REFINANCE | Kirsch Lending

Congratulations on taking the next steps to explore information on Refinancing your home(s)!

In a nutshell, the refinance process involves paying off your existing loan(s) and giving you a shiny new loan. The process is very easy and can move as quickly or slowly as you like. To get some preliminary figures, we simply need a few bits of information about you and your property. Don’t worry! At this point, you will not need to have your taxes, bank statements, or paystubs handy. We just need some rough numbers to help put together some approximate figures. If you like these preliminary figures, I can help you locate and gather your financial so we can create more precise figures and help you move forward.

Before we start maybe you could tell us briefly what you were looking to accomplish with your refinance. Some popular options include: Please Check All that apply.

Utilizing some unused home equity to help pay off debts and consolidate bills, to help fund future investments, for home improvement, or for other reasons (divorce, separation, spousal buyouts etc.).

Changing your loan term from say 30 years to 10,15,20 or 25 so you can pay off the loan faster and save on interest.

Changing your loan term from say 10 or 15, to 20,25, or 30 to help lower your monthly payment.

Lowering your interest rate to help lower your monthly payment, while not taking any cash out.

Lowering your interest rate, & taking cash, while keeping the term.

Lowering your interest rate, taking cash out, and lowering the term.

Optimizing your monthly payment, while taking cash out, &/or changing your loan term.

**All refinances regardless of whether they are a cash out or rate term type allow you the opportunity to: retain your mortgage payment on your old loan for the month of closing plus skip the next month’s payment on the new loan, receive an escrow refund for the current balance of your escrow account, and allow you up to $2,000 cash back.