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Maryland Refinance Rates- Lowest Mortgage Rates in Maryland

Maryland Refinance Rates – Lowest Mortgage Rates in Maryland

Maryland refinance rates have reached historic lows. The time to lower your rate, cash out, consolidate debt, or change your term has never been better. Even if you owe more than the value of your home you may be able to qualify for the lowest mortgage rates in Maryland.

Maryland Refinance Rates

The lowest mortgage rates in Maryland are available on government (VA, FHA, USDA) and Conventional loans (including HARP 2.0 refinance loans).

No Equity? No Problem.

With HARP 2.0, Maryland homeowners can now refinance with little or no equity. They may not even need an appraisal. And HARP Maryland refinance rates are just as low as today’s conventional Maryland refinance rates.

HARP 2.0 is a temporary program designed to help responsible homeowners who have been negatively affected by declining home values. Eligible homeowners can obtain the lowest mortgage rates in Maryland even if they are under water on their homes.

If you currently have an FHA mortgage you may be eligible for an FHA streamline refinance. Typically, these loans require no appraisal so home value is rarely a factor. Eligible homeowners can qualify for the same low Maryland refinance rates that are available on cash out FHA refinance loans.

Cash out/Debt Consolidation

With today’s low Maryland refinance rates there has never been a better time to consolidate your revolving debt into a new fixed rate home loan. Homeowners can combine their debt and save hundreds per month.

Homeowners can take out cash for home improvements, major expenses, and just about any other reason. Today’s lowest mortgage rates in Maryland make borrowing against your home more affordable than ever.

There are a variety of mortgage programs designed to help homeowners tap into their equity to pay off debt or to cash out. The lowest mortgage rates in Maryland are available on all of these programs.

Lower Rate/Change Term

Marylanders who have equity in their home and do not want to cash out can still lower their payments significantly with today’s Maryland refinance rates. Even if you have refinanced within the last few years you can still benefit from dramatically lower rates.

Also, there has never been a better time to change your term. The lowest mortgage rates in Maryland can dramatically enhance the benefits of term change. Homeowners can increase their term to lower payments, lower their term to pay off a mortgage quicker, or fix their term to get out of an adjustable rate mortgage (ARM).

Meridian Home Mortgage has access to the lowest mortgage rates in Maryland. As your broker, we act as your advocate. We do the rate shopping for you in order to secure the very best Maryland refinance rates.

We are proud of our Maryland roots. And we extend a warm welcome to our fellow Marylanders searching for the best Maryland refinance rates. Stop by to see us, call one of our Loan Officers, or apply now.