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Unlock Low Rates with Ease
Discover how Geovanne Colon simplifies the mortgage qualification process for you.
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.
Zero Hassles.
Get a free quote
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
Refinance your home in Massachusetts with ease. South Wind Financial helps lower payments, unlock equity, and secure better mortgage terms today.
Step-by-Step Guide to Refinancing Your Home in Massachusetts
Refinancing your mortgage in Massachusetts can be one of the smartest financial moves you make as a homeowner. Whether your goal is to lower your monthly payment, secure a better interest rate, tap into your home’s equity, or shorten your loan term, the right refinance strategy can save you thousands over the life of your loan.
At South Wind Financial, we specialize in guiding Massachusetts homeowners through the refinance process with clarity, transparency, and expertise. With decades of experience in the local mortgage market, our team has helped clients from Boston to Worcester, Springfield to Cape Cod unlock the financial benefits of refinancing.
In this blog, we’ll walk you step-by-step through the refinancing process, explain your options, and show why working with a local mortgage broker in Massachusetts makes all the difference.
Why Refinance Your Home in Massachusetts?
Refinancing a mortgage means replacing your current loan with a new one — often with better terms. Homeowners across Massachusetts choose to refinance for several reasons:
Lower your interest rate: A small reduction in rate can mean huge savings over time.
Reduce monthly payments: Free up cash for other financial goals.
Change loan terms: Switch from a 30-year loan to a 15-year to pay off your home faster.
Access home equity: A cash-out refinance lets you borrow against your home’s equity for renovations, debt consolidation, or investments.
Switch loan type: Move from an adjustable-rate mortgage (ARM) to a fixed-rate for stability.
💡 Massachusetts homeowners often refinance to take advantage of strong property values, especially in hot markets like Boston, Cambridge, and Brookline where home equity has grown significantly.
Step 1: Assess Your Goals
Before refinancing, ask yourself: What do I want to achieve?
If your goal is monthly savings, focus on securing a lower rate.
If you want to pay off faster, a shorter loan term may be right.
If you need cash for renovations, college tuition, or debt payoff, a cash-out refinance could be the best fit.
👉 At South Wind Financial, we help you define your goals and match you with the best refinance product available in Massachusetts.
Step 2: Check Your Credit & Financial Profile
Lenders in Massachusetts look at your:
Credit score
Income and employment history
Debt-to-income ratio
Equity in your home
A stronger profile usually means access to lower interest rates. If your credit has improved since you bought your home, refinancing could open the door to major savings.
Step 3: Explore Refinance Options
Not all refinancing is the same. Here are the main types available to Massachusetts homeowners:
1. Rate-and-Term Refinance
The most common option. You replace your current loan with one that has a new rate, term, or both.
2. Cash-Out Refinance
Borrow against your home’s equity and receive cash at closing. Popular in Massachusetts markets where property values are high, such as Newton, Lexington, and Wellesley.
3. Cash-In Refinance
Bring money to the table to lower your loan balance and possibly secure better terms.
4. Streamline Refinance
For FHA, VA, or USDA loans, streamline refinances simplify the process with fewer requirements.
Step 4: Compare Lenders & Rates
Here’s where a mortgage broker in Massachusetts makes a big difference. Instead of being limited to one bank’s products, a broker like South Wind Financial shops across multiple lenders to secure the best rate and terms for you.
We know the local lending landscape, understand which lenders are aggressive with certain loan types, and negotiate on your behalf.
💡 Pro Tip: Even a 0.25% rate improvement can save thousands over the life of a loan.
Step 5: Apply for Your Refinance
Once you’ve chosen your product, the application process begins:
Provide recent pay stubs, tax returns, and bank statements.
Submit your current mortgage details.
Authorize a credit check.
At South Wind Financial, we make this fast and digital — you can apply online at Loanswithgeo.com, upload documents securely, and track your refinance progress from start to finish.
Step 6: The Appraisal & Underwriting
Most refinances require a new appraisal to confirm your home’s current market value. In Massachusetts, appraisals take into account local comps — meaning your Boston condo, Cape Cod beach house, or Western MA farmhouse will be evaluated based on nearby properties.
Then, the underwriter reviews your file to ensure everything aligns with loan requirements.
Step 7: Closing the Loan
Once approved, you’ll sign your new mortgage documents. Closing often takes place at your attorney’s office or via mobile notary for convenience.
Massachusetts law provides a three-day rescission period, meaning you have three business days after closing to change your mind.
How Much Does Refinancing Cost in Massachusetts?
Closing costs typically range from 2% to 5% of the loan amount. These may include:
Application fee
Appraisal fee
Title search and insurance
Credit report fee
Attorney or closing fees
👉 At South Wind Financial, we help you calculate your break-even point — the time it takes for refinance savings to outweigh the costs.
When Is the Best Time to Refinance in Massachusetts?
The right timing depends on:
Current mortgage rates vs. your existing rate
How long you plan to stay in your home
Your equity position
Credit profile improvements
Homeowners in Boston, Worcester, and Cambridge have seen strong equity growth, making it a prime time for cash-out refinances. Meanwhile, those holding older loans with higher rates can often benefit immediately from rate-and-term refinances.
Benefits of Working With a Local Massachusetts Mortgage Broker
Why choose a local expert like South Wind Financial instead of a national bank?
Access to multiple lenders = better options
Local market knowledge (Massachusetts appraisals, attorney closings, state-specific laws)
Personalized service vs. call-center experience
Faster turnaround times thanks to established lender relationships
💡 We’ve helped homeowners refinance everywhere from Back Bay brownstones to Cape Cod vacation homes — and we bring that depth of experience to every client.
Real Massachusetts Refinance Scenarios
Boston Homeowner: Lowered rate from 7.0% to 6.25%, saving $310/month.
Worcester Couple: Cashed out $50,000 in equity to pay for home renovations.
Springfield Family: Switched from a 30-year to a 15-year term, shaving 12 years off their mortgage.
Start Your Refinance Journey Today
Refinancing your home in Massachusetts doesn’t have to be stressful. With the right mortgage broker by your side, you can save money, unlock equity, and achieve your financial goals faster.
At South Wind Financial, we’re here to guide you every step of the way.
📞 Call us today at 617-821-1757
📧 Email: [email protected]
🌐 Apply online at Loanswithgeo.com
NMLS:1880655
The Massachusetts refinance process may seem complex, but when broken down step by step — and with the right broker in your corner — it becomes a clear path toward financial freedom.
Whether you’re in Boston, Cambridge, Worcester, or anywhere in Massachusetts, South Wind Financial is ready to help you refinance with confidence.
Refinance your home in Massachusetts with ease. South Wind Financial helps lower payments, unlock equity, and secure better mortgage terms today.
Step-by-Step Guide to Refinancing Your Home in Massachusetts
Refinancing your mortgage in Massachusetts can be one of the smartest financial moves you make as a homeowner. Whether your goal is to lower your monthly payment, secure a better interest rate, tap into your home’s equity, or shorten your loan term, the right refinance strategy can save you thousands over the life of your loan.
At South Wind Financial, we specialize in guiding Massachusetts homeowners through the refinance process with clarity, transparency, and expertise. With decades of experience in the local mortgage market, our team has helped clients from Boston to Worcester, Springfield to Cape Cod unlock the financial benefits of refinancing.
In this blog, we’ll walk you step-by-step through the refinancing process, explain your options, and show why working with a local mortgage broker in Massachusetts makes all the difference.
Why Refinance Your Home in Massachusetts?
Refinancing a mortgage means replacing your current loan with a new one — often with better terms. Homeowners across Massachusetts choose to refinance for several reasons:
Lower your interest rate: A small reduction in rate can mean huge savings over time.
Reduce monthly payments: Free up cash for other financial goals.
Change loan terms: Switch from a 30-year loan to a 15-year to pay off your home faster.
Access home equity: A cash-out refinance lets you borrow against your home’s equity for renovations, debt consolidation, or investments.
Switch loan type: Move from an adjustable-rate mortgage (ARM) to a fixed-rate for stability.
💡 Massachusetts homeowners often refinance to take advantage of strong property values, especially in hot markets like Boston, Cambridge, and Brookline where home equity has grown significantly.
Step 1: Assess Your Goals
Before refinancing, ask yourself: What do I want to achieve?
If your goal is monthly savings, focus on securing a lower rate.
If you want to pay off faster, a shorter loan term may be right.
If you need cash for renovations, college tuition, or debt payoff, a cash-out refinance could be the best fit.
👉 At South Wind Financial, we help you define your goals and match you with the best refinance product available in Massachusetts.
Step 2: Check Your Credit & Financial Profile
Lenders in Massachusetts look at your:
Credit score
Income and employment history
Debt-to-income ratio
Equity in your home
A stronger profile usually means access to lower interest rates. If your credit has improved since you bought your home, refinancing could open the door to major savings.
Step 3: Explore Refinance Options
Not all refinancing is the same. Here are the main types available to Massachusetts homeowners:
1. Rate-and-Term Refinance
The most common option. You replace your current loan with one that has a new rate, term, or both.
2. Cash-Out Refinance
Borrow against your home’s equity and receive cash at closing. Popular in Massachusetts markets where property values are high, such as Newton, Lexington, and Wellesley.
3. Cash-In Refinance
Bring money to the table to lower your loan balance and possibly secure better terms.
4. Streamline Refinance
For FHA, VA, or USDA loans, streamline refinances simplify the process with fewer requirements.
Step 4: Compare Lenders & Rates
Here’s where a mortgage broker in Massachusetts makes a big difference. Instead of being limited to one bank’s products, a broker like South Wind Financial shops across multiple lenders to secure the best rate and terms for you.
We know the local lending landscape, understand which lenders are aggressive with certain loan types, and negotiate on your behalf.
💡 Pro Tip: Even a 0.25% rate improvement can save thousands over the life of a loan.
Step 5: Apply for Your Refinance
Once you’ve chosen your product, the application process begins:
Provide recent pay stubs, tax returns, and bank statements.
Submit your current mortgage details.
Authorize a credit check.
At South Wind Financial, we make this fast and digital — you can apply online at Loanswithgeo.com, upload documents securely, and track your refinance progress from start to finish.
Step 6: The Appraisal & Underwriting
Most refinances require a new appraisal to confirm your home’s current market value. In Massachusetts, appraisals take into account local comps — meaning your Boston condo, Cape Cod beach house, or Western MA farmhouse will be evaluated based on nearby properties.
Then, the underwriter reviews your file to ensure everything aligns with loan requirements.
Step 7: Closing the Loan
Once approved, you’ll sign your new mortgage documents. Closing often takes place at your attorney’s office or via mobile notary for convenience.
Massachusetts law provides a three-day rescission period, meaning you have three business days after closing to change your mind.
How Much Does Refinancing Cost in Massachusetts?
Closing costs typically range from 2% to 5% of the loan amount. These may include:
Application fee
Appraisal fee
Title search and insurance
Credit report fee
Attorney or closing fees
👉 At South Wind Financial, we help you calculate your break-even point — the time it takes for refinance savings to outweigh the costs.
When Is the Best Time to Refinance in Massachusetts?
The right timing depends on:
Current mortgage rates vs. your existing rate
How long you plan to stay in your home
Your equity position
Credit profile improvements
Homeowners in Boston, Worcester, and Cambridge have seen strong equity growth, making it a prime time for cash-out refinances. Meanwhile, those holding older loans with higher rates can often benefit immediately from rate-and-term refinances.
Benefits of Working With a Local Massachusetts Mortgage Broker
Why choose a local expert like South Wind Financial instead of a national bank?
Access to multiple lenders = better options
Local market knowledge (Massachusetts appraisals, attorney closings, state-specific laws)
Personalized service vs. call-center experience
Faster turnaround times thanks to established lender relationships
💡 We’ve helped homeowners refinance everywhere from Back Bay brownstones to Cape Cod vacation homes — and we bring that depth of experience to every client.
Real Massachusetts Refinance Scenarios
Boston Homeowner: Lowered rate from 7.0% to 6.25%, saving $310/month.
Worcester Couple: Cashed out $50,000 in equity to pay for home renovations.
Springfield Family: Switched from a 30-year to a 15-year term, shaving 12 years off their mortgage.
Start Your Refinance Journey Today
Refinancing your home in Massachusetts doesn’t have to be stressful. With the right mortgage broker by your side, you can save money, unlock equity, and achieve your financial goals faster.
At South Wind Financial, we’re here to guide you every step of the way.
📞 Call us today at 617-821-1757
📧 Email: [email protected]
🌐 Apply online at Loanswithgeo.com
NMLS:1880655
The Massachusetts refinance process may seem complex, but when broken down step by step — and with the right broker in your corner — it becomes a clear path toward financial freedom.
Whether you’re in Boston, Cambridge, Worcester, or anywhere in Massachusetts, South Wind Financial is ready to help you refinance with confidence.
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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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