Work with a trusted Tacoma Lender

Interest rates are still smoking, but economist are predicting that interest rates will begin to increase throughout the year. If you are still sitting on the fence regarding your Tacoma refinance home loan we recommend that you speak with us directly today. There are new loan programs you need to know about, you could be saving hundreds per month.

We offer a number of obligation free services to our clientele, our most popular service being the Mortgage Analysis Report. The report will compare your current mortgage against 3 other Tacoma refinance home loan options that we have selected for your situation. This will allow you to make an informed decision and weigh the pros and cons of refinancing. Typically the decision to refinance is an easy one with interest rates this low. Our average Tacoma refinance client saves between $100 and $300 per month by taking advantage of these great rates.

Because Northwest Mortgage Experts is a correspondent lender we have access to both portfolio and wholesale loans. By having more options for our client they can be assured that we will find a mortgage that works into their financial objectives. In today’s market the FHA home loan has become extremely popular. The reason being is that a Tacoma FHA loan allows cash out up to 85% Loan to Value (LTV) without the interest rate hike seen with conventional loans. FHA loans also have more flexible lending criteria, meaning if you income or credit score has dropped; there is still a good change you can obtain a Tacoma refinance home loan.

Do you owe more than your home is worth?

Many borrowers continue to hold off on refinancing their homes because they believe that they owe more than their property is worth making a Tacoma refinance home loan impossible. This is not the case at all. Even if you homes has dropped in value (who’s hasn’t) you can still qualify for a Tacoma refinance home loan. In 2009 the government introduced a number of new lending guidelines that allow current Tacoma homeowners to refinance up to 125% (LTV). Northwest Mortgage Experts has experience closing these new loans and was one of the first in the Tacoma area to take advantage of their flexible guidelines. Recently we refinanced a home for a couple in Port Angeles whose property value had dropped considerably since 2006. The new loan funded at an LTV of 105% without mortgage insurance, yet another benefit of this new loan type. If you are in a similar situation give us a call today. It’s crucial to work with a lender who has closed these home loans before and who can navigate the new government lending guidelines effectively.

Northwest Mortgage Experts is a value added resource to homeowner in the Tacoma area. Our experience in the local real estate market and wide range of home loan programs allow us to deliver custom tailored home loans. We offer an impressive mix of low interest rates, local expertise, and uncompromising customer service that is getting us noticed in the region. If you want to work with a professional team who will customize a loan solution specific to your needs give us a call today at (206) 303 8526.