ARM or FRM?
It all depends on the rate difference. However another great strategy is to look at reducing the term. You could keep a similar payment and pay way more principle down. This will help with the amount you get back when you go to sell the home. You can use the calculators on my site to compare go to www...

Refi home
With your current rate, I would look at a term reduction. That would really knock the balance down and with 15 year rates so low you would not notice much of a difference in the payment. Check out my amortization calculator on www.mymortgagenashville.com Thanks Jonathan Cherry 615-594-8156

Refinance
I can help you with that, have some great comparison calculators on my website. Give me a call 615-594-8156, and visit my site at www.mymortgagenashville.comThanks Jonathan Cherry

Purchase a home
Should Not be a problem getting financing. Give me a call so we can run through your scenario. 615-594-8156

New Home
It depends on your other debts. Rates are ranging from 3.75% to 4.25% on 30 year fixed mortgages. You can call me today or apply through my website at www.mymortgagenashville.com 615-594-8156 Thanks Jonathan Cherry

Middle credit score of 697, can I get a home mortgage?
45% would be the max with housing payment taxes and insurance included. Is that included in your estimated ratios. Give me a call, so I can go through the scenario with you. Thanks Jonathan Cherry 615-594-8156

Could qualify for any type of mortgage loan with a fico score of about 518-525?
Good Article on <a href="http://www.mymortgagenashville.com/blog.html">Increasing your credit for a mortgage</a>.