Saving money is always a good idea, so why not get started now? If you’re a homeowner, it might be the perfect time to consider refinancing your home mortgage.
At La Capitol, our rates have dropped to near historic lows. These new mortgage rates make it easier to get the most from your current home loan. Plus, with a lower rate, you can save more money each month to pad your savings or pay off unexpected expenses.
La Capitol offers several refinancing options, including cash-out refinance. With cash-out refinancing, you can refi for more than you currently owe on your home loan and pocket the difference. Cash-out refi can help you pad your savings, pay for renovations and repairs or consolidate to pay off debt – all with a lower interest rate!
We know what you’re probably thinking — home refinancing sounds like a complicated process. In reality, it’s actually much easier than the original process of purchasing a home! Our specialists are here to guide you every step of the way, from application to final approval. We simplify the information needed and work to get the best rate for your home, making the refinancing experience a breeze.
Once your new mortgage rate is approved, you’ll be able to truly reap the benefits of having lower monthly payments. One simple home refinance can save you money today — AND in the long term. Plus, you may even qualify for no money down1 or no PMI!2
Ready to explore the advantages of refinancing your home at La Capitol? Reach out to our mortgage team today to learn more!
Our goal is to provide the highest level of service at competitive rates. Our Mortgage Loan Originators are only a phone call away if you need help. Contact us at 800-522-2748.
1Loans are available to qualified, creditworthy members. The amount of your loan and the term will affect your interest rate. The rate you qualify for will depend on a review of your credit history. Ask for complete details.
2PMI = Private Mortgage Insurance. Other conditions apply, including but not limited to appraisal, title, and maximum loan amount of $300,000. Maximum DTI (Debt to Income ratio) 40%. Minimum credit score of 700. No slow payments in the last 24 months. 24 months of previous mortgage history or rental history. Judgments, liens, voluntary or involuntary repossessions, charge-offs, federal and state tax liens must all be paid in full and released prior to closing. No open or active mortgage(s) allowed in order to qualify for this product. Minimum 24 months of verified employment in the same or related field. Two years of W-2s and tax returns are required. Seller contribution up to 6% allowed. Loans are available to qualified, creditworthy members. The amount of your loan and the term will affect your interest rate. The rate you qualify for will depend on a review of your credit history. Ask for complete details.