Refinance Products offered by Lendability.com
Decide for yourself what refinance product is best for you.
Is it time to refinance your home mortgage for a better rate? At Lendability.com, our team consists of mortgage advisors willing to work with you to find the best solution for refinancing your home. We provide you with a wide array of options to choose from and guide you to the loan that best suits your individual situation. By using only reputable lenders that can offer you ideal solutions, we make sure your interests are protected every step of the way. From your initial call to the final decision, we are there for you.
It is important to ask yourself what it is you want when you refinance your mortgage loan. Whether you are refinancing to find a lower interest rate or you need to find some extra money during these financially trying times, we will find the right refinancing loan for you. Lendability.com has the resources and experience necessary to make it happen. To refinance your home to a lower mortgage rate, contact us today at 1-877-55-ABILITY to see what we can do for you.
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Refinance Products Select from the products below. |
What you want in your mortgage | Fixed Rate Option? |
+ Advantages | - Disadvantages |
| We do not offer, nor do we believe in Negative Amoritization loans! | ||||
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Standard 30 Year Fixed Rate The loan your Mom and Dad had. No bells, No whistles! Also avaible in 10,15,20,25,40 year terms. |
A fixed rate with little worries |  |
Security of knowing your rate can't change | Does not always offer the lowest payment |
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Jumbo Loans Bigger loan amounts that are privately insured. |
A loan amount of 417,000 or above | |
No mortgage insurance Competitive rates |
Max loan to value of 80% Underwriting is very stringent |
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FHAbility A Government insured loan |
Low rates available even if you have less than perfect credit or high loan to value | |
Credit/Equity doesn't affect your rate | Government insured loans require Mortgage Insurance |
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Adjustable Rate Mortgage (ARM) This product has received a negative reputation in recent times. Much of it unwarranted. |
The lowest possible payments while still paying down your principal balance | Afford a bigger mortgage with same or lower payment. Perfect for anyone not planning to be in home for a long time | Rate adjusts after 3,5,7, or 10 years Most people choose to refinance after the rate changes |
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Debt Consolidation / Cash Out Loans Get rid of high interest credit cards |
Usually a long term loan that gets borrowers out of high interest rate debt | |
Gets you out of debt Improves Credit Score |
This is almost always a good idea and doesn't have many disadvantages |
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Interest Only Options Can lower your payment even more! |
The lowest possible payment regardless if your rate is fixed or adjustable | |
Good for homeowners with equity Great if you don't plan on being in the home long! |
Your principal will never be paid down. You will always owe the same amount on your mortgage |
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Say Goodbye to PMI Loan SGP Program |
No Mortgage Insurance even over 80% LTV! | |
Avoids PMI. Easier to qualify in certain cases than loans with PMI. | Typically comes with a higher rate than loans that have PMI. |
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DU Refi Plus A Fannie Mae to Fannie Mae refinance with no cash out |
A low fixed rate even if you have little to no equity | |
Up to 105% LTV Low rates |
No Interest Only Cannot payoff subordinate financing |
If you would like to speak with a Lendability.com qualified advisor please call 1.877.552.2454
