The Client

International school mathematics teacher purchased a home in 2019 with a high-interest rate. Since she had long term tenants and the rent was covering the mortgage, she hadn’t thought about refinancing until one of her colleagues mentioned lowering their mortgage rate using America Mortgages.

How We Helped

Although we gave her a very detailed report on the various options, including releasing up to $68,000 in cash out of her property, her priority was to get the lowest rate possible and maximize the rental yield.

Loan Details

NationalityProperty ValueLoan AmountLTVRate
U.S. Citizen $313,000 $181,450 58% 3.35%
Term StateProperty TypePurposeLoan Type
30 year fixed Tampa, FloridaSingle-Family Residence (SFR)RefinanceResidential
NationalityU.S. Citizen
Property Value$313,000
Loan Amount$181,450
Term30-year fixed
StateTampa, Florida
Property TypeSingle Family Residence
Loan TypeResidential

Schedule a call with our U.S. Mortgage Specialist.