If you're struggling with your mortgage payments or simply hoping to lower them, refinancing your mortgage could be exactly what you need to save some extra money each month.
People refinance their mortgages for a variety of reasons, including getting rid of private mortgage insurance (PMI), lowering their interest rate, shortening their loan term, lowering their mortgage payment, and more. If your credit score has improved since you first purchased your home or if current interest rates are lower, now could be a great time to refinance your mortgage.
1. The minimum time for repayment is 2 years and the maximum time for repayment is 10 years. For example on a ($10k 7% for 2 Years monthly payment at $447.73). The maximum period for repayment on a ($100K 7% for 10 Years monthly payment is $1,161.08).
2. 14% is the maximum (APR) and there are no other fees associated other the the cost of borrowing. "No Upfront fees"
3. Example ( $10k at 7% monthly payment of $447.73 for 2 years total interest paid is ($745.42)
4. We don't do short term loans only (Term Loans) 2 years or more, not (60 days or less)