You may already be a proud homeowner, but the quest for better financing is always a smart move. This pursuit can be motivated by declining market rates, improved personal financial circumstances, or an increase in your home's value.
The Streamlined Refinance, or the Interest Rate Reduction Refinance Loan (IRL), is a straightforward option that often requires no upfront costs from the homeowner. This refinance type involves adjusting the financing terms and is ideal when interest rates have decreased since your home purchase.
At Rate Simple, securing your dream home begins with the first step of the mortgage approval process. By initiating your application with us, you're taking the essential stride toward turning your homeownership aspirations into reality.