Refinance Interest Rate
Are your interest rates to high and causing you to pay an absurd amount every month? Are you currently in a variable Rate Mortgage and the rates have sky rocketed to a high percent. Maybe it is time for you to consider refinancing with East West Mortgage.
Refinancing in a nut shell
A refinance is the act of purchasing a new loan with lower rates to pay off your current home mortgage rate. The new loan will have different option to suit your current needs. You may even include some of your other debt into the new loan to pay it off. Refinancing allows you to change things around with the mortgage loan. You can switch from a fixed rate mortgage to a variable rate mortgage, and vice versa.
How East West can help
The rule of thumb when refinancing is usually to refinance when the rates are 2% lower then they are on your current home mortgage loan. Rates are determined by your credit score. For those individuals with bad credit East West Mortgage can help you with our Sub prime programs (bad credit programs). Those programs can help assist you with your situation and come to a compromise on a loan. East West Mortgage makes it easy for you to decide whether it is the right time to refinance your home mortgage loan. Our website includes many different tools for you to use. Our free on line refinance calculator can help determine if you can save money by refinance.
We also have listed our current interest rates for you. If you do decide to refinance, East West Mortgage has made the application process very simple, with our fast and easy on line application process. If you wish to talk to someone please feel free to call us at our toll free number 1800-880-4202
