Why Refinance?

Did you know that refinancing could lower your monthly payment?

Did you know you can take cash out from the equity in your property. 

Did you know you may have mortgage insurance if you purchased your property with less than 20 percent down payment?

Credit card interest rates can be in excess of 28%. Paying off credit cards can save thousands of dollars.

Adjustable rate loans are become unpredictable and your monthly payment could slowly but surely be increasing. 

Changing the term of your loan to longer period could result in a lower monthly payment. However chaning to a shorter period coould result in higher payments. 

Refinance is simply paying off one loan while simultaneously obtaining another loan with the intention of better terms or cash out.

Not all refinances make sense.  Refinance is questionable when the costs outweigh the benefits.

Each person situation is different. You need to analyze your current goals and make an informed decision.