Refinances:

When should I refinance?
How can a refinance help me?
Can I pull cash out of my home on a refinance?
How much lower should rates be in order to justify the cost of a refinance?
How much does refinancing cost?
Can I roll closing costs into my loan if I have equity?
How much does my home appreciate on average yearly, if at all?
Can I consolidate my debt through a refinance?
Can refinancing my home allow me to do home improvements?
If I need a lower payment should I refinance?
By refinancing can I get a loan to help increase my cash flow monthly?

There are a lot of questions when it comes to refinancing. Whatever your reason for looking into it, the professionals at Precision Home Loans can help you make smart decisions using your mortgage.

We have the answers and will make it a priority to find the mortgage that best fits your personality and financial needs.

What you will typically need to provide in a refinance transaction:

¤ Full Documented Loans

• 2 years of W2's if an employee, or Tax Returns if self-employed
• 2 months of bank statements (most recent) on all major bank accounts
• 1 month of current pay stubs
• Most recent statement on any stocks, bonds, 401k's, IRA's, retirement funds, etc...
• Copy of Home Owners Policy (or company name, agent's name & number)

¤ Reduced Documentation Loans

• 2 months of bank statements (most recent) on all major bank accounts
• Most recent statement on any stocks, bonds, 401k's, IRA's, retirement funds, etc…
• Copy of Home Owners Policy (or company name, agent's name & number)
• 2 years business license or CPA letter stating business status has been 2 years at same address under same business name