Interest rates are super low right now. So you just can't afford to pass up the opportunity to refinance your current mortgage on your San Diego property right now and save big bucks. By acting now and refinancing to a lower interest rate you can enjoy these great benefits:

* Lower your monthly payment, perhaps dramatically, while increasing your financial flexibility and cash flow.

* Pay much less in interest and pay your mortgage off sooner, increasing your equity faster.

* Get cash back at closing to use as you wish — long overdue remodeling project, refurnish and update your home, pay educational expenses, start a business or even take a much needed vacation. You pick. The cash is yours.

* Pay off and consolidate other high interest debts like credit cards, auto and personal loans.

* Save time and money with one easy low payment.

* Have more money available to save in case of unexpected bills.

Does Refinancing Make Sense For You?
To determine whether refinancing makes sense for you, you’ll first need to jettison the idea that there’s some rule of thumb that can make the decision for you. It used to be, back in the day when everybody got 30-year fixed mortgages and refinancing costs were high, that interest rates had to fall at least two points below your current rate for refinancing to make sense.

Now there are so many different kinds of mortgages -- 20-year fixed, 15-year fixed, adjustable rate and hybrid mortgages that are fixed for 3 to 10 years before becoming adjustable, and the hugely popular Pic-a-Pay home loan - and so much competition driving down costs that there isn't a particular rule of thumb for refinancing anymore. And remember, if you’re only talking to just your current lender about refinancing, you could be making a big mistake by not taking advantage of the competition. That's where talking with us could save you big dollars.

Refinancing is often a sound financial choice that can allow you to meet a variety of needs, as mentioned above. So if it makes sense for your unique financial situation, then you should go ahead and refinance. Some homeowners may want a little financial breathing room by switching from a larger payment 15-year loan to a 30-year loan, as an example.

Others may want to shortening their term of a mortgage. A 20-year mortgage may be just right for them. With the low rates that we have today the higher payments on a shorter term loan are much easier to afford and you'll save tens-of-thousands of dollars in interest charges over the life of the loan.

Also, many homeowners are switching from their adjustable rate mortgages to fixed rate mortgages right now. However, if you know you will be selling your home in a relatively short period of time, refinancing to an even shorter term adjustable could allow you to save quite a lot before you move. If you have a balloon payment coming due soon, you definitely should be looking to refinance. So, you see, it just depends on what you want to accomplish and what kind of a time-line you have to work with.

Check Your Savings
Use the refinancing mortgage calculators to see if it makes sense for you to refinance. Experiment with how different interest rates, terms, loan amounts and number of payments will affect your monthly outlay and overall loan expense. Don't forget that as a homeowner you can take "cash" out of your property and use it as you wish. Loan programs now allow you to go as high as 125% of the value of your property. Borrowing against the equity in your home can be a low cost and usually tax deductible way to get needed cash or pay off debts. Mortgage interest rates are often less than other types of consumer loans, and the potential tax deductibility of the interest can reduce the "after tax" cost even further. Consult your tax advisor for more information.

Call Us
There are many more home loan options available to you now than ever before. Deciding which one is right for you can be confusing. Give us a call at 619-471-1799and we'll help you sort your choices out. Or, if you prefer, you can e-mail us at and we'll respond promptly. And remember this, a mortgage isn't just a home loan anymore, but a tool to use to help you reach your financial and investment goals!

Yes, do what many San Diegans are doing right now. These low interest rates can help you save a bundle of cash...and even put some in your pocket!

Just bought a few months ago?

Value increased?

Don't wait a year to cash out equity. Take CASH OUT NOW!

We use the Cureent Value of your home for cash-out refi's.

Call today to learn more.
619-471-1799

2355 Northside Dr., Suite 320, San Diego, CA 92108
Office: 619-471-1799 / Toll Free: 800-420-8004 Ask For Steve Conner
Fax: 949-267-1362

California DRE #01216829

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