Refinance Your Home

Refinancing is a powerful method to take control of your financial life. A refinance home loan may allow you to actually lower your monthly payment or reduce the amount of time required to pay off your actual mortgage or both! Alpine Mortgage specializes in New Jersey refinance strategies as well as New York refinance strategies since we are a local company but Alpine Mortgage can assist anyone with a home loan refinance.

Advantages of a Home Loan Refinance

If you are like the average borrower, you will want to refinance your mortgage because of the benefits associated with a refinance home loan. Freddie Mac recently reported that 89% of borrowers who had a 1-year ARM (adjustable rate mortgage) actually refinanced into a fixed rate loan on their mortgage while 82% of borrowers who had a 30-year fixed rate mortgage and chose to refinance their home loan chose to stay with a fixed rate mortgage. For these and other borrowers the advantages of a refinance home loan are clear:  

• Refinancing can lower mortgage interest rates thereby reducing interest costs; not to mention lowering the monthly payment
• Refinancing can convert an ARM to a more secure, fixed rate mortgage
• Borrowers who have both a first and a second mortgage can consolidate both mortgages into a single, lower rate mortgage
• Refinancing can allow a borrower to access the equity in the property as a cash reserve for paying off credit card debt, providing for family needs such as college tuition, or simply as an emergency fund

Alpine Mortgage Advantages

As a local provider of New Jersey refinance and New York refinance packages, Alpine Mortgage provides a unique blend of service and skill in the mortgage industry. The advantages of Alpine Mortgage’s refinance home loan options can best be summarized as:

• Some of the Lowest Rates in the Industry
• Simple Online Refinance Application
• A Variety of Options & Mortgage Programs
• Industry Leading Loan Professionals

Refinance Tools & Advice

Refinance Analysis
Our Refinance Analysis tool assists you in determining if reducing your monthly mortgage payment, lowering your interest rate, paying off your mortgage sooner, combining a first and second mortgage, or accessing the equity in your home by cashing out is an appropriate strategy for you and your current situation.

Apply Online
This link takes you to an easy, non-threatening online application so that you can be pre-approved for the loan product that most suits your needs and requirements.

Deciding When to Refinance
This link reviews the primary considerations regarding time frame, mortgages, cash out, and closing costs, among other factors, affecting your decision to apply for a home loan refinance.

Reasons to Refinance
This article reviews the reasons that you may want to consider refinancing your existing home mortgage.