If your neighbors are paying a lower interest rate than you are on your home loan, you might wonder whether you qualify for more competitive rates and terms.
In many cases, the answer may be “yes.”
By refinancing your mortgage in Indiana, Kentucky and Florida you might be to reduce your interest rate and enjoy other outstanding benefits.
Benefits of Refinancing Your Home Loan
The exact benefits of refinancing depend on your specific scenario. But here are some possible advantages:
- You could reduce your interest rate.
- You might be able to stop paying for MIP or PMI.
- You can get more time to pay off the mortgage.
- You can change your interest rate format.
- You can renegotiate other loan terms.
When Is It Time to Refinance?
While the advantages of refinancing can greatly enhance the flexibility, convenience, and affordability of your mortgage, there is a cost to refinancing a home loan.
The key to making a refinance work for you is to time it well. How do you know if refinancing at this time will pay off? Here are some scenarios where we might recommend a refinance:
When your qualifications are more competitive. With a higher credit score or lower DTI ratio than you had when you applied for your original mortgage, you might now qualify for more competitive rates and terms.
When interest rates have dropped. If interest rates have decreased relative to what you are paying right now, it might be time to try refinancing to lock in today’s more competitive rates.
When your income has gone down. Sometimes, homeowners may turn to refinancing if their incomes have dropped. By refinancing to a longer loan term, it is possible to decrease the monthly mortgage payment for a more affordable home loan.
When you own more equity. If you pay for mortgage insurance each month, it is worth checking to see whether you now own enough equity in your home to qualify for a mortgage without insurance.
When you are consolidating. Borrowers with high interest debts can benefit from consolidating them into a home loan with a lower interest rate.
When your plans have changed. If you plan to live in your home for longer or shorter than you originally expected, changing to a fixed or adjustable interest rate might help you save money. Some borrowers also switch to a fixed rate for peace of mind.
See What Our Clients Are Saying About Us!
Jayme P.
14:51 30 May 24
Lisa Bokhari was amazing to work with. She provided us with so much information: charts, spreadsheets, property value predictions etc.. to help us make decisions and gave us choices that took into consideration our current situation and our plans for the future-breaks down stressful decisions into a step-by-step process-is so compassionate and knowledgeable about finances and loan programs-helped us so much with not only loan programs but with difficult complex decisions about multiple properties-she is very fast responding to questions and provided us with numbers and analysis often the same day we asked for it .Highly recommend. Thank you Lisa
Lamartrick D.
00:51 30 May 24
Amazing customer service!! Brady was extremely professional and helped me with my concerns in an instant!
Danielle D.
15:16 29 May 24
I have been working with the American Mortgage Solutions team for years now. Every single person I have worked with is so nice, knowledgeable, and professional. I almost feel like I'm part of the family. Shout out to Brady, Courtney, and Jamie! Thanks so much for all you do!
Refinance Now and Start Saving Today
Are you ready to find out if you qualify for a lower interest rate and other exciting advantages? Find out today if you can refinance your home loan. Please give us a call today at (502) 327-9770 to schedule your consultation in Kentucky, or at (239) 766-8344 to schedule your consultation in Florida. We are also licensed in and Indiana. Let’s get you the competitive rates you deserve.
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American Mortgage Solutions your mortgage broker in Cape Coral FL and Louisville KY. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.
These materials are not from HUD, FHA, the USDA, or the VA. These materials were not approved by any government agency. They are independent of any government agency. We are not in any way affiliated with any organization listed or referenced within this website, including HUD/FHA/USDA/VA. The inclusion of various education, information, web links, or materials are not an endorsement of the Sender or any of its employees or business partners. For information directly from HUD/FHA, visit https://www.hud.gov/guidance For information directly from the VA, visit http://www.benefits.va.gov/HOMELOANS/ For information directly from the USDA, visit http://www.usda.gov/wps/portal/usda/usdahome?navid=GRANTS_LOANS
Jayme Perez
14:51 30 May 24
Lisa Bokhari was amazing to work with. She provided us with so much information: charts, spreadsheets, property value predictions etc.. to help us make decisions and gave us choices that took into consideration our current situation and our plans for the future-breaks down stressful decisions into a step-by-step process-is so compassionate and knowledgeable about finances and loan programs-helped us so much with not only loan programs but with difficult complex decisions about multiple properties-she is very fast responding to questions and provided us with numbers and analysis often the same day we asked for it .Highly recommend. Thank you Lisa 
Lamartrick Denton
00:51 30 May 24
Amazing customer service!! Brady was extremely professional and helped me with my concerns in an instant! 
