When you apply to refinance your home, you may be looking to take out equity, lock in a lower rate or extend your amortization to lower your payments.
Refinancing your mortgage means you’ll be
paying off the full amount of your existing
mortgage and taking out a new loan
altogether. This allows you to secure
different loan terms and interest rates.
The process for refinancing is comparable to applying
for your mortgage. You’ll need the basics, such as
your proof of income. This will differ based on your
employment status. I will advise accordingly once
we chat about your specific circumstances.
Seek advice early in the process. This will give me more time to shop around and present you with great options.
If you’re not quite ready to refinance, I can hold a mortgage rate for you for 120 days.
Your credit will be impacted multiple times if you shop around on your own. I’ll do the same shopping while only pulling your credit report once.
Fill out the pre-approval application today.
