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Apply today for the mortgage
that’s right for you.
Unlock Low Rates with Ease
Discover how Geovanne Colon simplifies the mortgage qualification process for you.
Low Rate.
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Low Rate.
Zero Hassles.
Get a free quote
Feel Overwhelmed by Mortgage Choices? I Understand.
Feeling Lost in a Sea of Mortgage Options? Finding the right mortgage can be a daunting task. With an overwhelming array of rates, terms, and lenders, it's easy to feel lost and uncertain. Are you worried about high interest rates, hidden fees, or choosing a mortgage that doesn't fit your long-term goals?
Welcome to Your Gateway to Home Ownership
Embark on a seamless journey towards your dream home with Geovanne Colon, your trusted ally in mortgage solutions. With years of expertise and a commitment to securing the lowest rates, my mission is to transform the complex landscape of home financing into a simplified, transparent path leading straight to the keys of your new home.
Why Choose Us?
Ready to Start?
Your perfect home won't wait forever, and neither should you. Begin your journey today with a loan officer that puts you first. By choosing us, you're not just getting a loan – you're gaining a lifelong partner in all your mortgage endeavors.
Start your no-obligation consultation now and join the myriad of satisfied homeowners who have unlocked the doors to their future with ease and confidence. Dive into our world of simplified lending, and let's turn your homeownership dreams into reality.
Welcome Home!
Loan Programs We Help With
Seamless Solutions, Limitless Possibilities
Residential Mortgage Programs
1. FHA Loans
Federal Housing Administration (FHA) Loans
• Suitable for first-time homebuyers
• Low down payment options (as low as 3.5%)
• Requires mortgage insurance
• Lenient credit scores accepted
• 203K Renovation Loans Available
2. Conventional Loans
Conventional Mortgage Loans
• Preferred by borrowers with stronger credit
• Down payments as low as 3%
• Available in fixed or adjustable rates
• No government insurance premiums
• HomeStyle Renovation Loan Available
3. USDA Loans
US Department of Agriculture (USDA) Loans
• Ideal for eligible rural and suburban homebuyers
• Zero down payment
• Low insurance costs
• Income and geographic restrictions apply
4. VA Loans
Veterans Affairs (VA) Mortgage Loans
• Exclusively for veterans, active-duty service members, and eligible spouses
• No down payment required
• No mortgage insurance needed
• Competitive interest rates
A. ITIN - No Social Security Loans
• For borrowers with an Individual Tax Identification Number
• Lacks Social Security number
B. 1099 Loans
• Designed for independent contractors or self-employed individuals
• Based on the 1099 tax form income
C. VOE Only
• Verification of employment as the primary source of income validation
D. Asset Depletion
• Utilizes borrower's liquid assets for qualification purposes
E. Bank Statement Loans
• Income based on bank statements, suitable for self-employed borrowers
F. DSCR - Investor No Income Verification
• For real estate investors, using property cash flow as a qualification metric
Non-Qualified Mortgage (Non-QM) Loans
Loan Programs We Help With
Seamless Solutions, Limitless Possibilities
Residential Mortgage Programs
1. FHA Loans
Federal Housing Administration (FHA) Loans
• Suitable for first-time homebuyers
• Low down payment options (as low as 3.5%)
• Requires mortgage insurance
• Lenient credit scores accepted
2. Conventional Loans
Conventional Mortgage Loans
• Preferred by borrowers with stronger credit
• Down payments as low as 3%
• Available in fixed or adjustable rates
• No government insurance premiums
3. USDA Loans
US Department of Agriculture (USDA) Loans
• Ideal for eligible rural and suburban homebuyers
• Zero down payment
• Low insurance costs
• Income and geographic restrictions apply
4. VA Loans
Veterans Affairs (VA) Loans
• Exclusively for veterans, active-duty service members, and eligible spouses
• No down payment required
• No mortgage insurance needed
• Competitive interest rates
Non-Qualified Mortgage (Non-QM) Loans
A. ITIN - No Social Security Loans
• For borrowers with an Individual Tax Identification Number
• Lacks Social Security number
B. 1099 Loans
• Designed for independent contractors or self-employed individuals
• Based on the 1099 tax form income
C. VOE Only
• Verification of employment as the primary source of income validation
D. Asset Depletion
• Utilizes borrower's liquid assets for qualification purposes
E. Bank Statement Loans
• Income based on bank statements, suitable for self-employed borrowers
F. DSCR - Investor No Income Verification
• For real estate investors, using property cash flow as a qualification metric
More Loan Programs
Foreign National Loans
• Tailored for non-U.S. citizens looking to buy investment or vacation properties in the U.S.
