You may be able to save a substantial amount per month which will also create a savings for the life of the loan just by refinancing to a lower rate.

Take cash out to pay for college tuition, home improvements, and credit card bills or to even purchase a vacation home. Using the equity in your home can also be a good way to finance major purchases.

Shortening your loan term by even one or two years, and reducing your interest rate by just a 1/2% may save you tens of thousands of dollars of interest expense.

  • Lower your interest rate and your monthly mortgage payment.
  • Take cash out.
  • Pay off your mortgage sooner.
  • Combine your first and second mortgages.
  • Pay off credit cards and other debts.