After purchasing a home, don’t forget about the financial benefits of possibly your most significant asset. Use a refinance to lower your mortgage payment, save interest over the life of the loan, consolidate bills, fund college, make home improvements, and more.
If you haven’t had one for some time, or your just curious of your options, it’s time for a complimentary mortgage review. All we need is your most recent mortgage statement and 15 minutes of your time to see where you stand.
Imagine the Benefits
Access Your Equity
If you’ve built up significant equity, a cashout refinance may make sense to improve your general financial situation.
Payoff Debts
You can use a cash-out refinance to pay off high-interest rate debts to save money on interest and reduce your total monthly payments.
Reno Your Home
A renovation refinance loan allows you to leverage your equity to make minor or major improvements to your current home.
Remove Mortgage Insurance
If you have lender-paid mortgage insurance, you can refinance once you reach 20% equity to eliminate the premium that’s built into your interest rate.