The Only Mortgage Loan Options Guide You Need was written for you. Knowledge is power, and we want you to become a powerful home buyer in today's housing market. Download the 12-page guide below to discover your home financing options.
Question: when does a refinance mortgage make sense? This option could make sense for several different homeowners and different scenarios. Sometimes it's getting a lower interest rate...other times it's so you can cash out the equity in your home to pay off other bills. You may even consider refinancing your mortgage to get into a shorter term to pay it off quicker. Here's a look at a few reasons people consider a refinance mortgage.
Regardless of the reason to refinance that mortgage loan, you can always go with your current bank or the bank where your checking account is held. Or you can shop around for the best interest rate. You should also look at things like customer service, closing times and whether the lender will sell your mortgage once it's closed. Paying your mortgage to the same lender for the next few decades may be the best way to go. A community mortgage lender like AmeriFirst can make this happen so you're not chasing your mortgage all over the country.
Learn more about the renovation option for a refinance mortgage with "The Ultimate Guide to Home Improvement Loans" at the button below. The free guide will help you narrow down your options to decide what's best for you.
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