Refinance - Why Should You Refinance Your Home - Mortgage Loans Colorado Apply Now
Why Should You Refinance Your Home?
Refinancing your mortgage means paying off your existing loan and replacing it with a new loan and possibly a completely different program.
This could be a great financial strategy in lowering your monthly payment, shortening the term of your loan and building equity in your home.
Some of the most common reasons to refinancing include:
Lowering your interest rate
Lessening the term of your loan
Eliminating Mortgage Insurance
Converting an ARM (Adjustable Rate Mortgage) to a FIXED rate
Debt consolidation by using the equity in your home
Using the equity for major expenses/updates in the home
With Lendem Financial, you can easily fill out and apply for a refinancing arrangement. Our portfolio features a variety of low-interest loans with varying credit periods, making it easy for you to target an arrangement well within your affordability range.
Questions about Lendem Financial mortgage loan options? Why you should think about using a mortgage broker vs a bank? Using a Mortgage Loan Officer that has access to all sources of lending institutiuons helps people get the best loan for their situation and offers all options on the market vs the programs at one bank. Call Todd Rubick of Lendem Financial and tell him why the bank said no... If your tax returns do not show your true income, or credit is less than perfect... Full service all source lending strategies will be offered for those that need them.