September 21st, 2018


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.

Torise Wooldridge

We were feeling the weight of living in an apartment paying higher and higher rent prices every year. We had intended to speak with a loan officer or broker to determine where we stood in terms of buying a house. We thought it would take at least another year before we would be in a position to move forward with this type of purchase. After speaking with Tanisha Broadway and reviewing our background she determined we per-qualified for a home in the price range that we were comfortable in for a monthly rate that worked for our budget. As the excitement grew and we began feeling like the Jefferson's moving on up, we began our house search. Through this process and doing research we had many questions along the way. Tanisha was always there to answer night and day. Buying a home is one of the toughest things I've ever done but Tanisha walked us through to the finish line giving us the confidence needed to complete the journey. This is a big step in life but we are in our new home and are VERY happy with our purchase as we work to start our family. I highly recommend Tanisha to any home buyer. I seriously advise folks who are out there working hard and have a decent income but aren't sure of where they stand in buying a home to reach out to Tanisha. For first time home buyers, you may be really surprised at what is available to you. Tanisha will help to assist you here as ever case may be a little different but she is a rock. Thank you again, Tanisha!


Amy Sanderson

Honestly I don't know what we would have done without Jason's help. He explained/taught us about various first time home buyer options that we otherwise had no idea about. He consistently was trying to find us the absolute best interest rate, and share recommendations for how to increase our credit score so our mortgage insurance could be less per month. We never felt overwhelmed or confused, he always made sure that we had all the information we needed. I never realized how straightforward and easy this process could be- I'm sure it's because of how efficient and knowledgeable Jason and his team are. Throughout the entire process, he was incredibly responsive to texts/calls, patient with any question asked- it's obvious that he genuinely cares about what he does. And knows so much about it! On top of that, every person we were in touch with through the approval process was also incredibly friendly and helpful. I couldn't recommend Jason more, and I surely will whenever any friends or family are ready to buy a home. Thank you Jason for everything you do!!


Dan W

Jason Mata and the APM team were extremely professional, attentive, and informative. Jason was wonderful in explaining the home loan financing process from start to finish, and was patient in addressing all of our questions and concerns. His customer service is top rated, and he was warm, personable, enthusiastic, and supportive. He was easily reachable and extremely quick to respond to any needs or questions that arose. The value added services Jason provided are not things that can be easily quantified but were extremely valuable, including his responsiveness and initiative in following up with the seller's side to help bolster our financial case, and his close coordination with our realtor in getting everything in order and successfully taken care of. The bottom line: Jason and his team got things done. Thank you!


Lewis Colin

American Pacific Mortgage Corporation, is available, knowledgeable and helpful. I have used John more than five times and have been satisfied every time. He has taken time to educate me, he is always willing to help and he is available. Even if all I am doing is researching he is my litmus test by which I can make a more informed decision. I highly recommend his services.



Jason was fantastic! He went over all my options and helped me choose the right product for my situation. He was quick to respond every time I had a question and I felt like he was with me every step of the way. He even helped me close earlier than expected! I would definitely recommend Jason and I will use him again for any future home purchases. I highly recommend Jason and his team!


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...


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...


Skye L.

Jeremy made the whole process of buying a home so simple! My wife and I decided to buy our first home while I was 8 months pregnant! Everyone told us that...


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!


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.


Qualifying For A Jumbo Mortgage Most people who purchase a home meet the limits set forth by Fannie Mae and Freddie Mac. These two institutions are government-sponsored and work to guarantee mortgage loans up to a certain amount. Typically, the threshold is slightly more than...
Jumbo Loans: What You Need to Know - NerdWallet Searching for a home in a hot real estate market? We can help.
If you’re shopping for an expensive home or searching in a hot real estate market, you may find that the amount you need to borrow exceeds the ...
Get a Quote | Positive Lending in Sacramento, CA Interested in purchasing or refinancing? Get a quote!
© American Pacific Mortgage Corporation. All information contained herein is for informational purposes only and, while every effort has been made to insure accuracy, no guarantee is expressed or implied. Any programs ...
What May Make This Winter the Best Time to Buy Dashing through the snow, with home loans for your needs.
Low home prices, reduced competition, and competitive interest rates will make the winter of 2018, for many people, the right time to pull the trigger on buying a home.
What Does A Credit Score Mean for Your Home Loan?
Why You Should Buy A Home in October If you live in Sacramento, CA, and you’re thinking about purchasing a home—either for the first time, or as an upgrade—you’re probably concerned more about where your home is located.
However, if you want to be smart with one...
A Beginners Guide to Mortgage Refinancing For most people who live in Sacramento, CA, the big challenge is getting a mortgage in order to buy a home, with the belief that once you’ve accomplished this, it’s smooth sailing. However, the road to paying off a mortgage ...
Qualifying For A Jumbo Mortgage :: Mortgage Most people who purchase a home meet the limits set forth by Fannie Mae and Freddie Mac. These two institutions are government-sponsored and work to...
Jeremy Williams - Positive Lending shared a link.
Home Mortgage Loans in the Sacramento, CA Area | Positive Lending Discover your loan options with Positive Lending.
A mortgage that is insured by the Federal Housing Administration (FHA). FHA loans allow for down payments as low as 3.5% and lower credit scores than most conventional loans.
Discover your loan options with Positive Lending.
Tips For The First-Time Homebuyer :: Mortgage Purchasing your first home could be an overwhelming experience. The process of buying a home exposes you to a financial experience that can be...
Jeremy Williams - Positive Lending shared a link.
3 Reasons to Buy A Home in the Fall Residents of Sacramento, CA, who are thinking of making the big leap to buy a home are always looking for ways to ensure that this investment is a sound one. One way to do this is to look at the ...
Tips For The First-Time Homebuyer Purchasing your first home could be an overwhelming experience. The process of buying a home exposes you to a financial experience that can be intimidating. To ensure that the process of buying a home goes smoothly, first-time homebuyers should do...
We make it easy to find the right home loan for your needs.

Get a quote now:

Load More