Refinance Your Mortgage and Save
Refinancing your mortgage can be a smart move to lower your monthly payments, secure a better interest rate, or unlock the equity in your home. At Beam, we’re here to make the process simple, transparent, and tailored to your financial goals.
A Smarter Way to Manage Your Mortgage
1. Review your goals
Let’s discuss what you hope to achieve through refinancing, whether it’s saving money or accessing funds.
2. Explore loan options
We’ll help you compare refinancing options, including rate-and-term and cash-out refinances, to find the right fit.
3. Apply and Lock Your Rate
Once you’ve chosen a loan, we’ll guide you through the application process and secure a competitive interest rate.
4. Close and save
Finalize your refinance and start enjoying the financial benefits of a restructured mortgage.
Do I qualify?
To qualify for a mortgage, lenders typically require that you have a debt-to-income ratio of "43/49." This means that no more than 43% of your total monthly income (from all sources, before taxes) can go toward your new mortgage payment, and no more than 49.99% of your monthly income can go toward your total monthly debt (including your mortgage payment). VA and FHA loans even allow for higher debt ratios on a case by case basis.
Start your journey today
Your dream home is closer than you think! Let us help you find the perfect mortgage solution to make it a reality.