Refinancing Loans, by East West Mortgage. When rates are going down, most people refinance to save thousands. At East West Mortgage Company, we can locate the best rates with no points or closing costs. Cashing out can help you pay off college debts, car payments, and unpredictable expenses.
Many people start out with an adjustable rate mortgage because the payments are very low at first.
However, if they keep the loan long enough they can end up paying too much. You don't have to accept this rate increase. It is possible under this program to have closing costs, escrows, and up to two mortgage payments financed. As a veteran, you can save two months of mortgage payments and receive a cash escrow refund from the current lender under our VA Streamline Refinance.