Refinancing your mortgage can help you save money, access home equity, or pay off your loan faster. At Graham Lending Expert, we simplify the process to ensure you get the best loan for your needs.

✅ Lower Your Interest Rate – Reduce your monthly payment and save over time.
✅ Cash-Out Equity – Tap into your home’s value for renovations, debt consolidation, or major expenses.
✅ Shorten Your Loan Term – Pay off your mortgage faster and save on interest.
✅ Switch Loan Types – Move from an adjustable-rate mortgage (ARM) to a fixed-rate loan for stability.
✅ Remove Private Mortgage Insurance (PMI) – If you have enough equity, you can eliminate PMI.

Before starting, ask yourself:
✔ Do I want a lower monthly payment?
✔ Am I looking for cash to cover expenses?
✔ Do I want to pay off my loan sooner?

• A higher credit score can help you qualify for better rates.
   
• Having at least 20% home equity may be required for certain loan types.
   

🔹 Rate-and-Term Refinance – Lower your interest rate or change your loan term.
🔹 Cash-Out Refinance – Access equity by borrowing more than your current loan balance.
🔹 FHA/VA Streamline Refinance – Quick, low-document refinance options for FHA or VA loans.

• Submit an application with your lender.
   
• Review different loan options and interest rates.
   

• Once you choose a lender and loan, you can lock your interest rate to avoid market fluctuations.
   

• You may need to provide:
  📄 Pay stubs & W-2s
  📄 Tax returns
  📄 Credit report
  📄 Home appraisal (if required)
   

• Review and sign the final loan documents.
   
• Your old loan is paid off, and the new loan takes effect.
   
• If cashing out, receive your funds within a few days after closing!
   

💬 How long does refinancing take?
📌 Typically, 30-45 days, but streamlined refinances may close faster.

💬 How much does refinancing cost?
📌 Closing costs typically range from 2% to 5% of the loan amount, but some options allow rolling costs into the loan.

💬 When is the best time to refinance?
📌 When interest rates drop, your credit score improves, or you want to tap into home equity.

At Graham Lending Expert, we’ll guide you through every step of the refinance process. Let’s see how much you can save!

📞 Call Us: 843-246-4997
📩 Email Us: cgraham@nexamortgage.com
🖥 Apply Online Here Now