Billy Joe Harmon
21:26 24 May 24
Lisa Bokhari is where it’s at. She made the home buying process easy and smooth. There were a bump or two in the road, but she helped us navigate through. I can’t speak high enough praises. Thank you so very much for all that you do! 
A Smallwood
14:27 09 Apr 24
Brady and his team were phenomenal in helping us secure a HELOC recently. They did a great job keeping us informed throughout the whole process and was able to secure us a competitive rate. Way better than our bank was offering. I’d highly recommend working with them for your mortgage needs! 
Victoria Diaz
01:12 20 Jan 24
Working with American Mortgage Solutions has been a great experience. I worked with Kris and she answered every question and truly made our home buying experience the best. 
Skyler
05:07 18 Jan 24
Terrible service. Don’t bother if you aren’t making a ton of money. My bf and I have been together for years and have decided about 3 months ago we would like to try and see if we qualify to buy a home. We are young but work full time at reliable adult jobs. Also we have savings for a down payment. Not a ton but we qualify for FHA so I know we don’t need the usual 20%. Just trying to see what our options were. We worked with Kris/Kristal. We gave her all our info and had one phone call with her briefly about financing. She said she would contact us and let us know our budget options. Never heard back. Almost 3 months later and we aren’t interested in working with this company. I guess we don’t make enough money for her time. Would be nice to know next time instead of being led on. 
Jeffrey Gray
01:13 15 Dec 23
Top notch service. Brady and his team from start to finish were very professional, always answered the phone for any questions we had through the process to streamline our purchaseThanks again 
April Brown
18:53 25 Aug 23
I can’t express how grateful and satisfied I am with American Mortgage Solutions after an amazing 25 years of collaboration! From my very first home purchase in 1998 to my last in 2023, they have consistently provided unparalleled service that goes above and beyond mere business transactions.From day one, American Mortgage Solution impressed me with their professionalism, expertise, and genuine care for my financial well-being. They guided me through the intricate mortgage process, patiently answering my questions and ensuring I feel confident at every step.Over the years, I’ve had the privilege of engaging with various members of their team, each one providing their commitment to excellence. In an ever-changing environment, they have maintained a high standard of service that doesn’t waiver with time. 
Cora Girouard
15:54 29 Jun 23
Tara is the best! She is always available for every client myself and my team have brought to her. She is there to answer every question or concern that comes up for our clients and myself as an agent. Extremely thorough! I bring every client I can to her! Thank you Tara! 
Justin Derange
02:49 27 Jun 23
I highly recommend American Mortgage Solutions and Kris is amazing she gets right to it and answers all your questions Kris is a very hard worker and gets the job done definitely would recommend her to anybody A+ to American Mortgage Solutions 💯 
Jarod Hoover
18:45 23 Jun 23
Tara is very knowledgeable, responsive, professional, timely, and always keeps an open line of communication. Our transaction was smooth sailing! She specializes in multiple loan options that others don’t have. I highly recommend going to Tara for all of your mortgage needs! 
Jerrod Markstahler
19:37 20 Jun 23
Tara King was a huge help for my wife and I when mortgaging our new home. We could not have asked for more. We were 750 miles away and nervous. Never failed to answer our questions even WELL AFTER normal business hours. Thank you Tara! 
Mary Dunne
19:14 20 Jun 23
Tara provided a stress free loan process and she kept us up to date the entire time. Happy buyers, happy sellers, happy Realtors! 
Chasidy H
15:36 14 Jun 23
I just completed my first home purchase with Kris. She worked so hard to get my loan and no matter what happened was able to overcome every obstacle. I would highly recommend. 
Jeff Hashbarger
12:09 08 Jun 23
Tara King is a true ROCK STAR! She helps my team and I with whatever it is we throw and her. Her knowledge of the industry, due diligence and attention to detail help make her so good at all she does for her clients! Thank you Tara:) 
Sylvie Acovski
14:29 07 Jun 23
American Mortgage Solutions is amazing. They always answer the phone and do a great job of explaining everything in a way that makes it easy to understand. For anyone looking for a mortgage, I highly recommend AMS. 
