Refinancing Your Home.

Is it Time to Refinance?

Refinancing your current mortgage can lead to many benefits, including lowering your interest rate, shortening the term of your loan, consolidating and paying off other debts, or utilizing your home's equity to pay for updates and renovations.  However, before you decide to refinance it’s important to understand how the process works and to evaluate the pros and cons for your individual situation.


What are some good reasons to refinance your mortgage?

  • Lower your payment
  • Use your home equity to better manage debt
  • Pay off your loan faster
  • Get a low rate for the life of your loan

 

To find out if you may benefit from a refinance, contact your local DRMC mortgage loan advisor and see if this solution is right for you.