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Improve Your Cashflow, Pay Off Debts, Cash Out, Or Shorten Loan Term To Save Interest.
I worked with Joel during our home refinance and he is very professional, super responsive, answered all my question and explain every aspect of the process with detailed and patience. Refinancing your home is headache but working with Joel and everyone at cornerstone real estate made it less stressful.
I had millions of questions and Joel answered all my silly questions with such grace and patience. Your customer service skill is unlike any other in have experience. My husband and I are very grateful for all your service. I Recommend this amazing profesional team wether you are buying a home or refinancing.
Osiris Sanchez
Cornerstone provided us prompt and responsive service. We started looking for help with our refinance about a year ago. We spoke to Joel at cornerstone and he assured us it was a simple and easy process. As an average consumer does, we talked to a few other companies. They seemed like they wanted our business for all the wrong reasons.
After delaying the process and putting a lot of thought into it, we decided to go back to Cornerstone and pick Joel’s brain some more. We chose to proceed with Joel and Maggie with Cornerstone. They made the process seem so simple. We emailed the necessary docs to them, within a few days we had a rate locked and the process rolling.
They told us it would take at least 30 days. We were closed way sooner than we thought and they saved us a ton of money on all those bogus fees everyone else wanted to charge. I HIGHLY recommend Cornerstone. Thank you!
Nazim Faquiryan
Balancing mortgage payments with recurring bills such as utilities, groceries, insurance, and family-related expenses. The constant pressure of high monthly expenses strains your budget, leaving little room for savings or discretionary spending. This financial stress makes it hard to achieve peace of mind and plan for the future.
Juggling payments for credit card loans, student loans, personal loans, car payments, or lines of credit. Managing multiple debts creates a tangled web of financial obligations, leading to prolonged debt and higher interest payments.
You are sitting on a valuable resource: their built-up home equity. Unfortunately, a lack of knowledge on how to effectively use this equity prevents you from funding major purchases or renovations that could improve your home and financial situation.
The refinancing process itself can be stressful, with concerns about its complexity, time, and effort. Fear of the unknown and the complexity of refinancing often prevent you from taking action. This hesitation keeps you from taking action to improve your situation.
The fear of making the wrong refinancing decision looms large for you and your family. Concerns about higher payments or financial instability can paralyze decision-making, preventing steps that could otherwise lead to improved financial health.
The sheer volume of paperwork involved in the refinancing process can be overwhelming. From appraisals to loan documents, the time-consuming and detailed nature of these requirements can deter you from pursuing refinancing, even when it could offer significant benefits.
Navigating the refinancing landscape without tailored guidance is like sailing without a compass. You need personalized advice to find the best loan options for your specific financial situations and goals. Without this, you may choose suboptimal refinancing options that don’t fully meet your needs, costing you more in the long run.
Here’s how we can help
How We Helped Ana Refinance Even She Failed A Couple Times👇🏻
I reached out to Joel to help me and my husband refinance. 20 plus years ago his mom was my moms realtor and she was so amazing to my family and helped my parents their forever home. Now me as an adult.
Now that I have my own house I reached out to Joel that we trust and has helped us so much he is very professional and helpful. We tried a couple times to refinance and weren’t able to but Joel made it happen for us! So grateful and glad we reached out to him
Ana Sosa
How We Helped Rocio To Save Hundreds of Thousands Of Dollars👇🏻
Joel and his team have created a seamless process for refinance. What is typically a lengthy and confusing endeavor was simplified, streamlined, and painless.
I appreciated the frequent updates and easy to follow timeline, helping me navigate what was required on my end. And all during COVID! There was never one hiccup.
I felt safe and secure the entire process, and was even provided a mobile notary for signing so I didn’t have to leave the comfort and safety of my home. Joel’s professional demeanour and experience was evident in all of his communications. With his guidance he helped us shave years off our loan and save hundreds of thousands of dollars. World class service.
Rocio Maldonado
How We Helped Marissa and her husband Three Times👇🏻
My husband and I have now used Cornerstone 3 times. Joel is amazing! I actually didn’t think we could afford to buy a home in the beginning and Joel proved me wrong.
