Why refinance to a mortgage?

Consumers can save big when they replace a 30-year mortgage with a lower interest rate, or with a shorter term. The term is the duration of the loan, when you go from a 30-year loan to a 15-year loan the payment will be slightly higher but the loan will be paid off in half the time. Just look at some of the benefits:

Lower Interest Rate

Shorter loan terms generally have a lower interest rate.

Less Interest

You’ll pay less interest over the life of your loan.

Higher Long-Term Savings

Less interest means long-term savings for you and your family.