move up or down quickly, but our seasoned Louisville loan officers can spot the signs of a changing market and advise you on the best course for you to take when refinancing a Louisville home. Many factors influence mortgage rates and the availability of mortgage money. Our mortgage experts track the trends, so you don’t have to. We have our fingers on the pulse of the Louisville real estate market, ready to counsel you on the best time for refinancing.
Reasons for refinancing a Louisville home
Is the prevailing interest rate for mortgages lower than your current loan? Will having the lower monthly payments that typically result from refinancing your Louisville home be a boon to your budget? Do you want to shorten the life of your mortgage, saving money in the long run? These are a few questions to ask yourself when considering your reasons for refinancing your Louisville home. In general, it’s worth considering refinancing if you can lower your interest rate by at least half a percentage point, and you’re planning to stay in your home for at least a few years.
Since real estate historically appreciates in value over time, you may have equity in your Louisville home that you would like to pull out to use for other purposes. Education, debt consolidation, investments, or other large cash purchases can be funded with a “cash out refinance.”
The reasons to refinance your home in Louisville may be purely personal, wholly economical, or a combination of the two. Our experienced loan professionals can help you determine if refinancing a Louisville home makes good sense for you and when the most opportune time will be to do so.
We make refinancing a Louisville home easy
Some Louisville mortgage companies just process loans. Others process and underwrite their loans but must appeal to a third party for funding. At Mortgage Warehouse we process, underwrite, and fund mortgages all in-house. Therefore, we don’t need third-party approval, saving you valuable time and money. We have a wide variety of loan types for you to consider, from conventional loans to FHA to VA, even USDA loans. We offer Home Purchase Incentive programs and No Closing Cost Loans, too. We are confident that refinancing a Louisville home with one of our loan instruments will serve you well.
Get a head start on refinancing a Louisville home
Our free, no-obligation analysis will help you get started on refinancing a home in Louisville.
We have built solid relationships with Louisville title companies, home inspectors, real estate appraisers, and the other professionals who will have a part in the process. You will be treated with respect and courtesy when you work with a Mortgage Warehouse professional and our colleagues in Louisville.