We are happy to help you with the process of refinancing your loan.
There are several scenarios in which loan refinancing is an advantageous solution, and here at Harbor Mortgage Company, we will guide you through the process of determining if this is the right answer for you and then proceeding if it does make sense. We want to help you make the best choices because they affect your future success.
One reason for loan refinancing is to seek better loan terms than what you may have qualified for originally. New loan products come on the scene every so often as well, so there may be one available now that wasn’t offered when you first obtained your loan. The goal of loan refinancing in this scenario is to generally to either lower your monthly payment or shorten the loan period.
Another reason for loan refinancing is to pull equity from your Savannah, Georgia home to use for other things. If your home has appreciated in value or you have been paying on it for quite some time, this lets you obtain funds you could put toward such things as a home improvement or paying off higher-interest loans. One more scenario for loan refinancing is if you are hoping to move to a different lender for some reason.
These are just a few of the situations in which loan refinancing might be the solution you are looking for. We are happy to discuss what you have in mind and help you with the process of refinancing your loan. Contact us today to schedule a face-to-face meeting to learn more.