Why would I refinance my mortgage?
INNOVATIVE MORTGAGE REFINANCING SOLUTIONS – Rates might be lower now than when you got your mortgage, but that doesn’t mean you have to sit around and wonder what might have been. If current rates are 0.5% or more below what you’re currently paying, call Real World Mortgage for a free assessment, and we’ll find out if there’s a money-saving option for you. Essentially, all it means is replacing your current mortgage with a new one.
Lower interest rates aren’t the only reason to refinance.
It’s also a good idea to take equity out of your home and refinance it to consolidate debt, or when you need to make a large purchase such as school tuition. When done properly, refinancing can help save you money over the long run and improve your cash flow in the short term. And most importantly, it’s simple. Refinancing is a common procedure, and it’s one of our areas of expertise.
To see if refinancing is the right option for you, check our “Should I Refinance?” calculator