What is a mortgage refinance and how it can help you.

  • A mortgage refinance allows you to change the terms of your existing mortgage.
  • A term change can allow you to lower your interest rate, shorten the length of your mortgage and/or gain the ability to pull equity from you home.
  • A refinance can help you do a few things depending on your goals.
  • Save money
  • Pay off your mortgage sooner
  • Pay off existing debt other than your mortgage
  • Have cash to pay to use for other purposes