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Get the best mortgage loan for you!
When you decide to buy a home or refinance a mortgage, it's a big step. You can trust us to find the loan program that's best for you. Once you apply for a mortgage at Main Line National, you will never have to search for financing again. At Main Line National, we only employ loan officers that are honest, knowledgeable and experienced. Combined with our highly skilled processing and underwriting staff, our clients get the best service possible. We value and respect our customers, which is a noticeable difference in today's Internet driven world. At Main Line National Mortgage, we provide you with excellent service whether you are a seasoned mortgage shopper or not. Please feel free to call us any time for a free consultation to determine which of our products best meet your financing needs.
Please navigate our website to learn more about us, what we do for you, and how easy it is to get started.
WHEN SHOULD I REFINANCE?
Knowing exactly the right moment to refinance your mortgage is as difficult as trying to predict the weather. That is precisely why many experts suggest if you find a good deal that saves you a significant amount of money, it is probably not worth try to beat it by trying to predict the mortgage rate market.
What rate would you need before refinancing makes sense? That depends largely on your current interest rate, amount of principal paid off, and the fees to refinance. Refinancing your mortgage isn’t a free process. You need to take into account the various fees involved in the refinancing process.
How long you plan on staying in the house you are refinancing needs to be taking into account. Are you planning on staying in your home a short or long period of time? You’ll need to choose between a fixed-rate loan (longer term) or an adjustable-rate loan (shorter term), and whether or not you will be charged a prepayment penalty if you pay off the mortgage early on longer stays.
Every loan applicant should request a breakdown of the various fees you will be charged to refinance your mortgage. When you refinance a mortgage, you should expect to pay in upwards of two to three percent of your total loan amount in application fees, title insurance, title search, lender fees, etc.
Once you’ve received a deal, you need to decide if refinancing is worth it. Simply divide the total up-front costs by the savings you will receive monthly with your new mortgage. Your next step should be to determine how many months it will take to break even on the deal. If you find that it will take three years to break even and you see yourself moving out of the house in two years, refinancing your home simply does not make sense. However, if it takes three years to break even and you find that you can see yourself living in that home for a decade or so, then your best bet might be to accept that deal.
Remember to compare prices and rates, and to be very weary of offers that seem too good to be true. Also take note that different things will factor into the rate you will be offered like your credit or FICO score, loan amount, etc.
Please feel free to call us any time for a free consultation to determine which of our products best meet your financing needs.
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**JOBS**JOBS**JOBS**
We are now accepting resumes for the following positions:
Underwriter
Processor
Inside Loan Originator
Outside Loan Originator
Receptionist
Compliance Officer
Please e-mail your resume to info@mainlinenational.com.
T E S T I M O N I A L S
"Doug, you were both very accessible and helpful." Ryan - Doylestown, PA 4/16/08
"Thank you for a stress-free loan experience! The professionals at Main Line National closed my loan quickly and easily - I also got a rate I am satisfied with." Harry
"I really enjoyed working with my loan processor, _________. She made the process simple. If I refinance in the future, I'll definitely call Main Line National." Deirdre
"Thank you for your help with the process of the loan for our home. We appreciate your speed and effort." Shabih K.
"Hey ________, how are you? I hope you had a nice Thanksgiving. I just wanted to thank you for the wonderful service you gave me on the mortgage. As you know, I shopped around quite a bit, and you by far, had the best rate and the lowest fees. However, sometimes, when find someone who is offering you the best rate and the lowest fees, you expect to maybe compromise a bit on the service. Surprisingly, that was not the case with you. The service you offered well exceeded my expectations (and I have pretty high expectations). I will definitely be referring friends, family, and business contacts to you. In addition, I hope to work with you again in the future on other transactions. I’m copying ________ on this email since I know she handles quite a lot of closings and is probably asked for mortgage broker referrals all the time. I highly recommend working with ________. Again, thanks so much for your help. You made what is a usually a very difficult process, seemingly painless." Carmen M.
"The house closed without a problem and I just wanted to thank you for all your efforts! I'm so glad we got the rate you always promised. I appreciate that! ;-) A lot of people tell me horror stories of mortgage companies not delivering on what they say." Chantal
"We really appreciated all your help in the purchase of our home.. We were pleased you were able to get a rate below what we locked in at and that you were so on the ball with communicating with the title company and seller's representative. I also appreciated that you always answered my questions promptly and kept me informed of what was happening. Once we're settled in our home, we're thinking of buying an investment property, so we'll definitely keep you in mind when that time comes!" Bob N.
"I thought the refinance process moved swiftly and efficiently. The communication level was helpful and follow-up conversations and phone calls were appreciated. I especially appreciated that I did not have to travel anywhere, but all documents could be e-mailed or faxed and appointments could take place in my house or where I work." Nathan
"I thought you and ________ did a fabulous job. There were the usual glitches with any refinance, but you handled them with aplomb." Frank
"Just wanted to thank you for your help with my recent re-fi. You made the process painless and efficient. We moved quickly from the initial discussion to the actual closing. You were responsive to questions and attentive to details. I enjoyed working with you." Alison P.
"It was a pleasure working with you on my refinance. I appreciate that you were able to respond to my e- mailed questions in a timely manner throughout the process. Further, it was helpful that you quickly resolved the timing issues with the appraiser to get that done at a convenient time for all. I have a demanding job and busy evening, graduate school schedule, so it was essential I work with a broker who would make things as easy for me as possible. You were successful in doing so. Further, you were always pleasant in the process." Lea Ann M.
"Everything went so smoothly. I was especially impressed with ________'s gentle persistence in staying in contact with me after my first call for information. The ease and speed of the process was also especially positive. All in all I would definitely recommend Main Line National Mortgage to anyone." Gretchen S.
"I would like to thank you and ________ for excellent and expedient service! I had a very short turn around time for my mortgage commitment, but you helped me to meet the deadline. I will be sure to tell my friends and professional colleagues that Main Line National Mortage is the place to go for great mortgage rates and personalized customer service!" Maureen G.
"Again thanks for all your efforts and going out of your way and taking the extra mile to get it all done. You saved quite a few families from a lot of grief as it would have been quite the domino effect wreaking sales across the country, if you didn't work your magic." Mike
"A quick note to say 'Thanks!' to you and your staff for assisting me with the refinancing of my home. Everything went as smoothly and painlessly as any real estate closing/refinancing I’ve been involved with. I will recommend you to anyone seeking a new mortgage or refinancing for their real estate." Glenn
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