Know when refinancing is a good option for you.
Refinancing means getting a new loan intended to replace your current mortgage. There are several factors to consider in refinancing a loan. One important consideration is the prevailing mortgage interest rate. Borrowers can take advantage of lower interest rates by refinancing their existing mortgages with higher rates. The decision on whether or not to refinance may also depend on your goals such as consolidation of your existing loans, paying off other debts, increased liquidity through reduced monthly loan amortization or reduction of risk such as refinancing from a variable-rate to a fixed-rate loan.
Whatever your situation is, we can assist you in your refinancing needs. Talk to our agents at 214-388-0777 (Dallas office) or 713-917-0777 (Houston office).