• May require larger down payments and proof of foreign income.
Jumbo Loans
• Exceed the loan limits set by the FHFA for conventional mortgages.
• Requires non-traditional underwriting to accommodate the larger loan amount.
Real Estate Investor Loans
• Customized loans for experienced real estate investors.
• Can include options for multiple properties under a single loan (blanket loans).
Non-Warrantable Condo Loans
• For condos that do not meet specific requirements by Fannie Mae or Freddie Mac.
• Necessary for financing condos in buildings with more owner-occupied spaces or litigation issues.
Credit Event Loans
• Available to borrowers with significant derogatory credit events, such as bankruptcy or foreclosure.
• Typically requires a higher down payment or additional reserves.
Hard Money/Private Lending
•For immediate or short-term financing needs
• Higher-cost, short-term loans
• Asset-based lending criteria
• Terms typically around 12 months
Fix and Flips
• Loans crafted for renovating and flipping properties
Commercial Loans
•Tailored for businesses to purchase or refinance commercial property
• Offering solutions for office buildings, retail spaces, and industrial properties
• Custom terms to align with business strategies
New Construction
• Financing for ground-up construction projects
Small Business Administration (SBA) Loans
• Federally backed to help start or grow a business
• Lower down payments
• Longer repayment terms
• Focused on small businesses
Bridge Loans
• Short-term loans to bridge the gap during transitional periods
Down Payment Assistance Programs
• Provides prospective homebuyers with loans or grants that they can use toward the down payment for a house.
• Most down payment assistance programs are designed for first-time homebuyers and offered by various institutions, such as government, non-profits, or lenders.
More Loan Programs
Foreign National Loans
• Tailored for non-U.S. citizens looking to buy investment or vacation properties in the U.S.
• May require larger down payments and proof of foreign income.
Jumbo Loans
• Exceed the loan limits set by the FHFA for conventional mortgages.
• Requires non-traditional underwriting to accommodate the larger loan amount.
Real Estate Investor Loans
• Customized loans for experienced real estate investors.
• Can include options for multiple properties under a single loan (blanket loans).
Non-Warrantable Condo Loans
• For condos that do not meet specific requirements by Fannie Mae or Freddie Mac.
• Necessary for financing condos in buildings with more owner-occupied spaces or litigation issues.
Credit Event Loans
• Available to borrowers with significant derogatory credit events, such as bankruptcy or foreclosure.
• Typically requires a higher down payment or additional reserves.
Hard Money/Private Lending
•For immediate or short-term financing needs
• Higher-cost, short-term loans
• Asset-based lending criteria
• Terms typically around 12 months
Fix and Flips
• Loans crafted for renovating and flipping properties
Commercial Loans
•Tailored for businesses to purchase or refinance commercial property
• Offering solutions for office buildings, retail spaces, and industrial properties
• Custom terms to align with business strategies
New Construction
• Financing for ground-up construction projects
Small Business Administration (SBA) Loans
• Federally backed to help start or grow a business
• Lower down payments
• Longer repayment terms
• Focused on small businesses
Bridge Loans
• Short-term loans to bridge the gap during transitional periods
Down Payment Assistance Programs
• Provides prospective homebuyers with loans or grants that they can use toward the down payment for a house.
• Most down payment assistance programs are designed for first-time homebuyers and offered by various institutions, such as government, non-profits, or lenders.
Who We Help?
Seamless Solutions, Limitless Possibilities
First Time Home Buyers
We know how overwhelming the process of buying a home is, especially if it is the first time that you're doing it. We will work closely with you to explain the process, to protect you from making mistakes that could cost you later, and to ensure that your mortgage gets approved and you get the home that you are so excited to be buying!
Move Up and Second Home Buyers
Buying a new home when you currently own one has it's own unique set of concerns. We can answer all of your questions about how to qualify and purchase a home when you already own one whether you're buying a new primary residence or a second vacation home.
Refinancing Home Owners
If you already own your home but you are looking to refinance to either save money with a lower interest rate or possibly take some cash out for any reason, we can help you with that. We also can show you how to make sure you are structuring your new financing to get the best deal possible.
Investment Buyers
If you're buying real estate for investment purposes, we can help you secure low rate financing to maximize your ROI.
Seniors Seeking Reverse Mortgages
If you are 62 years or older and are looking for options to stay in your home without a mortgage payment or to access your home's equity while still living there, I can answer your questions about reverse mortgages so you can decide if they are right for you.
What My Clients Say
Ready to Find Your Perfect Mortgage?
