Home Mortgage Refinancing

As a homeowner you have the option of refinancing your mortgage. This is where your investment can really go to work for you. People refinance 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 process of refinancing your mortgage begins with completing a loan application. Your Loan Officer will then order the type of appraisal required for your 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 equity you have accrued.