Rates are Low, so Now’s the Time to Refinance!
Interest rates may continue to rise and your mortgage rate will adjust. So, now’s the time to lock in at a fixed rate to reduce the risk of paying more if rates go up—we want to make sure you’re prepared for any financial challenges!
There are many other good reasons to consider refinancing:
If your current mortgage has an adjustable interest rate, you may want to lock in at a fixed rate to reduce the risk of paying more if rates go up.
Changing from a longer term loan to a shorter term loan will raise your monthly payment, but over the span of your loan, you can save money.
If you have equity in your home, you can leverage it to pay for home improvements, pay off debt, or accomplish other goals.
When you refinance the balance on your loan at a lower rate, you can reduce your monthly payment and the total cost of your loan.
If your credit score has gone up substantially from when you took out the loan, you may qualify for a better rate.
So, be sure to contact us to explore the many refinancing options available. Our lenders are ready to help you understand your options so you can make an informed decision.
This is not a commitment to lend. Not all borrowers will qualify; contact us for more information on fees and terms.