Refinancing

Key Goals

• Free-up cash for major expenses or debt consolidation by leveraging your equity.
• Lower payments through a better interest rate or longer repayment period
• Save $75-150 a month by eliminating Private Mortgage Insurance payments.
• Reduce risk by switching to a fixed-rate loan.
• Pay less interest over the life of the loan through lower interest rates or a shorter term.
• Build up equity faster by shortening the term.

Key Questions

• Are current interest rates lower by at least ½ to 5/8%?
• Can you afford closing costs and transaction fees?
• What effect will it have on your payments and equity?
• Do you plan to hold on to house for at least another five years or so?
• Are you over or under the halfway mark in paying off your current mortgage?

Home Equity Loans

When refinancing isn`t a viable option for freeing up cash, or the amount of money you need will vary, a Home Equity Loan might be the ideal solution. It can give you the best of both worlds – money when you need it, and interest payments only on what you actually borrow.

No Income Verification Loans

If you're self employed with unpredictable income, it can be tough to find a lender willing to work with you to turn your dreams into reality. East Lake Lending is proud to partner with the best to offer low rates on both new and refinance loans based on non-traditional income statements.

Title Insurance

Don't forget we also offer Title Insurance on our premises for your convenience.

East Lake Lending & Title - 3442 East Lake Road, Palm Harbor, FL 34685
Phone - 727.787.2030 | Fax - 727.787.3236 | Email: info@eastlakelending.com