Take Advantage of Today’s Low Mortgage Rates in Louisville, Kentucky with an Easier Refinance
If you purchased your home a few years ago, you were probably just happy to get a loan at all, and the interest rate wasn’t THAT bad, so you signed those documents with no hesitation. However, it seems like everywhere you look today you see LOW-interest rates. The numbers can seem as though they are nearly taunting you. You know that refinancing is a possibility, but that is a complicated drawn out procedure isn’t it? Refinancing is much easier than you may think.
How Long Does It Take?
The actual completion time varies, but you can expect it to take around 45 to 60 days. However, during much of this time, you are not worrying about anything. Getting started right away means that you can close quicker too.
Is there Much Paperwork?
There will be less paperwork that when you bought your house in the first place. Plus, it is simple enough that it can usually be completed in one sitting. Your mortgage broker will help you every step of the way too. You will NOT have to be stuck doing this work yourself.
How Does Approval Work?
It is fairly simple. Your mortgage broker will ask for some simple paperwork from you will gather some info on his or her own. The hard work is done behind the scenes. In most cases, you’ll know if you can be approved in just a couple of days. If you have a solid credit and have made progress paying off your loan, you’ll be able to get approval.
Now that you realize that refinancing isn’t something to fear, we would love to help you take the next step. Reach out to us at Liberty Financial in Louisville, Kentucky and allow us to show you how simple it can be to lower your interest rate and possibly your monthly payment! We are excited to begin working with you.