Tagged: Home Refinancing

The most popular reason to refinance your home is to lower the mortgage interest rates but there are actually several different reasons for someone to look into refinancing. Below, we are going to highlight some of the benefits of refinancing your loan. Refinancing: High-Interest Rates If your current interest rate seems like it might be…

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Refinance & Reduce Your Balance Faster: Refinance and reduce your balance to a lower interest rate; you pay more principal with each payment, especially in the first years of the loan. EXAMPLE: After five years of payments on a 30-year loan of $200,000 at 4% you would pay $19,706 in principle vs. $17,105 on the…

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Whether you’re a seasoned homeowner considering refinancing for the first time or simply curious, this guide is for you. Understanding the refinancing process is crucial in making informed decisions, potentially saving you thousands of dollars, and leading you closer to financial freedom. The Application: After determining that refinance will be beneficial for you, we can…

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