When looking to refinance your mortgage loan, you want to make sure you are working with a lender you can trust. In order to ensure that a mortgage refinance is the right option for you, DC Fundings will make sure that there is enough tangible benefit from the refinance process for each individual borrower before deciding to proceed with the transaction. Whether you are interested in lowering your mortgage payments, lowering your interest rate or changing your loan term, DC Fundings can help you evaluate your current financial situation and help you determine whether or not a mortgage refinance is the right option for you.
To find out if refinancing is right you we must first determine what your financial goals are and compare the benefits of a new home loan to your current home loan.
Benefits of Refinancing
- You lower your mortgage rate
- You lower your mortgage term
- Take cash out through the equity of your home
- Consolidate your debt
- Get rid of Private Mortgage Insurance (PMI)
- Take other parties off of your loan
Your home is typically the most valuable asset you own and your loan payment your largest monthly obligation. Making sure that you have the best loan possible is an important financial decision. There are various scenarios where refinancing may make sense and we assist with determining whether refinancing is truly in your best interest and selecting the most appropriate program if so. Get started now by applying for a loan through DC Fundings or give our offices a call, and one of our professional Loan Officers will assist you throughout the process.