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Mortgage Refinance

Primary Residence

Rate Reduction Programs:

One of the biggest misnomers is that you need to drop at least 1% off your old rate to make a refinance profitable.  This is because of the exorbitant closing costs charged by most mortgage companies.  At Rotella Mortgage, we offer a no closing cost option, so you can reap the rewards of your refinance immediately!  Fixed rates are available for 10, 15, 20, 25 or 30 years, and adjustable rates for 1, 3, 5, 7, or 10 years.  Loan-to-value is generally kept at 95% or below, but 100% financing is always available!  To contact one of our friendly account executives, click here.


Debt Consolidation Programs:

One of the most intelligent ways to maximize your family's income is to consolidate your high interest credit card debt with a tax deductible home loan. Many people also use this type of refinance to fund family vacations, pay college tuition, remodel their homes, or invest in other properties.  Rotella Mortgage has many different options for your to consider, including 1st mortgages, second mortgages and home equity lines.  Contact us today to get started - just click here.


Sub Prime Programs:

These programs offer a wider variety of options for most borrowers.  Rotella Mortgage offers NO DOCUMENTATION loans for individuals that cannot prove their income or assets, STATED INCOME loans for individuals who do not wish to furnish tax returns or w-2’s; lower credit score qualifying for borrowers who have had some credit problems in the past, including bankruptcies and foreclosures.  Don’t be afraid;  we can still get you 100% financing with most of these programs.  Questions?  Contact us today! 

Investment Property

Rate Reduction Programs:

Fannie Mae and Freddie Mac offer very competitive interest rates on investment property but limit you to borrowing 90% of the homes appraised value.  Even though we consider this a rate reduction program, the borrower may be able to receive as much as $2,000 cash back at closing.  Our staff can answer any additional questions - just click here.


Cash Out Programs:

Most investors like to take CASH OUT of their rental properties for either repairs or for a down payment on their next purchase.  Fannie Mae and Freddie Mac allow a maximum of 85% cash out on non owner properties.  Our account executives are ready to answer your questions - click here.


Sub Prime Programs:

Rotella Mortgage offers 100% CASH OUT on investment properties and also has a wide variety of STATED INCOME programs for borrowers who may not qualify under Fannie Mae’s guidelines.  To find out more, click here.