Is it possible to refinance an ARM mortgage for a 30-year fixed after you've owned a property for three years? by colby8881 from Washington, Michigan. Mar 17th 2011
Absolutely! Now would be a great time to explore your fixed rate options depending on your long tern goals. Feel free to contact me through my profile for a no cost, no obligation, mortgage refinance analysis.
Hello.Interest rates are very low right now and I have seen may folks trying to get into fixed rates. Chances are your current ARM rate is pertty low unless you have a subprime ARM. Most of my clients choose to take a fixed rate for a shorter period of time than their ARM loan if their current rate is higher than today's market rates. I am able to lend in 47 states. Give me a quick call or email and we can see how much benefit there would be for you.Hope this helps.Patrick McCarthy, Northpointe Bank Mortgage, PatrickM@Northpointe.com, 866-901-3576
Not only is it possible, but in most cases, I would recommend it given the current low interest rates. The only reason it may not make sense will be based on how long you plan to live there in comparison to the cost of the refinance. This is also called the "break even." Please feel free to contact me if you would like further assistance at david.sheir@guaranteedrate.com.
You can refiance anytime.Joe Shamie 877-662-3321 x102
you have ask that question at a perfect time. Now is the best time to go into a fixed loan. Give us a call even if your working with someone else and we will go over your options and closing costs. Call Daniel Lotter/Tri Star Funding - 877-489-8249 toll free
Yes it is. Rates are very low on the Fixed rate product as you may already know. There is benefit by getting into a 30 year fixed loan. To better understand what kind of benefit there may be you can email me @ rconstantine@myhsoa.com for a no obligation assessment of you situation.
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