Want to reduce your monthly mortgage payments!
Pay your mortgage at a faster pace!
Then now is the time to refinance your mortgage at a more competitive rate and enjoy all the benefits! Apply now!
How to Apply:
Documents required:
- Copy of mortgage document from your banking institution
- Minimum one year loan repayment history
- Valuation (provided by Preferred Valuator evaluator)
(Other documents may be required)
In addition:
- Valid ID (Social Security Card or Passport)
- Proof of address (recent light or water bill/bank statement)
- Current job letter (no older than 3 months)
- The amount you need to borrow
- Annual income, bonus, pension, etc.
- Other income information (alimony, child support, allowances)
- Total monthly expenses and commitments (other loans)
- Savings Statements (6 to 12 Months)
- Loan Statements (minimum of 12 months)
- Credit Card Statements (last 3 months)
- Payslips for last 2 months or pay cycles
Benefits:
- The lower interest rate can potentially reduce your monthly loan payment, which translates into more cash in your pockets.
- You may be able to refinance to a shorter term loan, enabling you to pay off your mortgage faster.
-
Equity Take out – using your mortgage to purchase other items that you may need at a lower interest rate.