Refinancing

Refinancing can make sense in a variety of situations.  Common reasons to refinance include paying off a large debt, a lower rate/payment, switching to a fixed rate, paying off a departing spouse, obtaining cash out for home improvement, funding college, and even consolidating debt.

Another way to convert equity in your home to cash is a "home equity" loan. A "home equity" loan is an alternative to refinancing and is a second separate loan that can make sense for shorter term needs or if the rate on the primary loan is lower than current market rates.

Benefits:

  • Reduce Your Interest Rate
  • Cash Out Equity for Home Improvements
  • Consolidate Debt
  • Lower Monthly Payments

To Refinance You'll Need: