Know the why behind refinancing.Refinancing helps you lower the amount you’re paying in interest and drastically reduces the number of years you’re in debt. Refinancing can help you become completely debt-free faster!
There’s more to it than just interest rate.There are a number of ways to save money outside of lowering your interest rate: You could get rid of your private mortgage insurance (PMI), reduce your loan term, get out of a variable rate, or switch your loan type.
Work with a lender you can trust.Many lenders may try to convince you that refinancing to a longer term can help you have more cash on hand. Run away! That’s not the point of refinancing. The right mortgage company will refinance your home to help you reach your financial goals.
Refinance the Right Way With Churchill Mortgage
Churchill Mortgage is different from other lenders. Their loan specialists show you exactly what to do so you can save the most money over the long term. Their guides can help you become fully debt-free—including your house! Churchill has been helping Dave fans like you for over 25 years!
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