Northeast Funding Services

Where What's Best For You Matters Most

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      • VA Loans: 10 Things To Know About The 100% Mortgage Program
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      • VA Loans: 10 Things To Know About The 100% Mortgage Program
      • 5 things to know about getting a VA loan
      • VA Home Loans: A Benefit You’ve Earned
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Refinance

Today, refinancing your current mortgage is easier than ever. If you thought refinancing meant getting completely lost under mounds of paperwork, think again. We can make your workload lighter and worry free by reducing your interest rate and your monthly payment. Let our team of professionals help guide you to the best refinancing loan that is currently available.

The rules of refinancing have changed over the years, as have the interest rates. There are a number of benefits to refinancing that can make it worth your while.

For instance, when you refinance you could actually lower your interest rate and your current payment. The built-up equity you’ve acquired on your home over the years can be “cashed out” for home improvements, consolidating debts, college, etc.

When refinancing, you’re responsible for similar fees like the ones you’ve paid with your original mortgage. Such as settlement costs, underwriting, title insurance and so on.

A penalty may be incurred if you refinance your current mortgage too quickly. Of course, this depends on the terms of your existing mortgage. In some states, these sort of penalties are illegal. Most of the time they apply only for the first year or so. Northeast Funding Services can help you determine this.

You are able to pay points to get a more reasonable interest rate. This can help you with a possible significant savings. The IRS allows you limited deductions per year, unless the refinance loan is for home improvements. Speaking to your tax professional before deducting points for your federal income taxes would be beneficial at this time.

Northeast Funding Services can help you determine the complexities that refinancing might have on your taxes.

 

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Purchase Pre-Qualify

Keep the dream alive by getting pre-qualified before you start looking for a home.

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VA Home Loans

100% Financing may be an option if you're a United States Veteran, Service Member, or not remarried spouse.

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Refinance / Debt Consolidation

Using the equity in your home to payoff other bills or needs is a great option.

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Reverse Mortgages

Stop fighting to stay afloat. Use the reverse mortgage to give you quality of life and eliminate your mortgage payment and other bills.

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Recent Posts

VA home loans for United States veterans offered by Northeast Funding Services

VA Loans: 10 Things To Know About The 100% Mortgage Program

VA Home Loans: A Benefit You’ve Earned

Reverse mortgage loans are provided by Northeast Funding Services

Reverse Mortgage Counseling

Reverse mortgage loans are provided by Northeast Funding Services

Are there different types of reverse mortgages?

About Us

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Purchase / Pre-Qualify

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Refinance

  • Cash Out Refinance
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  • No Cash-out Rate & Term
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Contact Us

New York

125 Wolf Road
Suite 217
Albany, NY 12205

518-782-1855

Email Us

South Carolina

638 E. Point Dr
Gilbert, SC 29054

803-239-4848

Registered Mortgage Broker New York Department of Financial Services, and South Carolina Department of Consumer Affairs NMLS ID#46813. Loans provided through third party providers.

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