A mortgage refinance replaces your current home loan with a new one, often to lower your interest rate, reduce your monthly payment, shorten your term, or take cash out of your equity. California Home Solution helps Los Angeles homeowners compare refinance options and choose the one that fits their goals.
This Free Refinance Advisor has been designed to help narrow down options based on your individual needs. It's quick, it's easy, and the more questions you answer - the more accurate your results. You'll receive the Refinance information you need instantly without all the calls and emails!
Frequently Asked Questions
When is the right time to refinance my mortgage?
Refinancing makes sense when it lowers your rate enough to justify the closing costs, when you want to switch from an adjustable to a fixed rate, when you need to shorten your term, or when you want to pull cash out of your equity. We run the numbers with you so you know your break-even point before you commit.
How much does it cost to refinance?
A mortgage refinance typically includes closing costs such as appraisal, title, and lender fees, often ranging from 2 to 5 percent of the loan amount. In some cases these can be rolled into the loan or offset by a lender credit. We show you the full cost up front so there are no surprises.
What is a cash-out refinance?
A cash-out refinance replaces your existing mortgage with a larger loan and gives you the difference in cash. Homeowners use it to consolidate debt, fund home improvements, or cover major expenses while keeping a single monthly payment.
Can I refinance if I am self-employed?
Yes. We work with self-employed borrowers whose tax returns do not reflect their full income, using programs like bank statement loans that qualify you based on your actual deposits.
How do I start a mortgage refinance?
Call us at (818) 999-6070 or complete our online application. We will review your current loan, compare your options, and recommend the best path. As always, feel free to call us if you have any questions.
Will refinancing hurt my credit score?
A refinance involves a credit check that may lower your score by a few points temporarily, but the effect is usually small and short-lived. For most homeowners, the long-term savings from a lower rate far outweigh a minor dip.
