Give your mortgage an annual once over

If the last time you looked at your mortgage was when you closed on your loan, it’s time to take it out for an annual once over. Below are some questions you may want to ask yourself.

Do I still need to pay for Private Mortgage Insurance (PMI)?
Depending on the requirements of your loan program, you may no longer need to pay PMI premiums.

How’s my credit report?
The information in your credit report has a huge impact on whether or not you will qualify for a new mortgage purchase or refinance loan.  That’s why it’s important to periodically check your credit report.  You are entitled to one free credit report per year – you can get one at https://www.freecreditreport.com

Am I making the most of my home’s equity?
With rising home prices, you may have more equity in your home than you realize. Taking out a home 
leftequity loan may make good financial sense.  Call us today to find out.

Is it time to refinance?

The timing might be right to refinance your mortgage loan. New rates may help you significantly lower your monthly payment.  By refinancing, you may even be able to pay off your mortgage sooner.
 
We'll work with you to determine if the timing is right to change your loan program, considering your cash on hand, how likely you are to sell your home in the near future, and what effect refinancing might have on your future plans.