How do I know if I should refinance?
If your payment is too high, your interest rate is higher than current rates, you're looking to consolidate debt, or you want to own your home sooner — consider a refinance.
How can I lower my monthly payment?
Interest rates are near historic lows. If you current rate is 1-1.5% higher than market rates, lower it. There are no upfront fees and you can save hundreds each month.
How can I access cash to pay off debt?
Ask for a cash-out refinance. Use you home equity to take money out for paying debt, college loans, even home improvements that will in turn increase your home value.
How can I increase my home equity?
Equity increases naturally as you pay down your mortgage balance. You can also help it grow by completing home improvement projects or renovations.