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| Home > Home Refinance > Refinance Program |
| Refinance Program |
Fixed Rate Mortgage
You have the security of a stable interest rate that won't chance for the life of your loan regardless of rising interest rates. Since fixed rate loans offer you more stability, A fixed rate loan may have a higher interest rate than an adjustable rate loan. a fixed rate mortgage is perfect for anyone who likes to budget montly expenses and plans to keep their home for several years. They are normally available with payment periods of 10, 15, 20, 30, and 40 years.
Adjustable Rate Mortgage
We have interest rates that adjust over the life of the loan and rate is initially fixed for a period of time 3, 5, or, 7 years. They typically start out with lower interest rates than comparable fixed rate mortgage loans. It is ideal for homebuyers who plan to refinance or move in a several years.
Majestic Home Loan offers a low rate while you enjoy both the low ARM rates and the security of knowing your monthly payments for the first few years.
Get the low rates you thought you had missed and have greater purchasing power with lower monthly payments.
Fixed Rate Interest Only
Majestic Home Loan offers 30 year loan that allow you to pay only the interest for all or part of the first ten years and keep the original low fixed rate for the full 30 years of the loan. keep more cash every month and consolidate high - Interest debt
FHA Home Loan
Move into your new home with less out-of-pocket cash than required with most conventional loans. FHA loans feature:
- First-time homebuyer advantages
- Down payments as low as 3.5% of the purchase price
- Loan options for those with low-to-moderate incomes
- Available for refinance of fixed and adjustable rate mortgages
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This simple mortgage payment calculator allows you to estimate mortgage payments for any fixed rate loan. Complete the following fields and click the Calculate button to find out your mortgage payment.
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