Mortgage Terms

Whether you want to refinance your home to save money for other uses, or make your hard-earned home equity work hard for you, 1st Rate Mortgage, Inc. wants to help you find the right solution.

  • Refinancing — Get a new mortgage with better terms.
    By refinancing, you could shorten or lengthen your mortgage agreement, giving you the option of paying off your loan quickly or lowering your monthly payments — putting the savings toward reducing debt, home improvements or paying for life’s big expenses.
  • Home Equity Line of Credit — Consolidate debt or pay for life’s big expenses. With the right loan, you could save money by consolidating high-interest debt or paying for important expenses like a new kitchen or bath, a wedding or college tuition. Borrow against your home equity as you need it.

A home equity line of credit allows you to borrow against the equity in your home any time for purchases, car repairs, medical bills or unexpected expenses.

At 1st Rate Mortgage, Inc, we know that these options could be complicated and sometimes confusing. Our loan specialists are trained to listen to your needs and carefully assess your financial situation. Only then will we recommend a customized solution that makes sense for you.