Wondering if it’s time to Refinance?

Let me help you decide and unlock potential savings or opportunities!

Lower Your Interest Rate:

Rates have dropped—are you leaving money on the table? Refinancing could cut your rate and save you thousands over the life of your loan.

Shrink Your Monthly Payment:

Free up cash by refinancing to a lower rate or extending your loan term. Imagine what you could do with that extra money each month!

Pay Off Your Loan Faster:

Want to be mortgage-free sooner? Switch to a 15-year loan and save big on interest while building equity faster.

Upgrade With Better Credit:

Improved credit? You could qualify for a better rate and turn your progress into real financial wins.

Switch for Stability:

If you’re in an ARM, lock in peace of mind with a low fixed rate while they’re still available. Don’t let rising rates catch you off guard!

Turn Equity Into Cash:

Need funds for home improvements, debt consolidation, or a big goal? A cash-out refinance lets you put your equity to work for you.

Say Goodbye to PMI:

Got 20% equity in your home? Refinancing can eliminate PMI and save you hundreds each month.

The Numbers Don’t Lie:

Let’s calculate your breakeven point and see how soon you’ll start seeing real savings.

Refinancing isn’t just a financial move—it’s a chance to take control of your future. Let’s chat today and explore how refinancing can help you achieve your goals.

Frequently Asked Questions

Please reach us at DylanT@ArborFG.com if you cannot find an answer to your question.

The best time to refinance depends on various factors, but generally:

When interest rates are low: If rates drop significantly, it’s a good time to refinance to lock in a lower rate.
When your credit score improves: Refinancing may be advantageous if your credit score has increased since you took out the original loan.
When you plan to stay in your home: It typically takes 2-5 years to recoup the closing costs, so refinancing makes sense if you plan to stay in your home long-term.

What are the costs of refinancing?

Refinancing usually involves closing costs, which can range from 2% to 5% of the loan amount. These costs may include:

Application fees
Appraisal fees
Title insurance
Attorney fees (depending on your location)
Credit report fees
Loan origination fees You can often roll these costs into the new loan, but it may increase your loan balance.

How long does it take to refinance?

Refinancing can take anywhere from 30 to 45 days. The timeline can vary depending on the complexity of your loan, the lender’s workload, and how quickly you provide the required documentation.

Wondering if it’s time to Refinance?

Frequently Asked Questions

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