Guide: Is it the Right Time To Refinance?

If you are considering refinancing your home to secure a lower interest rate mortgage, Mission San Jose Mortgage can explain your refinancing options in detail and work out a solution that suits your budget and needs. MSJ professionals are up-to-date on all market rates and loan options. We provide quality assistance and an extensive mortgage analysis that may result in substantial financial savings for you and your family.

Our loan options include:

  • Adjustable and Fixed Rate mortgages.
  • FHA loans: Federal Housing Administration loans under the authority of the U.S. Department of Housing and Urban Development.
  • VA loans: Veteran Administration loans for qualified active-duty servicemen, reservists, veterans, and their spouses.
  • USDA loans: USDA Guaranteed Rural Home Loan mortgages for qualifying rural residents.

We also specialize in the Home Affordable Refinance Program (HARP), which allows homeowners dealing with significant property devaluation on homes purchased before May 31st, 2009 to explore their refinancing options. If you meet one or more of these initial requirements, and your home is owned by Freddie Mac or Fannie Mae, you may be eligible for this program. Qualified homeowners will have the opportunity to lower their mortgage payments and refinance based on current low interest rates without the need of an appraisal.


Whether or not to refinance your home is a large and important consideration that only you can properly determine. However, the key to making the best choice for you and your family is to have complete and accurate information regarding the refinancing process and your specific options. Allow Mission San Jose Mortgage to provide you with the support and knowledge our professionals have gained through years of experience in the industry to help you make the right decision.