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Refinancing Basics

Refinancing is the process of paying off an existing loan with a new one. Some people refinance to take advantage of a lower interest rate, which lowers the monthly payment. Others refinance in order to cash out some of the equity in their home.Refinancing might also make sense if you want to change the type of loan; for example, if you have an adjustable-rate mortgage (ARM) and interest rates rise, you may want to refinance with a fixed-rate loan.
We can tell you more about the various refinance options available to you.


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PA loan correspondent license #22679; Alabama Consumer Credit License #20723; Georgia Annual Mortgage Lender License #23455; #21289; Connecticut First Mortgage Correspondent Lender/Broker #21288; Delaware Chapter 21 Mortgage Loan Broker License #010629; New Jersey Licensed Lender #L060502; PA Licensed Lender #34628; Maryland Mortgage Lenders License #18461; Virginia Mortgage Broker License #MB-4315; FHA Approved Lender ID #28106-0000-8; NY Corespondent RMB-207450

This website is not intended for New York consumers. If you are a New York consumer looking to obtain a mortgage loan you may visit www.absolutemoney.com.

Absolute Home Mortgage Corporation NMLS #176743 Connecticut Mortgage Lender License #ML-174743, District of Columbia Mortgage Dual Authority License#MLB176743, Florida Office of Financial Regulation License #MLD424, Maryland Division of Financial Regulation License #06-19958, Licensed by the New Jersey Department of Banking and Insurance, License #9826392, New York Mortgage Broker Registration # A005639, Licensed by the Pennsylvania Department of Banking, License #34628

Absolute Home Mortgage Corp. 279 Browertown Road, Suite 105 W Paterson, NJ 07424
Phone: 1-855-888-2462 Toll Free: 1-855-888-AHMC E-mail: customer.service@ahmcloans.com

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