Michelle Fransen
15:40 19 Apr 23
Tara did amazing job helping me and my buyers close on their new home. It wasn't an easy situation with the buyers, but Tara put in the extra work and went the extra mile to get them approved and closed on time. She was responsive, receptive and so easy (and fun) to work with! I look forward to working with her more in the future. 
Sarah Johnson
18:25 17 Apr 23
Tara King was amazing! She and her team were able to pick up a contract 2 weeks in, deal with unusual circumstance, and get it closed... early to boot! Amazing job. 👏Thank you Tara🧡-Sarah Johnson, REALTOR 
Gary Demetreon
18:04 17 Apr 23
Huge thanks to Tara King for working her magic to get me into my new home!! Her and her team worked like champs to get me to closing in lightning speed!!! So grateful!! 
Justin
17:26 13 Apr 23
Carli Sherman
18:47 28 Nov 22
Kris was wonderful! She went above and beyond for us. we couldn't be more thankful 
Scott Chapman
14:56 28 Nov 22
American Mortgage was extremely helpful and and got me taken care of immediately. They are the best! 
Naomy Sanabria
17:59 23 Nov 22
Travis Egan was great! I was a first time home buyer and he explained everything in great detail and answered any questions I had. I definitely recommend AMS! 
Gary Medley
17:13 23 Nov 22
Travis and American Mortgage Solutions financed the purchase of my daughter's home in KY. The process was smooth and all communications were very timely. It went so well that I had them do a re-finance on my home in FL. 
adam mather
17:21 08 Nov 22
We have used them multiple times and Brady and his team have always be n the best. We wouldn’t go anywhere else! 
Wendy Turner
18:12 30 Aug 22
Travis Egan with American Mortgage Solutions made the home buying process extremely easy. Any questions I had, he was right there to answer them in a way that made complete sense. I would recommend Travis and his team 100 times over. 
Sandra Mlinarcik
21:31 11 Aug 22
Travis, and everyone involved with the loan process, has been very responsive and supportive. I can recommend American Mortgage Solutions unconditionally. This company exceeded my expectations. 
Miguel Blanco
17:14 14 Jul 22
I have to say, I've been working with Jennifer Meinecke and she is absolutely amazing! Very Professional, knowledgeable and helpful. I just want to tell Hern thank you so much for all you do! I will continue working with you! 
Ashley Hardy
23:21 01 Jul 22
We had a great experience with this company! Kerie is amazing and was so helpful throughout the whole process. Buying a home is an overwhelming experience, especially as a first time home buyer, but they made the experience so seamless! Would definitely recommend! 
Railey Cain
21:43 22 Jun 22
Kris is not only very professional during the entire process, she also made it easy and stress free for us! She was so helpful, and her attitude is always positive and upbeat! I would recommend this company looking to purchase a home! Whenever something needed done, Kris was two steps ahead tackling it! 
Mike Hesketh
19:58 12 Jun 22
American Mortgage Solutions was everything you would want for the process - responsive and timely with communication, technically strong with great advice in finding the structure that worked best for us, and accurate/reliable in executing the full process.A very positive experience. 
Mikayla McGraw
15:27 07 Jun 22
I worked with Kris Raines during my homebuying experience and she was amazing to say the least! She took so much stress off of the whole process and really made it as easy as possible. She was very responsive very kind and very informative. I highly recommend working with her as she will make the process as smooth as possible for you. I felt she took very good care of me as a client she kept me informed of where we were at in the process as well as prioritized any questions I had and got back to me very quickly. I have three kids two dogs and was moving cross country from Washington to Florida so a lot going on. Kris took so much weight off of moving from me. I can’t thank her enough which is why writing this review because it’s the least I could do. If you are in the process of buying a home or looking to buy a home please get in contact with her because you will have an amazing experience! 
Steven H
16:01 26 May 22
Jeremy Fultineer
18:07 24 May 22
American Mortgage Solutions has the best customer service. They make the mortgage loan process easy and comfortable. Five Stars! 
