No Lender Fee Refi
Don't Miss Out On Lower Rates
No lender fee refinance for any contracts through 3/31/23!
If rates drop after you close on your new home, we've got you covered! You can refinance at no cost within 24 months of closing on your Rausch Coleman Home.*
Prequalify today or contact us to find out more!
5 Ways Refinancing Could Be Right For You
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Swap out an ARM for a fixed-rate mortgage
If you currently have an adjustable-rate mortgage (ARM), you may have seen your loan payments fall and rise. You could refinance to a new, fixed rate, if you qualify.
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Change your loan term
Life changes as the years go by. Talk to your loan officer about whether changing your loan term has benefits.
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Cash out equity
After months or years of payments, you may not realize how much equity you now have in your home. Your loan officer can tell you when it makes sense to pull that valuable equity from your home and convert it into cash to cover large expenses.
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Scrub down your interest rate
Reducing your rate could save more money over the life of your loan. Just remember: The potential savings need to offset the other fees associated with a mortgage refinance, such as closing costs.
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Say goodbye to PMI
If you financed your home without 20-percent down, you may have had to pay for private mortgage insurance (PMI). Once your loan-to-value ratio (LTV) reaches 80 percent, you can talk to your loan officer about removing it.
*Refinance with no upfront cost offer will be provided in the form of a lender credit applied at closing on Rausch Coleman Homes under contract by 3/31/2023. Borrower must refinance their home within 24 months of the closing date. Borrower may receive a lower interest rate without the credit. Credit cannot be combined with other offers and is subject to change. Loan must close with Lendlo Mortgage. Not a commitment to lend. Borrower must meet qualification criteria. While refinancing could make a significant difference in the amount you pay each month, there are other costs you should consider. Plus, your finance charges may be higher over the life of the loan.