Hello thanks for visiting! Here is a little about me: I am a family guy first and foremost with a wonderful wife of 25 years and a bunch of wonderful children. We have a great time as a family while out and about or just at home playing around, working in the garage building things, doing yard work, martial arts or any of the activities we do as a family. Hiking and boating around the Pacific Northwest are a couple things we really enjoy but we don’t do it nearly enough. Seeing this amazing creation all around us makes us thankful that we live in one of the most beautiful states in the country
Branch Manager / Loan Officer
NMLS # 181451
If you are looking for a lower rate to ease cash flow or a shorter term to get your mortgage paid off sooner, we can help you make the RIGHT decision.
Getting a new mortgage to replace the original is called refinancing. This process allows the borrower an opportunity to obtain a different interest term and/or rate. The first loan is paid off, then the newly refinanced loan goes into effect.
It is common for people to refinance when they have equity in their home, which is the difference between the amount owed on their mortgage and the appraised value of the home. In that situation, the borrower has an option to “cash-out” (hence the term cash-out refinance) the value of their home equity allowing them to remodel their home, consolidate debt, pay for college, or other expenses.