Category: Refinance

CONTACT US, WE CAN HELP

Do you have questions about refinancing? We provide counsel to help you find the right mortgage. We are a mortgage broker, and search wholesale lenders to find the best rate and costs. We broker in both Arizona and California. Contact us, we can help! We offer a variety of products and services, ask us how we can assist you today: Counsel Mortgage Group®, LLC www.counselmortgage.com 480-502-1000 NMLS #178927 AZ MB #0909580 CA DBO #60DBO43873 Copyright © 2021 Counsel Mortgage Group®, LLC.  

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THINKING ABOUT REFINANCING?

Many factors should be considered when deciding if refinancing is the best choice for your needs. We can help you. We’ll ask simplified questions to get you on the right path. We have helped hundreds of families refinance loans over the years. We analyze the current rates and evaluate whether refinancing is right for you or whether it is not in light of the costs involved. We can also assist in a refinance to take cash out of your home to make improvements, consolidate debt, or other reasons. Contact Counsel Mortgage Group, we’re happy to review and discuss your mortgage...

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REASONS TO REFINANCE

REASONS TO REFINANCE

    Is refinancing to reduce your payment the smart thing to do? The most basic analysis is to compare the savings to the costs.  For instance, if the costs are $2,500 and the savings is $100 per month, then it would take 25 months ($2,500/$100) to recover the costs.  Living in the home for more than 25 months, you will benefit from the refinance.  If you are going to live in the house for less than 25 months, then it would not benefit you to refinance. Another level of analysis, that most do not consider, is the long term consequences...

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CONSIDERING REFINANCING?

Many factors should be considered when deciding if refinancing is the best choice for your needs. We can help you. We’ll ask simplified questions to get you on the right path. We have helped hundreds of families refinance loans over the years. We analyze the current rates and evaluate whether refinancing is right for you or whether it is not in light of the costs involved. We can also assist in a refinance to take cash out of your home to make improvements, consolidate debt, or other reasons. Contact Counsel Mortgage Group, we’re happy to review and discuss your mortgage...

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THE PUSH TO REFINANCE

You may have received a phone call, mailer, or email with the promise of low rates and lower payments. Below are some thoughts to consider before you refinance. The most basic analysis is to compare the savings to the costs. For example, if the costs are $2,500 and the savings is $100 per month, then it would take 25 months ($2,500/$100) to recover the costs. So, if you continue to live in the home for more than 25 months, you will benefit from the refinance. If you are going to live in the house for less than 25 months, then...

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WHAT IS THE BEST REFINANCING OPTION FOR YOU?

  There are a variety of options for refinancing mortgage loans. What is best for you? The fact is, not everyone’s situation is the same.   At Counsel Mortgage Group we do what is best for you. We have many options for our customers. Ask us about our fixed loan options, we have several. We can look at lowering your payment and total interest paid over the life of the loan.   Contact us at Counsel Mortgage Group and we guide you down the best path for you.   We offer a variety of products and services, ask us how...

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BUYING, REFINANCING, WHAT’S THE PLAN?

As you can imagine, we get asked more so than ever before, “Is now the right time for buying or refinancing a home?” Refinancing is currently on the forefront of many homeowner’s minds today. If you are a prospective home buyer when should you start planning for your mortgage? The answer is as soon as you think you will be buying or refinancing a home.

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REFINANCING IS HIGHLY DESIRABLE 

Refinancing is highly desired right now and we have helped many homeowners refinance their loans.  Frequently delaying the process is postponed mortgage payments due to forbearance. Is it possible to refinance a loan in forbearance? Yes, you can refinance if your loan is in forbearance. You will have to bring your loan current to refinance. The lender will not refinance if you are behind on your mortgage payments. If you are looking to refinance, contact Counsel Mortgage Group and we can help you! We offer a variety of products and services, ask us how we can assist you today: Counsel...

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MY LOAN IS IN FORBEARANCE, CAN I REFINANCE TO GET A LOWER RATE?

  In order to refinance, you will have to bring your loan current.  We recently had a client who chose the government’s option to forebear his mortgage payments.  He did not pay his mortgage for a couple months.  When he contacted us to refinance, the lender would not approve the loan until he brought his mortgage up-to-date.  Once the loan was paid current, the lender approved the refinance. So, yes, you can refinance a loan in forbearance.  You’ll just have to bring the balance current.

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