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 Have You Considered Refinancing? |
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| Homeowners
refinance not just to take advantage of low rates, but to
reduce their mortgage costs, pay off their mortgage earlier,
or help pay off debts. AllTrust Mortgage can help make
refinancing quick and easy by simplifying the process and
providing assistance at each stage. | |
| Lower Your Monthly Payments! |
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Find Out How! |
If interest
rates are lower than when you bought your house, refinancing
may lower your monthly payment and the finance charges you pay
over the life of the loan.
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| Consolidate Your Debt. |
| If you've
built equity in your home, you may use refinancing to
consolidate your personal debt into one easier payment.*
Credit card balances, auto loans, and second mortgages often
carry an interest rate higher than that of a refinanced
mortgage. Refinancing may reduce your monthly payments by
decreasing your monthly interest charges. In addition, unlike
with personal debt, the interest on a refinanced mortgage is
generally tax-deductible (consult your tax advisor), giving
you attractive tax advantages for refinancing. |
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| Home Equity. |
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If you've
built up equity in your home, you may be eligible to refinance
your existing mortgage to a larger loan amount. This would
provide you additional cash that could be used for debt
consolidation, home improvement, or for personal use. The
interest paid on your "cash out" refinance, unlike personal
loans, could be tax deductible (consult your tax advisor).
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