Somerset Makes Refinancing More Appealing with Their Popular MaxxCash Program
Somerset Mortgage Lenders continues to keep industry pundits in awe as they introduce their unique MaxxCash Program aimed at helping each and every homeowner take advantage of current low interest rates and the financial benefits of maximum cash out. For instance, if you’re planning to make long anticipated home improvements, getting the payments together for college tuition, or even contemplating a second home in Florida, this program is for you. Because of their broad knowledge in all areas, Somerset is offering this new program to those in need of cash that have not only worked diligently to improve their credit scores but also to those many homeowners who are feeling the devastating effect of escalating debt of all kinds. Under the MaxxCash Program, all are being offered up to 100% of a home’s value as an incentive to refinance while their home prices are still high and before they stabilize or drop any lower.
With increased penalty charges and the recent doubling of minimum payment requirements for credit cards, more and more conscientious homeowners are feeling the control of their finances rapidly slipping away. Their usually reliable home equity line of credit has also taken on a steadily rising rate and begun to dry up. Now every homeowner is
in a frantic search for some sort of
quick financial relief.
Somerset knows that by taking
advantage of the current low mortgage refinancing rates through their MaxxCash Program,
a homeowner would be capable of
solving the problems of paying off high credit card balances and
home equity credit lines simultaneously to begin once again with a clean slate, all this while preserving their credit standing. Somerset’s role as a direct lender, not a broker, is the perfect climate for this type of refinancing.
Somerset, in fact, has the unique ability to make any qualifying decisions and exceptions on an individual basis, which gives them the edge over banks and other mortgage companies who will not make a loan for those with low credit scores or make any other decisions for approval outside an inflexible set of guidelines. At Somerset however, they realize that each person’s credit is based on unique, individual sets of compensating factors, like how long an individual has been on a job and how much equity they have built into their home. This thinking creates a loan that best suits the individual.
With well over a century of expertise, the Somerset team of Lending Specialists have time and time again accomplished loans for homeowners where others won’t, while possessing the essential resources to work with people
through all credit, income and equity situations. And thanks to
low refinancing rates at this time, MaxxCash is the perfect program
for any homeowner looking to get themselves on the road to a sound
credit recovery or like earlier stated, get cash for other needs such as home improvements or a vacation home out of state.
Individual loans can vary to save a home from foreclosure, for instance, because of bankruptcy, missed payments, and no credit background. Somerset offers stated, no income check, unlimited cash-out for you and can close in as little as 72 hours.
The current low rates won’t last forever. So if you’re considering refinancing, get what you want right now by beating the credit card companies at their own game and replenishing your home equity line. Now is the time to refinance while rates are still low.
We recommend asking a Somerset representative about MaxxCash and their many other programs specifically designed to solve a variety of unusual credit problems through refinancing.
You can call Somerset Mortgage Bankers toll free at 1-800-675-9783 or visit their office at 290 Broadhollow Road, Suite 310E, Melville, NY 11747. Somerset is A licensed Mortgage Banker-NYS Banking Dept, MA Mortgage Lender, Licensed by the Dept. of Corporations under the Calif. Residential Mortgage Lending Act. License #Mi2666, Lender CA, CO, CT, FL, ME, MD, NM, OR, SC, TN, Residential Mortgage Originator-MN.