HOME REFINANCING MADE EASY. LET’S TALK ABOUT YOUR OPTIONS

​How do you know if home refinancing is right for you? There are a number of reasons that you might consider this option.

1. You could lower your interest rate – your interest rate is tied directly to your payment and lower rates mean lower payments.
2. You can increase or decrease the term of your mortgage. This allows you to either lower your payment or have your loan paid off more quickly.
3. You can change from an adjustable rate to a fixed rate loan. If your current adjustable loan contains escalating interest rates or a balloon payment, you can avoid those.
4. You might get an adjustable rate loan with better terms. This should be analyzed carefully.
5. You can get cash out from the equity built up in your home. This might be done to meet an unexpected hardship, to provide cash to make home improvements, or to pay for a child’s education.

If you are considering this for any of the above listed reasons, we recommend you contact one of our licensed loan offers who can guide you to the best solution.