Now is a great time to re-finance your mortgage and get into a low, fixed rate. Take advantage of historically low rates.Apply Now
Benefits of Refinancing a Home Loan
Consider the many benefits of refinancing your home:
A fixed interest rate that keeps payments stable throughout the loan.
A lower interest rate saves thousands over the term of the loan.
Changing the term to pay off the mortgage sooner.
Getting cash-out to pay expenses, buy a car, travel, or invest.
Consolidate debt to lower monthly costs and save money on interest.
Refinancing is available for any type of mortgage, including investment property and the cash-out value you receive from refinancing is subject to the available equity built up on your house. When you refinance, you restructure your mortgage and enter into a new agreement with changed terms. The changed terms usually consist of a change in the length of the loan and the interest rate.
BorrowMoney.com makes it easy to compare refinance options from multiple locallenders in easy-to-understand language. They have many services that will allow you achieve your financial objective whatever your situation. With forms that are easy to fill out, you’ll get immediate offers; most closing in under 30 days. Why wait?