Here at Lighthouse Mortgage Corp, we aim to assist you with all of your needs for mortgages on Long Island. We have a variety of options that are affordable and can perfectly suit your financial situation. We understand the complicated process when it comes to purchasing a new home or refinancing your current one. That’s why our Long Island mortgage company works to simplify the process for you. Whether you’d like to reverse your mortgage, examine alternate loan options, or refinance, we have all of the services you need. Trust in us as a leader of the industry for mortgages on Long Island. Our professionals will help you determine what solution will work best for you, as each has its own distinctive advantages. We want to make sure you have no financial hardship when your mortgage for your Long Island home is concerned, so you can continue to live comfortably.
We can easily help you refinance your current mortgage! Although refinancing can be a difficult process, we’ll make it easy for you. In fact, many homeowners are looking to refinance their mortgages on Long Island due to the benefits that the process can provide. The main advantage is that it can actually reduce your debt. Refinancing is accomplished by taking out a loan solely to pay off the remaining mortgage on a home. Although regular financing is not insured by the government, you have the ability to change your payment amount or even the type of rate of your mortgage. For mortgages on Long Island, we can also perform debt consolidation. This strategy involves consolidating all of your home’s debts into one payment that you can afford every month. This often involves reduced interest rates as well.
In addition, we have many loan options available for mortgages on Long Island. One that’s common is a conventional loan, which can either be a fixed or adjustable rate mortgage. Although they require a significant down payment and good credit standing, conventional loans offer a good amount of adjustability. Meanwhile, conforming loans require a lower credit standing and must meet the requirements of the federal government. Of course, we offer many other options as well. When you call us regarding mortgages on Long Island, we’ll go over your options with you and advise you based on what you’re qualified for.
Besides our other options, we also offer reverse mortgage solutions on Long Island. These are a great option for seniors over the age of 62, as a reverse mortgage allows you to take money from it. Meanwhile, this is exchanged for the equity rights of the home. Often times, it’s not required for reverse mortgages on Long Island to be repaid until the last borrower leaves. This leaves your family members to repay the loan, or they can simply give the home back to the bank. When you speak with us, we can help you discover many other benefits of a reverse mortgage as well.
For your convenience, Lighthouse Mortgage Corp offers quick quotes! Contact us today at (631) 382-7310 to learn more about our services for mortgages on Long Island. We look forward to hearing from you, as we highly recommend any of our services for dealing with your home’s debts. We’re certain that they can help put you in a better financial standing.
These materials are not from HUD or FHA and were not approved by HUD or a government agency.