Lack of inventory and a spike in home purchases has caused a rise in home values. This means you may have enough equity in your home to eliminate costly mortgage insurance premiums by refinancing.
If you stay in your current loan, you're required to wait the mandatory 5-year period and continue to pay mortgage insurance.
This means throwing away tens of thousand of dollars over the life of the loan. Refinancing can change this and allow you to start saving money each month.
Another benefit of refinancing allows you to payoff high-interest credit cards and installment loans. Consolidating your debt into a lower rate can save hundreds or even thousands of dollars per month. This savings can be applied to your mortgage allowing you to pay it off faster even with the increased loan balance.
Take advantage of low interest rates
Interest rates are still at historic lows which means that NOW is the time to take action. Don't spend money every month on unnecessary mortgage insurance and costly debt when a single phone call could save you thousands.
CALL NOW (909) 967-8000
**Terms subject to change without notice. Does not constitute an offer, nor a guarantee to lend.