He helped us figure out what we wanted to pay per month and what price point that would get us. We found our dream home and purchased it without any heartburn.
Joel made buying a home and later refinancing PAINLESS! I am truely thankful for all the help and support they have given us. Thank you Joel for everything! Cornerstone will continue to be a part of our crazy amazing life journey!
Marissa Mizuki
Refinancing may be right for you if you want to lower your monthly payments, consolidate debt, access home equity, or shorten your loan term. It’s important to evaluate your financial goals, current mortgage terms, and the potential benefits and costs of refinancing. Consulting with a mortgage professional can help determine if refinancing aligns with your financial situation.
Refinancing costs can include application fees, appraisal fees, origination fees, title insurance, and closing costs. These costs vary depending on your lender and loan terms. It’s crucial to review all associated costs with your lender to understand the total out-of-pocket expenses and determine if refinancing is financially beneficial for you.
The refinancing process typically takes 21 to 45 days from application to closing. This timeframe can vary depending on factors such as the complexity of your financial situation, the responsiveness of all parties involved, and the lender’s processing time.
Refinancing with bad credit is possible, but it may come with higher interest rates and less favorable loan terms. Lenders will evaluate your credit score, income, and debt-to-income ratio to determine your eligibility. Working with a mortgage professional like us can help you explore options and potentially improve your credit to qualify for better terms.
Common documents required for refinancing include:
Your lender will provide a detailed list of required documents based on your specific situation.
A cash-out refinance allows you to refinance your mortgage for more than you currently owe, receiving the difference in cash. This can be used for home improvements, debt consolidation, or other financial needs. It replaces your existing mortgage with a new loan that includes the cash amount you receive.
Refinancing to a shorter loan term, such as from a 30-year to a 15-year mortgage, can help you pay off your mortgage faster. Although your monthly payments may be higher, you will save on total interest paid over the life of the loan. This accelerates your path to financial freedom.
Yes, you can refinance your mortgage more than once. However, it’s important to consider the costs and potential benefits of multiple refinances. Ensure that each refinancing decision aligns with your financial goals and provides significant advantages.
Interest rates play a crucial role in refinancing. Lower interest rates can reduce your monthly payments and total interest paid over the loan term. Monitoring market trends and working with a mortgage professional can help you determine the optimal time to refinance.
Working with Cornerstone offers several benefits:
It’s a good practice to review your mortgage annually or whenever there are significant changes in your financial situation or market conditions. Regular reviews can help you identify opportunities to save money or improve your financial position through refinancing.
If you move shortly after refinancing, you may not fully recoup the costs associated with the refinancing process. It’s important to consider how long you plan to stay in your home and calculate the break-even point to ensure refinancing makes financial sense given your anticipated timeline.
Refinancing can have tax implications, particularly regarding the deductibility of mortgage interest and points paid during the refinance. Consult with a tax professional to understand how refinancing may impact your tax situation and to maximize any potential tax benefits.
To begin your refinancing journey, follow these steps:
Contact Cornerstone today to start your stress-free refinancing journey with personalized guidance and expert support.
Whether you’re buying, selling, applying a loan, refinancing, or renting out your property, we are committed to making your experience smooth and stress-free.
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Contact:
543 Merchant Street, Vacaville, CA 95688
Operations@CornerstoneREHL.com
Phone: (707) 447-8120
Text: (707) 249-2167
FAX: (707) 447-8127
Mon – Fri : 8:00 AM – 8:00 PM
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DISCLAIMER: All loan approvals are conditional and subject to lender review of all information. Loan is conditionally approved when lender has issued approval in writing but not until all loan conditions have been submitted can loan be funded. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. Cornerstone Real Estate And Home Loans Inc. is an Equal Opportunity Mortgage Broker in California, This licensee is performing acts for which a real estate license is required. Cornerstone Real Estate And Home Loans Inc. is licensed by the California Bureau of Real Estate, Broker # 01493006; NMLS # 345575. Cornerstone Real Estate And Home Loans Inc. is approved to originate VA and FHA loans, and has the ability to broker such loans to VA and FHA approved lenders. Cornerstone Real Estate And Home Loans Inc is not acting on behalf of or at the direction of HUD/FHA or the VA.