Charles Gillespie
16:07 28 Apr 22
Janet Brandenburg
21:09 11 Apr 22
We have had 3 contracts , first one fell through because it did not pass inspection, 2nd one was new construction that fell way behind and the 3rd one was our perfect home. Travis was there through all the ups and downs. He was always available to answer any questions we had.Danielle was our loan processor, she walked us through all the things we needed to get together. She would communicate with us and answer any questions we had.I would recommend Travis and Danielle to anyone, family and friends. This was by far the best experience in buying property that we have had in the last 30 years.Professional and friendly, the best. 
Joanna Erickson
15:17 07 Apr 22
Every bank told me they couldn’t help me refinance because I hardly had any credit score due to not using credit cards but this business got me approved immediately and now my credit score is well over 700. I highly recommend! 
Barbara Durkee
13:21 07 Apr 22
Kylie Nustad
22:34 24 Mar 22
I loved working with Jennifer Meinecke! She was so helpful, friendly and knowledgeable! I highly recommend working with her and this company! 
Virginia Brown
00:13 24 Mar 22
Can I share with you what a great company this is!!! Jennifer Meinecke is so sweet and hands down the one I would recommend. She actually cares about you and your needs which is phenomenal!!! It’s hard to find an honest person to really put your trust in, but I will be definitely using her knowledge and help again and refer EVERYONE I know to her!! Thank you for being so awesome at what you do, it shows!! 
D Wright
14:27 23 Mar 22
Jennifer Meinecke helped our daughter and son-in-law purchase their home. She was very friendly and diligent. She was helpful to make sure any issue was resolved quickly. 
John-Michael Criswell
15:19 22 Mar 22
This company was excellent to work with. Most of the time people only share reviews about companies if they had a negative experience. But my experience was so good with this company that I was compelled to write a review. I highly recommend them for your mortgage needs! 
Aw Chestnut
18:23 17 Mar 22
They helped me get a solid loan and did not have to worry at all thanks guys!💖 
Cassandra Brown
15:26 16 Mar 22
This is such a great company to get a mortgage from! They helped me from A to Z and navigate my first home buying experience with ease! They are available day and night and will go above and beyond to help you get that mortgage! I will refer all my family and friends here 
Juan Vega
19:02 07 Jan 22
Brady and his team exceeded all of my expectations.Easy to communicate with them and they get the job done. 
Sheena Odom
16:09 09 Dec 21
Tara is great! She is extremely professional and always available when needed. Highly recommend. 
Cherie Lee
22:20 07 Dec 21
Brady was so great to work with. I was going through a hard time personally during the financing of my first home. He went above and beyond to make sure everything was taken care of. He personally tended to things to make my life easier and to make sure nothing slipped through the cracks. His level of compassion and dedication is like no other. He made the loan process bearable during one of the darkest and most heartbreaking times of my life. I was blessed to get to work with him and hope to have the opportunity to work with him again on a future purchase one day. 
Purna Tamang
14:24 07 Dec 21
Alan Manias
14:54 26 Oct 21
Nancy Pittman
14:41 02 Oct 21
Travis and Matt provided great service during the mortgage loan process. They were responsive to questions and made sure it moved along. I would definitely recommend to others. 
Carrie Cotton
15:28 16 Sep 21
Maureen Sowder
13:55 08 Sep 21
What a great experience! We weren't sure if we were going to refinance it not. When we had a conversation with Kerie Stevens, she asked us what our goals were then very thoroughly explained different scenarios for us to consider. It was easy to make a well informed decision to move forward. We are so thankful we did and Kerie made it a breeze from application to underwriting to closing. Easy, peasy, even long distance! Thank you, Kerie! 5 stars! 
Nancy Parisi
22:55 07 Sep 21
Crystal Dancer
16:39 04 Sep 21
Tara King is a gem to work with! She was highly informative, responsive to my needs and was able to work miracles that others hadn’t been able to achieve! I would highly recommend working with Tara and American Mortgage Solutions for all your lending needs! 
Dustin Talacko
14:15 04 Sep 21
We are on our 4th mortgage and just used Tara for the first time. She is the best that we have ever used and will use her on all investment properties moving forward. Creative, responsive and on top of the fine details. Strongly recommend. 
Jeremy adams
13:44 04 Sep 21
Devan Keown
17:22 03 Sep 21
mosh life
15:05 03 Sep 21
Couldn't have asked for a better experience purchasing my first home. Kris was wonderful to work with. 
