SKIP TO MAIN CONTENT
Logo
  • About Us
  • Contact Us
  • Branch Locations
    • Atlanta GA
    • Columbus OH
    • St Clairsville OH
    • Huntingdon Valley PA
    • Easton PA
    • Pittsburgh PA
    • Indian Trail NC
    • Oceanside NY
    • Rockwall TX
  • Team Directory
    • Jonathan Ross Aldom
    • Gail Allen
    • Hazel Allen
    • William Allin
    • Paden Amsden
    • Kurt Beatty
    • Karen Celia
    • Diana Chester
    • Peter Coy
    • Jay Davis
    • Anthony Donatelli
    • Robert Fishbein
    • Yissel Genao
    • Michael Gleason
    • John Insco
    • Bob Irwin
    • Kiante Jackson
    • Alexsandra Martinez
    • Linda Marut
    • Jennifer McGee
    • Lois Meyers
    • Richard Mikula
    • Paul Palumbo
    • Peter Perticone
    • Kristin Reilly
    • Jacqueline Racz
    • Eric Rodriguez
    • Justin Ruzicka
    • Sean Ruzicka
    • Adam Sawchak
    • Kendra Seck
    • Rico Simonetti
    • Taylor Stork
    • Keith Ronald Stumpf
    • Sonny Tran
    • Emily Trimble
    • John Vogel
    • Michael White
    • Richard Wolkenberg
  • Loan Options
    • Conventional
    • FHA
    • VA
    • USDA Rural Housing
    • Jumbo
    • OHFA
    • Refinance
    • Renovation Loans
    • Fixed Rate Mortgage
    • Adjustable Rate Mortgage
    • HECM and H4P
  • Calculators
    • Payment Amortization
    • Rent vs Own
    • Debt Consolidation
    • Refinance Break Even
    • Prepayment Savings
    • Early Payoff
  • Log In

Refinance

 

 

 

 

 

 

 

 

 

 

 

Save Money with a Refinance

With a refinance, you pay off your current loan with a new loan and restructure the mortgage to fit your needs. You could also save a considerable amount of money over the life of your loan and potentially improve your overall financial outlook. Determine if refinancing is right for you by using our refinance calculator .

 

Refinance Highlights

Refinancing may be the right decision if your home value significantly increased or current interest rates are low. You may even be able to:

  • Shorten your loan’s term to save even more money
  • Refinance to a lower interest rate which might also lower your monthly payments
  • Convert your adjustable-rate mortgage (ARM) to a fixed-rate loan which will keep your payments safe from possible interest rate increases
  • Combine a first and second lien to a single loan for simplicity and savings
  • Consolidate debt from higher interest rate credit cards or subordinate financed loans into one loan which may result in lower monthly payments
  • Turn your home equity into cash

Refinance Options

Cash-Out Refinance*

A cash-out refinance allows you to take cash out of your home equity by replacing your current mortgage with a new loan that is more than the amount owed. This option can help you pay for major expenses like college tuition, debt or home improvements.

*Appraised property value may affect loan amount.

 

Adjustable-Rate Mortgage (ARM)

Typically adjustable-rate mortgages offer low introductory rates and payments that can change periodically after the initial fixed-rate period. An ARM could be the right choice for you if you plan on staying in your home for just a few years, you’re expecting a future pay increase, or the current interest rate on a fixed-rate mortgage is too high.

 

Fixed-Rate Mortgage

Fixed-rate mortgages protect you against rising rates since the interest rate remains the same for the entire term of the loan. You can select a 30-, 20- or 15-year term, but keep in mind lower term options have higher monthly payments which means you are building home equity faster. If you plan on staying in your home for a longer time frame, a fixed-rate mortgage could be the right solution for you.

Apply Now
  • Licenses
  • Disclosures and Legal
  • Illinois CRA Statement
  • Notice to Texas Consumers
  • Privacy Policy
  • Join Our Team
  • Links
  • CORONAVIRUS MESSAGE

This is not a commitment to make a loan. Loan terms and conditions are effective as of the date you receive this material and may change without notice. All loans are subject to credit and property approval. Not all products are available in every State or for all loan amounts, programs or credit grades. Other restrictions and limitations apply. Some products and loans require a down payment. There are maximum loan amounts. Developer’s Mortgage Company is an approved HUD Mortgagee and is approved to originate VA loans. Developer’s Mortgage Company is an approved Fannie Mae Seller. Georgia Residential Mortgage Licensee. Illinois Residential Mortgage Licensee. In Illinois Developer's Mortgage Company originates loans under the assumed name "DMC Funding". Licensed by the N.J. Department of Banking and Insurance. In New York, Developer’s Mortgage Company originates loans under the fictitious name DMC Funding. Licensed Mortgage Banker-NYS Department of Financial Services Lic # LMB 110461. Licensed by the Pennsylvania Department of Banking and Securities. In West Virginia, Developer’s Mortgage Company originates loans under the assumed name DMC Funding Company. Developer’s Mortgage Company is licensed to conduct business in CO, CT, FL, GA, IL, IN, MD, MI, MN, NC, NJ, NY, OH, PA, SC, TN, TX and WV and may only take and solicit loan applications, and originate loans on properties, in those states. Developer's Mortgage Company is not approved to originate or solicit reverse mortgage loans in NC, NY or TN. *DMC Funding in lieu of true name Developer's Mortgage Company.

Developer's Mortgage Company is located at 2700 E Dublin Granville Road, Suite 460, Columbus, Ohio  43231

 Phone Number (614) 523-0301    NMLS ID# 225548      SM 2023    Developer’s Mortgage Company

Developer's Mortgage Company

Corporate Office:

2700 E Dublin Granville Road, Suite 460

Columbus, OH 43231

P: 844-236-8697

P: 614-523-0301

F: 614-665-6500

info@hladmc.com

 

NMLS CONSUMER ACCESS
NMLS Entity ID #225548
HUD Mortgagee #3836109998
VA #2555700000
Fannie Mae Seller

2023 All rights reserved.

This is not a commitment to make a loan. Loan terms and conditions are effective as of the date you receive this material and may change without notice. All loans are subject to credit and property approval. Not all products are available in every State or for all loan amounts, programs or credit grades. Other restrictions and limitations apply. Some products and loans require a down payment. There are maximum loan amounts. Developer’s Mortgage Company is an approved HUD Mortgagee and is approved to originate VA loans. Developer’s Mortgage Company is an approved Fannie Mae Seller. Georgia Residential Mortgage Licensee. Illinois Residential Mortgage Licensee. In Illinois Developer's Mortgage Company originates loans under the assumed name "DMC Funding". Licensed by the N.J. Department of Banking and Insurance. In New York, Developer’s Mortgage Company originates loans under the fictitious name DMC Funding. Licensed Mortgage Banker-NYS Department of Financial Services Lic # LMB 110461. Licensed by the Pennsylvania Department of Banking and Securities. In West Virginia, Developer’s Mortgage Company originates loans under the assumed name DMC Funding Company. Developer’s Mortgage Company is licensed to conduct business in CO, CT, FL, GA, IL, IN, MD, MI, MN, NC, NJ, NY, OH, PA, SC, TN, TX and WV and may only take and solicit loan applications, and originate loans on properties, in those states. Developer's Mortgage Company is not approved to originate or solicit reverse mortgage loans in NC, NY or TN. *DMC Funding in lieu of true name Developer's Mortgage Company.

Developer's Mortgage Company is located at 2700 E Dublin Granville Road, Suite 460, Columbus, Ohio  43231

 Phone Number (614) 523-0301    NMLS ID# 225548      SM 2023    Developer’s Mortgage Company