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The Secret Refinance Strategy

"Discover the hidden refinance strategy in this video, which enables you to pay off credit card debt while reducing interest on your new mortgage.

And if  you don't have debt to  consolidate, the plan still works wonderfully!
Witness firsthand how this secret tactic can transform your financial outlook and secure your future. See it to believe it!"

-Karen Jones, Certified Mortgage Loan Advisor
NMLS 307015
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The Refinance Journey

What interest rate are you really paying?

Refinance or don’t refinance?…..that is the question.

If you have a mortgage with a low rate, that’s great. But what if you have other debt? You might think your interest rate is low, but when you average the rates on your debts overall, it may be significantly higher. Credit cards, car loans, HELOCs and others have all seen their rates drastically increase.

The good news is that you probably have a lot of equity in your home that can be used to consolidate
all those debts. And while your new mortgage rate might be higher, your blended rate may actually decline.

When refinancing your home loan you will want to review the numbers to ensure that the refinance is worth the cost and effort. You will want to work with a loan officer that is not just after a loan, but really wants what is best for you and your family. And sometimes, that decision, maybe not to refinance.

However, if you do find that the numbers helps you with decisions and if a refinance is in your best interest, you’ll want to understand the refinance journey. The short video below will help you understand the life cycle of a refinance.

Cash-out refinancing offers homeowners a versatile financial tool to achieve various goals. By leveraging the equity built up in their homes, individuals can access funds for home improvements, debt consolidation, or investments. Whether you're looking to renovate your current property, consolidate high-interest debt into a single, more manageable payment, or venture into real estate investment by purchasing a second home or investment property, cash-out refinancing provides the means to unlock your home's equity and put it to work for you.

On the other hand, rate-term refinancing can be a strategic move to lower monthly mortgage payments and potentially save thousands in interest over the loan term. By refinancing at a lower interest rate, homeowners can reduce their monthly financial burden while maintaining or even shortening the loan term. This can result in significant long-term savings and improved financial stability. Rate-term refinancing is particularly beneficial for homeowners looking to optimize their mortgage terms in response to changing financial circumstances or market conditions. Whether you're aiming to free up cash flow, pay off your mortgage sooner, or secure a more favorable interest rate, rate-term refinancing offers a valuable opportunity to enhance your overall financial well-being.

Want to Explore Your Refinance Opportunities?

Get started by completing an online application and allow Karen Jones to review numbers with you to see if it makes sense for your situation.