Danielle Loder
14:08 03 Sep 21
Kevin Pate
13:47 03 Sep 21
Brady and Travis are some of the best people that you will ever meet in the mortgage business! Genuine, friendly, professional, trustworthy.No need to go anywhere else for your your home buying services!!! 
Lindsey Conn
13:38 03 Sep 21
Daleigh Kranz
00:24 03 Sep 21
American Mortgage Solutions handled our mortgage loan perfectly. The team was friendly and fast, and were always easy to get in touch with. Thank you! 
Allison Riggs
16:55 02 Sep 21
American Mortgage Solutions put my family first! I'm so glad we chose them for our mortgage needs. The communication was great and everything was finished quickly! 
C.D.
16:08 02 Sep 21
American Mortgage Solutions made the loan process easy, and we were to the closing table quick. Thank you for everything! 
Aaron Constant
22:27 31 Aug 21
American Mortgage Solutions helped us understand the loan process, so we knew we were in great hands with our mortgage! 
Evan Fowler
18:42 30 Jul 21
American Mortgage Solutions did an amazing job for me! Communication was top tier, and I always felt well-educated. I always recommend them for mortgage loan needs. 
Rhonda Burden
09:40 22 Jul 21
Travis and Brady were so knowledgeable and professional it made this process go so smoothly that we were able to close quicker than anyone could believe! The care and personalization that was given you would have thought that it was them buying a home for their own family! I can not say enough positive things about the smoothness and professionalism and personal care that came from using American Mortgage. God could not have steered us in a better direction. Is was clear to me once we started moving through this process that this was the mortgage company we were supposed to use. Thanks to them (& God first, of course) we have our beautiful Florida home! Many many thanks to Travis & Brady! 
Tim Davis
20:24 20 Jul 21
Brady and his TEAM at American Mortgage Solutions are top notch and very knowledgeable in this ever changing mortgage and real estate industry. I am working closely with them to provide financing for those with financing struggles; whether it be self employed borrowers, foreign nationals or even those who may have had certain credit setbacks.All in all, you can know that you will be taken care of honestly. 
Julie Perschau
17:34 20 Jul 21
I have had the luxury of working with AMS for my past 2 refinances. The first one I wanted to do a cash out refi. I went to a lender and they said they were not able to help me. I went to AMS, and Brady Webb completed the cash out refi and lowered my interest rate. I went back to them for my second refi and they lowered my rate yet again. They are very helpful and I would highly recommend them to anyone! 
Laura Brian Sawdo
11:46 16 Jul 21
AMS has been an exceptional company to work with. The are attentive to our needs and very timely in their responses to our requests. They have given us sound advice to some of our most challenging hurdles with buying a home or refinancing our current home. I sincerely appreciate all they have done to make the loan process as seamless and painless as possible! Thank you AMS, you have restored my faith in mortgage companies! 
Stephanie Burkhardt
15:52 14 Jul 21
Kristal at American Mortgage Solutions helped make our dream of owning a home a reality! We just purchased our first home in June and have heard how stressful the process can be. Kristal was attentive and informative during every step of the way and made it as seamless and stress-free as possible for us. I literally could not have asked for a better experience and will recommend her to anyone and everyone I know for their mortgage needs! 
Anthony Watson
22:03 08 Jul 21
American Mortgage Solutions is one of the best , they are always 2 steps ahead . Travis and Matt were great to work with . Thank You Guys for serving us with Excellence!!!! 
Miranda N
21:26 29 Jun 21
Kris with American Mortgage Solutions helped us so much in making sure we understood everything as first time home buyers!! Made the process so much easier for us! 
Diego Gonzalez
01:05 28 Jun 21
Highly reccomend. Service was unmatched compared to the other companies I have used in the past. AMS made the process easy for me. Brady Webb was great. 
Erica Rosenbaum
22:22 27 Jun 21
I couldn't be happier with the communication and service from AMS. They were very responsive and answered all my questions to ease my nerves from start to closing. 
Michelle Godinez
21:56 27 Jun 21
American Mortgage Solutions was a pleasure to deal with. They made the mortgage process smooth and easy. They communicated with me often and made sure to keep me and my realtor up to date. Highly reccomend their services. 
MJA
13:05 06 Apr 21
Brady and his team made the entire mortgage process an absolute pleasure.I highly recommend them for all your mortgage needs. ×