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Why should I refinance my mortgage loan?

Posted by Jack O. Pysz on Tuesday, November 22nd, 2016 at 1:02pm.

Refinancing is a great tool to reduce your mortgage payment, lower your interest rate, and remove private mortgage

The refinance process is quick and you don’t need to hire an attorney for the closing. All you need is an experienced

Loan Officer who will guide you through the process

Why should you refinance your mortgage?

 Consolidate debt (Credit cards debt, auto loans, medical bills; all this could be packed into one payment with a lot

lower interest rate)

  • Need cash? Cash-Out refinance might be just right for you. Taken you have some equity in the house, you can receive that as cash at the closing

  • Stop your payment from increasing (if you currently have an ARM- adjustable-rate mortgage loan)

  • Want to remodel your house? tap into the equity that has been built up in your home

  • Payoff your home

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