• Tel: 801-360-0882
    Email: bruce@aspenmtg.com

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  • Refinancing your current home is an option available to you to lower your current interest rate or shorten your loan term or both by paying off your current mortgage with a new mortgage. This allows you to stay in the home and neighborhood you have come to love.

    Refinancing definitely has it benefits and is a good option in many cases but it can also be a an expensive mistake if all the options aren't carefully considered. In some instantances it might be financially beneficial to stay with your current mortgage.

    Our mission is to look at your current situation and see if refinancing into a new mortgage is financially advisable and to show you all of your options.

    Here are some options that are available.

    Conventional Rate & Term: This option allows you to lower your interest rate or shorten your loan term say from a 30 year to a 15 year as an example.

    Conventional Cash Out: This allows you to tap the equity in your home and take cash out by increasing the balance of your current mortgage. You could also possibly lower your current interest rate or shorten your term at the same time.

    Conventional Consolidation: This allows you to pay off some or all of your consumer debt by taking out a new mortgage and paying off your credit cards, car loans, etc.

    FHA Streamline: If you currently have an FHA loan you can lower the interest rate with a new, no-cost, loan. This is a great option for borrower's currently in a FHA loan.

    VA Streamline: If you currently have an VA loan you can lower the interest rate with a new, no-cost, loan. This is a great option for borrower's currently in a VA loan.

    There are also other options available to you.

    Call or text us today and we will help you decide whether or not refinancing is a good option for you and which of the many Loan Programs would meet your financial goals.

    Call or text - 801-360-0882