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Is Refinancing Worth It? Top 3 Reasons To Refinance My Mortgage?

Is Refinancing Worth It? Top 3 Reasons To Refinance My Mortgage?

Bob The Broker
Bob Friel
Published on March 25, 2021

Is Refinancing Worth It? Top 3 Reasons To Refinance My Mortgage?

Is refinancing my mortgage worth it? Good question, in this video we will discuss the Top 3 Reasons To Refinance My Mortgage? A BIG question today for all home owners is Should I refinance My Mortgage. Here are the TOP 3 Reasons you may want to refinance your mortgage

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1. Lower your current mortgage payment or Remove Mortgage Insurance. You may be able to get a lower interest rate because of changes in the market conditions or because your credit score has improved.

2. Cash-out: Consolidate debt from other loans or credit cards.
I understand that debt can pile up over months and years. Consolidating those debts into a lower rate tax-deductible mortgage refinance is a smart way to gain control over your finances and put money in your pocket.

3. Construction (scrape & build) or Remodeling The House
Did you outgrow your home? Like your neighborhood and don’t want to move? Want an update kitchen to entertain in? Need an extra bedroom or bathroom?

The reasons that people take on a construction project are seemingly endless. But whatever the reason I can help.

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