Refinancing

Lower Your Monthly Payment

Refinance your mortgage to a lower your interest rate. A lower interest rate can mean paying a lower payment, giving you more money at the end of each month. Lowering your interest rate can not only help you save money, but it increases the rate at which you build equity in your home.

Switch to a Fixed Rate

If you started out with an Adjustable Rate Mortgage (ARM) you may now want to switch to a Fixed Rate Mortgage instead. With rising interest rates your ARM may be costing you more money than you can currently afford. Switching to a fixed rate will keep your monthly payment more consistent.

Cash-Out

A cash-out refinance uses the equity you’ve built up in your home to help make home improvements, pay for your child’s college, pay off high interest credit cards or possibly buy that vacation home you’ve always wanted is another good reason to refinance.

If you are interested in refinancing your loan and want to know more about your options contact one of our locally based loan offices. If you live in the Santa Clarita area, one of our loan officers can schedule a meeting with you to discuss your options.

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