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The Road to Refinancing

5 Steps to Refinancing Your Mortgage

 Is it time to refi?

Download the Road to Refinancing Guide

 Refinancing a mortgage means paying off an existing loan and replacing it with a new one. There are many common reasons why homeowners choose to refinance:

  • The opportunity to obtain a lower interest rate
  • The chance to shorten the term of their mortgage
  • The desire to convert from an adjustable-rate mortgage to a fixed-rate mortgage, or vice versa
  • The opportunity to tap a home’s equity in order to finance a large purchase
  • The desire to consolidate debt

Refinancing can be a great financial move if it reduces your mortgage payment, shortens the term of your loan or helps you build equity more quickly. When used carefully, it can also be a valuable tool in getting your debt under control. Before you plan to refinance, take a thorough look at your financial situation and ask yourself: How long do I plan to continue living in the house? And how much money will I save by refinancing? If you think these answers still point toward a refi, follow these 5 steps to ensure a successful experience.

Download the Road to Refinancing Guide

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Downtown

655 West Broadway, Suite 1650
San Diego, CA 92101
T: 619.546.0973
California BRE# 01927052
Broker: Andrew Canter

Bird Rock

5623 La Jolla Blvd
La Jolla, CA 92037
T: 858.729.9943
F: 858.729.9942
cantercompanies.com/bird-rock

La Jolla

7825 Fay Avenue
La Jolla, CA 92037
T: 858.454.2238
F: 858.454.2239
canterlajolla.com

Encinitas

90 North Coast Highway 101, #211
Encinitas, CA 92024
T: 760.230.1513
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