It is no secret that the state of the current housing market is flat out terrible.  Many people that need to refinance are unable to do so because they owe more than their Las Vegas properties are worth.  There are still many homeowners that would like to refinance for a variety of reasons such as:

• Take advantage of historically low interest rates
• Position themselves better to ride out the stom with a fixed rate mortgage
• Pull cash out or consolidate debt

Because of the low interest rates now is a terrific time to refi as long as you can qualify.  If you are one of those Las Vegas homeowners that needs to refinance, I would keep a couple of things in mind going into the transaction:

• Expect the process to take a bit longer
• Make sure your credit is in shape
• Don't be shocked when your home comes in at a lower value than you expect
• Find an experienced Las Vegas Loan Officer

If you have any questions about your Las Vegas or Nevada Refinance feel free to contact me directly.

Your mortgage partner for life,