|
Refinancing Your Home
If you already own a home, but want to take advantage of declining mortgage interest rates, you may be interested in refinancing your loan.
Until recently, the rule of thumb for refinancing was to wait until mortgage interest rates were at least 1% lower than your current rate. But every homeowner's financial situation is unique, and several other factors may mean refinancing is right for you.
Together, with the tools and information in this section, we'll help you decide if refinancing is right for you:
Loan Types: features and benefits of Glenn Eagle Lending's range of loan programs.
Deciding to Refinance: factors to consider including taxes, cash flow, and total savings.
Other Mortgage Programs: you may save even more simply by changing to another type of home loan program.
Paying Discount Points: when refinancing, you may benefit from paying discount points for a lower interest rate.
Refinance Costs: factors to consider when doing the math on refinancing your current home loan.
Locking In Your New Interest Rate: when refinancing, you'll still need to lock in your interest rate, as if you were buying a new home.
What You Will Need to Apply: a handy home loan refinancing checklist to help you collect the information you'll need for our online application.
Loan Tools: use the mortgage calculators, financial glossary, and Mortgage FAQs to find answers to your specific refinancing questions.
|