Refinancing your mortgage could save you thousands of dollars. However, this is not a solution for everyone. Let us help you determine if refinancing your mortgage will be beneficial to you and your family. We work the numbers and you take the decision. Schedule your free consultation Now!
Mortgage Refinance is the process of paying out your old mortgage with a new one with new terms and conditions.
Most homeowners choose to refinance their mortgage for the reasons listed below:
- Lower the mortgage rate
- Lower or increase the mortgage payments
- Extend or shorten the mortgage amortization
- Remove or include family members in the property title
- Payout leaving spouse after a divorce or separation
- Buying a new property as a second home or investment
- Debt consolidation
- Finance a new business
- Became a mortgage lender making 10 to 15% on interest rates
- and more…
While refinancing your mortgage might give you a better rate, there may be other variables to consider such as penalties. Our refinance calculator can help you decide if refinancing your mortgage is worth considering.
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