There are many potential benefits in refinancing your home’s mortgage, including lowering your monthly payment and the interest rate on the loan, and the ability to pay off your mortgage earlier or later. Debt consolidation and changing from an adjustable-rate to a fixed-rate mortgage are two more reasons that a refinance could help your family’s finances.
You need to ask yourself some important questions to determine if this may be a good time to refinance your Northern Colorado home’s mortgage. Have interest rates dropped significantly since you purchased your home? Are you making more money, or have less debt? Has your credit score increased? This is just an example of the individual information that may be needed in determining if you qualify.
The refinance process can be confusing, but you are not alone! Our experts can walk you through all the details and work with you to determine if a mortgage refinance of your Fort Collins or Loveland home is right for your unique situation. Our team has your best interests as our priority. Contact our Fort Collins real estate loan company today. We can help you with any of your mortgage lending and refinance options in Colorado and California.