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 90% or below, but additional financing is sometimes available! To contact one of our friendly account executives. Please 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.- Please click here.

Investment Property

Rate Reduction Programs:

Fannie Mae and Freddie Mac offer very competitive interest rates on investment property but limit you to borrowing 80% 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.- Please 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 75% cash out on non owner properties. Our account executives are ready to answer your questions - Please click here.

Rotella Mortgage is an equal opportunity housing lender