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Is a Mortgage Refinance Worth It in Austin?

Is a Mortgage Refinance Worth It in Austin?

A mortgage refinance in Austin is taking one home loan and replacing it with another, by paying off the first. There are a lot of reasons to refinance, especially when rates are at historic lows. Homeowners can: get a lower interest rate, shorten their mortgage term, get rid of a risky adjustable rate mortgage, and use home equity to put cash in their pockets. But is a mortgage refinance worth it right now in Austin?

With rates at historic lows and home values rising rapidly. The answer is a huge YES.

Homeowners are currently sitting on trillions of dollars in unused equity, and home values have risen steadily, due to a shortage of available inventory in housing. There are thousands of homeowners who can give themselves a raise with a mortgage refinance in Austin right now.

A mortgage refinance in Austin comes in many forms.

A Cash-Out Refinance lets borrowers take the equity they have built in their home and turn it into cash. It can be used to pay off debt or make repairs or improvements to the house.

A Rate and Term Refinance can be used to shorten the length of the mortgage, allowing borrowers to save money on interest over the course of the loan.

Lowering mortgage interest rates with a mortgage refinance in Austin can save hundreds of dollars a month for homeowners. That can be a car payment or make all the difference when it comes to paying bills every month.

As an added bonus, every mortgage refinance that we close in Austin comes with two months off from making mortgage payments. Borrowers can really put some cash away in those two months, or use that time to get caught up on bills or just do something they love.

A mortgage refinance in Austin is worth it when interest rates are so low. Turning a mortgage that a borrower has from a few years ago with an interest rate in the 4’s or 5’s into a rate in the 2’s or 3’s is a huge difference in a borrower’s lifestyle.

Call the best mortgage lender in Texas, John Schutze’s Texas Loan Experts Team in Austin at (512) 775-6820 or visit JohnSchutze.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages and The Bank Statement Mortgage. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

John Schutze

John Schutze

John Schutze was born and raised in Austin, TX and graduated from Texas State University with a degree in finance. Beginning his career as a financial advisor, John has a unique perspective when it comes advising his clients on the best mortgage type for their financial plan. With almost 20yrs experience in the mortgage industry, John has helped over 1500 families purchase or refinance their home.

John Schutze

As one of the area’s top mortgage bankers for over 17 years, John Schutze considers his #1 goal to be providing a smooth and predictable mortgage experience for all involved. Named the 2017 Mortgage Professional of the Year by Austin Monthly, John has also been consistently selected for the Austin Business Journal Top Producer List.

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The John Schutze Team

CUSTOMER SERVICE
Our customer first approach to mortgages is what separates us from all of the other banks and mortgage companies. Our team will walk you through the process to ensure that your loan closes in a very timely manner. Our competition may think our philosophy on face-to-face customer service is excessive but our clients sure do appreciate it.

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Our team has set the standard in the mortgage industry. We hire only the best in the business. Our knowledge and experience is unmatched. We continue to train and study new mortgage loan programs to make us the best choice for mortgage refinancing and home purchases, debt consolidation, Conventional, FHA, HARP, VA, and Jumbo Loans available.

BETTER HOME LOANS WITH LOWER MORTGAGE RATES
We provide you with several different mortgage loan options to ensure that you find the mortgage loan program that best fits your needs. Because of the volume of mortgage loans our team closes and the great relationships we have forged within our industry, we’re able to offer the most competitive mortgage interest rates to our clients.

WE ARE MORTGAGE LENDERS, NOT MORTGAGE BROKERS
As a direct mortgage lender, our process has been streamlined from start to finish. Having the entire mortgage loan process contained under one roof allows us to quickly and efficiently close your loan. Our ability to use the newest mortgage loan products and underwrite our own files, allows us to approve loans that our competitors can’t.