Mortgage Refinancing in Orlando & Pensacola, FL.
Lower your payments, unlock equity, or switch terns--refinance with confidence and save big on your Florida home loan.
As the #1 rated expert mortgage lender serving Orlando and Pensacola, FL., Avi Bastajian and the Mortgage Team specialize in mortgage refinancing to help you achieve financial freedom. Whether you're looking to reduce monthly payments amid rising Florida living costs, tap into your home's equity for renovations, or switch from an adjustable-rate mortgage (ARM) to a fixed-rate one, we offer tailored refinance options with competitive rates and minimal fees. With over 24+ years of experience, we've helped 10,000+ homeowners in Central and Northwest Florida refinance seamlessly.
Ready to explore your options? Apply Now or call us at (850) 473-0070 for a no-obligation rate quote
If you're considering a move in the near future--say, within 2-5 years might not always be the best choice, as the upfront costs (like closing fees, typically 2-5% of the loan amount) could outweigh the savings from lower rates or better terms. However, in Orlando and Pensacola's dynamic real estate markets, where home values are rising steadily a refinance could still make sense if it reduces your monthly payments significantly, eliminate PMI, or switches to a shorter-term loan to build equity fast before selling. As Avi Bastajian, the #1 rated expert mortgage lender in Orlando & Pensacola, FL, I recommend a personalized analysis -- contact me for a no-obligation quote to see if it aligns with your timeline and goals.
Typically 2-3% of the loan amount plus escrow.
A point is a percentage of the loan amount, or 1-point = 1% of the loan, so one point on a $100,000 loan is $1,000. Points are costs that need to be paid to a lender to get mortgage financing under specified terms. Discount points are fees used to lower the interest rate on a mortgage loan by paying some of this interest up-front. Lenders may refer to costs in terms of basic points in hundredths of a percent, 100 basis points = 1 point, or 1% of the loan amount.
Yes, if you plan to stay in the property for a least a few years. Paying discount points to lower the loan's interest rate is a good way to lower your required monthly loan payment, and possibly increase the loan amount that you can afford to borrow. However, if you plan to stay in the property for only a year or two, your monthly savings may not be enough to recoup the cost of the discount points that you paid up-front.
Mortgage rates can change from the day you apply for a loan to the day you close the transaction. If interest rates rise sharply during the loan process it can increase the borrower's mortgage payment unexpectedly. Avi Bastajian and his Team will advise when it's best to lock the loan.
Avi Bastajian and his Team will advise you when its best to lock in your loan rate.
Even with poor credit getting a home loan is still possible. A lender will consider you to be a risky borrower and to compensate for this they will charge you a higher interest rate, and expect a higher down payment usually 20%-50%. The worse your credit history is, the more you can expect to pay.
Why Choose Avi Bastajian for Your Refinance?
Choosing Avi Bastajian means partnering with a lender who prioritizes your financial future. Don't settle for average--experience the difference with expert refinance services tailored to Orlando and Pensacola. ready to refinance? Get a Free Quote or schedule a call at (850) 473-0070. Let's make your mortgage work harder for you!