Directors Mortgage Offers Refinance Mortgage Options to the Northwest

Since 1998, BBB Accredited firm Directors Mortgage has been offering refinance mortgage options for residential clients throughout the Pacific Northwest

Lake Oswego, OR (prHWY.com) January 2, 2013 - Lake Oswego, Oregon (December 11, 2012) - Since 1998, BBB Accredited firm Directors Mortgage has been offering refinance mortgage options for residential clients throughout the Pacific Northwest. Fielding premier mortgage brokers in the Northwest, the company provides house mortgage services for Oregon, Washington, Idaho, and California homeowners.

For clients who have a fixed rate mortgage at a higher interest rate than what is currently available, the home refinance program offered by Directors Mortgage can lower monthly payments. The firm's specialists work with clients to assess their financial situation, recommend viable loan options, and provide a step-by-step guide through the loan application and closing process.

The company's mortgage brokers specialize in translating industry-specific numbers, jargon, and data into everyday language, ensuring that their clients are provided with the information needed to make informed decisions.

Directors Mortgage offers two types of financing for refinances, namely Fixed-Rate Mortgages and Adjustable Rate Mortgages. Fixed-Rate Mortgages are loans that feature a "fixed" interest rate for the lifetime of the loan, making it a valid option for clients seeking stability throughout the life of their loans.

Adjustable Rate Mortgages, also known as ARMs, feature a lower interest rate for the first decade of a loan's term. Eventually, an ARM will adjust or "reset" to a new interest rate, which might be higher or lower than the introductory rate.

For clients who have a FHA, VA, or USDA mortgage, they might be eligible for a Streamline Refinance, which would enable them to take advantage of currently low interest rates with minimal out of pocket costs and reduced paperwork. Several factors are considered before a client qualifies for a Streamlined Refinance, which is where the assistance of seasoned mortgage brokers can come in handy.

For more information, visit www.directorsmortgage.net.

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Tag Words: refinance mortgage, mortgage brokers

Categories: Finance

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Lake Oswego, OR 4550 SW Kruse Way Lake Oswego, OR 97035

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