Dedicated to our community.  Dedicated to our clients.

ph: 512.459.1110 | * for more information contact us

Dedicated to our community.  Dedicated to our clients.

3009 North Lamar, Austin, Texas 78705

ph: 512.459.1110 | * for more information contact us

Why Refinance?

Refinancing your home or commercial property is one of the smartest decisions you can make. Refinancing allows you to save tens of thousands of dollars over the life of your loan. Perhaps your credit rating has improved over the years since you first made your investment, or maybe interest rates have changed to your advantage. In either situation, refinancing your loan is a fiscal plus in most cases. Home refinancing guidelines will vary from loan application to loan application. For example, refinancing your primary residence is very different than refinancing an investment property.

Types of Refinance Loans

There are two distinct types of refinancing in Texas: Rate and Term Financing and Texas Cash Out.

Rate and Term Financing: This is the name used when no cash is taken out from the refinance transaction. You may not pay off any other debt except the mortgage lien on the subject property. All that Rate and Term refinancing does is restructure the rates and the terms.

Texas Cash Out: This is when funds are taken out of a refinancing transaction. The money can be used for any purpose provided existing liens are paid off with this loan first. By using this cash to pay off credit cards, or any loan with a higher interest rate, consumers can save thousands of dollars in a short period of time.

Texas home refinance and Texas cash out is limited to 80% of the home’s appraised value.

Do you have questions regarding refinancing your property? Give us a call and we’ll be happy refer you to a lending specialist who can discuss your options.

Organizations supported by Midtown

  • AIDS Services of Austin
  • Austin Children's Shelter
  • Austin Community Foundation
  • Austin Council of the Blind
  • Austin History Museum
  • Austin Museum of Art
  • Caritas of Austin
  • Emancipet
  • Equality Texas
  • Hill Country Ride for AIDS
  • March of Dimes Foundation
  • Octopus Club
  • Out Youth
  • Polari (formerly aGLIFF)
  • Project Transitions
  • Susan G. Komen Foundation
  • Ronald McDonald House
  • Waterloo Counseling Center


Midtown Independence Title • 3009 North Lamar Blvd., Austin, TX 78705 • (512) 459-1110

Austin Web Development by Site Street
© Copyright 2017, All Rights Reserved.