Refinancing Made Simple
If you are looking to save money on your monthly mortgage payments, refinancing may be a good option for you. In today’s tight economy, many homeowners are looking for ways to lower their monthly payments. Refinancing is the process of taking out a new loan to pay off your existing mortgage. While this may sound like a daunting task, it can actually be a fairly simple process. Especially when working with a qualified mortgage team who can patiently guide you through the process. In many cases, refinancing can save you hundreds or even thousands of dollars over the life of your loan.
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There are many reasons why an individual might pursue mortgage refinancing, including to shorten the term of their mortgage, to convert from one type of rate to another one, such as a fixed rate to a variable rate, to consolidate debt from various institutions with different rates, or to access funds to make a large purchase. Looking for an estimate on your mortgage? Check out our mortgage calculator below.