Rise Mortgage and Real Estate

Refinance Guide

Reasons to Refinance 
Lower Payment
A few ways to lower payment are to lower interest rate, eliminate mortgage insurance when loan to value is less than 80%, or lengthening term of loan. 
Cash Out 
If your home has built equity you refinance for a higher amount and receive the difference in cash that you can use for whatever reason you like such as consolidating high interest rate date, college tuition, home improvements, investment property, or use it however you want. 
Shorten Term
Shortening a 30 year mortgage into a 15 year mortgage will save you thousands on interest and pay off home faster

Reverse Mortgage
If you are age 62 and have a considerable amount of equity in your home you may be eligible for a reverse mortgage and borrow against the value of their home and receive fixed monthly payments as long as they live in the house.
Factors to Consider
Current credit score
Monthly payment
Debt ratio
Home value
Documents Required
CA drivers license or ID
Social security card
Last 2 months bank statements
2 recent pay stubs
Last 2 years W2 forms
Last 2 years of income tax returns
Mortgage coupon
Home owners insurance policy or payment
Property tax statements
Average Refinance Length
A refinance will take between 30-45 days.
During the process do not make any big purchase or apply for credit
How to apply
You can apply by phone, email us your application, or schedule a time for us to call you and take an application over the phone
Click link below to start the application process
Apply Now