Are You A First Time Home Buyer?
Download Our Free Home Buyer's Guide
Other Resources You'll Find Helpful
Buyer's Guide for Real Estate Agent
(English)
Buyer's Guide for Real Estate Agent
(Spanish)
Seller's Guide for Real Estate Agent
(English)
Seller's Guide for Real Estate Agent
(Spanish)
Calculate Your Mortgage Payment
Our Blogs
Massachusetts Refinance Guide: How to Get the Best Mortgage Without Falling for Rate Shoppers’ Tricks
Massachusetts Refinance Guide: How to Get the Best Mortgage Without Falling for Rate Shoppers’ Tricks
Refinancing your home in Massachusetts can be a smart financial move. Whether you want to lower your interest rate, shorten your mortgage term, tap into home equity, or fund a renovation, the right strategy can save thousands and improve your financial future.
However, many homeowners make the mistake of chasing the lowest advertised rate without understanding the full picture. This often leads to frustration, wasted time, and inaccurate quotes. At South Wind Financial, we help Massachusetts homeowners get realistic, accurate refinancing options tailored to their unique situations — and filter out the guesswork that comes with rate-shopping.
In this guide, you’ll learn:
How to refinance responsibly in Massachusetts
The different refinance options available, including FHA, conventional, Non-QM, ITIN, and renovation loans
Why rate-only shopping can backfire
How South Wind Financial helps homeowners make smart mortgage decisions
Why Refinancing in Massachusetts Can Make Sense
Refinancing can serve several purposes:
Lower Your Interest Rate
Even a small decrease in interest can save thousands over the life of your loan.Shorten Your Mortgage Term
Move from a 30-year to a 15-year mortgage to pay off your home faster and reduce total interest.Access Home Equity
Cash-out refinancing allows you to fund renovations, consolidate debt, or invest in other opportunities.Switch Loan Programs
Switch from FHA to conventional, Non-QM, or ITIN financing for better terms or flexibility.Fund Renovations
Massachusetts homeowners can use FHA 203(k), Fannie Mae HomeStyle, or Freddie Mac CHOICERenovation loans to refinance while covering renovation costs.
The Problem with Rate Shoppers
Many homeowners call lenders asking for the “lowest rate” without fully understanding:
Closing costs and fees
Loan program eligibility
Credit score, debt-to-income ratio, and income verification requirements
Total monthly payment, including taxes and insurance
💡 Reality: The “lowest advertised rate” often isn’t available to everyone and usually comes with conditions that many homeowners overlook.
Some common mistakes rate shoppers make:
Throwing Out Numbers That Aren’t True
People guess their income, debts, or assets to see a low number, which can lead to unrealistic quotes.
Not Applying or Verifying Information
You can’t lock in a rate without a full application and documentation.
Constantly Shopping Without Commitment
Switching lenders multiple times can waste time and hurt your chances with pre-approval.
Ignoring Loan Program Requirements
Many first-time refinance buyers qualify for FHA, Non-QM, ITIN, or renovation programs, but rate-only shopping doesn’t capture this.
How to Refinance Responsibly in Massachusetts
1. Rate-and-Term Refinance
Adjust the interest rate or term without changing the principal
Goal: Lower monthly payment or shorten term
2. Cash-Out Refinance
Access equity for renovations, debt consolidation, or other investments
Must meet program requirements for LTV (loan-to-value ratio)
3. FHA Refinance Options
Streamline Refinance: Faster process, limited documentation
FHA 203(k) Renovation Refinance: Finance your existing mortgage plus home improvements
4. Conventional Refinance Options
Includes Fannie Mae HomeStyle and Freddie Mac CHOICERenovation programs
Perfect for homeowners who want to finance renovations or adjust loan structure
5. Non-QM Refinance
Flexible financing for homeowners who don’t meet traditional underwriting criteria
Useful for self-employed or buyers with complex income streams
6. ITIN Refinance
For Massachusetts homeowners without a Social Security number
Requires valid ITIN and verified income documentation
Boston vs. Massachusetts Suburbs: Refinancing Considerations
Boston Homes
Condo-heavy market, often multi-family
Higher property taxes and insurance
Renovation needs for older buildings
Suburban Homes (Worcester, Cape Cod, Springfield, South Shore)
Single-family homes with larger lots
USDA and conventional financing options available
More opportunity for renovation or expansion loans
💡 Tip: Program eligibility may differ based on property type and location, so consulting a local Massachusetts mortgage broker is critical.
