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(512) 891-0778 loans@austincapitalmortgage.com NMLS: 229421, 1971339

Rates & Options for Mortgage Refinancing.

What is Mortgage Refinancing and Why Should I Do It?

refinance

Refinancing your mortgage is essentially the process of “trading in” your old mortgage for a new one. No matter what property you are looking to refinance, the expert team at Austin Capital Mortgage can help you achieve your goals:

  • Single Family Home
  • Townhome
  • Condominium
  • Multi-Family Home

Refinancing offers several benefits, including:

  • To eliminate mortgage insurance because the value of your home has increased or you’ve made a significant dent in your loan balance.
  • To pay off your loan faster with a shorter repayment schedule.
  • To secure a reduced mortgage rate to spend less on interest.
  • To lower your monthly payment by lengthening your repayment schedule.
  • To switch from an adjustable rate to a fixed rate so your payments are more stable.
  • To access your home’s equity in order to make improvements, consolidate your debt, or even buy a second property.

Austin Capital Mortgage is here to help you explore your options for mortgage refinancing, resulting in significant savings for you!

When Should I Refinance My Mortgage?

There are several reasons it might be beneficial to refinance your loan. In some cases, you might be able to lower your interest rate, allowing you to save money monthly. You may also be able to shorten your payback period, which would reduce the amount of interest you pay on your loan. You may also want to unlock equity you have built up in your home in order to pay off other high interest debt.

For many Texas homeowners, now is a great time to refinance. Mortgage rates have been hovering around historic lows for quite a while now.Creating an opportunity for many to secure a lower rate and a lower monthly payment.

Give Austin Capital Mortgage a call today – we’d be happy to help you walk through these options and our loan refinance process!

The Austin Capital Mortgage Difference

Not only have we been ranked in the top 25 lenders in Central Texas for 20 years running, we are also known for our ability to work with complex deals. Those with more intricate loan situations, including realtors, builders, and CPAs, continue to put their trust in us year after year. We are also often entrusted by other lenders with demanding deals that need to be closed fast. At Austin Capital Mortgage, we always:

  • Put you and your needs first.
  • Proudly offer some of the most competitive rates in the nation.
  • Work quickly and efficiently to get you everything you need; we close most of our loans in 30 days or less.
  • Have the ability to offer numerous types of loans, allowing us to find the ideal loan for you.

Get started today!

Fill out the questionnaire on this page to start a discussion about your mortgage needs today!

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