We specialize in financing programs specifically for the purchase or refinance of homes. We have access to more lenders than most other companies. Our contact info is below:
Licenses and Certificates Held:
California Real Estate Brokers License
California Real Estate Officers License
Department of Corporations Lenders and Broker License
State of California Occupational License
Salesperson License for Manufactured Homes
Manufactured Home Dealers License
CAL VET Loan Certification
Here is our contact information if I can answer any more questions:
Ferris Financial Group, Inc.
If you have a conventional or FHA loan, there is not a prepayment penalty and you can technically refi 1 day after being on title. However, please note that the loan officer that did your current mortgage might be expensed a fee from the lender - not you. Lenders put stipulations on their loan officers as a means to prevent them from refinancing the same customer over and over. This protects the customer at the same time.
I would say that any rate greater than a 1% difference of what you have now would be a great advantage of you to take. Yes, it may take a year or 2 to recoup the costs of the refi vs. your monthly savings but if you are taking this new loan for the long term, then I would say that it will be a great investment.
Call me if I can help.
Apply Online @ flagstarloans.com/lallison