Washington Mutual Refinance Mortgage
If you're thinking about applying for a second mortgage, there's probably no better lender than Washington
Mutual. They offer various refinance mortgage options as well as excellent customer service and support to make your financial obligations less
burdensome.
Types of Washington Mutual Refinance Mortgage
There are basically two types of refinance mortgage offered by Washington Mutual:
fixed and adjustable rate mortgages. Other preferences you may have can easily be negotiated for either type.
Fixed Rate Mortgage
This type of
refinance mortgage is best if you wish for a simple payment structure; you won't have to compute for next month's loan payment because the value will remain the
same up to the final payment deadline for your loan. Fixed rate mortgages usually last from fifteen to thirty years, but Washington Mutual also offers a forty-year
amortization period for those interested.
Adjustable Rate Mortgages
These are generally short-term in nature, lasting only from one to five years. Their
interest rates fluctuate according to various factors but rest assured that Washington Mutual is always ready to consult with you for any adjustment or conversion you
wish to make. Different types of adjustable rate mortgages are available and some may even allow you to make interest-only payments for a specified time period,
consequently leaving you free to settle more pressing obligations you have.
If you're interested in a long-term ARM, Washington has that, too. A 10/1 ARM,
for instance, will only have the interest rate adjust after the first ten years of the loan.
5 Benefits of Getting a Washington Mutual Refinance
Mortgage
Applying for a Washington Mutual refinance mortgage allows you to enjoy various benefits, in which many of them other lenders would be hard
pressed to match, much less surpass.
Two Week Processing Guarantee
No matter what your financial needs are and regardless of the type of
refinance mortgage you're after, Washington Mutual can guarantee that your loan application shall be processed not later than two weeks.
Systematic Loan
Process
Unlike other loan procedures, Washington Mutual offers a step-by-step procedure for loan application. You'll be given clear and specific instructions as
to what you have to do in order to qualify. Once your loan application has been approved, you'll be able to acquire your funds immediately and without further trouble.
Manage Your Account Online
Unlike other lenders, Washington Mutual doesn't make it hard for you to acquire any information you need regarding
your loan. To manage and access your account online, proceed to the company's official website and submit your email address, social security number, and loan
number at their My Home Loan page.
Your online account will be activated shortly and you'll be given your login details. Afterwards, you can then find out
all the information you need from payoff to escrow accounts. You can even get a tax deduction certificate or use your account to take advantage of other add-on
products available on the website.
Documentation at Your Fingertips
If you have a need to print any document related to your Washington Mutual
refinance mortgage, the company has facilities ready to meet your printing needs any time of the day.
Immediate Fund Transfer
You don't need to look
for a Washington Mutual branch just to procure your funds. If you have an account in any major financial institution, your loan funds can be sent there immediately
through electronic fund transfer.
