Home Mortgage Refinancing
Refinance Center
What does refinancing actually mean? Refinancing a home means "paying off" the existing home loan by replacing it with another mortgage that works better for your current goals. There are several reasons you might want to refinance.
- To lower your payment via a lower interest rate
- To shorten the term of your loan
- To switch from an Adjustable Rate Mortgage (ARM) to a Fixed Rate Mortgage
- To turn the equity you have built up in your home into cash- "Cash Out Refinance"
Whatever your reason for refinancing, the mortgage specialists at OneLocal can help you select the right mortgage loan to meet your financial goals.
Resources
Not all online information on mortgage loans and the home-buying process is accurate. The following websites provide reliable facts about credit, debt, successful personal financial management and the home-buying process.