Mortgage Refinance FAQ

Mortgage Refinance FAQ

Home Refinancing FAQ

Mortgage Refinance Resources

Why would I refinance my current mortgage?

  • Reduce your interest rate and lower your payments.
  • Reduce your mortgage term to pay off your loan faster.
  • Liquidate your equity to receive cash out of the property.
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How do I refinance my mortgage?

  • Choose the loan that fits your need.
  • Apply online.
  • Customize your loan with a personal loan advisor.
  • Schedule the closing and sign the closing documents.
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How much can I borrow?

  • You can borrow up to 100%, in some cases even more of your home's appraised value.
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When is a good time to refinance?

  • Mortgage Rates are low and / or you can save by refinancing.
  • Need cash fast for any reason.
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How much will my monthly payments be?

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If I pay off my loan early, will I be charged a Prepayment Penalty?

  • Consult your loan advisor for complete details.
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