There are several reasons to consider refinancing your home. With interest rates at historic lows, dropping your rate by as little as 1-2% can substantially reduce your monthly payments while allowing you to build equity more rapidly.
Shortening the length of your loan’s term is another reason to refinance. Whether you have an adjustable-rate mortgage or a traditional loan, refinancing can help lower your interest rate and/or reduce the length of your loan. To learn more about our refinancing options, please speak with an associate. We’re always happy to help!