Refinancing your mortgage can lower your total payment and shorten the length of your loan. At Integrated Funding, our Raleigh, NC mortgage advisors can help you decide whether or not you should refinance your current mortgage at a lower interest rate.
Our team takes the time to get to know your individual needs as we help you refinance your loan. We’ll look at and assess your unique situation to figure out a refinance plan that is right for you.
Refinancing can help you own your home in a shorter period of time while saving you big on loan interest. The rates on 15-year mortgages are typically lower than the rates on 30-year loans and stay the same throughout the lifetime of the mortgage. This means major savings for you.
In addition, refinancing to another 30-year mortgage can help lower your monthly payments, ultimately saving you hundreds of dollars each month.
How Will a Home Mortgage Refinance Affect My Monthly Payments?
Every home mortgage situation is unique. In the case of a 15-year mortgage, your monthly payments may be higher, but this is not always the case. Depending on how much is remaining on your loan, the lowered interest rate may balance out the increase in principle payment that allows the mortgage to be paid off sooner.
Call Integrated Funding When Considering Refinancing Your Home in Raleigh & Beyond
Interested in a mortgage refinance in Raleigh or elsewhere in North Carolina, such as Charlotte or Wilmington? Contact the mortgage advisors at Integrated Funding today. We’ll walk you through your options, giving you more information about HARP loans and more.
Integrated Funding is proud to offer personal, customized mortgage solutions and home buying assistance in the North Hills area and throughout Raleigh, Cary, Apex, Wake Forest, and surrounding areas. Additionally, we serve clients in Raleigh, Charlotte, Wilmington and throughout North Carolina.