Always get great service, with Admiral Home Mortgage at the wheel. We are truly passionate about our profession, and the result is that nearly 100% of our business is by referral from satisfied clients, trusted financial advisors and the most experienced realtors. Our mission is to carefully guide you through the entire home loan process, so that you feel confident as you make choices about the many options available for your financing strategy.
With many years and a wide range of experience in the mortgage industry, our dedicated team stands ready to assist each and every step of the way. We understand that it's not just a house, it's your home. Your home is one of the largest financial commitments that you will make during your life, and many people view that as meaning just another monthly payment.
With many years and a wide range of experience in the mortgage industry, our dedicated team stands ready to assist each and every step of the way. We understand that it's not just a house, it's your home. Your home is one of the largest financial commitments that you will make during your life, and many people view that as meaning just another monthly payment.
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Refinancing is often used to lower your interest rate. If rates have dropped since you last financed your home, you may want to consider refinancing. Other common reasons to refinance include paying off a balloon payment, converting an adjustable rate loan to a fixed rate loan or to extract cash equity in your home (cash out).
Cashing out refers to the refinancing of a loan where the borrowers will borrow money on their own home. If a home is appraised at $100,000 and the borrower's outstanding mortgage loan is $60,000, it is possible to enter into an 80% cash-out refinance transaction for a loan of $80,000 (80% of $100,000).
This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs.
If you're like most people, purchasing a home is probably one of the biggest investments you'll ever make in your lifetime. If you're considering buying a home, you're likely aware of the complexity of the endeavor. Because of the numerous factors to consider when purchasing a home, it's important to prepare as best you can.
To apply for a loan, you will have to provide the lender with detailed documentation of your financial history. The lender will request a credit report from a credit agency and will verify the information provided in your loan application. Evidence of any other assets such as bonds, stocks, or money saved in retirement programs i.e.
Reviews (3)
Julie Lanford
Jun 01, 2021
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James B.
Feb 25, 2021
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Heidi Schulz
Feb 03, 2021
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This company should not be trusted with your private info, nor will they answer your emails or phone calls. I was ignored for 2 weeks mid-loan before Fred pfeifer managed to email me back . The loan was not going to go thru on my end bc of a forbearance that I am current still in but I didn’t know this until the very end of the process. I would have loved to have a better loan officer who gave me the time of day and asked the appropriate questions from the start as to not waste my time and energy.
