Refi home

A conventional refinance would be ideal to avoid and mortgage insurance premiums and still maintain a lower rate. If you still currently have a conventional mortgage and your new appraisal value is higher than 80% you can still avoid having MI if your property is owned by Fannie Mae. A DU Refi Plus can be done as a backup. If value come in below then I would move forward as just a basic conventional refinance. Feel free to contact me to further explain in detail. Elden AlvarezMortgage BankerpH 678-267-0277Brand Mortgage

Definitely conforming assuming dti is under 45%, 50% with reserves. WE have some of the best 30 and 20 year fixed rates available today. Please let me know if you would like a quote.

Depending on your financial goals you may want to look at a 10, 15 or 20 year conventional mortgage. These would save you the most money and not increase your remaining time to pay. If your appraisal falls a bit short they would also enable you to pay less for your mortgage insurance.

Lots of options available to you, but it's all based on what your home is currently worth. If you have 20% equity, a conventional refinance will work great for you. You might even consider a 15 year mortgage.. with current rates below 4%, you can probably lower your payment and still shorten your term. Contact a local mortgage broker, not a bank, and apply with them.. Ask them for a Total Cost Analysis, so you can properly compare several programs at once.... WilliamAcres.com

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