Why Accurate Information Matters
Providing accurate financial info is the difference between a realistic refinance offer and wasted time. Lenders require:
Verified income and employment
Credit score and history
Existing debts and liabilities
Accurate property value
Rate shoppers who guess or omit details often get misleading quotes, which can hurt their credibility and delay the process.
How South Wind Financial Helps Massachusetts Homeowners
We focus on education, guidance, and accuracy:
Accurate Quotes Based on Verified Info: No guesswork
Program Matching: FHA, conventional, Non-QM, ITIN, and renovation loans
Full Service: Pre-approval, documentation, and closing coordination
Local Expertise: Knowledge of Boston and Massachusetts suburbs, property values, and lenders
Our approach ensures that homeowners don’t waste time chasing misleading rates and get the mortgage that truly fits their needs.
Tips for Serious Massachusetts Homeowners
Check Your Credit and Finances
Higher scores = better rates and lower costs
Know your debt-to-income ratio
Understand Total Costs
Monthly payment = principal + interest + taxes + insurance
Include closing costs and fees
Work With a Trusted Mortgage Broker
Avoid incomplete or false rate-shopping attempts
Access programs and options not publicly advertised
Consider Renovation Loans
FHA 203(k), Fannie Mae HomeStyle, Freddie Mac CHOICERenovation
Combine refinance with home improvements
Avoid “Lowest Rate Only” Mentality
The lowest rate isn’t always the best fit for your situation
Focus on total cost, program benefits, and flexibility
Call to Action
Refinancing in Massachusetts doesn’t have to be confusing or frustrating. At South Wind Financial, we help you:
Find the right refinance program for your needs
Access FHA, conventional, Non-QM, ITIN, and renovation loans
Navigate the pre-approval and closing process with ease
Avoid wasting time with misleading rate-shopping
📞 Call us today at 617-821-1757
📧 Email: [email protected]
🌐 Apply online at Loanswithgeo.com
🏦 NMLS# 1880655 | MB# 9462
Final Thoughts
Massachusetts homeowners have powerful options when it comes to refinancing — but the lowest advertised rate is rarely the whole story. By providing accurate information, understanding your goals, and working with a trusted broker, you can secure the mortgage that fits your life, your home, and your finances.
Whether you’re in Boston, the South Shore, Worcester, or Cape Cod, South Wind Financial ensures your refinance experience is smooth, informed, and truly beneficial. Don’t waste time chasing misleading numbers — work with professionals who prioritize your success, savings, and peace of mind.
Massachusetts Refinance Guide: How to Get the Best Mortgage Without Falling for Rate Shoppers’ Tricks
Massachusetts Refinance Guide: How to Get the Best Mortgage Without Falling for Rate Shoppers’ Tricks
Refinancing your home in Massachusetts can be a smart financial move. Whether you want to lower your interest rate, shorten your mortgage term, tap into home equity, or fund a renovation, the right strategy can save thousands and improve your financial future.
However, many homeowners make the mistake of chasing the lowest advertised rate without understanding the full picture. This often leads to frustration, wasted time, and inaccurate quotes. At South Wind Financial, we help Massachusetts homeowners get realistic, accurate refinancing options tailored to their unique situations — and filter out the guesswork that comes with rate-shopping.
In this guide, you’ll learn:
How to refinance responsibly in Massachusetts
The different refinance options available, including FHA, conventional, Non-QM, ITIN, and renovation loans
Why rate-only shopping can backfire
How South Wind Financial helps homeowners make smart mortgage decisions
Why Refinancing in Massachusetts Can Make Sense
Refinancing can serve several purposes:
Lower Your Interest Rate
Even a small decrease in interest can save thousands over the life of your loan.Shorten Your Mortgage Term
Move from a 30-year to a 15-year mortgage to pay off your home faster and reduce total interest.Access Home Equity
Cash-out refinancing allows you to fund renovations, consolidate debt, or invest in other opportunities.Switch Loan Programs
Switch from FHA to conventional, Non-QM, or ITIN financing for better terms or flexibility.Fund Renovations
Massachusetts homeowners can use FHA 203(k), Fannie Mae HomeStyle, or Freddie Mac CHOICERenovation loans to refinance while covering renovation costs.
The Problem with Rate Shoppers
Many homeowners call lenders asking for the “lowest rate” without fully understanding:
Closing costs and fees
Loan program eligibility
Credit score, debt-to-income ratio, and income verification requirements
Total monthly payment, including taxes and insurance
💡 Reality: The “lowest advertised rate” often isn’t available to everyone and usually comes with conditions that many homeowners overlook.
