YOU MIGHT BE SURPRISED:

I’m Andrew Hahn a Colorado mortgage broker located in Commerce City Colorado on the north edge of Denver who specializes in Colorado refinancing.

Even in this market there are a couple loan programs that could to help you.  First these programs are either Fannie Mae or Freddie Mac loan programs that are designed to replace an existing loan that is already owned by them.  So the first and most important bit of information you need to know is who owns your loan.  The company you make your loan payment to is a servicer not necessarily the entity that owns your loan. The easiest way to find out who owns your loan is to call me and I’ll help or call the servicer and ask them if your loan is owned by Fannie Mae or Freddie Mac, if your loan IS owned by one of these agencies your one step closer to being able to take advantage of today’s low rates.  If your loan isn’t then at this time there is no loan program that allows you to refinance at the Loan to Values that the programs I’m going to talk about do. These programs take into consideration the declines in property Value and let you refinance at up to 125% Loan to value. This means that if your loan is $312,500.00 and NOW because of the declining market you property only well appraise at $250,000.00 you can still refinance your loan at today’s rates.  There are interest rate adjustments but rates are still pretty darn good. The best way to figure out if this loan program can save you money is to email me or give me a call and we can run some comparisons to see if this works for you.  This loan program can extremely helpful if you want to change from an ARM type loan or from an interest only loan and replace it with a new 30 fixed rate loan.  This program allows for up to 125% loan to value on the first mortgage. Even if you have a second mortgage you can still refinance with the condition the second mortgage subordinates to the new first mortgage. If you want help to see if you can qualify for these loan programs, contact me and I’ll help you. I’ll help you find out if your loan is eligible for this program and run loan comparisons to evaluate the benefit’s. If you would like you can CLICK HERE and go to my website and fill out a secure loan application and I can start working on it right away.

This is a great program don’t miss out.

Have a great day

Andrew Hahn