There are many reasons you may want to consider refinancing your most important asset. With today’s low interest rates, it may be worthwhile to refinance your existing mortgage to either reduce your monthly payments, or to tap into your home equity to help with your short or long terms goals, including:
If your mortgage is closed and you refinance before your renewal date, you may face a penalty. However, it may still be worthwhile to refinance. The key is to determine whether the potential interest-rate savings outweigh the penalty.
You can also add a second mortgage on your property if refinancing your mortgage is not
worthwhile. Our Home Trust Equityline Visa Card is a unique alternative to other second
mortgage products, with all the flexibility of a line of credit and all the benefits
of Visa. Find out more.
To help you decide if refinancing is an option for you, contact a Home Trust Mortgage Specialist today at 1-877-903-2133 x5820. We’re available Monday through Friday from 9 am to 5 pm EST.
Ready to apply? Complete our easy online application in minutes, or call 1-855-270-3630.
Use our calculators to see how much you can afford and how much you can save with a Home Trust mortgage.