Refinancing Your Property |

By: Monster Mortgage  09-12-2011
Keywords: Mortgage

Refinancing your existing mortgage can be one of the most effective ways to access equity in your home for a variety of reasons. For example, did you know that you could use the money in your home to pay off other debts that carry higher interest rates than a mortgage e.g., credit card debt, car loans? Why pay interest of 18% on your bank's credit card debt when you can add that debt to your mortgage and pay a much lower interest rate. Sometimes it makes sense to refinance to lower your interest payments, let us help you do the math.

  • You can consolidate your debts into a lower mortgage payment and pay less bills monthly
  • It pays to break your mortgage
  • You can borrow that extra cash for renovations or other big plans
  • You can borrow up to 90% of your home's value


Keywords: Mortgage

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