Wendy Morris Presents:
The Florida Dream
Wendy Morris Realty
Dr Phillips Luxury Real Estate
407 575 5392
Call Today!

Listing Search

REFINANCE | 32819 | 32836 | Dr Phillips

NEXT
PREV

Refinance

Owners, this is the best time to have very good credit. Most importantly weigh the options and do the math based on your current interest rate. It all depends on your goal. Do you plan on staying in your home for at least 4-7 years is the first question? Again I emphasize how much longer do you plan to be in the home to make this worth it? Consider shortening the length of the loan from 30 year fixed to a 15 year fixed.

However you still must qualify for the loan under these conditions. Lenders take in consideration the equity you have in your home, of course your income and debt to income ratio. If not enough equity at least 20% you can cash out and refinance for home improvements and or pay off bills. this cash out can help lower debt and free up funds. Pro's are lower monthly payments and more cash flow. Another benefit is that you are in a position with your mortgage to receive equity as long as the housing market incline.  

The Con's are more interest paid over life of loan and takes longer to gain equity. your 30 year or 15 year clock starts over to start paying your mortgage. Remember refinance rates are different from purchase rates. 

PURPOSE 

The purpose of refinancing is to reduce your monthly mortgage payment and save on overall interest in the long run. CLICK HERE FOR HOME EQUITY INFO

SHOP AROUND

Many lenders are competing with each other for your valued business. The ideal scenario is to come out of pocket with no money and no payment in two months. I suggest you start with your current lender. Mortgage rates change all the time which is driven by the economy, such This is because they already have you loan and current information.

Right now as of April 9th, 2021 mortgage interest rates for a 30yr FHA fixed loan is 2.88%, jumbo loan is 3.11%. Contact me today to put you in touch with the right lender. As your trusted advisor and professional realtor you can contact me today at 850 496-6412. Also Facebook Kevin Sells Florida and Kevin Selling Florida. Serving Dr Phillips and Central Florida.Click here to learn more about Kevin Strawter /ABOUT-KEVIN-STRAWTER-P-A---MRP--GRI--ABR-6-14330.html


  • REFINANCE | 32819 | 32836 | Dr Phillips
  • REFINANCE | 32819 | 32836 | Dr Phillips
  • REFINANCE | 32819 | 32836 | Dr Phillips

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 1/30/23 6:41 AM) |
Featured Listings
Orlando Real Estate
$235,000
2 BED
2.5 BATH
DR PHILLIPS AREA Prime Location! MARBELLA AT UNIVERSAL FOR SALE! TLC SPECIAL: You need to bring your personal touch to m... Read More
Orlando Real Estate
$950,000
6 BED
5 BATH
Exceptional Dr Phillips home in the gated community of Kensington Park with a heated POOL & SPA in your private backyard... Read More
Orlando Real Estate
$424,900
3 BED
2 BATH
MULTIPLE OFFERS, HIGHEST & BEST BY 6PM SUNDAY, JAN. 29TH. Move-in Ready in a Fantastic Location, bordering Windermere... Read More
Orlando Real Estate
$1,250,000
5 BED
4 BATH
Classic Bay Hill home has now hit the market. This 5 bedroom 4 bathroom modern farmhouse style home in one of Orlando's ... Read More
Orlando Real Estate
$445,000
3 BED
2.5 BATH
HUGE PRICE ADJUSTMENT!! Move in ready! Opportunity to own a townhouse, in beautiful and desired Dr. Phillips area. Loc... Read More
Orlando Real Estate
$1,050,000
4 BED
3.5 BATH
Move-In Ready - Beautiful 4000 Sq Ft HOME with 4 BR 3.5 Bath *3 CAR Tandem Garage * Exceptional Home in lakefront gated... Read More
Orlando Real Estate
$549,900
4 BED
3.5 BATH
Fantastic Location with Rare combination of Cul-De-Sac, conservation and pond view. Corner lot, no neighbor on 3 sides... Read More
Orlando Real Estate
$1,175,000
4 BED
4.5 BATH
Realtors own home nicely updated, one of Torey Pines finest. Lot is also one of the biggest consisting of .76 acres. Ho... Read More
Orlando Real Estate
$1,200,000
5 BED
4.5 BATH
Beautiful two stories single family with 5 bedrooms (upstairs master room), 4 and a half bathrooms, living room, huge... Read More
Orlando Real Estate
$285,000
2 BED
2 BATH
PRICE REDUCED IN DR PHILLIPS AREA, MUST SEE, completely remodeled property to meet the highest expectations, New floo... Read More
Contact Kevin Strawter

407 575 5392

Wendy Morris LLC
DBA Wendy Morris Realty
Licensed in the State of Florida
BK 3146762
16797 Broadwater Avenue
Winter Garden, Florida 34787

Your privacy is our utmost concern. We will never sell your personal information. Privacy Policy
©2011 -2023 drphillips.info - all rights reserved. | Site Map | REFINANCE | 32819 | 32836 | Dr Phillips