Refinance in Wash DC

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Your website says there is no closing cost to refinance in Washington DC. Is this correct. I\'d like to refinance my property recently appraised at 658k(11/2011) outstanding mortgage $546k(1st $371K + 2nd $175K) what would the rate be and what would the cost be. Thanks.

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Answer #1

Thanks for contacting us. Yes we can offer no closing costs loans. It comes down to your credit score and type of property you own, condo versus SFR or perhaps a 2 unit?
Also what would you like to do with the second mortgage, roll it in or subordinate it to a new first? You have some options. If you would like to explore what the best one is let me know and we can get started.

Thanks,

Brent Mendelson
Senior Loan Officer
Monarch Mortgage
600 Jefferson Plaza, Suite 400
Rockville, MD 20852
240-403-1970 Direct
301-412-0259 Cell
http://www.monarchmtg.com/bmendelson
http://www.brentmendelson.com
nmlsr#111407

Answered By: Brent-Mendelson Level Rating

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