Hans Schoff started in the real estate, finance and mortgage industry back in 2004, assisting clients and helping ensure they get the best mortgage product to fit their current needs. Whether purchasing a new home for the first time, moving up the ladder, relocating or downsizing, Hans will make sure you get the right program and best lending parameters. And if you’re looking to refinance, to pay off or consolidate debt, start a new business or hobby, add onto your home or just get a better rate and term, he can assist you with that as well! If you have any questions, call or shoot Hans a text anytime. We appreciate your business!
NMLS # 1578360
Please note: You will be taken to an application page that will require you to create an account if you have not created one already.
If you are looking for a lower rate to ease cash flow or a shorter term to get your mortgage paid off sooner, we can help you make the RIGHT decision.
Getting a new mortgage to replace the original is called refinancing. This process allows the borrower an opportunity to obtain a different interest term and/or rate. The first loan is paid off, then the newly refinanced loan goes into effect.
It is common for people to refinance when they have equity in their home, which is the difference between the amount owed on their mortgage and the appraised value of the home. In that situation, the borrower has an option to “cash-out” (hence the term cash-out refinance) the value of their home equity allowing them to remodel their home, consolidate debt, pay for college, or other expenses.