Refinance a Home in
Zanesville, OH

Is your mortgage no longer as affordable or convenient as it once was? Do you think you might qualify for better rates and terms were you to apply for a home loan today?

If so, refinancing in Ohio might just be right for you.

When you refinance, you have a chance to take advantage of today’s mortgage rates based on your current qualifications. That can add up to thousands of dollars saved over the years ahead.

How Refinancing in Ohio Can Make
Homeownership More Affordable

Here are some benefits of refinancing your home loan in Zanesville, OH.

  • By reducing your interest rate, you pay less every month and may be able to afford to pay your loan off sooner.
  • Along with lowering your interest rate, you might be able to change the format of the interest rate between fixed and adjustable.
  • You can lengthen or shorten the term of your loan by refinancing.
  • If you qualify today for a different type of mortgage than you did originally, you may be able to switch over.

Is It Time for You to Refinance in OH?

You know when the time is right to refinance when you can calculate that doing so will simplify your life and save you money. Following are a few examples of situations which may call for a refinance.

Maybe you have an FHA mortgage requiring private mortgage insurance (PMI), but now you qualify for a conventional loan that does not require you to pay for PMI each month.

Perhaps you will stay in your home longer than you originally envisioned. Switching from an adjustable rate to a fixed rate may make sense.

On the other hand, maybe you will be moving away soon, and can save money by switching from a fixed-rate mortgage to an adjustable rate mortgage.

If interest rates have gone down versus what you are currently paying, it could be time to refinance.

Has your income gone up or down? Refinancing can help you keep up with your bills or pay your loan off sooner without prepayment penalties, depending on your situation.

Have other loans you want to consolidate to reduce interest? You can do this with a refinance.

If you now have a better credit score or DTI ratio than you did when you took out your mortgage, refinancing today could give you access to a more competitive loan.

See What Our Clients Are Saying About Us!

Christopher Bell
Christopher Bell
18:38 28 Aug 24
Can't thank Island Coast Mortgage enough. They made the process easy and went to settlement fast.Thanks again!!!!!
natasha thompson
natasha thompson
13:46 23 Apr 24
JB and his team were very fast and helpful. As a first time home buyer he made sure all my questions were answered and that I understood the buying process. Highly recommend!
Bethanie
Bethanie
11:48 26 Sep 23
JB and Lynn helped me and my husband with buying our first home 5 years ago. They recently helped up with a refinance and they couldn’t have been anymore helpful. You should definitely have these two... by your side for any of your mortgage needs.read more
Donavan hale
Donavan hale
18:58 17 Jan 22
This was my first home buying experience, and JB did an excellent job, and Lynn also for helping me throughout the whole process. I would recommend Islandmorgage to anyone and the staff are really... nice. This was a great experience. Thank you!!!:)read more
Crash Samdicoot
Crash Samdicoot
18:09 04 Feb 21
We had a great experience working with JB. He’s very knowledgeable and was very helpful working with us to get our loan. We highly recommend JB and Lynn and would work with them again.
Tia Sims
Tia Sims
02:24 29 Jan 21
J.B. Broughton was a great loan officer! He made it super easy for me as a first time home buyer. He was always quick to answer all my questions and took care of the entire process for me. Even... though I have closed on my house any question I have he still keeps in contact with me and answers my questions.Thanks J.Bread more
js_loader

Refinance to Your Ideal Mortgage Today

Excited about the possibilities of a refinance? Once you refinance your mortgage in Zanesville, OH you can start saving right away. To get started, please call (740) 624-8091 to schedule your consultation.