A refinance is a replacement of your current mortgage loan with a new loan under different terms. Done at the right time, refinancing can be a valuable tool to boost your financial standing.
Reasons to Refinance
lower your payment
Save hundreds or even thousands of dollars by lowering your interest rate and/or your mortgage insurance all the way down to zero! Multiply that by the life of the loan, and you have significant and impactful savings.
Consolidating your debt by refinancing can protect you from high-interest short-term debt. Let us show you if and how you can benefit from this.
Pull Out Cash
A cash-out refinance from the equity you have built can be one of the best and smartest ways to access cash for whatever your needs are. In many cases, you can keep the same or even lower your current payment.
switch your loan type
Modifying your loan terms can have many benefits. One of our loan experts can walk you through the possible ways to change the loan from an adjustable-rate to a fixed-rate term, the loan re-payment term, the borrowers on the loan, and/or the loan type.