Close Your Own Loan Mortgage Refinance Review
ConsumersAdvocate.org Rating: 8.6 / 10 (Excellent)
Close Your Own Loan powered by Peoples Bank focuses in providing Home Loans, Refinance, Real Estate, Finance, and Mortgage loans through its online services. The company offers quick online mortgage quotes through a simple online application process that does not require in-depth personal information.
Types of Home Mortgage Refinances
- Fixed Rate Mortgage
- Adjustable Rate Mortgage
Other home loans offered
- Jumbo Loans
- Home Affordable Refinance Program (HARP)
- VA Loans
- FHA Loans
Qualifying for Mortgage Loans
Close Your Own Loan requires a minimum credit score of 620 for its mortgage refinance program. The company’s automated underwriting engine examines each part of an applicant’s information to qualify each accordingly. This in turn streamlines the loan application process significantly.
Refinance Mortgage Rates
Mortgage rates depend on the borrower’s credit profile, property value, mortgage balance, and impounds. Another factor that affects the rates offered to applicant is their chosen loan program. Users can choose among the loan programs that Close Your Own Loan provides which they think suits their needs.
Why Mortgage Refinance at Close Your Own Loan
Close Your Own Loan offers a $1,000 Best Rate Guarantee which ensures clients get the best interest rates. It also provides a variety of mortgage refinance programs which gives borrowers more options to choose from when applying for a mortgage refinance loan.