Home Mortgage Refinancing

As a homeowner you have home refinance options for your current mortgage. This is where your investment can really go to work for you. People choose the home refinance option for a variety of reasons, including:

•   To lower monthly payments
•   To cash out equity
•   Pay off high interest debts
•   Purchase property or other investments
•   Make major home improvements
•   Cover unforeseen family needs or emergencies
•   Pay College Tuition

The home refinance process of begins with completing a home loan application. Your Mortgage Loan Officer will then order the type of appraisal required for your home refinance loan. The new loan amount will be based on the current value of the property and whether you wish to cash out some or all of the home equity you have accrued.