Refinance your current mortgage at a new, low, fixed interest rate. You'll save every month. Our Home Refinance Loans are designed to reduce your monthly mortgage payments. With our current low interest rates, refinancing your existing mortgage will allow you to keep more money in your own pocket.

..REFINANCE

There has never been a better time to refinance your present mortgage or mortgages. Interest rates are lower then they have been in months!

A Basic Definition:
Mortgage refinancing is simply the process of taking out a new loan to replace an existing loan(s). See also: Home Refinancing.

..BENEFITS OF REFINANCING

Refinancing your mortgage can:

Significantly reduce your monthly mortgage payments, putting more money in your pocket each month.

Lock you into a lower fixed rate.

Obtain CASH from the new refinance loan to be used for almost any purpose! Commonly referred to as a "refinance and cash out" loan.

Accelerate repayment of the debt, reducing the amount of interest paid over the life of the loan.

Combine your 1st and 2nd mortgage into one payment.

If you currently have an ARM, avoid another rate adjustment, lock into a lower fixed rate that will never go up!

Clear tax liens.

Save your home from foreclosure.

Pay a large ballon payment that might be coming up.

..WHAT ARE YOUR PERSONAL OBJECTIVES?

As you saw above, people refinance for many reasons but your personal objectives are very important in the type of refinancing you undertake.

Obtain a lower interest rate and monthly payment, leaving more money in your pocket each month. Combine the first mortgage and subordinate mortgages into a single mortgage payment, reducing the payment and the number of bills you need to pay on each month. Consolidate other debts into a new mortgage which will decrease your monthly payments and increase the amount of interest deductible on your taxes. Lengthen or shorten the term of your loan to correspond to your personal goals. Reduce your monthly payment and apply the savings to faster loan repayment. Take advantage of a lower interest rate and at the same time recife extra cash.

Past credit problems?...OK! Self-employed?...OK! Fixed income?...OK! Hard to verify income?...OK! Have a bankruptcy?...OK! Have mortgage delinquencies?...OK!

New York Mortgage Loan has the ability to overlook credit problems, income problems, cash flow problems, tax liens, judgements and traditional time restraints.

Even if You Have Been Turned Down Before, or Think You Will Not Qualify, We are confident that we can Help Refinance Your Existing 1st or 2nd Mortgage.

..A VARIETY OF REFINANCE PROGRAMS AVAILABLE

Fixed or adjustable rates. 5, 10, 15, 20, 30 year terms are available. Refinance loans that allow you to use up to 100% of the value of your home if you qualify. Conventional refinance programs and rates are available. Stated income refinance loan programs. Non-owner occupied and rental properties are no problem to refinance. And Many Other Options!

These are only some of the options available when you call New York Mortgage Loan. Regardless of your financial need or credit background, we may be able to HELP refinance your existing mortgage.

...SO WHAT ARE YOU WAITING FOR?

	Fill out our SIMPLE and FREE online application to instantly pre-qualify and let us do the rest! Don't worry about which refinancing loan is best for you right now, just take the first step.
Let one of the New York Mortgage Loan experienced and knowledgeable refinance loan specialists see what they can do for you. In less than an hour you could have all you need for the perfect refinance loan!