Is it Time to Finally Refinance Your Wisconsin Mortgage?
Posted by Brian Collins on January 18th, 2010
Put simply, refinancing means paying off your old mortgage with a new one. Most lenders require that you have some equity in your home before you refinance but there are still higher loan to value refinance programs available.
There are many reasons to refinance your Wisconsin mortgage. First, mortgage rates continue to be at historic lows and current rates may be lower than when you first got your mortgage. If the current rates are 1 percentage points below your current rate (or a savings of at least $1oo/month) , it might be time to refinance.
View our Wisconsin mortgage rates page to view current rates, updated daily!
You may also refinance if you want to trade in your adjustable rate mortgage for a fixed rate mortgage.
Our most popular Wisconsin refinance and purchase programs offered are listed below:
Conventional/Conforming Refinance and purchase in Wisconsin:
97% Purchase
Rate and term refinance
Cash out refinance
Debt consolidation refinance
FHA Refinance and Purchase in Wisconsin:
96.5% Purchase or 100% no money down purchase with gift funds
Rate and term FHA refinance
Cash out FHA refinance
Streamline FHA refinance (FHA to FHA)
VA Refinance and purchase in Wisconsin:
100% no money down purchase
Rate and term VA refinance
Cash out VA refinance
Interest Rate Reduction Refinance Loans (IRRRL) (VA to VA)
Wisconsin Refinance Programs:
- Refinance
- Cash Out Refinance
- Debt Consolidation Loans
- FHA Streamline Refinance
- FHA Mortgage Loans
- VA Streamline Refinance (IRRRL)
- VA Mortgage Loans
- Freddie Mac Home Possible
- My Community Mortgage
- Jumbo Mortgage Loans
- 80/10 Combo Loans
- Interest Only Loans
- Jumbo VA Loans
- Lender Paid Mortgage Insurance
- Less Than Perfect Credit
- Non Owner Occupied – Investment Property
For additional refinance or purchase information visit out website at http://www.MadisonMortgageguys.com.
Your local Wisconsin Mortgage Banker:
Brian Collins
Toll Free: (877) 240-5810 x106
brian.collins@www.madisonmortgageguys.com
www.madisonmortgageguys.com
Visit my blog at http://www.madisonmortgageguys.com/blogs_brian_collins/
