If you’re not behind on your mortgage payments but have been unable to get traditional refinancing because the value of your home has declined, you may be eligible to refinance through the Home Affordable Refinance Program (HARP). HARP is designed to help you get a new, more affordable, more stable mortgage.
What does it cost to refinance? What are the benefits? Ever heard the old rule of thumb, you should only refinance if your new interest rate is at least two points lower? That may have been true years ago, but with refinancing dropping in cost over the last few years, it’s never the wrong time …
We’ve assisted over 3000 home owners in the local area and are proud of our A+ Rating.
Whether you’re looking to buy a new home or refinance an existing home loan, St. Louis Mortgage is your best source for jumbo loans. We specialize in jumbo and non-conforming mortgages as our jumbo mortgage financing interest rates are well below the national average and have the added benefit of low down payment options.
In Missouri, FHA loans are actively becoming the most popular loan due to restrictive credit standards. There is a national increase in FHA lending but our area of expertise lies within our licensed state of MO.
This month we’re giving away 2 free tickets to the September 13th St. Louis Cardinals game against the Milwaukee Brewers.
Conventional loans are the most common loan in the market today. Conventional loans work best when you have more than 10% equity or down payment, and you have higher credit scores. Conventional loans can also be used for a greater variety of property types and loan purposes.
If you qualify for a VA loan, there are several significant advantages VA loans hold over the conventional mortgage.
What are the benefits of using a Professional Mortgage Broker? Using a mortgage broker can help you to find a wider range of loan offers without having to do nearly as much work, and may even be able to find you loan options that you were previously unaware of or may not have even been able to …