Uncategories Interested In Refinancing? Save 💰💰💰 By Comparing Quotes From Multiple Lenders

Interested In Refinancing? Save 💰💰💰 By Comparing Quotes From Multiple Lenders

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The Mortgage Reports
Refi Lenders
Refinancing is a way to get a new mortgage with terms that work better for you. Your new lender will pay off your previous home loan completely, allowing the new loan with improved terms to take its place.

Refinances can be used to:
Reduce a homeowner's monthly mortgage payment
Take cash out for home improvements
Cancel mortgage insurance premiums, among other uses

If you're interested in refinancing, it's important to shop around. Here's a list of our featured refinance lenders to help you find a low rate. 
 
Compare Lenders
FHA vs. USDA
USDA and FHA are two excellent loan options. Either one can get you into a house with few out-of-pocket costs and a low-interest rate. USDA loans allow zero down payment, but there are location and income restrictions to qualify. FHA loans are more flexible about income, credit, and location, but have higher upfront costs. Luckily, there's an easy way to choose. Just ask your lender about USDA loans and FHA loans.
 
First Time Homebuyer

Today's rates for a 30-year, fixed-rate FHA loan start at 2.75% (3.73% APR), according to The Mortgage Reports' daily rate survey. Thanks to their government backing, FHA mortgage rates are competitive even for lower-credit borrowers. But interest rates can vary a lot from one lender to the next, so be sure to shop around for your best offer.
 
Request Rates
*Source: Freddie Mac
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