CONNECTICUT RESIDENTIAL REAL ESTATE REFINANCES

Are you thinking about refinancing your home or investment property? Are you looking to reduce your current mortgage rate or maybe shorten or lengthen the term of your current loan? Do you need to reduce the monthly payments or consolidate all your debts to lower your overall monthly expenditures? Maybe you simply want to have some more money available for an emergency or rainy day fund?

Whatever your reason, let us explain the different types of financing to help you decide what's best for you. Let us help you before you sit down at the closing table and pay for an Appraisal or non-refundable application fee. We can help you sift through the pros and cons of the different types of Connecticut Real Estate loans. We can even help you determine if a specific Connecticut Mortgage Lender or Connecticut Bank is right for you and your situation!  We have provided closing services for thousands of loans and almost every Connecticut Mortgage Lender. We keep ourselves familiar with the specific rates and products that each Connecticut Mortgage Lender is offering. While one Lender may have a superior product for Connecticut Construction Financing, that same Connecticut Mortgage Lender may not have the best Jumbo fixed 30 year mortgage product.

If you need or want to borrow more than 80% of your homes value, have you considered the differences of an FHA loan in contrast to a combined first and second mortgage or the Fannie Mae/Freddie Mac low down payments products? Do you know the specific benefits and detriments in your particular situation? What may be best for one person can be quite more costly for another. Let us help you understand the differences.    

The volumes of papers involved in a refinance can be intimidating. We will explain what each one means efficiently and in plain language. We can tell you immediately if you are being taken advantage of by a Connecticut Mortgage Lender. Why pay more than you have to? Let us negotiate for you. We can let you know if the fees and costs being charged are customary or if you are paying more than others in your situation. 

Not all situations are best suited for a standard 30 year fixed mortgage. Would you benefit from an adjustable rate mortgage ("ARM")? While an ARM has received some bad publicity as a result of the housing crisis, in some circumstances, it can be extremely beneficial. However, when used in other circumstances, it can be extremely risky and dangerous. The wrong decision has the ability to create a situation that can risk the ownership of your own home or property! Don't let a Connecticut Mortgage Lender that is trying to sell you a product give you the necessary advice you need to make these choices. Allow a Connecticut Real Estate Attorney who is experienced and knowledgeable in the products offered by the Connecticut Lenders to help you navigate through the various loans available to you.  

We can be your greatest asset and ally! Let us help you today.