Refinancing Your Home

A mortgage refinance involves applying for a new mortgage to replace the existing mortgage on your home. There are several advantages to refinancing your mortgage, and Home Loan Solutions is here to help you explore those advantages.

Why are you refinancing?

If your reason for refinancing is to consolidate debt, pay off a large expense, or upgrade your home, then refinancing can be regarded as a smart financial decision. Obtaining a lower interest rate and saving money over time is also a benefit to borrowers. Our mortgage specialists at Home Loan Solutions will help you weigh the pros and cons of refinancing.

Are you planning on paying off your current loan early?

If so, then refinancing into a short term adjustable rate may be an option. Every refinancing transaction should begin by consulting with a knowledgeable professional who can help you determine which loan program is best for you.

How many points will you pay?

When it comes to refinancing a mortgage, “points” refers to the percentage points based on the dollar amount of your loan. Home Loan Solutions can help you decide if paying a discount point is the right choice based on your specific scenario. We also offer “zero fee” loans, so please call us today for a free consultation.

Will you come out ahead?

Refinancing a mortgage is a smart decision in many cases and homeowners want to know if they will “come out ahead” when all is said and done. Refinancing calculators, like the one provided on this website, can help you determine whether this is the case for your refinance.

We invite you to continue reading about refinancing your home; then, contact Home Loan Solutions today for a free home refinancing consultation. We look forward to hearing the details of your situation and helping you make an informed decision about refinancing.