If you are looking at a higher mortgage payment in the near future due to an Adjustable Rate Mortgage or a loan ending with a balloon payment – it’s time that you refinanced into a more attractive loan option. We have your solution to keep your mortgage payment from rising.
An Adjustable Rate Mortgage (ARM) is a solid tool for minimizing the amount of money you pay for a loan for a small period of time. ARMs are typically issued in 1/1, 3/1 and 5/1 increment where the rate is fixed for a set period of years and they the rate may be adjusted each year based on a benchmark.
You may have moved into your current home and planned only to be in it for a few years. IT make sense that you would want to lower you cost each month as well. What we are seeing in the past few years is that more people have just stayed put. If you are settled into your home with no plans to move and you are nearing the end of the fixed rate period or want to avoid further adjustments – let Boardwalk Lending help you find you next mortgage solution.
Choose Boardwalk Lending for your Mortgage
- Boardwalk Lending does this every day. We’ve been serving the St. Louis and Kansas City areas for 10 years. Our Mortgage Specialists average over 8.5 years of experience in matching buyers with the right Mortgages. We’ve successfully helped countless people purchase their Vacation Homes and will do the same for you. Get qualified now!