Home Refinancing Benefits
Your home may be the largest asset you ever own. It only makes sense to structure your mortgage to suit your individual needs. Refinancing may enable you to lower your monthly mortgage payment or in cases where you have built up equity in your home, you may be able to obtain cash out to pay off debt, improve your home or borrow money for college expenses or any other worthwhile purpose.
Many of our clients have taken advantage of the historically low interest rates to refinance to a 10 or 15 year mortgage and pay off their homes early, saving thousands of dollars in interest and reducing their finance charges.