Refinancing is an easy and affordable way to access equity you have accumulated in your home. It is a process that pays off your current mortgage and then sets up a new one in it’s place. There are many reasons why you would consider refinancing your mortgage.
Lower Interest Rate
If your mortgage rate is higher than the current low rates that are available you could be saving hundreds of dollars each month and thousands over the course of your mortgage term.
Pay off other debts
By refinancing, you can use the equity you’ve already built up in your home to pay off high interest credit card debt and loans or help pay for your children’s college or university education.
Are you considering a new car, a vacation or maybe renovating your home? Let me show you how easy and economical it is to make some of those dreams come true while still being financially prudent.
Pay off your home sooner!
Many times, the monthly payments are structured to keep you paying longer than you need. Your mortgage could potentially be paid off sooner with the same monthly payments, saving you thousands.