Refinancing is the process of paying off an existing loan with a new one. Some people refinance to take advantage of a lower interest rate, which lowers the monthly payment. Others refinance in order to cash out some of the equity in their home.Refinancing might also make sense if you want to change the type of loan; for example, if you have an adjustable-rate mortgage (ARM) and interest rates rise, you may want to refinance with a fixed-rate loan.
We can tell you more about the various refinance options available to you.
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What most people dream of, I have accomplished. This certainly did not happen on my own. I had the experience, knowledge and compassion of Trident Mortgage behind me. Without the help of Dennis Kinslow and his assistant, Linda Brautigam, I would never have found my way through to the end. They have made a dream come true, and I would recommend them to anyone who is embarking on the journey of homebuying!~ K.L., First-time Homebuyer