September 21st, 2018

Finance

Homeownership is, for millions of people, a true part of the American dream. Buying one of the many homes for sale is something that thousands will consider doing this year. The market is strong, with a lot of variety in terms of what homes are available. And, best of all, today's mortgages are more affordable and beneficial than ever before.

But what about those who already have a home and a mortgage? For these individuals, taking the time to go through the process of refinancing a mortgage may be well worth doing.

Refinancing Basics

Refinancing is just what it sounds like - taking out a new loan to replace your existing one. Essentially, your refinanced loan will pay off the principle owed on your current one and become the new loan that you pay on a monthly basis. Already, Americans have a total of $9.9 trillion in mortgage debt, and a refinance could be one of the best ways to ease the burden of a mortgage.

Top Reasons To Consider Refinancing Your Mortgage

Interestingly, mortgage refinances have fallen to their lowest point in 10 years recently. This is due largely to rising interest rates, but the fact remains that for many, refinancing could offer very real benefits that are worth considering. If you're unsure of whether or not you should refinance your home, looking at some of these benefits may help you make up your mind.

Lower Interest Rates

Despite the fact that interest rates have increased a small bit over the last year, refinancing could help you secure an interest rate much lower than you currently have. Even landing a rate that is 1% lower than your current one could help cut your monthly mortgage bill by a large margin and give you more extra cash in your wallet.

Build Equity

Changing from a 30 year loan to a 15 or 20 year loan structure could make it easier to build up equity in your home and save a large amount of money over the course of the loan.

Use Your Equity

If you already have built up equity, you can refinance to take advantage of that equity. Whether it's paying off credit card accounts or sending a child to college, refinancing could make it easier to pay off your bills by giving you a large influx of cash.

Credit Score Changes

If your credit score has changed dramatically, you may be able to secure a totally different loan with better terms. This can include interest rates, monthly fees, terms, and more.

Change Your Program

If you began your mortgage with an Adjustable Rate Mortgage, or ARM for short, you can use the refinance to secure a more stable fixed rate mortgage. This is excellent for those who aren't selling their home but prefer to remain in it since it gives them better stability.

Getting Started

If you're ready to refinance your home, local help is here to help make it happen. Contact a mortgage expert today.

AP Mortgage

980 9th Street Suite 1780, Sacramento, CA 95814 707-592-1732
At AP Mortgage, they embrace the concept of ownership with enthusiasm and optimism for the future of housing in America. As individuals, every employee at American Pacific Mortgage takes personal ownership in the process of originating home loans that will make your dream of ownership a reality.

Wolf Eclipsed-03

Jason Mata with American Pacific Mortgage is amazing, excellent customer service and excellent team, all super friendly and easy to work with willing to help. Me and my wife met with him at his Davis office and within 20-30 minutes, we were approved! I had been working with another broker that just wasted our time, pulled our credit report twice to later tell us we were not approved. I truly wish we had gone to Jason Mata in the first place but we are glad we met with him to help us purchase our house. I only spoke with Jason during the application process and then when he called me to tell us. How are you? Hey! You are going to be home owner today! Your realtor will be in touch to make arrangements and give you your keys. We rate Jason five stars because is the highest but with my own words here I am rating him ten starts. I have already referred Jason Mata to some friends and relatives and will not recommend anyone else but Jason.

07-30-2019

Rachel Melnick

Jason was amazing! As first time home buyers, we were uncertain about what would be the best options for us (or if we even wanted to buy a home). Jason walked us through the process by being informative, never pushy and by helping us find loan options we didn't even know we qualified for. He was also always available whether it was an evening text or weekend call. We're now ecstatic in our home that closed in 22 days with his assistance. Thanks Jason!

04-26-2019

Denise Stratt

Jason and his team were simply amazing. If you are looking for a loan officer that is an expert within the housing industry, has a responsive professional staff, and is solution oriented then Jason and staff is for you. I cannot say thank you enough for walking me through this major purchase and explaining to me in detail all my financing options. I hope I meet you and your staff in person someday, you are all phenomenal.

