Best Real Estate Agent in San Diego

What are the benefits of refinancing a mortgage?

1. Even savings of less than 1% because of refinancing can be substantial. Most homeowners refinancing purchased their home within the last three years.
2. Many second mortgages/lines of credit are resetting after 10 years of interest-only payments. Save yourself money by merging your second mortgage with your first.
3. Those wishing to merge credit cards and auto debt benefit. This is much easier now that home values have increased. The savings can apply to your principal balance each month to allow for an earlier payoff of your mortgage. For homeowners wanting to keep their loan terms, we can refinance using your current schedule.
4. Cash-out to put money towards an investment like a second home or business.