There is never a better time to Drop your Rate and Monthly Payments than during a time when cash is needed. Legacy Home Loans offers many home refinancing options to fit the mortgage goals of any homeowner. Refinancing your home has many benefits and can be a great way to pay off your existing mortgage faster, lower your monthly payment, or even get cash-out!
Refinancing your mortgage with Legacy Home Loans is easy and we can help you decide which program will allow you to reach your goals. Many of our refinance programs offer no closing costs and lower interest rates.
All of the above listed are great reasons to pursue refinancing, but several factors should be considered first.
Refinancing is similar to the process you experienced when you closed on your first mortgage. It requires an application, credit check, a new appraisal and title search. At Legacy Home Loans we try to make the refinance as quick and painless as possible.
Throw out the OLD rule of thumb, that says it only pays to refinance if you can get an interest rate at least one or two percentage points lower than what you are currently paying. Let an experience Legacy Home Loans expert tell you about a NO POINTS, NO LOAN FEES refinance that could make it worth while to refinance and lower your payment a NO BRAINER as there is no loan fees whatsoever!
When I applied for my loan with Legacy Home Loans, the Loan Officer, Tom Richter, ran our credit report and found two unpaid collection accounts that we were unaware of reporting on our report. The collection accounts were due to problems from a health insurance related issue in which the insurance company failed to pay the doctors. Tom offered to speak on my behalf via a conference call to the collection agencies to resolve the situation. The way Tom handled the collection agencies "tough guy" representative was spectacular. We resolved the situation and had the account paid and removed from my credit report which raised my credit score over 50 points and enabled us to get a lower rate. Thank you so much Tom and Legacy going above and beyond to help us!!!!!
We were working with B of A for over 3 months when rather than delivering what they said they would they finally said we were turned down for the loan. I had worked with Legacy Home Loans in the past and am so sorry I didn't call them first. After wasting 3 months of my time with the big bank, Legacy Home Loans closed our refinance in 3 weeks with a great rate in one of the easiest transactions I have ever done. Never again, I will always be contacting Legacy Home Loans for all my mortgage needs.