Mortgage Refinancing Options
When thinking about refinancing your home, it’s best to start this process by speaking to a qualified Union Home Mortgage Corp Loan Officer. While refinancing is easier than many realize, this ease is only possible when you work with a knowledgeable mortgage professional.
Knowing when to refinance is not an exact science, but if you decide that this option suits your unique financial situation there can be many benefits to refinancing your home.
- Possibly lowering your monthly payment
- Lower your interest rate
- No money down for closing costs
- Cash-out refinancing allows you trade home equity for cash
When considering a mortgage refinance, homeowners also need to choose the loan that’s right for them:
The best way to evaluate this decision is to consider the refinance on its own merits. Does it make sense to refinance your home, based on lower interest rates or shorter repayment terms? If this is the case, then it may be a good financial move. If you would like to start the refinance mortgage process, or have questions, please contact Union Home Mortgage Corp to schedule a free consultation.