Refinancing is often used to lower your interest rate. If rates have dropped since you last financed your home, you may want to consider refinancing. Other common reasons to refinance include paying off a balloon payment, converting an adjustable rate loan to a fixed rate loan or to extract cash equity in your home (cash out). A few reasons for cashing out include: home improvement, an education fund, and consolidating debt.
Another way to convert equity in your home to cash is a "home equity" loan. A "home equity" loan is an alternative to refinancing if your home loan has a very low rate compared to current interest rates or if you have a prepayment penalty on your loan. Note: Total finance charges may be higher over the life of the loan.
Equal Housing Opportunity
Credence Funding Corporation ™ 2012
Privacy Policy | Contact Us
1200 Technology Drive Suite A Aberdeen, MD 21001
CA License # 60DBO44661 Licensed by the California Department of Business Oversight
CO License # 100048022 Licensed by the Division of Real Estate
DE License # 022405 Licensed by the Delaware Office of State Bank Commissioner
DC License # MLB878490 Licensed by the Department of Insurance, Securities, and Banking
FL License # MBR-1212 Licensed by the Florida Office of Financial Regulation
GA License # 36848 Licensed by the Georgia Department of Banking and Finance
IL License # MB.6761180 Licensed by the Illinois Department of Financial and Professional Regulation Division
MD License # 06-20051 Licensed by the Maryland Commissioner of Financial Regulation
MI License # fl0020506 Licensed by the Department of Insurance and Financial Services
NC License # L-172041 Licensed by the North Carolina Commissioner of Banks
NJ License # 878490 Licensed by the New Jersey Department of Banking and Insurance
PA License # 39247 Licensed by the Pennsylvania Department of Banking and Securities
SC License # MLS-878490 Licensed by the South Carolina Board of Financial Institutions
TN License # 124448 Licensed by the Tennessee Department of Financial Institutions
TX License # 878490 Licensed by the Texas Department of Savings and Mortgage Lending
VA License # MC-5662 Licensed by the Virginia Bureau of Financial Institutions
WA License # CL-878490 Licensed by the Washington Department of Financial Institutions
OR License# 878490 Licensed by the Oregon Division of Financial Regulation
OK License# ML014583 Licensed by the Oklahoma Department of Consumer Credit
AZ License# 1036368 Licensed by the Arizona Department of Insurance and Financial Institutions
IN License # 59987 Licensed by the Indiana Department of Financial Institutions
ID License # MBL-2080878490 Licensed by the Idaho Department of Finance
AL License # 23117 Licensed by the State of Alabama State Banking Department
OH License # RM.804884.000 Licensed by the Ohio Department of Financial Institutions
Call Us: (410) 417-5665
Email Us: nickbirch@credencefunding.com
Apply: Click Here