Hollywood Refinance

apply-now-today

Hollywood FL home owners have been the hardest hit during the economic down turn of this decade. A bunch of homeowners have been forced into foreclosure, and if proper steps are not taken, more foreclosure will follow. If you are challenged with mortgage payments and fear foreclosure, First Nationwide Lending can assist you in the right direction so that you can refinance your Hollywood mortgage.

What is Hollywood Refinancing?

Most home owners make false assumptions that refinancing means reworking their existing Hollywood loan, however, refinancing encompasses obtaining a new mortgage to pay off the old loan, with refinancing you are able to obtain new and more favorable terms.

Added Benefits of a Hollywood Refinance Mortgage

•  Getting lower rates means, lower monthly home loan payments.
•  Reduce your mortgage term, allowing you to pay your home loan quicker, enabling you to save money on interest expenses
•  Lengthen your home loan term to disburse your payments across a larger time frame, easing your financial stress
•  Refinancing for a higher home loan amount and gain funds for renovation, kids college or other miscellaneous expenses

At what point you contemplate a Hollywood mortgage refinance?

Refinancing your current mortgage can be helpful but to fully gain its advantages it must be timed correctly. If you come across a fixed mortgage on your Hollywood home and the ongoing rates have fallen below your current mortgage rate. It could be an advantageous time to refinance. In addition, if you are less than 10 years into a 30 year mortgage and the interest rate are below what you’re paying now, then you will gain from Hollywood FL refinancing.

Refinancing your mortgage can be a tricky proposition but with the assistance of First Nationwide Lending you can determine what may be the best plan of action with respect to your existing Hollywood FL mortgage. For consultation and guidance regarding refinancing please contact First Nationwide Lending at (877) 442-4023 or complete a rate quote form to get pre-qualified.

 

Contact Us

map

1990 Main Street, Suite 750
Sarasota, FL 34236
Phone: (941) 256-3729
Toll Free: (877) 442-4023

Latest News