Refinancing is often used to lower your interest rate. If rates have dropped since you last financed your home, you may want to consider refinancing. Other common reasons to refinance include paying off a balloon payment, converting an adjustable rate loan to a fixed rate loan or to extract cash equity in your home (cash out). A few reasons for cashing out include: home improvement, an education fund, and consolidating debt.
Another way to convert equity in your home to cash is a "home equity" loan. A "home equity" loan is an alternative to refinancing if your home loan has a very low rate compared to current interest rates or if you have a prepayment penalty on your loan.
Equal Housing Opportunity
The Mortgage Market Financial Group Inc ™ 2012
Privacy Policy | Contact Us
4305 Neptune Road Saint Cloud, FL 34769
Call Us: (407) 935-9511
Email Us: donna@mortgagemarketfinancial.com
Apply: Click Here