Why Refinance your Mortgage?
A Refinance Loan provides a way to lower your monthly mortgage payment. Now is an
Excellent time to refinance due to lower interest rates! Refinancing can lower the total amount you pay out each month. You can even arrange to get extra cash.
Here are a few reasons to refinance:
Consolidate high-interest debt = Such as credit cards and other loans. When you refinance in this fashion, the same monthly payment will pay off your bills much quicker.
Get Extra Cash = Go on that long-deserved vacation, pay for a college education improve your house, consolidate your debts, get out of bankruptcy, buy a car, reduce your payments, pay bills, buy another house, start a business, buy a boat, start investing, pay off bad debts, solve your tax problems. It's your choice.
Lower your rate = Get a better rate than you are currently paying and thereby reduce your monthly payments. Even a small reduction in your interest rate can add up to significant savings in the long run.
Reduce your Term = Change to a 10 or 15 year loan and pay off your home sooner.