Conventional Mortgage Refinancing
Many homeowners choose to refinance their home loan into a conventional mortgage and remove mortgage insurance from their monthly payments once they have the equity position to do so. Also known as a conforming loan, these loans must conform to Fannie Mae and Freddie Mac guidelines. Both Rate and Term refinancing and Cash out refinancing are available with conforming loans. Within the conventional loan guidelines, we can refinance your primary residence, second home and even your investment properties. If you are wondering if it is the right time to refinance into a conventional mortgage, talk to one of our mortgage professionals today.
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