You already own the home but are just seeking better financing. This may be the result of the market rates lowering, your personal financial situation improving, or the value of your home going up.

There are two main ways to refinance your VA loan.

Streamlined Refinance (IRRRL)

Also known as the Interest Rate Reduction Refinance Loan, or IRRRL, the Streamlined Refinance loan is easy to complete and often requires no money from the homeowner. This type of refinance simply adjusts the terms of financing and is great when interest rates have lowered since you purchased your home.

Cash-Out Refinance

A Cash-Out Refinance is exactly what it sounds like—you refinance to pull cash out of your home once you have paid down the loan and have equity. This can be a great option if you want cash to pay off other debts, pay for a large purchase, or do home improvements.

You can apply for a cash-out refinance for a VA loan, USDA loan, FHA loan, or conventional loan. The only limitations are placed by the lender on how much cash you can pull out and how much equity they require to remain in the property.

Keep in mind that refinancing may mean more interest costs over the life of the loan, so talk to your lender about all of your options before deciding on a refinance. If you are early into homeownership and interest rates have gone down, refinancing can be a great way to lower your monthly payments and even save money over the long-term

Why Refinance Your Mortgage?

Mortgage refinancing can lower your monthly payments, which can add up to significant savings. Knowing what refinance loan options are available is important, we can help!

When to Refinance Your Mortgage?

We offer information on a variety of great mortgage refinancing rates and options. When you are ready to take the next step or if you’re interested in learning more about our refinance loans, feel free to give us a call or send us an email. Since 2001, A.S.A.P. Mortgage Corp. has been proud to offer personalized home refinancing assistance to clients throughout NY, CT, FL, MA, PA, NJ! In New York, our licensed team is proud to serve residents in White Plains, Croton-on-Hudson, Cortlandt, NY, as well as the surrounding areas of Orange, Westchester, and Dutchess County, NY. In the state of Florida, we are happy to assist homeowners across Fort Lauderdale, Hollywood, FL; as well as both Broward County and Palm Beach County, FL. Our licensed mortgage brokers can advise you on which mortgage refinancing program best meets your needs, and help you refinance with minimal hassle and work. In addition to our refinance loans, we also offer competitive rates on 203k renovation loans if you’re planning on updating your current home. To get started on the refinancing process, please feel free to contact our team today!

Working with A.S.A.P. Mortgage Corporation

• We put YOU first. We are committed to getting every client the very best possible deal every single time.

• A.S.A.P. Mortgage Corporation offers some of the most competitive rates in the Nation!

• Fast and efficient, we close most of our loans in 30 days or less.

• We offer a variety of loans. A.S.A.P. Mortgage Corporation will find you the loan that is right for you!!!

Call us now – 866-THINK-ASAP