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Low Rate Refinance

Why refinance and are you eligible for it?

 Refinancing should always save you money bottomline.  Here are 3 most popular reasons for refinancing:

  • Lower current interest rate

  • Remove mortgage insurance

  • Lower term (saving interest paid over life of loan)

To gauge the savings you must factor the upfront costs vs. the monthly savings and determine a break even.  It's not rocket science, however it can sometimes be confusing to determine the "true costs" of such a transaction.  This is why you need an adviser that is willing to say if a refinance makes sense or not.  One big determiner will always be how long you plan on staying in the home.  As far as eligibility you can refinance there is no waiting period (seasoning) unless you want to pull cash out.

To get a free analysis if refinancing will save you money call me AFTER you check today's current rates :).

  

 

Interstate Mortgage Service, Inc. NMLS #89235
25062 South 190th Street, Queen Creek, AZ  85142
Office:  (480) 553-5555
ryan@interstatemortgage.net
Copyright © 2017 Interstate Mortgage Service, Inc. NMLS#: 37053. Go to www.nmlsconsumeraccess.org to verify licensing.

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