Refinance Loan North Carolina, Understand Mortgage Rates - Interstate Home Loan

Refinance Loan North Carolina

Refinance Loan North Carolina2022-11-08T10:48:38+00:00

Why Refinance A Loan in North Carolina?

Refinancing is the process of paying off your existing mortgage with a new mortgage loan. Many times, refinance loans are taken to reduce the financial burden or change the repayment period of a loan. Refinancing allows the borrower to reduce their debts by using more suitable terms of payment. When you refinance a loan in North Carolina, you can also take cash out from the home’s equity. It helps you to lower your monthly payments and opens other financial opportunities.

When you first apply for a mortgage, you select the best terms available at the time. Financial circumstances can change quickly. Once you start repaying your debt, you may realize that your current payment has become a burden. The market is constantly changing and better options that will lower your payment may now be available. Refinancing a loan in North Carolina, gives you a way out by replacing your existing loans with another one, with different terms. The main aim of refinancing is to save money and maximize the return on investment. With property rates and yearly taxes, monthly repayments can become more difficult to make. Interstate Home Loan Center will guide you when refinancing a loan in North Carolina. We will walk you through the best options to lower your monthly payments. We will help you understand all the necessary information about your new loan. Here’s how refinancing a loan in North Carolina, works to your advantage:

  • Lower interest rate
  • Lowers tenure of your loan
  • Lowers financial burden
  • Increases financial flexibility

Refinance a Loan in North Carolina without the hassle!

Get all of the details about refinancing a loan in North Carolina with the help of Interstate Home Loan Center. The reason you choose to refinance a loan may be different but it is our duty to help homeowners ease their financial burden! Interstate Home Loan Center is here to help you with the entire process. We will guide through every step and ease your financial burdens in North Carolina.

One of the major reasons real estate transactions get delayed is because buyers don’t get mortgage approval. Know the difference between mortgage banker and a mortgage broker in North Carolina. Contact Interstate Home Loan Center and know the terms of North Carolina mortgage banker today. Contact us at 1-888-624-1414.

Quick Quote

Loan Programs

20-YR FIXED

5.50%

5.63% APR

Lender Fees – $1495
Points – $0

30-YR FIXED

5.875%

6.025% APR

Lender Fees – $1495
Points – $0

15-YR FIXED

5.125%

5.33% APR

Lender Fees – $1495
Points – $0

**Disclaimer This is not a commitment to lend. Terms and conditions apply. Interest rate and annual percentage rate (APR) are for informational purposes only. Rate and APR are based on single family, owner-occupied, primary residence purchase of conforming loan sizes with 60% loan-to-value and assumes 780 FICO score. Rates are prevailing and subject to change. Call for today’s live rate.

Our Process

Securing a mortgage doesn’t have to be stressful or time consuming. We believe in full transparency, and getting your loan approved FAST! You will be able to track the status at all times while we are working to move forward on our end. Any hold up can cause you to lose out on a home you’ve put an offer in on! At Interstate, our process is seamless and best of all, quick!

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FAQs

How do I know if it makes sense for me to refinance a loan in North Carolina?2022-11-01T12:00:05+00:00

First assess your financial mortgage related goals: i.e. are you looking to improve your monthly cash flow, lower your monthly payments, reduce your mortgage term, do you need to take out cash utilizing the equity from your home? Obtaining the right mortgage in North Carolina for your particular needs could make sense even when rates are not at their lowest levels. Contact the team at Interstate Home Loan Center to learn more about how we can help you!

Does refinancing a loan in North Carolina cost money?2022-11-01T11:59:29+00:00

While there are a number of benefits to refinancing like saving money on payments and shortening the term of your loan, refinancing does come with a cost. The process typically costs 2-6% of your loan amount. There are additional fees that can vary from lender to lender. Contact us today and let us help you decide if refinancing a loan in North Carolina makes financial sense for you!

Can I refinance a loan in North Carolina more than once?2022-11-01T11:58:46+00:00

The short answer is yes. You can lower your rate, term or use the refinance process to borrow money for another investment in North Carolina. Some lenders may even waive certain fees if you have used them in the past!

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