Refinancing Your Mortgage?

Looking for today's mortgage rates? Mortgage rates fluctuate daily, call us (800) 929-3079 for the most current rates.

Looking for today's mortgage rates?

Rates are changing quickly, call us at (800) 929-3079 for the most current rates.

Get Started TodayHave a question? Call UsLearn More

With today’s favorable interest rates, it may just be the right time to refinance your mortgage. Sprout Mortgage is staffed and ready to provide outstanding service throughout the refinance process. We offer a wide range of refinance options, plus the expertise and flexibility to get you the loan that’s best for your needs... today and into the future. Give us a call and find out why more people rely on Sprout!

Benefits of refinancing

Lock-in a low interest rate for 15 or 30 years.
Lower your monthly mortgage payment.
Save money during the life of your loan.
Get cash.
Eliminate Private Mortgage Insurance (PMI).
Shorten the duration of your existing loan to a 15-year term.

Refinance options:

30-Year Fixed Rate
Mortgage

The 30-year fixed is one of the most popular mortgage loan options. Since a 30-year loan is paid over a longer term than a 15-year loan, the monthly payments are more affordable. In a low rate environment, many people choose to switch from a variable rate loan to the security of a fixed-rate loan. With a 30-year loan, your payments will be the same every month for the life of the loan, (not including other payments such as property taxes, homeowner’s insurance costs, or association fees).

15-Year Fixed Rate
Mortgage

Choose the 15-year fixed rate mortgage option if you’d like to pay your loan off sooner (make 180 payments over the life of the loan, vs. 360 payments with a 30-year fixed rate mortgage).

Benefits of a 15-year mortgage include

Lower interest rate than a 30-year fixed rate mortgage.
Pay less interest over the life of the loan.
Build home equity faster: With its lower interest rate and slightly higher payment amount than a 30-year loan, you can potentially build equity faster because you’re paying down the principal balance quicker.
Ideal for retirement planning: If you plan on retiring in less than 30 years, paying off your mortgage in 15 years could eliminate your monthly mortgage payment by the time you retire.

test
test

Also Available

Whether you’re a small business owner, yoga instructor, seasonal employee, freelancer/contract employee, or investor, Sprout can help you get a mortgage!

Asset Depletion Loans

Investor Debt Service Coverage

Ideal for individuals with substantial liquid capital (more assets than income), the Asset Depletion program permits borrowers to qualify based on their assets up to 50% DTI.
Designed for those whose income is derived from property rentals. Use the cash flow from your rental property to qualify.

Here’s How We Can Assist You in Buying a Home

Other loan features include:

Ready to Refinance?

Call (800) 929-3079 to talk to one of our knowledgeable Loan Advisors to find out how much you can borrow and how easy it is to apply!
No items found.

Learn MoreLet's Get Started