One of the most beneficial rewards of refinancing a loan with Lendevity is the lower interest rates you could receive. This can save you hundreds of dollars, if not more a year, depending on the loan size.
By reducing your interest rates, you have more money to spend to do the things you love. Lower payments put the money back in your pocket.
Rates change at an alarming rate these days, so please contact your loan officer, and inquire about the daily rate changes. Online rate calculators can help but for full service and locked in rates contact us today to help.
Did you know that lowering your mortgage rate will also help build equity in your home? That is right! This is another great benefit of refinancing. Refinancing from a 30-year loan to a 15-year loan at a lower interest rate effectively means that more of your payment each month is applied to the principal. Your payment may be higher, but interest could be lower, this is a great idea if you are financially able to take on the higher payment.
Finding the right mortgage lending company, like Lendevity, who will help put you back in control of your financial life with more cash. We can crunch the numbers to figure out your breakeven points of refinancing, we will explain and find the best rates available to you from looking at your credit score and we will help you through the entire refinancing process.
At Lendevity we want what is right for you both short and long term financially, so do not be afraid to ask the questions that concern you. We are here to help at your Lendevity family.
Other Refinancing Options: