Trident Mortgage offers a full spectrum of refinance loan programs as well as a streamlined application process—and the ability to talk with a real person.
Our refinance loan options include:
- Fixed loans with 10 to 30-year terms: A fixed loan is the most common type of financing. The interest rate and the principal and interest (PI) payment remain constant for the length of the loan.
- Adjustable Rate Mortgages (ARMs): An Adjustable Rate Mortgage (ARM) offers an initial rate that is lower than a fixed-rate mortgage, but the ARM’s interest rate may change over the life of the loan. The rate is tied to an index, such as the One-Year Treasury Bill. When the index rate changes, the loan rate moves up or down accordingly. Caps limit how much the rate can change.
- Balloon mortgages A balloon mortgage features low rates and low fixed monthly payments for a period of time—usually five to seven years. At the end of the time period, a final “balloon” payment for the remaining balance of the loan is due. With low initial rates, adjustable rate loans may be a good choice for borrowers who plan to move before the balance becomes due.
We can tell you more about the various refinance options available to you.
Serving All Communities
Trident is dedicated to making home ownership a reality for all families across Pennsylvania, New Jersey, Delaware, and Maryland. We offer many affordable housing options through our partnerships.Get Started
It's easy, secure and only takes a few minutes.Get Started
Our short video guide takes you step by step through the mortgage application process.Watch Now
What Our Customers are Saying
I like the fact that we had a problem with PHFA and that we had Matt there to get us through it. I have been doing this for 34 years and find Matt to be the best and most knowledgeable loan officer I have ever used. He did a great job and as usual, had Julie always available as his backup. Another great job by trident mortgage and to Denise (best title clerk in the Delaware valley)from our title company. They turned a long stressful day into a very happy one for my buyer.~ J.D.