If your existing mortgage is no longer ideal, it could be time to consider a refinance on your home loan. By refinancing your home loan in Boston or elsewhere in Massachusetts, Rhode Island or Connecticut Now, You Can…
It can be difficult to know when it is the ideal time to refinance. But anytime the benefits of refinancing are likely to outweigh the costs, a refinance might be in order.
Here are some examples of when you might want to refinance your home loan:
When interest rates have dropped, and you want to change your adjustable rate mortgage into a fixed rate mortgage so you can lock in a lower rate.
When you have more competitive qualifications than you did when you first applied for a loan, and may now be eligible for a lower interest rate as a result.
When you were planning on moving out of your home within a few years, and want to save money for the move with an adjustable mortgage rate with a low introductory rate.
When you have had a change in income, and want to have more time to pay off your loan so that your monthly costs decrease.
When you are tired of paying for mortgage insurance, and may qualify for a loan without this requirement.
When you want to consolidate high-interest debts into your mortgage.
There is no reason to keep paying more on your home loan than you have to. Style Mortgage can help you figure out if this is the right time to refinance your home loan and whether you qualify. To schedule your consultation, please give us a call today at (508) 223-5206. We look forward to helping you refinance your mortgage in Boston or elsewhere in Massachusetts, Rhode Island or Connecticut.
Style Mortgage, LLC is a mortgage broker only and does not make or authorize mortgage loans. All mortgage loans and loan products are offered by third party lenders. Borrowers must qualify per the terms of the third party lender’s loan products and loan programs. This is not a commitment to lend. All loan programs, rates, terms and conditions are subject to change without notice. Pre-qualification is neither pre-approval nor a commitment to lend. This site contains links to websites controlled or offered by third parties. Style Mortgage, LLC is not responsible for any information, materials, products or services offered by a third party website.