The Benefits of Refinancing Your Mortgage
Refinancing can lower your monthly payments, reduce your interest rate, and allow you to obtain cash from your equity, if you choose to cash some of it out. Your equity value fluctuates with the housing market, so it’s important that you protect it by knowing when it's time to cash it out.
Cashing Out Your Equity Can Help you...
As a result of refinancing, your total finance charges may be greater over the life of the loan. Ask your NLC Loans Personal Mortgage Advisor for more details.