
Refinancing your mortgage can be a smart financial move, but is it the right time for you? At Manzano Mortgage Co., I specialize in helping clients assess their options and make informed decisions. Here’s what you need to know about refinancing.
When Does Refinancing Make Sense?
Refinancing might be a good idea if:
Interest rates are lower than your current rate, which can reduce your monthly payments.
You want to shorten your loan term to pay off your mortgage faster.
You need to access equity for home improvements, debt consolidation, or other expenses.
Your financial situation has improved, and you can now qualify for better loan terms.
How to Calculate Your Savings
Use my easy-to-understand mortgage calculator to estimate your potential savings. I’ll also help you determine your break-even point—how long it will take to recoup the costs of refinancing through lower payments.
Costs to Consider
Refinancing isn’t free. Closing costs typically range from 2% to 5% of the loan amount. At Manzano Mortgage Co., I’ll provide a clear breakdown of the costs so you can make an informed decision.
How to Get Started
Refinancing with me is simple. Contact Manzano Mortgage Co., and I’ll guide you through reviewing your current mortgage, exploring loan options, and submitting your application.
Refinancing can be a game-changer for your finances. Let’s talk to see if it’s the right move for you!
Disclaimer
The information provided in this blog is for general informational purposes only and does not constitute legal, financial, or professional advice. While every effort is made to ensure the content is accurate and up-to-date, laws and regulations may vary, and individual circumstances differ. For personalized advice, please consult a licensed professional.
Manzano Mortgage Co. is not a law firm, and this content should not be considered a substitute for legal advice.
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