Home loan refinancing is a great way for homeowners to take advantage of low interest rates or modify the term of their loan but it isn’t the only tool at your disposal. Take a look at home loan refinancing compared to some of the most popular alternatives below. Home loan refinancing vs taking out a second mortgage: While home loan…
You have a mortgage now, but want to refinance it. Fortunately, with Colorado Springs mortgage lenders, you have many options. Whether you want to lower your interest rate, change your term, or take money out of your home’s equity, there are options. Here’s what lenders offer. Rate and Term Refinance If you have a rate higher than is currently offered,…
If you have a Colorado mortgage now, you may wonder when it makes sense to refinance. It seems like everyone around you is refinancing right now because of the low-interest rates. Does that mean you should too? While refinancing can be a great way to save money, there are some factors you should consider before you do. How Long will…