If you’re looking to save money or invest more, then look into refinancing your home today. Chances are that you will qualify for a better mortgage now that you’ve had a chance to build your credit and grow your equity. Additionally, refinancing your home can also help with paying for a big investment, making renovations around the house, or just consolidating debt.
With Shop Your Own Mortgage, you can shop around for a better rate with minimal effort. Simply download our free mobile app (Android or iOS) and get started with your refinance today! Refinancing your home has never been easier.
Keep the same rate type
Get only a small reduction in your rate
Miss out on opportunities to invest, renovate, and consolidate debt
Trust the market to increase (and not decrease) the value of your house
Pay high interest rates on other kinds of debt like credit card debt
Have your money locked into mortgage payments
Work with the same inflexible terms
Let your equity just sit around
Change your rate type
Qualify for much better rates
Have the opportunity to do more with your money
Increase the net worth of your house and assets
Consolidate your debt to pay lower interest rates on different debt
Get a cash-out and do what you want with your money
Negotiate better terms
Use your equity to your advantage
The In’s and Out’s of Refinancing Your Home
A hоmе lоаn іѕn’t juѕt a dеbt—it’s also a grеаt fіnаnсіаl tool to buіld wealth, improve cash flow and support уоur lіfеѕtуlе. So, learn to make the most of your debt through these simple tips.
When уоur mоrtgаgе term іѕ uр аnd it’s tіmе to renew, lеndеrѕ make it very еаѕу fоr you to blindly accept their terms and sign the renewal letter. However, this isn’t always the right decision.
If your family has outgrown your current home or your house hasn’t been updated in a while, it’s time to make a decision – to renovate or sell. Find out the pros and cons of each option.
You’ve probably heard the term “refinancing” before, but do you really know what it means? Lucky for you, we’re spilling the tea on refinancing in this easy-to-read article.