Ready to pay less in interest on your mortgage and lower your monthly payments? A refinance may be the right step for you.
What is a Refinance?
A mortgage refinance is the replacement of an existing mortgage with another mortgage under different terms. Mortgage refinancing can lower your monthly payments, which can add up to significant savings.
Knowing your current refinance mortgage rates is important. Buckhead Home Loans can keep you informed and help decide when a refinance may be best.
Lower Your Interest Rate
Lower Your Payment
Payoff Faster
Consolidate Debt
Access Your Equity
Home Improvement
Frequently Asked Questions
This type of refinance replaces your current loan with a new one to change your interest rate, loan length (e.g., from a 30-year to a 15-year), or loan type (e.g., from an ARM to a fixed rate).
This type of refinance replaces your current mortgage with a new one for a larger amount than you currently owe, allowing you to withdraw your home's equity in cash for major expenses, like debt consolidation or home improvements.
A streamline refinance refers to the refinance of an existing FHA loan or a VA loan mortgage.
They are a great way to lower your interest rate and monthly payments without the paperwork, time, and processes associated with a typical refinance. The reduced documentation leads to a “streamline process”.
To qualify for a cash-out refinance loan, all loan applicants must meet certain requirements, including:
- Good work history
- Verifiable income
- Credit score of 620+
- Minimum equity for loan program
Similar to when you applied for your original mortgage, you will need to provide all of the necessary documents that demonstrate your borrowing worthiness.
Some of the documentation requested may include:
- Pay stubs
- Tax returns and W-2s and/or 1099s (for self-employed individuals)
- A credit report
- Bank statements
Want to Buy or Refinance a Home?
Take Our 60 Second Smart Homebuyer Quiz To Find Out How Much You May Qualify For
- Work With a Local Mortgage Expert
- Competitive Rates & Fees
- (404) 303-7411
Let's Find a Loan That's Right For You
Whether you are buying a new home, getting cash from your home’s equity, seeking a more affordable payment, or want to pay off your home loan sooner, our mortgage professionals explain your options simply and clearly — and offer you competitive rates and terms to help you save.
- Helping Turn Dreams Into Realties Since 1998
We have the experience, the social track record, and access to the right resources to get loans done.
- Flexible Rates & Low Fees
The key to our success has been a combination of consistently offering the lowest possible rates and above all providing outstanding customer service. We take pride in treating our clients with honesty and integrity.