Best Refinance Mortgage Options for 2015

Mortgage and Lending with Lend Smart Mortgage NMLS#207208 NMLS 207208



Current Promotion:

Starboard Financial is currently running our special S.O.S. Promotion.  This promotion waives all of our processing and underwriting costs ($1,390 Savings) on all refinances for a limited time through 4/30/2015. All refinance products; including streamline, rate/term, and cash-out options are available. 

Streamline Options:

FHA Streamline:  FHA recently reduced their mortgage insurance premiums by about 40%.  Match this with recent interest rate reductions and our current promotion and you have one large savings. Oh did I mention that FHA streamlines do not require appraisals and the re-approval is a limited documentation loan? If your current mortgage rate is higher than 5%, call me as soon as you can to see if streamlining your mortgage will save you hundreds of dollars a month. 

VA IRRRL Streamline:  Do you have a VA loan but don’t want to pay all the refinance costs and go through an entire re-approval process?  If so, the VA IRRRL is right for you.  VA streamlines require no appraisals and the VA funding fee is a ½ point financed into the loan.  If you have a rate larger than 5% right now on your VA loan, you should call me to inquire into the VA IRRRL streamline and see how much it can save you. 

Rate/Term Refinance Options: 

Conventional Rate/Term Refinance:
Has your home rebounded in value over the last 5 years and you are still paying mortgage insurance? Well with our huge promotion, now might be the time to refinance your mortgage and get rid of that mortgage insurance. An appraisal and full documentation qualification is required, however your potential savings in mortgage insurance elimination alone could save you hundreds of dollars a month.   

30 to 15 Year Conversion Refinance:
With interest rates down and other possible savings, I have had some clients convert their 30 year mortgages into 15 year terms and cut the time to pay off their loan in half with minimal changes to their monthly payment. Again if you are above 4.5% on your current rate or are thinking about the 15 year, please give me a call to discuss this time saving jewel.
Cash Out Options:
Has your home come up in value and you are thinking of paying off debt or want to put in that dream pool for the summer? I have quite a few clients that are taking out equity and seeing little change in their monthly payment due to current rates. Call me so we can discuss. 
Basically there are hundreds of reasons to consider a refinance. I know of at least 1,390 reasons ($1,390 savings) today. With the current Starboard Financial S.O.S. Promotion, I wanted to make sure everyone has a chance to act fast before it runs out. 


Call me if you would like to discuss a refinance today!
Posted by

Gary Miljour, Licensed Mortgage Loan Originator: 







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Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

I believe we are in a window of opportunity to reduce our debt to the lowest possible terms. After this passes , rates will head upward , devastating those who did not prepare !

Mar 30, 2015 10:45 PM #1
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Gary Miljour

Mortgage Originator NMLS Licensed in AZ and NC
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