Peak Home Mortgage | 25147 Foothills Dr. N| Golden, CO| 80401| Tel: Cell 303-378-4003 - NMLS 1008665 - CO Lic. 100044763
Call us: 303-526-9620
Mortgage Loans to fill your
needs
Our services are available in Denver, Boulder, Longmont, Loveland, Greeley, Ft. Collins,
Colorado Springs, Pueblo, Mountain cities, Grand Junction, Montrose, Durango and every
city in between. Just give us a call and we will be able to let you know if we can help in a
few short minutes!
Revised 5/3/2024
Colorado Refinance Loans
Great reasons to refinance your home loan
Here are five great reasons :
•
Lower your monthly payment. You can lower your monthly expense by
refinancing your Colorado Home Loan and dropping your interest rate.
Investigate interest-only payments and adjustable-rate mortgages
(ARMs) along with conventional loans. Each of these mortgages comes
with trade-offs, so get additional refinance information about their pros
and cons before proceeding.
•
You can lower your interest rate. Refinancing to a home loan with a
lower mortgage rate can reduce your monthly payment and the amount
of interest you pay. If you plan to keep your home for many years,
consider 15- or 30-year fixed home loans; otherwise, you'll find that
ARMs and hybrid ARMs, which are fixed for 3-10 years before they begin
adjusting, carry the lowest mortgage rates.
•
Pay your mortgage off faster. How about switching to a 15-year
mortgage? Mortgage rates on 15-year loans can be half a percent to a
full percent lower than rates on 30-year fixed-rate loans. Your home
equity goes up and your interest expense goes down. The trade-off is
that your mortgage payment is higher; make sure you can afford it
before committing to this loan.
•
Convert an ARM to a fixed-rate mortgage. If you plan to keep your
home for a long time, taking a fixed loan with a higher rate than your
current ARM may make sense in the long run. It keeps you safe from
inflation and makes budgeting easier. In this case, 15-year and 30-year
fixed mortgages are the most appropriate.
•
Trade home equity for cash. If you want cash to renovate your home,
pay college tuition, consolidate debt, or for any other reason, cash-out
refinances and home equity loans were made for you. Use the home
equity loan if you like the mortgage you have, and the cash-out refi if
you don’t.
How do you know if it’s the right time to refinance? Call us today and we
will discuss your particular needs in order to help you decide. Call 303.378.4003
Refinance
Colorado Loans
There are many different loans and often more than one that will
work for you. Peak Home Mortgage invites you to talk with us and
let us help you decide what is best for you. Review the other options
below
303-378-4003
Peak Home Mortgage | 25147 Foothills Dr. N| Golden, CO| 80401| Tel: 303-378-4003 - NMLS 1008665 - CO Lic. 100044763
Call us: 303-526-9620
Our services are available in Denver, Boulder, Longmont,
Loveland, Greeley, Ft. Collins, Colorado Springs, Pueblo,
Mountain cities, Grand Junction, Montrose, Durango and
every city in between. Just give us a call and we will be
able to let you know if we can help in a few short minutes!
Colorado Refinance Loans
Great reasons to refinance your home loan
Here are five great reasons :
•
Lower your monthly payment. You can lower your monthly
expense by refinancing your Colorado Home Loan and dropping
your interest rate. Investigate interest-only payments and
adjustable-rate mortgages (ARMs) along with conventional loans.
Each of these mortgages comes with trade-offs, so get additional
refinance information about their pros and cons before
proceeding.
•
You can lower your interest rate. Refinancing to a home loan
with a lower mortgage rate can reduce your monthly payment and
the amount of interest you pay. If you plan to keep your home for
many years, consider 15- or 30-year fixed home loans; otherwise,
you'll find that ARMs and hybrid ARMs, which are fixed for 3-10
years before they begin adjusting, carry the lowest mortgage
rates.
•
Pay your mortgage off faster. How about switching to a 15-year
mortgage? Mortgage rates on 15-year loans can be half a percent
to a full percent lower than rates on 30-year fixed-rate loans. Your
home equity goes up and your interest expense goes down. The
trade-off is that your mortgage payment is higher; make sure you
can afford it before committing to this loan.
•
Convert an ARM to a fixed-rate mortgage. If you plan to keep
your home for a long time, taking a fixed loan with a higher rate
than your current ARM may make sense in the long run. It keeps
you safe from inflation and makes budgeting easier. In this case,
15-year and 30-year fixed mortgages are the most appropriate.
•
Trade home equity for cash. If you want cash to renovate your
home, pay college tuition, consolidate debt, or for any other
reason, cash-out refinances and home equity loans were made for
you. Use the home equity loan if you like the mortgage you have,
and the cash-out refi if you don’t.
How do you know if it’s the right time to refinance? Call us today and
we will discuss your particular needs in order to help you decide. Call
303.378.4003
Refinance
Colorado Loans
There are many different loans and often more than one that will
work for you. Peak Home Mortgage invites you to talk with us and
let us help you decide what is best for you. Review the other
options below
303-378-4003
Revised 5/3/2024
