MGB Financial Services, Inc
18300 Gridley Road, Suite I
Artesia, CA 90701
Phone No: 562-809-2643/Fax No:562-809-0644
Email: MGBLoan@yahoo.com
BRE# 00984310
NMLS# 257-608/280-127
MGB Financial Services, Inc
18300 Gridley Road, Suite I
Artesia, CA 90701
Phone No: 562-809-2643/Fax No:562-809-0644
Email: MGBLoan@yahoo.com
BRE# 00984310
NMLS# 257-608/280-127
Refinancing can be a smart financial move for homeowners with a solid mortgage payment history who find themselves in situations where their mortgage exceeds the value of their home. We offer a range of refinancing options tailored to your needs, including:
Combine First and Second Mortgages: Refinancing both your first and second mortgages into one loan at a reduced interest rate can save you thousands annually.
Switch Between Adjustable and Fixed-Rate Loans: Whether you’re looking to convert from an adjustable-rate mortgage (ARM) to a fixed-rate loan or vice versa, we can help you find the right solution.
Lower Monthly Payments: Refinancing can significantly reduce your monthly mortgage payments, improving your cash flow.
Cash-Out Refinancing: Access cash from your home equity to finance home improvements, consolidate debt, or cover other expenses.
Consolidate High-Rate Loans and Credit Cards: Refinancing high-interest loans and credit card debt could save you at least 40% per month.
FHA Streamline Refinance: Existing FHA borrowers can take advantage of lower rates with reduced costs in this streamlined refinancing option.
Home Affordable Refinance Program (HARP): If your mortgage is owned by Fannie Mae or Freddie Mac, you may qualify for a refinance up to 125% of your home’s value. Late payments and delinquencies may be acceptable if caused by a loan reset on an adjustable mortgage. This program allows for financing all costs, late fees, and deficient balances up to standard FHA loan limits per state.
FHA Short Refinance: This option allows your existing lender to take a "short payoff" or create a "silent second" for the uncovered balance when refinancing to bring your mortgage balance to fair market value.
FHA Loan Options:
VA Refinancing: Important message for veterans! You may be able to lower the interest rate on your VA mortgage through our VA streamline refinance program. Act quickly—this program can save many veterans thousands of dollars!
Let us assist you in selecting the loan that best fits your needs and discover ways to speed up the approval process. We’ve streamlined our application process to minimize traditional requirements and paperwork—at no extra cost to you.