There are many reasons why refinancing into a new mortgage out of your current one could make financial sense to you. Our Farmington Hills mortgage experts will take the time to assess your situation and help align your personal goals with the options that are available to you.
Refinancing is often a wise decision if you are looking to accomplish one of the following:
- Lowering your interest rate, or monthly payment amount
- Switch from an Adjustable Rate Mortgage (ARM) or balloon to a conventional fixed rate
- Take advantage of the equity you have already built up in your home with a cash-out refinance. Perfect for debt consolidation or home improvement projects.
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