Is It Time To Refinance?

The timing might be right to refinance your mortgage loan. We may be able to help you significantly lower your monthly payment, shorten up the term of the loan or accomplish other financial goals. Here are some of the top reasons people refinance their mortgage.

1.  Lower their monthly payment
2.  Shorten the term of the loan and pay the home off sooner
3.  Remodel their home
4.  Cash out for debt consolidation, home renovations, rental property acquisition, and may other things
5.  Life events: divorce, death, and anything else life throws at us

A cash-out refinance increases your mortgage debt and reduces the equity you may have in your home. Your monthly mortgage payments may be higher.

Everyone’s situation is different.  We’ll work with you to determine if the timing is right to change your loan program and what effect refinancing may have on your future plans by considering your cash on hand and how likely you are to sell your home in the near future. Call us today for your free consultation.