04-25-2019

Don Murray

Jason and the American Pacific Mortgage team did an amazing job. I’m a first time homebuyer with ok credit. I was working with another lender for about a month on a $0 down loan. After we found a house and put in an offer, I was told that I would need to come up with $16,000. Luckily my amazing realtor, Nicole Weber, suggested I contact Jason at American Pacific Mortgage. Jason took all my information and quickly got me qualified for 3 loans, helping me get in with very little upfront capitol. Buying a home can be very stressful and frightening. The American Pacific Mortgage team really came together, functioning like a well-oiled machine. They not only were able to get my loan processed quickly, they stayed in constant contact with me, answering all my questions and providing me with a stress-free purchasing process. If you are thinking of purchasing a new house, I would recommend contacting American Pacific Mortgage for your loan. They will truly help take out all the tension normally felt during the purchasing process. I guarantee the only nervousness you will feel, is the joyful nervousness of stepping into your new home.

06-12-2019

Just Listen

Let me TELL YOU!!!! This has been one of the MOST STRESSFUL EVENTS IN MY LIFE!!! If it weren't for Jason & His Team I would have GIVEN UP!! Our Home buying process was dragged out for MONTHS! JASON'S TEAM was there EVERY STEP OF THE WAY!! 1st of All HE got us Approved Without Perfect credit. (I'm telling y'all what I read reviews looking for). Now we are in California its expensive as Sh!+. I'm in education my husband in Law enforcement. Jason & his team worked to get us a loan that required NO DOWN PAYMENT! Granted we still had to provide some "earnest money " but If Its Out there JASON'S & HIS TEAM WILL FIND IT!! He Answers Late Calls & is Always there to hold your hand Every Step of the Way!! We're First time home buyers & a HUGE part of that has to do with JASON & HIS TEAM!! HE even told us what to fix (credit wise) to quality! It was Quick Fixes (like pay this card to this amount ") Your Scariest part is Making the Call! DO IT NOW! B/c NO MATTER THE SITUATION HE WILL GET YOU IN A HOUSE!! (at a great Locked Rate) CALL HIM Today...Call him NOW!! N👏🏽O👏🏽W 👏🏽!!

05-17-2019

Misty W.

Jeremy was extremely helpful with the loan for our first home. He communicated every step of the way and was really easy to work with, which made the buying...

2018-03-20

Desiree S.

Jeremy was so calm and supportive and gave me direction every step of the way! Even when I was anxious out of my mind throughout the whole process. He kept...

2018-06-17

Adrian N.

Jeremy was with Brianna and I every step of the way. Any questions we ran into we're quickly answered in great detail. When we ran into an issue with...

2018-04-19

Carina Kool

Jeremy was a pleasure to work with. He was very responsive to all of our inquires. We highly recommend him to anyone looking to purchase a home or to refinance their home.

2019-07-24

Melanie Jordan

Jeremy was really great to work with! He was very responsive to all of my requests and made the entire loan process very easy to understand. I highly recommend Jeremy to anyone looking to buy or refinance!

2018-01-09

Dustin Dravland Robinson

If you don’t think you can afford to own your own home or if you want the best pricing/terms on the purchase of an investment property, talk to Jeremy! Jeremy has amazingly innovative lending structures to help just about anyone (and anywhere) get onto the home ownership ladder and get off the rental circuit. I highly recommend Jeremy as a lender after he has consistently helped many of my clients get pre-approved and find their dream home after they never thought it was possible. Call/Text/Email Jeremy today! Sincerely, Dustin Dravland Robinson, Realtor who has sold over 100+ homes with over a decade of experience in California real estate.

2017-12-27

When you're ready to become a first time home buyer, we are here to help you through the entire process. Contact us… https://t.co/KgYiNFNXQH
Interest rates are near historic lows! Don't miss out on your opportunity to gain irresistible perks with a VA mort… https://t.co/1cQwvJfj11
4 Perks Of A VA Mortgage Refinance | Bankrate.com Interest rates are near historic lows! Don't miss out on your opportunity to gain irresistible perks with a VA mortgage refinance option.
Attention veterans: With interest rates this low, now’s the time to cut your mortgage payments.
Interest rates are near historic lows! Don't miss out on your opportunity to gain irresistible perks with a #VA… https://t.co/yPYQwQNsjf
Getting Mortgages For The Self-Employed :: Mortgage Homeownership is, for many, the great American dream, but it’s also one of the most expensive that most of us will ever have in our lives. So...
Jeremy Williams - Professional Mortgage Associates shared a link.
Getting ready to buy your first home? Check out these tips first Getting ready to buy your first home? Check out these tips first!
Time-tested advice for prospective homebuyers from an expert real estate agent.
Top 5 Reasons This Summer Is The Time To Buy A Home With summer here in Sacramento, CA you may be thinking of enjoying the weather and taking advantage of the season with a well-earned vacation, but there’s something else you might want to think about doing, and that’s to start looking...
Getting ready to buy your first home? Check out these tips first!

