Refinance my home at 5.75%

there are some diffrent ways to handle that, the biggest peice would be to loose the monthly pmi.... there are some programs available that we could drop the rate and utilze which would save you money... additionally if you wanted to take a 25yr term instead you wouldnt be going back to a 30yr program... you can call me to discuss the details..... thanks john 913-928-6187

Hi Jared!Yes! You should be able to save a significant amount of money by redoing this loan, even if you were to continue to pay it off in 27 with the new loan (not going backward). Please contact me using any of the forms shown at http://www.CloseWithMichael.com/Contact so that I can put together a completely free and very detailed analysis for you. It will show you exactly how much money you can save in both the short and long terms...all without any cost or obligation!I look forward to hearing from you soon!-MichaelMichael CreedSenior Loan Officer & Oconomowoc-Branch ManagerEnvoy Mortgage, Ltd.800-627-1925, Option 1, Extension 5144 | Toll Free262-293-5144 | Direct262-293-5145 | eFax262-696-9048 | Text Messaging50441 | NMLS ID 405 Forest St; Suite 109Oconomowoc, WI 53066Corporate NMLS # 6666

It would definitely be worth checking out...the conventional rates are in the 4% range currently.I would be more than happy to run some numbers and discuss some options for you. Give me a call at 920-410-2646 or send me an email at pschubert@phewholesale.com.

Absolutely, reduction in rate and also MI would save you $$$$ compare options contact any to ask for initial Fee worksheet and compare. I can be reached at ballen@acessnational.com

In addition to the previous response I would also like to point out that the pmi quote on a 25 yr mortgage would also be cheaper. It is worth your while to pursue this further. There is neither cost nor obligation for a full mortgage consultation. ENG Lending, A Division of Bank of England, always puts your best interest first. We would appreciate the opportunity to serve you. Please visit us at www.cincinnatimortgagerate.net. You will soon find that we are so much more than a Mortgage Banker; we are a company that is dedicated to empowering our clients and referral partners. Don't forget to visit our Facebook Fanpage at http://www.facebook.com/pages/ENG-Lending-Cincinnati/171183536269710#!/pages/ENG-Lending-Cincinnati/171183536269710?sk=wall Or Call Anytime 513-403-6260

Your basic parameters look good for you to seriously consider doing something. You need to let a licensed professional review a full application to make any accurate assessments, but I'd probably look at a standard one loan 20-year fixed with a no monthly PMI. This is possible, even though you estimate over 80% loan-to-value. Call me to learn how at 651-552-3681. I am based in St Paul, but also do a lot of loans in WI. click on my name to the left to learn more.

Jared, By refinancing you stand to save somewhere around $175 -$200 a month if you were to take a new 30 year fixed rate. Although avoiding PMI on the new loan is ideal, it might not be practical for you given your current loan to value. You would have to put about $15,000 into the transaction to avoid PMI. So essentially you would be just refinancing the rate. The PMI cost per month should stay about the same - might even go down a bit. Given your situation I believe a new 30 year fixed is more beneficial than say a 25 year fixed. The reason is the interest rate is exactly the same. You can always make a 25 year or 20 year payment (to pay it off in 25 or 20 years) but you don't have to. This gives you flexibility in case your cash flow fluctuates. The cost to refinance will range somewhere between $1,700 and $2,000 in Wisconsin. Since you'd be saving about $200 per month, it would take you 10 months to recoup the costs. Therefore if you plan on staying in the home much longer than 1 year - refinancing makes sense. There are other options and structures available - for instance no closing costs. I would be happy to explain all your options if you care to look into this further. I can be reached at 262 -754-4017. My name is Paul Kozak with Assured Mortgage, Inc. We are a Better Business Bureau A+ rated mortgage company in Brookfield.

Hi Jared, with the information that you provided, you are in a great position to lower your interst rate, get rid of the pmi, shorten the term of your mortgage and save money every month. There are several programs & scenarios that could work for you. Please call me at 608-831-4663 or go to www.MadTownMortgage.com and start your loan application. I will provide you with detailed analysis of all programs & terms that you would be eligible to refinance your home; with this info you will be able to make an informed decision on how to proceed with your mortgage refinance. If you are in the Madison area, tune into my weekly radio program "Mortgage & Real Estate Radio" every Saturday at 9AM on 1670 WTDY. Thank you! Bill Quigley

You may want to consider doing a 27 year term and whether or not you have PMI on your new loan and how much will be determined by the new value and whether or not you want to bring cash to close. Your savings should outweigh the costs fairly quickly. Thank you.