call today

How can we help you today?

Refinance Loans

Refinancing is often used to lower your interest rate. If rates have dropped since you last financed your home, you may want  to consider refinancing. Other common reasons to refinance include paying off a balloon payment, converting an adjustable rate loan to a fixed rate loan or to extract cash equity in your home (cash out). A few reasons for cashing out include: home improvement, an education fund, and consolidating debt. Just imagine what you could do with an extra $100, $300 or more each and every month. You might decide to apply the savings toward your loan balance and build equity faster. The best thing is, you’re in control! You decide what is best for your family!

Top 5 Refinance Benefits:

  • Reduce your interest rate
  • Cash-Out equity for Home improvements
  • Consolidate Debt
  • Lower Monthly Payments
  • Clear mortgage debt in less time

Conventional Refinance Loan

Any purchase mortgage which is not insured or guaranteed by a government agency such as FHA, VA, and USDA are considered a conventional refinance loan.

Cash-Out Refinance Loan

With cash-out refinancing, you refinance your current mortgage for more than you currently owe.  You take the difference in cash.

Debt Consolidation Refinance

A debt consolidation refinance allows you to roll all your debts into a single, monthly bill. This not only simplifies the payments, but can also provide real debt relief by reducing those monthly payments as well.

FHA Streamline Refinance

An FHA Streamline Refinance is one the simplest and easiest way to refinance an FHA loan. Unlike a traditional refinance an FHA Streamline Refinance allows a borrower to refinance without having to verify their income and assets.

VA Streamline Refinance

One of the best options for homeowners who already have a VA loan and would like to refinance into a lower monthly mortgage rate.

About Us

CHM Lending is a local mortgage broker founded in 1992 and located in Medina, Ohio. Our company offers a full range of mortgage loan products including Conventional, FHA, VA, USDA, Construction, and Renovation loans. Our team has a combined 75 years of experience in the mortgage industry and was voted Best of The Best in Medina County in 2017. We use a common sense approach with all of our clients and we work with many different lenders to be able to offer the most competitive rates and costs coupled with amazing customer service.

Like Our Page

Facebook Posts

6 days ago

CHM Lending

As a scarecrow, people say I’m outstanding in my field.

But hay, it’s in my jeans.
... See MoreSee Less

View on Facebook

Contact

CHM Lending ™ A Division of: Consolidated Funding Corp.
2425 Medina Rd Medina, OH 44256
NMLS #243256
Privacy Policy
CHM Lending NMLS Consumer Access
Ohio License #MB.800906.000
Pennsylvania License #55198