Refinance
Let Mortgage Tech calculate if a refinance makes sense for you.
Thinking of Refinancing? It’s not a simple answer.
We can go over your scenario and determine what the best course of action is…
If your goal is to simply save money and not take cash out of your equity, then it becomes a math equation. We can calculate the breakeven time it takes for you to start saving money. It may seem you start saving immediately, and you very well may feel savings immediately. However, we must factor in the cost of refinancing and evaluate if the breakeven timeframe works for you. The bottom line is that usually there will be a certain amount of time you must remain in your home for the refi to make financial sense.
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By refinancing your existing mortgage, your total finance charges may be higher over the life of the loan.
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This is not a commitment to lend. All loans are subject to credit and property approval. This offer is nontransferable and may not be combined with any other mortgage offer. Advertised offer is subject to change. To claim this offer, you must provide your personal code. We may gather information about you including, but not limited to, credit bureau information, information for verification of income, information for appraisal and verifications of property being used for collateral. We also verify your identity. Income, assets and debt must meet eligibility requirements as established by Government and/or Lender guidelines.
Home Affordable Refinance Program and HARP® are registered trademarks of the Federal Housing Finance Agency (FHFA). Mortgage Tech is not associated with FHFA or any government program. Official information about the Home Affordable Refinance Program (HARP) is located at http://www.HARP.gov
Information from third party media sources does not necessarily represent the views of Mortgage Tech. It is subject to change without notice.