Refinance
We offer a variety of refinance loans to help reach your goals. Options on primary, vacation, investment homes, multifamily, and commercial properties.
- Rate term refinance to lower your rate or payment
- Cash Out refinance
- Streamline/IRRRL refinance
Why Refinance?
Refinancing could get you a low fixed-rate that will protect you from rate increases and save you money over time. You may also be able to take cash out of your home for improvements or educational expenses. Lowering monthly payments, overall monthly debt, and increasing your cash flow by lowering your interest rate. Refinancing might also eliminate paying private mortgage insurance (PMI) thanks to the equity you’ve built up.
A Capital Home Funding, LLC Mortgage Loan Originator can help you decide if it’s the right time for you to refinance.
Benefits of Refinancing
Lower interest rates are often the reason people choose to refinance because it helps lower costs over time but there are also other reasons you might benefit from refinancing your home.
Lower Payment
Reducing your rate, even just by one percent, can lower the monthly payments by a couple of hundred dollars and cut long-term interest expenses by hundreds of thousands. *Total finance charges may be higher over the life of the loan when consolidating debit into your mortgage.
Quicker Payoff
Reduce your loan term. You can payoff your loan much faster but does have the possibility of higher payments
Cash Out
Use your home’s equity to pay for major purchases or to make home improvements
Products
We offer both QM and Non QM products
QM Products
- Conventional
- FHA
- VA
- USDA
- Construction
- Renovation/Rehab
- Reverse
NON QM Products
- Fix and Flip
- Bank Statement
- Asset Depreciation
- ITIN
- Foreign National
- 1099
