Refinancing Loan Options
Madison Management provides the flexibility you need to consider refinancing your mortgage. We have loan products for primary residences, second/vacation homes and investment properties. Here are our most popular offerings:
Worth Considering If You…
Conventional Fixed-Rate Mortgages
A low rate that never changes.
*The best fixed rates
*Plan to stay in your home for a longer period of time
Adjustable-Rate Mortgages (ARMs)
The lowest rate for the first 3-10 years of the loan for eligible buyers. After the initial term, your rate will adjust according to current market rates and may increase.
*The lowest short-term rates
*Think you’ll be moving before being exposed to the risk of higher rates
Option 1: Loans with as low as 3.5% down payment and less stringent credit score requirements.
*Low down payment options
*Lack a good credit history
Government-backed loans offered exclusively to our valued members of the military.
*Low or no down payment
*Are an active military member or veteran
Loan program for individuals or families who plan to occupy a single-family home in a designated rural area as their primary residence.
*No required down payment
*Live in a designated rural area
You choose the term of your mortgage based on what works for you.
*Refinance without extending the length of your loan
*Want to take advantage of a lower rate but don’t want to extend the length of your loan
Investment Property Mortgages
Loans for a property used to produce a return on the investment.
*Have good credit