Refinance Mortgage Rates on Long Island
Refinancing your mortgage could be the smartest financial move you ever make. We offer competitive Long Island mortgage rates. A new low-interest home loan like fixed-rate and adjustable-rate (ARM) mortgages, FHA (Federal Housing Authority) loan, VA (Veterans Affairs) loans or Home Affordable Refinance Program (HARP) can cut your monthly payments by hundreds of dollars. That means lots of extra cash for you to spend any way you like, month after month after month.
How can we save you so much? Simple. We're NOT a bank. That means we don't have to play by their rules. We have access to low cost funds that are far more flexible than what you'll find at any bank.
Refinancing mortgage in Long Island New York can unlock your home's equity value to work for you. This money can reduce current debt, establish retirement investment or education funds, provide funds for improvements and upgrades to your home, or just put some cash in your pocket for whatever you need. It's quick and it's easy.
Why throw away all that extra money each month? Why give it to someone else? You've worked hard for your money and simply by refinancing your home loan, you could keep more of it where it should be - right in your own wallet. Refinancing is a popular option for many; however a second mortgage may serve you better.
Call or apply now to learn more about refinancing options. Best of all, loan approval is always FREE! There is no cost or obligation to ask about or to apply. And there are rarely any out-of-pocket closing costs.
Bad Credit Home Loans
Many first time home buyers or homeowners have experienced financial difficulties and bad credit due to personal issues ranging from the loss of a job, divorce or poor investments. Credit problems? Bankruptcy? Foreclosure? Late Payment? Collections? Artisan’s professionals have the expertise to assist borrowers who are burdened with poor credit. Our staff can pinpoint a niche product that will cater to your specific needs.
Everyone’s debt is different and that’s why our mortgage experts work with each customer to learn your situation and review your debt to find the solution that serves you best. Homeowners have opportunities available that they may not be aware of, many of which are tax-deductible. Call or apply now to learn how refinancing your first mortgage, taking a second, or a personal line of credit can relieve your debt worries.
Adjustable rate mortgages (ARM)
These Long Island mortgages are very popular with individuals who are seeking the lowest initial interest rate available with the understanding that their rate can rise in the future. The typical ARM starts with the lowest available interest rate, usually significantly lower than a comparable fixed 15 or 30-year mortgage. Adjustment period - This is the amount of time between adjustments of your interest rate. The typical terms offered are six months, one year, three years and five years.
Based on the information in the credit report, a number is created that summarizes your creditworthiness and how much of a risk you could be to a lender. Usually a number between 300 and 900, the score is generated from the information in the report. The lower the score, the greater the risk.
About Long Island Mortgage Broker
The premier Long Island mortgage broker offering a wide range of loan programs including fixed and adjustable Conventional, FHA, VA, Reverse Mortgages and low mortgage rates to homebuyers and homeowners across New York State.