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

How Can I Lower My Mortgage Payment?

Mortgage rates are notorious for fluctuating frequently, which can significantly affect your monthly payment if you have not taken advantage of a fixed-rate mortgage.

agent talking to a couple

A refinance with Austin Capital Mortgage may help lower your payment, saving you money.

Our loan experts will help you find the right refinancing option for you – give us a call today to see if you qualify! Not ready to reach out yet? Use our handy refinance calculator to see what a new rate and term could save you. We’re here to help when you need us.

Why Would I Refinance My Loan?

Most homeowners take advantage of their refinancing options when they see an opportunity to lower their monthly interest rates. A lower interest rate on your loan means a lower monthly payment. That means you’ll not only save money month over month, you’ll also end up saving thousands of dollars throughout the lifetime of your loan.

Need help reviewing options? Keep reading to get an idea of what’s available to you, or give the experts at Austin Capital Mortgage a call to get started! We’re here to help with any questions you may have.

What Are My Refinancing Options?

The good news is, depending on your goals, there are many options for refinancing available! Here is a look at just a few of the ways Austin Capital Mortgage can help you save on your monthly payments:

FHA Loans
FHA loans are government-issued fixed rate loans. FHA loans can help you save money by eliminating the stress of not knowing what your monthly payment will be. You will be paying the same amount each month!

30-Year and 15-Year Fixed-Rate Loan
A fixed-rate loan, whether it be a 30 or 15 year term, is a great way to stabilize your payments by ensuring they stay the same month over month.

Adjustable Rate Mortgage
Adjustable Rate Mortgages (or ARMs), are a great option when rates are already low. Take advantage of lower interest rates with a five, seven, or 10 year ARM.

VA Home Loan
A VA Loan can allow you to refinance up to 100% of your home, or buy a home with no down payment. The cherry on top is, you will also never have to worry about paying monthly insurance (or PMI).

If you are a current or former military member, or spouse of a veteran, great rates and savings may be available to you. There are several options available for eligible veterans.

Why Work With Us?

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.
  • We can often identify and mitigate any potential issues or barriers during the pre-qualification stage, making your closing a breeze!

Get started today!

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

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