Top-Rated Home Loans and Refinancing in Reading

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Home Loan and Mortgage Refinance Lenders in Reading

In today’s high-stress world, we’re looking for faster, simpler solutions at every turn. That’s just what we offer at Academy Mortgage—a home loan process that’s so easy you’ll wish you did it years ago!

You may have been putting off applying for a home loan because you are worried that as a low-income earner, you may not qualify. But our mortgage experts can assure you that you are by no means automatically disqualified as a homebuyer simply because your income is low. In fact, there are many home loan programs out there earmarked just for low-income earners. We can help you find them.

If your income is stable but a Conventional Loan isn’t enough to cover the cost of the home you want to buy, talk to our mortgage lenders about a Jumbo Loan. These oversized loans are perfect for funding the purchase of upscale homes.

Nothing should stop you from achieving your dream of homeownership. Whatever excuses you have been making to put off applying for a home loan, make a promise to yourself this is the year you’re going to stop paying rent every month and finally take the plunge. The professional team at Academy Mortgage of Reading can show you how.

 
 

Our Home Loan Options

You are probably not aware of the dizzying array home loan options available to potential homebuyers today. But that’s OK—you don’t have to be, because that’s our job at Academy Mortgage!

We’re the experts on all types of home loans, from Conventional Mortgages to VA Loans and Jumbo Mortgages to USDA Loans. We will help to match you with the right home loan option for you.

 

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Fixed-Rate and Adjustable Rate Mortgages

Should you get a fixed-rate or an adjustable-rate mortgage? The trained professionals in our Reading office can go over your options with you. Call today to learn more!

Find out more today.

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FHA LOANS

Federal Housing Administration Loans are set aside just for low-income homebuyers. Contact the friendly team in our office today to find out how to get an FHA Loan in Reading!

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State Housing Agency Loans and DPA Programs

State Housing Finance Agency Loans and Down Payment Assistance programs were created to help low-income individuals and families secure home loans. Ask us if you qualify for one of these programs.

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USDA Loans

Do you dream of living out in the country? The U.S. Department of Agriculture offers loans to low-income homebuyers willing to live in a rural area. Call our Reading office for more info.

Find out more about this program today.

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Conventional Mortgages

Homebuyers who have good credit scores and money saved up for a down payment may qualify for a Conventional Mortgage. Ask our lenders in Reading for more info.

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VA Loans

Veterans Affairs provides 0% down home loans to Veterans as well as surviving spouses of Veterans. Call the mortgage lenders in our Reading office to see if you qualify.

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Renovation Loans

If you want to put on an addition, add a bathroom, finish your basement or complete another big remodeling project, talk to our mortgage lenders in Reading about a Renovation Loan.

Learn if you qualify.

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Refinance Loans

Mortgage refinancing can help you save money on your home loan. Contact our Reading mortgage lenders to see if now is the right time for you to refinance.

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Jumbo Mortgages

Do you have your eye on a stunning home in Reading? When a Conventional Loan is inadequate to cover the cost, ask our mortgage lenders about a Jumbo Mortgage.

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Reverse Mortgages

Homeowners 62 and older may qualify for a Reverse Mortgage. Talk to our team in Reading about tapping the equity in your home to fund your retirement.

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First-time Homebuyer Loans

First-time homebuyers in Reading can apply for special home-loan programs designed just for them! Talk to our expert lenders to find out if you qualify for 0% down and no closing costs.

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Mortgage Refinancers for Reading, Massachusetts

Many homeowners opt for mortgage refinancing as a way to save money on their home loan. It’s a good strategy, but you have to move on it at the right time.

The most common reason propelling homeowners to seek mortgage refinancing is a drop in interest rates. When interest rates fall at least a percentage point lower than they were when you took out your loan originally, there's a possibility that you could save money by refinancing.

The lower interest rate saves you money over the life of the loan, but if you increase the term, you may get substantially lower payments as well. On the other hand, if your financial position has improved, you may opt to shorten the term of your loan. Your monthly payments will likely be larger, but you’ll be done paying on your home loan sooner, and that will save more money.

When you refinance, you sometimes have the option to receive cash back. You can use that cash to pay down debt, take a vacation, or fund a remodeling project another expense.

You also may be able to switch from an adjustable-rate mortgage to a fixed-rate mortgage when you refinance. An ARM is dependent on the rise and fall of interest rates, so it’s hard to determine how much you would save with this move, if anything, but you would stabilize your monthly payments.

Mortgage refinancing is often an astute move, but it’s not always the case. That’s why it’s important to work with a mortgage company you can trust. Rely on Academy Mortgage of Reading, Massachusetts, to help you with mortgage refinancing.

Why Choose Us?

Our customers love us because they know we’re here for them whenever they need us. When you work with Academy Mortgage, you know you can come into our office anytime and see a familiar friendly face. You might see us around town in the grocery store or tavern—say hi! We’re members of the local community, but we’re also part of a larger, national network of lenders, which allows us to offer competitive rates and terms. Call or stop by Academy Mortgage today, and find out how we can help get you into the home of your dreams!

 

CONTACT US for more information about Academy Mortgage, your 1st CHOICE Home Loan Lender!


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