Some common mistakes rate shoppers make:
Throwing Out Numbers That Aren’t True
People guess their income, debts, or assets to see a low number, which can lead to unrealistic quotes.
Not Applying or Verifying Information
You can’t lock in a rate without a full application and documentation.
Constantly Shopping Without Commitment
Switching lenders multiple times can waste time and hurt your chances with pre-approval.
Ignoring Loan Program Requirements
Many first-time refinance buyers qualify for FHA, Non-QM, ITIN, or renovation programs, but rate-only shopping doesn’t capture this.
How to Refinance Responsibly in Massachusetts
1. Rate-and-Term Refinance
Adjust the interest rate or term without changing the principal
Goal: Lower monthly payment or shorten term
2. Cash-Out Refinance
Access equity for renovations, debt consolidation, or other investments
Must meet program requirements for LTV (loan-to-value ratio)
3. FHA Refinance Options
Streamline Refinance: Faster process, limited documentation
FHA 203(k) Renovation Refinance: Finance your existing mortgage plus home improvements
4. Conventional Refinance Options
Includes Fannie Mae HomeStyle and Freddie Mac CHOICERenovation programs
Perfect for homeowners who want to finance renovations or adjust loan structure
5. Non-QM Refinance
Flexible financing for homeowners who don’t meet traditional underwriting criteria
Useful for self-employed or buyers with complex income streams
6. ITIN Refinance
For Massachusetts homeowners without a Social Security number
Requires valid ITIN and verified income documentation
Boston vs. Massachusetts Suburbs: Refinancing Considerations
Boston Homes
Condo-heavy market, often multi-family
Higher property taxes and insurance
Renovation needs for older buildings
Suburban Homes (Worcester, Cape Cod, Springfield, South Shore)
Single-family homes with larger lots
USDA and conventional financing options available
More opportunity for renovation or expansion loans
💡 Tip: Program eligibility may differ based on property type and location, so consulting a local Massachusetts mortgage broker is critical.
Why Accurate Information Matters
Providing accurate financial info is the difference between a realistic refinance offer and wasted time. Lenders require:
Verified income and employment
Credit score and history
Existing debts and liabilities
Accurate property value
Rate shoppers who guess or omit details often get misleading quotes, which can hurt their credibility and delay the process.
How South Wind Financial Helps Massachusetts Homeowners
We focus on education, guidance, and accuracy:
Accurate Quotes Based on Verified Info: No guesswork
Program Matching: FHA, conventional, Non-QM, ITIN, and renovation loans
Full Service: Pre-approval, documentation, and closing coordination
Local Expertise: Knowledge of Boston and Massachusetts suburbs, property values, and lenders
Our approach ensures that homeowners don’t waste time chasing misleading rates and get the mortgage that truly fits their needs.
Tips for Serious Massachusetts Homeowners
Check Your Credit and Finances
Higher scores = better rates and lower costs
Know your debt-to-income ratio
Understand Total Costs
Monthly payment = principal + interest + taxes + insurance
Include closing costs and fees
Work With a Trusted Mortgage Broker
Avoid incomplete or false rate-shopping attempts
Access programs and options not publicly advertised
Consider Renovation Loans
FHA 203(k), Fannie Mae HomeStyle, Freddie Mac CHOICERenovation
Combine refinance with home improvements
Avoid “Lowest Rate Only” Mentality
The lowest rate isn’t always the best fit for your situation
Focus on total cost, program benefits, and flexibility
Call to Action
Refinancing in Massachusetts doesn’t have to be confusing or frustrating. At South Wind Financial, we help you:
Find the right refinance program for your needs
Access FHA, conventional, Non-QM, ITIN, and renovation loans
Navigate the pre-approval and closing process with ease
Avoid wasting time with misleading rate-shopping
📞 Call us today at 617-821-1757
📧 Email: [email protected]
🌐 Apply online at Loanswithgeo.com
🏦 NMLS# 1880655 | MB# 9462
Final Thoughts
Massachusetts homeowners have powerful options when it comes to refinancing — but the lowest advertised rate is rarely the whole story. By providing accurate information, understanding your goals, and working with a trusted broker, you can secure the mortgage that fits your life, your home, and your finances.
Whether you’re in Boston, the South Shore, Worcester, or Cape Cod, South Wind Financial ensures your refinance experience is smooth, informed, and truly beneficial. Don’t waste time chasing misleading numbers — work with professionals who prioritize your success, savings, and peace of mind.
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South Wind Financial, Inc.
Mortgage Broker Lic #MB9462
Branch NMLS #86116
1356 Atwood Ave. Johnston, RI 02919
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