With rates being lower than ever, you are probably one of many home owners considering whether they have options for a home refinance San Diego. Rate changes, term changes and many other situations determine the rationale of why this may be a good time for you.
Despite the possibility of saving thousands of dollars, there might be other practical reasons this would be a good financial move for you right now. Having so many options for refinancing usually comes with questions to ensure whatever you decide is a step towards something better.
As you weigh this important decision, Secure Funding Group wants you to have all the information you need. We are a respected and trusted leader in refinancing for San Diego homeowners. The following tips can be used as an initial guide for this process. Once you review this information, give us a call at 619-946-7333.
Common Reasons Refinancing is a Good Idea
Most clients who use Secure Funding Group for home refinance San Diego do so for reasons such as:
• Switching from an adjustable rate loan to a fixed rate loan. If your mortgage is currently under an adjustable rate, the good rates today make this a good time to refinance and get a fixed rate. Low interest rates do not stick around forever and planning your budget is easier with this type of rate.
• Refinancing a fixed rate for lower monthly payments. If you want a chance to drastically reduce your monthly mortgage payment, Secure Funding Group can help you get a lower rate. While refinancing could increase the term of your loan, this could still make good financial sense for your personal situation.
• Government programs may offer better solutions. Programs such as HARP, VA or even FHA loans may present a golden opportunity for your mortgage, especially if you did not begin with one of these loans. Speaking with one of our loan specialists at 619-946-7333 will help determine your eligibility.
Refinancing is a Personal Decision
Ultimately, your decision to pursue a home refinance San Diego is a personal decision that should be weighed carefully against other goals you want to accomplish. Are you just looking for a lower monthly payment? Is getting out of debt faster by paying off your mortgage a priority?
Answers to these questions can only come from you. However, we at Secure Funding Group are here to help you make the best decision. Contacting us at 619-946-7333 immediately connects you to a friendly, experienced staff who will guide you through the process.
We make sure you understand the specifics, and how different factors determine your options. With the right amount of research and planning, you may find that a home refinance San Diego is the best thing for you and your pocketbook.