https://t.co/LT6Vziv4gm
Learn more about the factors that impact your mortgage. Contact us today for a FREE consultation.

https://t.co/OL5dcWn9gK
Important Mortgage Tips For First-Time Buyers When you're ready to become a first time home buyer, we are here to help you through the entire process. Contact us today!
Finding that first home is stressful. Then securing the right mortgage for today and the future can ...
Top 5 Reasons This Summer Is The Time To Buy A Home :: Home Buying With summer here in Sacramento, CA you may be thinking of enjoying the weather and taking advantage of the season with a well-earned vacation, but...
Jeremy Williams - Professional Mortgage Associates shared a link.
4 Factors That Impact The Interest Rate On Your Mortgage Learn more about the factors that impact your mortgage. Contact us today for a FREE consultation.
It's about more than just your credit score.
4 Reasons To Buy A Home This Summer If you’re living in Sacramento, CA and you’re wondering whether now is the time to look into buying a home, the answer is probably “yes.” It doesn’t matter whether you’re a first-time home-buyer that is tired of...
Preparing To Buy Your First Home After Marriage For a lot of Americans, even here in the Sacramento area, marriage is one of the biggest personal, emotional, and spiritual commitments we make in our lives. It’s a sign of willingness to commit to a lifelong partnership with one ...
Getting Mortgages For The Self-Employed Homeownership is, for many, the great American dream, but it’s also one of the most expensive that most of us will ever have in our lives. So it’s no surprise that for the vast majority of Americans, buying a home ...
Preparing To Buy Your First Home After Marriage https://t.co/M0S3niFQwI
Important Mortgage Tips For First-Time Buyers When you're ready to become a first time home buyer, we are here to help you through the entire process. Contact us today!
Finding that first home is stressful. Then securing the right mortgage for today and the future can ...
4 Factors That Impact The Interest Rate On Your Mortgage Learn more about the factors that impact your mortgage. Contact us today for a FREE consultation.
It's about more than just your credit score.
Learn more about the factors that impact your #mortgage Contact us today for a FREE consultation.

https://t.co/OL5dcW5xSa
Preparing To Buy Your First Home After Marriage :: Home Buying For a lot of Americans, even here in the Sacramento area, marriage is one of the biggest personal, emotional, and spiritual commitments we make in our...
Jeremy Williams - Professional Mortgage Associates shared a link.
4 Reasons To Buy A Home This Summer :: Home Buying If you’re living in Sacramento, CA and you’re wondering whether now is the time to look into buying a home, the answer is probably...
Jeremy Williams - Professional Mortgage Associates shared a link.
4 Perks Of A VA Mortgage Refinance | Bankrate.com Interest rates are near historic lows! Don't miss out on your opportunity to gain irresistible perks with a VA mortgage refinance option.
Attention veterans: With interest rates this low, now’s the time to cut your mortgage payments.
Positive Lending does not charge an application fee and we require you to pay your appraisal costs only at closing. Call us at 855-440-5626 to start your application!
Is An FHA Loan Right For You? :: FHA Loan For many people living in Sacramento, CA one of the hopes in life is to eventually become a homeowner, with a property to call your own, living in your...
Jeremy Williams - Professional Mortgage Associates shared a link.
Top 5 Reasons This Summer Is The Time To Buy A Home https://t.co/2VXA7Jn62z
When Millennials Are Ready To Buy, Here Is What They Need To Do :: Mortgage You may have heard the millennials are taking their sweet time before settling down to purchase a home. Some studies say that buying a home before the age...
Jeremy Williams - Professional Mortgage Associates shared a link.
Is An FHA Loan Right For You? For many people living in Sacramento, CA one of the hopes in life is to eventually become a homeowner, with a property to call your own, living in your own house, under your own rules, just like your parents before ...

Load More