Refinance in California

Still paying a high interest rate, even though rates have dropped? Looking to adjust the term on your loan?

If your existing mortgage is no longer ideal, it could be time to consider a refinance on your home loan in San Diego, California.

By Refinancing in California Now,
You Can …

  • Potentially pay a lower interest rate on your mortgage.
  • Stop paying for mortgage insurance if you qualify for a loan without it.
  • Take more time to pay off your home loan.
  • Reduce your loan term if you prefer.
  • Change your fixed rate mortgage into an adjustable rate one (or vice versa).
  • Renegotiate mortgage terms.
  • Enjoy greater financial flexibility and peace of mind.

When Is It Time to Refinance in California?

It can be difficult to know when it is the ideal time to refinance. But anytime the benefits of refinancing are likely to outweigh the costs, a refinance might be in order.

Here are some examples of when you might want to refinance your home loan:

When interest rates have dropped, and you want to change your adjustable rate mortgage into a fixed rate mortgage so you can lock in a lower rate.

When you have more competitive qualifications than you did when you first applied for a loan, and may now be eligible for a lower interest rate as a result.

When you were planning on moving out of your home within a few years, and want to save money for the move with an adjustable mortgage rate with a low introductory rate.

When you have had a drop in income, and want to have more time to pay off your loan so that your monthly costs decrease.

When you are tired of paying for mortgage insurance, and may qualify for a loan without this requirement.

When you want to consolidate high-interest debts into your mortgage.

Refinance Your Mortgage Now

There is no reason to keep paying more on your home loan than you have to. Joshua Barton, Broker can help you figure out if this is the right time to refinance your home loan and whether you qualify. To schedule your consultation, please give us a call today at (760) 692-4662. We look forward to helping you refinance your mortgage in San Diego, California.