Refinancing a home mortgage can be a big decision for many homeowners. Your situation and needs change over time so why shouldn’t your mortgage? Now might be the right time for you to refinance into a lower rate mortgage. You should take the time to consider the following questions to see if refinancing makes sense for you.
- Are you tired of your adjustable-rate that never seems to stop adjusting?
- Is Private Mortgage Insurance (PMI) getting you down when it doesn’t need to?
- Has the time come to save more money every month?
- Are mortgage rates lower than your current rate?
If you have equity in your home, refinancing could provide a relatively easy way to borrow. If getting a lower monthly payment and paying less over the life of your loan makes sense, then you should consider refinancing. At Community Mortgage Group, we’re ready to find the right refinancing solution for you. Our staff of refinance experts will help you evaluate your mortgage needs and draft a refinancing plan that will save you money.
Be sure to check out our mortgage calculators to estimate your payments with a mortgage refinance. Contact us to to get the information you need so you can make a sound decision for you and your family.